Mona Pharmacare Limited IPO (Mona Pharmacare IPO)

Mona Pharmacare Limited IPO
Upcoming Mona Pharmacare IPO | New Mona Pharmacare IPO

Mona Pharmacare Limited is engaged in the business of marketing of pharmaceutical products and also, the company is distributors of various pharmaceutical companies.

The company work with various contract manufacturers who manufacture pharmaceutical products on company’s behalf based on compositions given by Mona Pharmacare and subsequently the company sell those products under its brand “DLS Export”.

As on February 28, 2023, the company is dealing with (distributors and stockists) 168 pharmaceutical companies and also, Mona Pharmacare is connected with 3,036 Customers/vendors who are a mix of retail pharmacy stores as well as wholesalers.

Mona Pharmacare IPO

Mona Pharmacare IPO – Details

IPO Opening Date28 August 2023
IPO Closing Date30 August 2023
Issue TypeBook Built Issue IPO
Issue Size53,00,000 Shares Worth ₹14.84 Crore
Fresh Issue: 53,00,000 Shares Worth ₹14.84 Crore
Face Value₹10 per equity share
IPO Price₹26 – ₹28
Market Lot4000 Shares
Min Order4000 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Mona Pharmacare IPO – Date Schedule

IPO Open Date28 August 2023
IPO Close Date30 August 2023
Basis of Allotment04 September 2023
Initiation of Refund05 September 2023
Credit of Shares to Demat Account06 September 2023
IPO Listing Date07 September 2023
Cut-off time for UPI mandate confirmation5 PM on Aug 30, 2023

Mona Pharmacare IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)140001,12,000
Retail (Maximum)140001,12,000
HNI (Minimum)280002,24,000

Competitive Strengths

  • Experienced promoters and management team with industry knowledge and an established track record.
  • Asset-light business model and competitive products.
  • Scalable Business Model.
  • Wide and diverse range of product offerings.

Company Promoters

  • Panilam Lakhatariya
  • Supal Lakhatariya

Object Of The Issue

  • To meet the working capital requirements.
  • General corporate purposes.
Mona Pharmacare IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202011.6911.640.026.33
31 March 202128.3728.200.096.08
31 March 202237.1036.550.356.43
Amount in ₹ Crore

Key Performance Indicator

Market Cap (₹ Cr.)49.47
EPS (Rs)1.99

Mona Pharmacare IPO Promoter Holding

Pre Issue Share Holding81.02%
Post Issue Share Holding

Mona Pharmacare IPO Prospectus

Company Contact Information

Mona Pharmacare Limited

1A, Krinkal Apartment Opp.
Mahalaxmi Temple, Paldi
Ahmedabad -380007, Gujarat

Phone: +91 99780 41356

Mona Pharmacare IPO Registrar

Bigshare Services Pvt Ltd

+91-22-6263 8200

Mona Pharmacare IPO Lead Manager(s)

1. Unistone Capital Private Limited

Mona Pharmacare IPO FAQs

Mona Pharmacare IPO FAQs
What is Mona Pharmacare IPO?

Mona Pharmacare IPO is a SME IPO. The issue is priced at ₹26 – ₹28 per equity share. The IPO is to be listed on NSE SME.
When Mona Pharmacare IPO will open?

The IPO is to open on  28 August 2023 for QIB – 50%, NII – 15% and Retail – 35% Investors.
How to Mona Pharmacare IPO?

You can apply Mona Pharmacare IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Mona Pharmacare IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Mona Pharmacare”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the Mona Pharmacare IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Mona Pharmacare”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Mona Pharmacare IPO Size?

Mona Pharmacare IPO size is ₹14.84 crores.
What is Mona Pharmacare IPO Price Band?

Mona Pharmacare IPO Price Band is ₹26 – ₹28.
What is Mona Pharmacare IPO Minimum and Maximum Lot Size?

The minimum bid is 4000 Shares with ₹1,12,000 amount while the maximum bid is 4000 shares with ₹1,12,000.
What is the Mona Pharmacare IPO Allotment Date?

Mona Pharmacare IPO allotment date is  04 September 2023.
What is the Mona Pharmacare IPO Listing Date?

Mona Pharmacare IPO listing date is 07 September 2023. The IPO is to list on NSE SME.
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