✓
Open
13 Dec 2021
✓
Close
15 Dec 2021
3
Allotment
—
✓
Listing
Thu, Dec 23, 2021
Price Band
₹780 to ₹796
Issue Size
1,75,73,342 shares (agg. up to ₹1,398 Cr)
Lot Size
18 Shares
Listing Date
Thu, Dec 23, 2021
Latest GMP
₹125
Est. Gain
15.7%
✦ AI Insight
GMP Trend
23-12-2021₹125Est. ₹921+15.7%
22-12-2021₹135Est. ₹931+16.96%
21-12-2021₹150Est. ₹946+18.84%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 37.36x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 1,746.49 | 1,565.66 | 1,348.70 | 958.71 |
| Total Income | 1,890.90 | 3,090.81 | 2,887.89 | 2,284.94 |
| Profit After Tax | 66.37 | 63.11 | 1.79 | 11.92 |
| EBITDA | 169.64 | 238.21 | 150.96 | 131.35 |
| NET Worth | 800.98 | 730.55 | 527.80 | 291.34 |
| Reserves and Surplus | 794.54 | 730.11 | 527.61 | 291.14 |
| Total Borrowing | 56.75 | 135.24 | 105.05 | 104.40 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment into our Material Subsidiary, Optival for funding working capital requirements of Optival | 467.17 |
| 2 | General corporate purposes | 105.57 |
About Medplus Health IPO
Incorporated in 2006, Medplus Health Services is India's second-largest pharmacy retailer in terms of the number of stores and revenue. The company offers pharmaceutical and wellness products i.e. medicines, vitamins, medical devices, test kits, and fast-moving consumer goods i.e. home and personal care products, baby care products, sanitizers, soaps, and detergents, etc. It is also the first pharmacy retailer in India to offer an omnichannel platform wherein customers can purchase products through stores, place orders over the telephone, online orders, and a Click and Pick facility. As of June 31, 2021, the company has a strong pharmacy retail network of 2,165 stores across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, and Maharashtra. In fiscal 2021, its share of the organized pharmacy retail based on revenue from operations in Chennai, Bangalore, Hyderabad, and Kolkata reported at 30%, 29%, 30%, and 22% respectively. It follows a cluster-based approach for store network expansion wherein it first opens high store density in a populated residential area within a target market. The company's warehouses are located in Bengaluru, Chennai, Hyderabad, Vijaywad
Contact Details
Medplus Health Services Ltd. Address707, 7th Floor, 5-9-13Taramandal Commercial Complex, SaifabadHyderabad, Telangana, 500004+91 040 6724 6724cs@medplusindia.comVisit Website