Mono Pharmacare Limited

Company Profile
Company Name Mono Pharmacare Limited
Open Date 28-08-2023
Close Date 30-08-2023
Exchange NSE SME
Lot Size 4000 Shares
Issue Price ₹26 to ₹28 per share
Issue Size 53,00,000 Equity shares
Application Amount ₹1,12,000
Recommendation Avoid
Company was incorporated in the year 1994 and is engaged in the business of marketing of pharmaceutical products and also distributors of various pharmaceutical companies. Company works with various contract manufacturers who manufacture pharmaceutical products on company’s behalf based on compositions given by company and subsequently sell those products under brand “DLS Export”. Company is also distributing to various pharmaceutical companies. As on February 28, 2023, company is dealing with (distributors and stockists) 168 pharmaceutical companies and also, connected with 3,036 Customers/vendors who are a mix of retail pharmacy stores as well as wholesalers.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-23 Mar-22 Mar-21
Total Assets 6,257.38 1,438.31 1,122.47
Net Assets 1,368.57 427.57 369.58
Total Borrowings 3,992.70 643.93 608.03
Total Revenue 3,314.77 3,710.26 2,837.83
Profit After Tax 9.50 35.10 94.50

Tentative Timeline

Opening Date 28-08-2023
Closing Date 30-08-2023
Basis of Allotment 04-09-2023
Initiation of Refunds 05-09-2023
Credit of Shares to Demat 06-09-2023
Listing Date 07-09-2023

Objects of the Issue

To meet the working capital requirements.
General corporate purposes.
To meet the issue expenses

Contact Information

Registered Office Mono Pharmacare Limited 1A, Krinkal Apartment Opp. Mahalaxmi Temple, Paldi Ahmedabad -380007
Phone +91 99780 41356

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

QIB Shares Offered Not more than 10.00% of the Net offer
NII (HNI) Shares Offered Not less than 45.00% of the Offer
Retail Shares Offered Not less than 45.00% of the Offer

Shareholding Pattern

Pre Issue Share Holding 81.03%
Post Issue Share Holding 18.97%

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