Mono Pharmacare SME IPO
Mono Pharmacare Limited
₹1,04,000 /4000 sharesMinimum Investment
Mono Pharmacare SME IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
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28 Aug ‘23 - 30 Aug ‘23 | ₹1,04,000 | 4,000 | ₹26 - ₹28 |
Mono Pharmacare, incorporated in 1994, operates in the pharmaceutical industry. It specializes in the marketing and distribution of pharmaceutical products. They collaborate with contract manufacturers to produce medications according to their formulations, which are then sold under the 'DLS Export' brand. In addition to this, they serve as distributors for various pharmaceutical companies.
Their product lineup includes various medicines, such as antibiotics, antifungal treatments, cold and allergy remedies, antacids, pain relievers, nutritional supplements, skin care products, antiseptics, cardiac medications, diabetic treatments, and cosmetics.
Currently, the company conducts its operations exclusively in the western region of Gujarat, with a primary focus on Ahmedabad city.
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Managing director
Mr. Panilam Lakhatariya
Parent organisation
Mono Pharmacare Limited
Strengths & Financials of Mono Pharmacare SME
The company has an extensive product lineup encompassing various categories, including antibiotics, antifungal medications, cough-cold & anti-allergic remedies, antacid and antiemetics, analgesics and antipyretics, nutraceuticals, skincare products, antiseptic solutions, cardiac medications, diabetic treatments, and cosmetics.
As of February 28, 2023, it collaborated with pharmaceutical distributors and stockists. Additionally, the company maintains relationships with 3,036 customers and vendors, comprising both retail pharmacy stores and wholesalers.
The company sources its formulations from plants with WHO, ISO, and GMP certifications. These certified suppliers ensure the production of the products by employing high-quality ingredients and advanced methods, following pharmaceutical industry regulations and standards.
Mono Pharmacare SME Financials
*All values are in Rs. Cr
Application Details of Mono Pharmacare SME IPO
Apply as | Price band | Apply upto |
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Regular | ₹26 - 28 | ₹2 Lakh |
High Networth Individual | ₹26 - 28 | ₹2 - 5 Lakh |
For Mono Pharmacare SME IPO, eligible investors can apply as Regular.