Medplus Health IPO will be open from 13 December 2021 and close on 15 December 2021. Medplus Health IPO GMP Kostak rate and Subject to Sauda updated as of Today. Medplus Health IPO Grey Market Premium has been Not Started with High Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates.
Medplus Health Services ais the second largest pharmacy retailer in India. The Company operations include the manufacturing and contract manufacturing of private label pharmaceutical, wellness and FMCG products, wholesale and retail sale, import, distribution, and pathology diagnostic laboratory testing. We offer a wide range of products, including pharmaceutical and wellness products, including medicines, vitamins, medical devices and test kits, and fast-moving consumer goods, such as home and personal care products, including toiletries, baby care products, soaps and detergents, and sanitizers.
Medplus Health IPO Issue size of ₹1398.30 Crores, in which Fresh Issue of ₹600 Crores and Offer For Sale of ₹798.30 Crores and issue price band has been fixed at ₹780-₹796 Per Share. The Medplus Health IPO to be listed Soon on NSE and BSE.
What is Medplus Health IPO GMP Today?
■ The Medplus Health IPO GMP Today Or Grey Market Premium is ₹150-₹160.
What is Medplus Health IPO Kostak Rates Today?
■ The Medplus Health IPO Kostak rate is ₹500.
What is Medplus Health IPO Subject to Sauda Price Today?
■ The Medplus Health IPO Subject to Sauda rates is ₹2500.
Medplus Health IPO Approximately Returns?
■ The Medplus Health IPO’s approximate return is 20%-25%. And it can also change according to the Market Sentiment.
Medplus Health IPO GMP Live, Kostak,& Subject to Sauda :
| Date | GMP | Kostak | Subject |
| 23 Dec 2021 | List – ₹1040.00 | ₹500 | ₹2500 |
| 22 Dec 2021 | ₹150-₹160 | ₹500 | ₹2500 |
| 21 Dec 2021 | ₹150-₹160 | ₹500 | ₹2500 |
| 20 Dec 2021 | ₹160-₹170 | ₹500 | ₹2500 |
| 19 Dec 2021 | ₹180-₹190 | ₹500 | ₹2500 |
| 18 Dec 2021 | ₹180-₹190 | ₹500 | ₹2500 |
| 17 Dec 2021 | ₹240-₹250 | ₹500 | ₹3000 |
| 16 Dec 2021 | ₹250-₹260 | ₹500 | ₹3000 |
| 15 Dec 2021 | ₹220-₹230 | ₹400 | ₹3000 |
| 14 Dec 2021 | ₹240-₹250 | ₹400 | ₹3000 |
| 13 Dec 2021 | ₹240-₹250 | ₹400 | ₹3000 |
| 12 Dec 2021 | ₹300-₹310 | ₹500 | ₹4000 |
| 11 Dec 2021 | ₹300-₹310 | ₹500 | ₹4000 |
| 10 Dec 2021 | ₹280-₹ 290 | ₹300 | ₹4000 |
| 09 Dec 2021 | ₹280-₹290 | ₹300 | ₹4000 |
| 08 Dec 2021 | ₹310-₹320 | ₹300 | ₹4000 |
| 07 Dec 2021 | ₹210-₹ 220 | ₹0 | ₹0 |
Medplus Health IPO Date & Price Band & Details :
| IPO Open : | 13 December 2021 |
| IPO Close : | 15 December 2021 |
| IPO Size : | ₹1398.30. Cr |
| Face Value : | ₹2 Equity Share |
| Price Band : | ₹780–₹796 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹1398.30. Cr |
| Fresh Issue : | ₹600. Cr |
| Offer For Sale : | ₹798.30. Cr |
Medplus Health IPO Market Lot :
Medplus Health IPO Minimum Market lot is 1 Lot with 18 shares with ₹14,328 Application amount. The retail investors can apply up to 13 lots with 234 Shares or ₹1,86,264 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 18 Shares |
| Minimum Amount : | ₹14,328 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 234 Shares |
| Maximum Amount : | ₹1,86,264 |
Medplus Health IPO Shares Offer :
A Total of 17,566,520 shares are to be bid for the public issue by Medplus Health IPO with 75,37,688 for Fresh issue and 10,028,832 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 75,37,688 | ₹600.00 Cr |
| Offer For Sale : | 10,028,832 | ₹798.30 Cr |
| Total : | 17,566,520 | ₹1398.30 Cr |
Medplus Health IPO Reservation :
Medplus Health IPO Total Reservation of 17,566,520 shares are to be bid for the public issue by Medplus Health IPO with 87,83,260 for QIB and 26,34,978 for NII 61,48,282 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 87,83,260 | ₹699.15 Cr |
| NII : | 15% | 26,34,978 | ₹209.74 Cr |
| RII : | 35% | 61,48,282 | ₹489.40 Cr |
| EMP : | – % | – | ₹ |
| Total : | 100% | 17,566,520 | ₹1398.30 Cr |
Medplus Health IPO EPS :
The Medplus Health company’s EPS growth is an Increasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) |
| 2021-6M | ₹6.16 |
| 2021 | ₹6.13 |
| 2020 | ₹0.21 |
| 2019 | ₹1.15 |
Medplus Health IPO Peer Comparison PE :
The Medplus Health, According to DRHP of the company no listed Company in india.
| Sr. No. | Company | PE Ratio |
| 1. | There are no listed companies in India that comparable in all aspects of business and services that we provide. | N/A |
Medplus Health IPO Dates :
Medplus Health IPO Date is 13 December and the close date is 15 December 2021. The allotment will be finalized on 20 December 2021 and the IPO may list on 23 December 2021.
| Open Date : | 13 December 2021 |
| Close Date : | 15 December 2021 |
| Allotment Date : | 20 December 2021 |
| Refund Date : | 21 December 2021 |
| Share Credit Date : | 22 December 2021 |
| Listing Date : | 23 December 2021 |
Medplus Health Company Financial Report (Cr) :
| Year | Revenue | Expense | PAT |
| 2021 | ₹30,908.14 | ₹29,957.16 | ₹631.11 |
| 2020 | ₹28,878.87 | ₹28,585.28 | ₹17.94 |
| 2019 | ₹22,849.40 | ₹22,621.89 | ₹119.22 |
About Medplus Health Company
We are the second largest pharmacy retailer in India, in terms of (i) revenue from operations for the financial year 2021, and (ii) number of stores as of March 31, 2021, according to the Technopak Report. We offer a wide range of products, including (i) pharmaceutical and wellness products, including medicines, vitamins, medical devices and test kits, and (ii) fast-moving consumer goods, such as home and personal care products, including toiletries, baby care products, soaps and detergents, and sanitizers.
Our Company was founded in 2006 by Gangadi Madhukar Reddy, our Managing Director and Chief Executive Officer, with the vision to set up a trusted pharmacy retail brand that offers genuine medicines and delivers better value to the customer by reducing inefficiencies in the supply chain using technology.
| Read also: All Upcoming IPO Grey Market Premium 2021 |
We have maintained a strong focus on scaling up our store network, having grown from operating our initial 48 stores in Hyderabad at the conception of our business to operating India’s second largest pharmacy retail network of over 2,000 stores distributed across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal and Maharashtra, as of March 31, 2021, according to the Technopak Report. Stemming from our focus on growing and achieving leadership in the key cities where we operate, for the financial year 2021.
Our share of the organized pharmacy retail market, based on revenue from operations, in Chennai, Bangalore, Hyderabad and Kolkata stood at approximately 30%, 29%, 30% and 22%, respectively, according to the Technopak report. Our number of stores has grown since the conception of our business and, as of June 30, 2021, we operated 520 stores in Karnataka, 458 stores in Tamil Nadu, 443 stores in Telangana, 274 stores in Andhra Pradesh, 201 stores in West Bengal, 186 stores in Maharashtra and 83 stores in Odisha.
We have continued to expand our store footprint in key cities where we operate and, between March 31, 2010 and June 30, 2021, our number of stores in Chennai grew over four-fold from 62 to 293 stores, our number of stores in Bangalore grew three-fold from 110 to 331 stores, our number of stores in Hyderabad grew over two-fold from 141 to 309 stores, and our number of stores in Kolkata grew over eight-fold from 22 to 201 stores. In terms of number of stores as of March 31, 2021, we ranked 1st in Chennai and Bangalore, and 2nd in Hyderabad and Kolkata, according to the Technopak report.
Medplus Health IPO GMP FAQs :
How much is Medplus Health IPO GMP Today?
Medplus Health IPO GMP Today is ₹150-₹160.
How much is Medplus Health IPO Grey Market Premium?
Medplus Health IPO is Grey Market Premium ₹150-₹160.
What is Medplus Health IPO Kostak Rate?
Medplus Health IPO Kostak Rate is ₹500.
What is Medplus Health IPO Subject to Sauda?
Medplus Health IPO Subject to Deals is ₹2500.
What are Medplus Health IPO Approx Returns?
Medplus Health IPO approx Returns is 20%-25%. And it can also change according to the Market Sentiment.
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