Entero Healthcare Solutions
Entero Healthcare Solutions Info
Details about the Entero Healthcare Solutions IPO. Opening Date of Entero Healthcare Solutions is 09 Feb 24 and Closing Date is 13 Feb 24 . Face Value of Each share of Entero Healthcare Solutions is ₹10 per share. Price band of Entero Healthcare Solutions is ₹1,195 to ₹1,258. The Lot size of Entero Healthcare Solutions is 11 shares. Total issue size of Entero Healthcare Solutions IPO is ₹1600 cr. Fresh Issue of Entero Healthcare Solutions IPO is 1,000 cr. Entero Healthcare Solutions IPO also includes offer for sale of ₹600 cr.This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Entero Healthcare Solutions is 16,066,886. Share Holding Post Issue of Entero Healthcare Solutions is 24,016,011.
Business Summary
Entero Healthcare Solutions's primary line of business is in the distribution of healthcare products to retail pharmacies, hospitals and healthcare clinics in India.
Company add value to the healthcare product manufacturers that work with them by providing them reach and accessibility to pharmacies, hospitals and clinics through company's integrated and technology driven, pan-India healthcare products distribution platform.
As of September 30, 2023, company has 77 warehouses located across the country, last-mile delivery infrastructure and relationships with pharmacies, hospitals and clinics enables healthcare product manufacturers to make their products available to a wide range of customers.
Entero Healthcare Solutions IPO Details
| Open Date | 09 Feb 24 |
|---|---|
| Close Date | 13 Feb 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹1,195 - ₹1,258 |
| Lot Size | 11 Shares |
| Total issue Size | 12,718,600 Shares ₹1600 cr |
| Fresh Issue | 7,949,125 Shares ₹1000 cr |
| Offer for Sale | 4,769,475 Shares (₹600 cr) |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 16,066,886 |
| Share Holding Post Issue | 24,016,011 |
| RHP , DHRP | View RHP, View DRHP |
Entero Healthcare Solutions IPO Timeline
The Entero Healthcare Solutions Initial Public Offering (IPO) is set to open on 09 Feb 24 and will end its subscription phase on 13 Feb 24. You can check your allotment status for Entero Healthcare Solutions on 14 Feb 24. The refund process for your funds will start promptly on 15 Feb 24. Entero Healthcare Solutions IPO credit of shares will be on 15 Feb 24. The listing date for Entero Healthcare Solutions is on 16 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Entero Healthcare Solutions IPO Reservation
The Entero Healthcare Solutions IPO reserves shares for different investor categories. Approximately Not less than 75% of the Net Issue will be available for QIB, Not more than 15% of the Net Issue will be available for NII, Not more than 10% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not less than 75% of the Net Issue |
| NII | Not more than 15% of the Net Issue |
| Retail | Not more than 10% of the Net Issue |
Entero Healthcare Solutions IPO Lot Size
Bids can be made for minimum of 11 shares and in multiple of 11 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 11 | 13,838 |
| Retail (Max) | 14 | 154 | 193,732 |
| S-HNI (Min) | 15 | 165 | 207,570 |
| S-HNI (Max) | 72 | 792 | 996,336 |
| B-HNI (Min) | 73 | 803 | 1,010,174 |
Entero Healthcare Solutions IPO Promoters Holding
Promoters holding details for Entero Healthcare Solutions in the current issue is as follows: The share holding of promoters before the issue stands at 76.54%, and after the issue, it has been adjusted to -%.
Promoters of Entero Healthcare Solutions are Prabhat Agrawal, Prem Sethi, Orbimed Asia Iii Mauritius Limited,
| Share Holding Pre Issue | 76.54% |
|---|---|
| Share Holding Post Issue | -% |
Entero Healthcare Solutions Financial Information
Financial performance details for Entero Healthcare Solutions over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 01 Oct 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 1,505.95 | 1,308.73 | 1,125.98 | 833.79 |
| Revenue | 1,898.97 | 3,305.72 | 2,526.55 | 1,783.67 |
| Profit After Tax | 11.64 | -11.1 | -29.44 | -15.35 |
Entero Healthcare Solutions IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Entero Healthcare Solutions are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| ROCE | 6.06% |
| ROE | -2.66% |
| RoNW | -1.86% |
Object of the Issue
- • Repayment/prepayment, in full or part, of certain borrowings availed of by Company
- • Funding of long-term working capital requirements of the Company and its Subsidiaries during Fiscals 2025 and 2026.
- • Pursuing inorganic growth initiatives through acquisitions
- • General corporate purposes
Contact Details for Entero Healthcare Solutions
Phone
Office
Plot No. I-35, Building - B Industrial Area Phase - I 13/7 Mathura Road, Faridabad 121 003
Registrar Details for Entero Healthcare Solutions
Link Intime India Private Ltd
Phone
Office
C-101, 1st Floor, 247 ParkL.B.S. Marg, Vikhroli West Mumbai 400 083, Maharashtra, India
Lead Manager
- • ICICI Securities Limited
- • Dam Capital Advisors Ltd
- • Jefferies India Private Limited
- • Jm Financial Limited
- • SBI Capital Markets Limited