Emcure Pharmaceuticals Limited

Emcure Pharmaceuticals Limited

Mainboard

₹14,112 / 14 Shares

Offer Date:Jul 3, 2024 - Jul 5, 2024
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Emcure Pharmaceuticals Limited IPO Details

The Emcure Pharmaceuticals Limited IPO price band is set between ₹960-1008 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.

The IPO date for subscription opens on 3 Jul, 2024 and closes on 5 Jul, 2024. Investors can check the allotment status on 8 Jul, 2024, while the listing date is tentatively scheduled for 10 Jul, 2024.

The total issue size is Total ₹1,952.03 Cr :#Fresh Issue : 7,936,507 shares, aggregating up to ₹800.00 Cr. Stay tuned for the latest Emcure Pharmaceuticals Limited IPO review and GMP updates.

Emcure Pharmaceuticals Limited IPO Review, Rating & Analysis

Emcure Pharmaceuticals Limited IPO Review

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Emcure Pharmaceuticals Limited IPO Rating

Emcure Pharmaceuticals Limited IPO Highlights

IPO Date

Jul 3, 2024 - Jul 5, 2024

Listing Date

10 Jul, 2024

Face Value

₹10 Per Equity Share

Price Band

₹960-1008 per equity share

Lot Size

14 Shares

Fresh Issue

7,936,507 Shares

Offer for Sale

11,428,839 shares of ₹10

Listing At

BSE, NSE

Emcure Pharmaceuticals Limited IPO Lot Size

The minimum market lot for Emcure Pharmaceuticals Limited IPO is 14 shares with an application amount of ₹14,112. Retail investors can apply for up to 14 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)114₹14,112
Retail (Max)14196₹1,97,568
S-HNI (Min)15210₹2,11,680
S-HNI (Max)70980₹9,87,840
B-HNI (Min)71994₹10,01,952

Emcure Pharmaceuticals Limited IPO Timeline

IPO Open Date
3 Jul, 2024
IPO Close Date
5 Jul, 2024
Basis of Allotment
8 Jul, 2024
Listing Date
10 Jul, 2024

Issue Price

₹960-1008 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

Lead Manager

Kotak Mahindra Capital Company LimitedAxis Capital LimitedJ.P. Morgan India Private LimitedJefferies India Private Limited

Issue Size

Total ₹1,952.03 Cr :
#Fresh Issue : 7,936,507 shares(aggregating up to ₹800.00 Cr) +
#OFS : 11,428,839 shares of ₹10(aggregating up to ₹1,152.03 Cr)

Emcure Pharmaceuticals Limited IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 247806.166715.24527.582952.282722.402091.94
31 Mar 236672.536031.72561.852501.132293.772202.42
31 Mar 226063.475918.86702.561987.551987.552102.19

All values are in ₹ Cr.

Emcure Pharmaceuticals Limited IPO Valuations

EPS Pre IPO

₹29.17/-

EPS Post IPO

₹27.95/-

PE Pre IPO

34.55

PE Post IPO

36.07

ROE

16.90%

ROCE

19.37%

Debt Equity

0.67

RoNW

16.87%

PAT Margin

-

Price to Book Value

6.18

Promoters & Share Holding

Promoter(s) Name

  • Satish Mehta
  • Sunil Mehta
Share Holding Pre IssueShare Holding Post Issue
98.90%78.24%

About Company

Emcure Pharmaceuticals Limited, an Indian pharmaceutical company, develops, manufactures, and globally markets a wide range of pharmaceutical products across several major therapeutic areas.

The company has been ranked 13th in domestic sales among pharmaceutical companies in India for MAT September 2023 and 4th in market share in our covered markets for the same period. Additionally, it is the leading pharmaceutical company in gynaecology and HIV antiviral therapeutic areas for the MAT September 2023.

In the six months ended September 30, 2023, and the Financial Year 2023, sales in India contributed 50.84% and 53.16% of the company's total revenue, respectively. The company's Domestic sales grew at a CAGR of 10.80% between September 2019 and September 2023, outperforming the Indian pharmaceutical market.

As of September 30, 2023, Emcure Pharma employed 552 scientists and operated five research facilities in India. They filed over 1,800 documents globally, including 204 in the EU and 133 in Canada. They had 201 granted patents, 33 pending patent applications, and submitted 102 drug master files.

Emcure Pharmaceuticals has 13 manufacturing facilities in India. These facilities can produce various pharmaceutical and biopharmaceutical products, including pills, liquids, injectables, and complex ingredients such as chiral molecules, iron molecules, and cytotoxic substances.

As of September 30, 2023, the company's marketing and distribution network in India was supported by over 5,000 field personnel who regularly interacted with healthcare providers. The distribution network included over 5,000 stockists, served by 37 carry-and-forward agents.

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Emcure Pharmaceuticals Limited IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved3,853,234
2,889,926

1,926,618    963,309
6,743,16013,703,538
Day 1 -03-07-24 05:00 PM
0.07 x
2.71

2.54 x   3.04 x
1.39 x1.32 x
Day 2 -04-07-24 05:00 PM
1.00 x
13.67

14.15 x   12.70 x
3.43 x4.98 x
Day 3 -05-07-24 05:00 PM
195.83 x
48.28

53.79 x   37.26 x
7.17 x67.84 x
Total No. of Applications:28,45,226 (Approx)
Retail Subscription:

Retail:5.7x

BHNI:10.99x

SHNI:36.54x times

Company Contact Details

Emcure Pharmaceuticals Limited

Plot No. P-1 and P-2,, IT-BT Park, Phase II, M.I.D.C., Hinjawadi, Pune -411 057

Phone: +91 20 3507 0033

Email: investors@emcure.co.in

Website: https://www.emcure.com/

Registrar Contact Details

Link Intime India Private Ltd

Frequently Asked Questions about Emcure Pharmaceuticals Limited IPO

When will Emcure Pharmaceuticals Limited IPO open for subscription?

The Emcure Pharmaceuticals Limited IPO opens on 3 Jul, 2024 and closes on 5 Jul, 2024.

What is the investors portion for Emcure Pharmaceuticals Limited IPO?

The investors' portion for QIB is 195.83 x, NII is 53.79 x, and Retail is 7.17 x.

How to apply for Emcure Pharmaceuticals Limited IPO?

You can apply for Emcure Pharmaceuticals Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Emcure Pharmaceuticals Limited IPO?

The issue size of Emcure Pharmaceuticals Limited IPO is approx ₹Total ₹1,952.03 Cr :#Fresh Issue : 7,936,507 shares(aggregating up to ₹800.00 Cr) +#OFS : 11,428,839 shares of ₹10(aggregating up to ₹1,152.03 Cr) crores.

What is the price band of Emcure Pharmaceuticals Limited IPO?

The price band for Emcure Pharmaceuticals Limited IPO is ₹960 to ₹1008 per equity share.

What is the lot size of Emcure Pharmaceuticals Limited IPO?

The minimum bid (lot size) for Emcure Pharmaceuticals Limited IPO is N/A shares with an investment of approx ₹14,112 .

What is the allotment date of Emcure Pharmaceuticals Limited IPO?

The allotment date for Emcure Pharmaceuticals Limited IPO is 8 Jul, 2024.

What is the listing date of Emcure Pharmaceuticals Limited IPO?

The listing date for Emcure Pharmaceuticals Limited IPO is expected to be 10 Jul, 2024.

What is the GMP of Emcure Pharmaceuticals Limited IPO?

The latest Grey Market Premium (GMP) for Emcure Pharmaceuticals Limited IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

Emcure Pharmaceuticals Limited IPO Date, Review, Price, Allotment Details, GMP | IPOROCK