Entero Healthcare Solutions Limited
Mainboard₹13,838 / 11 Shares
Entero Healthcare Solutions Limited IPO Details
The Entero Healthcare Solutions Limited IPO price band is set between ₹1195-1258 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 9 Feb, 2024 and closes on 13 Feb, 2024. Investors can check the allotment status on 14 Feb, 2024, while the listing date is tentatively scheduled for 16 Feb, 2024.
The total issue size is Total ₹1600 Cr :#Fresh Issue : 7,949,125 shares, aggregating up to ₹1000.00 Cr. Stay tuned for the latest Entero Healthcare Solutions Limited IPO review and GMP updates.
Entero Healthcare Solutions Limited IPO Review, Rating & Analysis
Entero Healthcare Solutions Limited IPO Review
NO REVIEWEntero Healthcare Solutions Limited IPO Rating
Entero Healthcare Solutions Limited IPO Highlights
IPO Date
Feb 9, 2024 - Feb 13, 2024
Listing Date
16 Feb, 2024
Face Value
₹10 Per Equity Share
Price Band
₹1195-1258 per equity share
Lot Size
11 Shares
Fresh Issue
7,949,125 Shares
Offer for Sale
4,769,475 shares of ₹10
Listing At
BSE, NSE
Entero Healthcare Solutions Limited IPO Lot Size
The minimum market lot for Entero Healthcare Solutions Limited IPO is 11 shares with an application amount of ₹13,838. Retail investors can apply for up to 14 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 11 | ₹13,838 |
| Retail (Max) | 14 | 154 | ₹1,93,732 |
| S-HNI (Min) | 15 | 165 | ₹2,07,570 |
| S-HNI (Max) | 72 | 792 | ₹9,96,336 |
| B-HNI (Min) | 73 | 803 | ₹10,10,174 |
Entero Healthcare Solutions Limited IPO Timeline
Issue Price
₹1195-1258 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
ICICI Securities LimitedDam Capital Advisors Ltd (Formerly Idfc Securities Ltd)Jefferies India Private LimitedJm Financial LimitedSBI Capital Markets LimitedIssue Size
Total ₹1600 Cr :#Fresh Issue : 7,949,125 shares(aggregating up to ₹1000.00 Cr) +
#OFS : 4,769,475 shares of ₹10(aggregating up to ₹600.00 Cr)
Entero Healthcare Solutions Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 1308.73 | 3305.72 | -11.10 | 597.66 | - | 373.52 |
| 31 Mar 22 | 1125.98 | 2526.55 | -29.44 | 563.22 | - | 285.03 |
| 31 Mar 21 | 833.79 | 1783.67 | -15.35 | 487.06 | - | 141.70 |
All values are in ₹ Cr.
Entero Healthcare Solutions Limited IPO Valuations
EPS Pre IPO
₹0.00/-EPS Post IPO
₹9.70/-PE Pre IPO
0PE Post IPO
129.75ROE
-2.66%ROCE
6.06%Debt Equity
0.45RoNW
-1.86%PAT Margin
-Price to Book Value
7.22Promoters & Share Holding
Promoter(s) Name
- Prabhat Agrawal
- Prem Sethi
- OrbiMed Asia III Mauritius Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 77.11% | N/A% |
About Company
Entero Healthcare Solutions Limited is a distributor of healthcare products in India. The company's technology-driven platform provides healthcare product distribution services to pharmacies, hospitals, and clinics throughout India.
During the fiscal years 2021, 2022, and 2023, the company served over 39,500, 64,200, and 81,400 retail customers, respectively. Additionally, they also served over 1,600, 2,500, and 3,400 hospital customers during the same period.
Entero Healthcare Solutions has relationships with over 1,900 healthcare product manufacturers, giving them access to over 64,500 product stock-keeping units as of March 31, 2023.
The company has 73 warehouses in 37 cities across 19 states and union territories, and its customer base includes over 81,400 pharmacies and 3,400 hospitals in 495 districts as of March 31, 2023. This provides excellent access to healthcare product manufacturers.
As of 31st March, 2023, the company employs a total of 3014 people in various departments.
Entero Healthcare Solutions Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|
Company Contact Details
Entero Healthcare Solutions Limited
Plot No. I-35, Building - B, Industrial Area Phase - I, 13/7 Mathura Road, Faridabad 121 003Phone: +91 22-69019100
Email: jayant.prakash@enterohealthcare.com
Website: https://www.enterohealthcare.com/
Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: enterohealthcare.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Frequently Asked Questions about Entero Healthcare Solutions Limited IPO
When will Entero Healthcare Solutions Limited IPO open for subscription?
The Entero Healthcare Solutions Limited IPO opens on 9 Feb, 2024 and closes on 13 Feb, 2024.
What is the investors portion for Entero Healthcare Solutions Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is .
How to apply for Entero Healthcare Solutions Limited IPO?
You can apply for Entero Healthcare Solutions 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 Entero Healthcare Solutions Limited IPO?
The issue size of Entero Healthcare Solutions Limited IPO is approx ₹Total ₹1600 Cr :#Fresh Issue : 7,949,125 shares(aggregating up to ₹1000.00 Cr) +#OFS : 4,769,475 shares of ₹10(aggregating up to ₹600.00 Cr) crores.
What is the price band of Entero Healthcare Solutions Limited IPO?
The price band for Entero Healthcare Solutions Limited IPO is ₹1195 to ₹1258 per equity share.
What is the lot size of Entero Healthcare Solutions Limited IPO?
The minimum bid (lot size) for Entero Healthcare Solutions Limited IPO is N/A shares with an investment of approx ₹13,838 .
What is the allotment date of Entero Healthcare Solutions Limited IPO?
The allotment date for Entero Healthcare Solutions Limited IPO is 14 Feb, 2024.
What is the listing date of Entero Healthcare Solutions Limited IPO?
The listing date for Entero Healthcare Solutions Limited IPO is expected to be 16 Feb, 2024.
What is the GMP of Entero Healthcare Solutions Limited IPO?
The latest Grey Market Premium (GMP) for Entero Healthcare Solutions Limited IPO is being updated regularly on IPOROCK.
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.