Evoq Remedies Limited IPO
BSE SME₹108,000 / 4000 Shares
Evoq Remedies Limited IPO Details
The Evoq Remedies Limited IPO price band is set between ₹27 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 17 Mar, 2022 and closes on 22 Mar, 2022. Investors can check the allotment status on 28 Mar, 2022, while the listing date is tentatively scheduled for 30 Mar, 2022.
The total issue size is 3,600,000 Eq Shares of ₹10, aggregating up to ₹9.72 Cr. Stay tuned for the latest Evoq Remedies Limited IPO review and GMP updates.
Evoq Remedies Limited IPO Review, Rating & Analysis
Evoq Remedies Limited IPO Review
NO REVIEWEvoq Remedies Limited IPO Rating
Evoq Remedies Limited IPO Highlights
IPO Date
Mar 17, 2022 - Mar 22, 2022
Listing Date
30 Mar, 2022
Face Value
₹10 Per Equity Share
Price Band
₹27 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Evoq Remedies Limited IPO Lot Size
The minimum market lot for Evoq Remedies Limited IPO is 4000 shares with an application amount of ₹1,08,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹1,08,000 |
| Retail (Max) | 1 | 4000 | ₹1,08,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,16,000 |
| S-HNI (Max) | 9 | 36000 | ₹9,72,000 |
| B-HNI (Min) | 10 | 40000 | ₹10,80,000 |
Evoq Remedies Limited IPO Timeline
Issue Price
₹27 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Swastika Investmart LtdIssue Size
3,600,000 Eq Shares of ₹10(aggregating up to ₹9.72 Cr)Evoq Remedies Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 1 Feb 22 | 26.60 | 10.56 | 0.93 | - | - | - |
| 31 Mar 21 | 8.04 | 10.02 | 0.71 | - | - | - |
| 31 Mar 20 | 5.65 | 9.07 | 0.003 | - | - | - |
| 31 Mar 19 | 2.14 | 3.25 | 0.01 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Bhumishth Narendrabhai Patel
- Mrs. Payal Bhumishth Pate
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.99% | 73.53% |
About Company
Incorporated in 2010, EVOQ Remedies Limited specializes in offering quality Pharmaceuticals Raw Material products, Excipients, and Bulk Drugs at an affordable prices. The company procures all the products from WHO-GMP certified & reliable Manufacturers & Importers, who follow procedures as per the stringent national and international quality and safety standards.
Evoq Remedies Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,710,000 | 1,710,000 | 3,420,000 |
Day 1 -17-03-22 06:00 PM | 0.11 x | 0.26 x | 0.19 x |
Day 2 -21-03-22 06:00 PM | 0.27 x | 1.12 x | 0.70 x |
Day 3 -22-03-22 06:00 PM | 0.30 x | 3.03 x | 1.67 x |
Frequently Asked Questions about Evoq Remedies Limited IPO IPO
When will Evoq Remedies Limited IPO open for subscription?
The Evoq Remedies Limited IPO opens on 17 Mar, 2022 and closes on 22 Mar, 2022.
What is the investors portion for Evoq Remedies Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1710000.
How to apply for Evoq Remedies Limited IPO?
You can apply for Evoq Remedies 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 Evoq Remedies Limited IPO?
The issue size of Evoq Remedies Limited IPO is approx ₹3,600,000 Eq Shares of ₹10(aggregating up to ₹9.72 Cr) crores.
What is the price band of Evoq Remedies Limited IPO?
The price band for Evoq Remedies Limited IPO is ₹27 per equity share to ₹undefined.
What is the lot size of Evoq Remedies Limited IPO?
The minimum bid (lot size) for Evoq Remedies Limited IPO is N/A shares with an investment of approx ₹108,000 .
What is the allotment date of Evoq Remedies Limited IPO?
The allotment date for Evoq Remedies Limited IPO is 28 Mar, 2022.
What is the listing date of Evoq Remedies Limited IPO?
The listing date for Evoq Remedies Limited IPO is expected to be 30 Mar, 2022.
What is the GMP of Evoq Remedies Limited IPO?
The latest Grey Market Premium (GMP) for Evoq Remedies 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.