Medplus healthcare services is the second largest pharmacy retailer in india, According to their revenue from operation for the year 2021, and the number of Stores. Medplus health provides a wide range of products like medicines, test kits, vitamins, FMCG such as home and personal care products, including toiletries, baby care products, soaps, detergents etc.
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| Med+ ipo details |
Table of Contents
About the Company
Company was incorporated as ' Medplus Health Services Private Limited ' at Hydrabad, Andhra Pradesh as a private limited company under the companies act, 1956 and was granted the certificate of incorporation on November 30, 2006 by the registrar of the companies, Andhra pradesh at Hydrabad.
Promoters of the Company
Gangadi Madhukar Reddy
Lone furrow investment pvt. Ltd.
Agilemed investment pvt. Ltd.
About the Promoters
Gangadi Madhukar Reddy : Gangadi is managing director and Chief executive officer of the Company.
Anish kumar saraf : saraf is the Non- executive director of the company
Atul gupta : Gupta is the Non- executive director of the company.
Company Contact Details
Registered Office : 707, 7th floor, 5-9-13, taramandal commercial complex, saifabad, Hydrabad 500004, Telangana, India
Tel : +91 040 6724 6724
Corporate Office : Municiple no. 11-6-56, survey no. 257 & 258/1, C block, III floor, opp: railway siding, kukatpally, Hydrabad 500037, Telangana
Tel : +91 040 6724 6724
Contact person : Parag jain, Company secretory and compliance officer
E-mail : cs@medplusindia.com
Corporate Identity Number : U85110TG2006PLC051845
Competitors of the company
1. Apollo health care
2. Fortis Health world
3. Dava india
Company Strengths and Risks
Strengths :
1. Medplus health services is the second largest pharmacy retailer with around 2000+ stores in india.
2. Medplus health services is around 15 years old and have a good quality and genuine product.
3. Medplus health services expand its Retail shops
4. High density store network enhancing omnichannel proposition.
5. Low cost system and technology based.
Risks :
1. One of the company's promoters, lone furrow investment private limited has pledged a some portion of its share holding.
2. The company insurance coverage may not be adequate to protect its losses when neccesary.
3. Medplus health services have negative cashflows in the last three years.
4. Dependency on third party for its supply of its product.
5. The use and disclosure of personally identifiable information, including personal health information, is subjected to privacy and security regulations.
Company Financials
Revenue ( Year 2019,2020,2021)
Year 2019 - 2285 cr
Year 2020 - 2888 cr
Year 2021 - 3091 cr
Total Assets ( Year 2019,2020,2021)
Year 2019 - 959 cr
Year 2020 - 1349 cr
Year 2021 - 1556 cr
Profits ( Year 2019,2020,2021)
Year 2019 - 11.92 cr
Year 2020 - 1.79 cr
Year 2021 - 63.11 cr
IPO Details
Open date : 13 December 2021
Closed date : 15 December 2021
Listing Plateforn : NSE & BSE
Price bands : Rs. 780-796
Issue size : 1358 crore
Minimum investment : Rs. 14328
Maximum investment : Rs. 186264
Minimum share : 18
Lot Size : 18 Shares
Allotement Dates : 20 December 2021
Initiation of refunds : 21 December 2021
Listing Date : 23 December 2021
Pre promoter holding % : 43.16
Post promoter holding % : 40.43
GMP 15 Dec 2021 : 245
Also Read : Stocks under Rs. 100
Subscription Status
Retail individual investor : 2.64x
Non- institutional investor : 0.50x
Qualified institutional buyers : 0.09x
Employees : 1.73x
Registrar & lead managers
Registrar
Kfin technologies private limited
Selenium tower B, plot no. 31 or 32, financial district, Nanakramguda, serilingampally, Hydrabad, Rangareedi 500 032 Telangana, India.
Tel : +91 40 6724 6724
E-mail : medplus.ipo@kfintech.com
Website : www.kfintech.com
Contact person : M. Murali Krishna
Lead Managers
Axis Capital Limited
1st floor, Axis House
C-2 Wadia International Centre
P.B. Marg, Worli
Mumbai 400 025
Maharashtra, India
Tel: +91 22 4325 2183
E-mail: mapmyindia@axiscap.in
Investor Grievance E-mail:
complaints@axiscap.in
Website: www.axiscapital.co.in
Contact Person: Ankit Bhatia
SEBI Registration Number:
INM000012029
Also read : Daily Market Updates
Listing Price of Medplus IPO
Medplus ipo listing price Rs. 1040.00 with listing gain of 244.00 (30.65%) . Losted in both BSE or NSE .
Market cap : 13,376 crore
P/E ratio : NA
P/B ratio : NA
Industry P/E : NA
ROE : NA
EPS : NA
Dividend yield : NA
Book Value : NA
52 WEEK high : Rs.1143.90
Frequently Asked Question
Q. What is an IPO ?
IPO or Initial public offering is a way where company want to raise sum amount of money for their business expansion, paying debt, etc. It is a process where private limited company convert into public limited company which is traded publicly in Stock exchanges like Bombay stock exchange and national stock exchange.
Q. Who decides the price of IPOs ?
Company decides the price of IPO with the help of Lead mangers. Sebi or stock exchange does not interfere in the price of IPOs . There is risk in decide best and suitable premium rate for IPOs because investors do not like higher premium rates.
Q. Who will decides dates of IPO or listing date ?
Once SEBI and Stock exchanges approved for IPO then company cunsult with lead managers or registrar , stock exchanges to fix the date.
Q. What is the Role of Registrar ?
Basis work of Registrar are to provide facility like transfer stocks to investor demat accounts, transfer refunds in the investor account who do not get IPO and they are registered with SEBI and Stock Exchanges.
Q. Is it mandatory to have PAN number to apply for IPO ?
YES, since july 2006, SEBI made PAN compulsary for IPO applicants.
Q. How many times One person apply ?
Only one time a one person will be applied but you apply for IPOs from your family's account.
Q. How IPOs listing price is decided ?
The listing price of IPO is decides through book building by syndicate of investment banks.
Q. One can apply for IPO for Offline ?
Yes, you can apply for IPO offline.
Q. How many days IPOs subscription open ?
At least 3 working days IPO will be open for subscription.
Q. What is 'market lot' or 'Minimum order quantity' ?
When a company launches a IPO , company decide, how many numbers of shares that an investor can get .
Q. is it mandatory trading account apply for IPO ?
No, it is not mandatory for demat account.
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