Issue Price
₹1,258
Per Share
GMP
NIL
Grey Market
Est. Listing
₹1,258
Expected Price
Min. Application
₹27,676
2 lots × 11 shares
Incorporated in 2018, 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 Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 12,725,244 | 100.00% | ₹1,600.84 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 11 | ₹13,838 |
| Retail (Max) | 1 | 11 | ₹13,838 |
| sNII (Min) | 15 | 165 | ₹207,570 |
| bNII (Min) | 73 | 803 | ₹1,010,174 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 1898.98 | 3305.72 | 2526.55 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 11.64 | -11.10 | -29.44 |
| Net Worth | 660.54 | 597.66 | 563.22 |
| Total Assets | 1505.95 | 1308.73 | 1125.98 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | 488.68 | 373.52 | 285.03 |