Entero Healthcare Solutions Limited IPO

Entero Healthcare Solutions Limited IPO bidding starts from February 9, 2024 and ends on February 13, 2024. The allotment for the Entero Healthcare Solutions Limited IPO is expected to be finalized on February 14, 2024. Entero Healthcare Solutions Limited IPO will list on BSE, NSE with tentative listing date fixed as February 16, 2024. Entero Healthcare Solutions Limited IPO price band is set at ₹1195 to ₹1258 per share. The minimum lot size for an application is 11 Shares. The minimum amount of investment required by retail investors is ₹13,838.

Important Dates:-

ParticularsValue
Open Date:-February 9, 2024
Close Date:-February 13, 2024
Allotment Date:-February 14, 2024
Listing Date:-February 16, 2024

About Entero Healthcare Solutions Limited :-

Founded in 2018, Entero Healthcare Solutions Limited operates as a prominent distributor of healthcare products across India. Leveraging a technology-driven platform, the company offers distribution services to pharmacies, hospitals, and clinics nationwide.

Throughout the fiscal years 2021, 2022, and 2023, Entero Healthcare Solutions served progressively increasing numbers of retail and hospital customers. In 2021, they catered to over 39,500 retail customers and over 1,600 hospital customers, while in 2023, these figures rose to approximately 81,400 retail customers and 3,400 hospital customers.

With partnerships established with more than 1,900 healthcare product manufacturers, Entero Healthcare Solutions boasts access to a vast inventory comprising over 64,500 product stock-keeping units as of March 31, 2023.

The company strategically operates 73 warehouses spread across 37 cities within 19 states and union territories. This extensive network facilitates efficient distribution to over 81,400 pharmacies and 3,400 hospitals across 495 districts, ensuring excellent accessibility to healthcare product manufacturers.

As of March 31, 2023, Entero Healthcare Solutions Limited sustains its operations with a dedicated workforce of 3,014 individuals across various departments.

Contact Details :-

Address:- Entero Healthcare Solutions Limited Plot No. I-35, Building - B Industrial Area Phase - I 13/7 Mathura Road, Faridabad 121 003

Phone:- +91 22-69019100

E-mail:- jayant.prakash@enterohealthcare.com

Website:- https://www.enterohealthcare.com/

IPO Details :-

ParticularsValue
IPO Type:-Mainline
Price:-₹1195 to ₹1258
Lot Size:-11
Minimum Amount for 1 Lot:-13,838
Listing At:-BSE, NSE
Total issue of Shares:-1,27,18,600
Total issue Size:-1,600 Crore
Fresh issue of Shares:-79,49,125
Fresh issue Size:-1,000 Crore
Offer for Sale issue of Shares:-47,69,475
Offer for Sale issue Size:-600 Crore
Face Value:-10 per Equity Share

Financial Information :-

Amount in ₹ Crore

Period Ended30 Sep 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets1,505.95 1,308.731,125.98833.79
Revenue1,898.983,305.722,526.551,783.67
Profit After Tax11.64 -11.10 -29.44 -15.35
Net Worth660.54597.66563.22487.06
Reserves and Surplus
Total Borrowing488.68373.52285.03141.70

Key Performance Indicator :-

ParticularsValue
Market Cap (₹ in Crore):-3,021
ROE:--2.66%
ROCE:-6.06%
Debt/Equity:-0.45
RoNW:--1.86%

IPO Registrar :-

Name:- Link Intime India Private Ltd

Website:- https://linkintime.co.in/initial_offer/public-issues.html

IPO Prospectus :-

ParticularsLink
Entero Healthcare Solutions Limited IPO DHRP:-Click Here
Entero Healthcare Solutions Limited IPO RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
09-02-20246513235.17%
10-02-2024 512630.4%
11-02-2024 512630.4%
12-02-2024 1012680.79%
13-02-2024212600.16%
14-02-2024212600.16%
15-02-2024 212600.16%
16-02-2024212600.16%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
February 9, 20240.000.040.320.040.040.09
February 12, 20240.00 0.090.620.090.090.18
February 13, 20242.280.221.330.220.221.53

Allotment Status:-

ParticularsLink
Check Allotment Status (available on February 14, 2024)Click Here

Listing Details :-

ParticularsValue
Listing Date:-February 16, 2024
BSE Script Code:-544122
NSE Symbol :-ENTERO
ISIN:-INE010601016
Final Issue Price:-1,258.00
Open:-1,228.70
Low:-1,141.00
High:-1,258.00
Close:-1,149.55

Entero Healthcare Solutions Limited IPO FAQ :-

What is the opening date for Entero Healthcare Solutions Limited IPO?

The Entero Healthcare Solutions Limited IPO opens on February 9, 2024.

What is the closing date for Entero Healthcare Solutions Limited IPO?

The Entero Healthcare Solutions Limited IPO closes on February 13, 2024.

When will the shares be allotted for Entero Healthcare Solutions Limited IPO?

Shares of Entero Healthcare Solutions Limited IPO will be allotted on February 14, 2024.

What is the listing date for Entero Healthcare Solutions Limited IPO?

The listing date for Entero Healthcare Solutions Limited IPO is February 16, 2024.

What is the price/ price range for Entero Healthcare Solutions Limited IPO?

The price/ price range for Entero Healthcare Solutions Limited IPO is ₹1195 to ₹1258.

What is the minimum lot size for the Entero Healthcare Solutions Limited IPO?

The minimum lot size for Entero Healthcare Solutions Limited IPO is 11 shares.

What is the minimum investment required for retail investors in the Entero Healthcare Solutions Limited IPO?

The minimum investment required for retail investors in the Entero Healthcare Solutions Limited IPO is ₹13,838.

What type of IPO is the Entero Healthcare Solutions Limited IPO?

The type of Entero Healthcare Solutions Limited IPO is Mainline.

What is the total issue size of the Entero Healthcare Solutions Limited IPO?

The total issue size of Entero Healthcare Solutions Limited IPO is ₹1,600 Crore.

How many shares are being offered in the Entero Healthcare Solutions Limited IPO?

Total 1,27,18,600 shares are being offered in the Entero Healthcare Solutions Limited IPO.

What is the face value of Entero Healthcare Solutions Limited IPO share?

The face value of Entero Healthcare Solutions Limited IPO share is ₹10.

What is the market capitalization of the Entero Healthcare Solutions Limited IPO?

The market capitalization of the Entero Healthcare Solutions Limited IPO is ₹3021.21 Crore.

Who is the registrar for the Entero Healthcare Solutions Limited IPO?

The registrar for the Entero Healthcare Solutions Limited IPO is Link Intime India Private Ltd.

Where can I check the IPO Allotment status for Entero Healthcare Solutions Limited IPO?

You can check the IPO Allotment status for Entero Healthcare Solutions Limited IPO at https://linkintime.co.in/initial_offer/public-issues.html.

What is the email address and website of Entero Healthcare Solutions Limited IPO?

The email address of Entero Healthcare Solutions Limited IPO is jayant.prakash@enterohealthcare.com and website is https://www.enterohealthcare.com/.

What is the Entero Healthcare Solutions Limited IPO GMP (Grey Market Premium) as of 16-02-2024?

The latest GMP for Entero Healthcare Solutions Limited IPO is ₹2 as of 16-02-2024.