114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5174.44 Crs.  Total funds raised in 2,025.00

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

Medplus Health Services IPO (Medplus Health Services Limited IPO) Detail

Medplus Health Services IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1398.30 Cr. The company is based in Hyderabad and caters to Pharmaceutical sector. Axis Capital , Credit Suisse Securities (India) , Edelweiss Financial Services , Nomura Financial Advisory And Securities (India) are the merchant bankers of Medplus Health Services IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th August 2021.

Medplus Health Services IPO open date is 13th December 2021 and close date is 15th December 2021. IPO Allotment Date is 20th December 2021 and Listing date is 23rd December 2021.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

Medplus Health Services IPO Date

Date of DRHP:
16th August 2021
IPO Open Date:
13th December 2021
IPO Close Date:
15th December 2021
IPO Allotment Date:
20th December 2021
Initiation of Refund:
21st December 2021
IPO Listing Date:
23rd December 2021

Medplus Health IPO Info, Size, Subscription

Medplus Health Services IPO size is ₹ 1398.30 Cr. with IPO price of ₹ 796.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 1,398.30 Cr.

Issue Price:
₹ 796.00

Market Capitalisation :
₹ 0.00 Cr.

PE multiple :
71.52

Subscription :
52.59 times

Pre Issue Promoter Holding :
43.16 %

Post Issue Promoter Holding :
40.43 %

Medplus Health Services IPO Information

Sub Sector : pharmacy retailer
Medplus Health Services Limited is the second-largest pharmacy retailer in India, in terms of (i) revenue from operations for the financial year 2021, and (ii) number of stores as of March 31, 2021, according to the Technopak Report. It offers a wide range of products, including (i) pharmaceutical and wellness products such as medicines, vitamins, medical devices, and test kits, and (ii) fast-moving consumer goods, including home and personal care products such as toiletries, baby care products, soaps and detergents, and sanitizers. The company was founded in 2006 by Gangadi Madhukar Reddy, the Managing Director and Chief Executive Officer, with the vision to set up a trusted pharmacy retail brand offering genuine medicines and delivering better value to customers by reducing inefficiencies in the supply
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Object of Issue (Medplus Health IPO Objectives)

  • Funding working capital requirement of subsidiary, Optival
  • General corpoarte purposes

Axis Capital Limited is the book-running lead manager of the Medplus Health Services IPO. Kfin Technologies Limited is the Registrar for Medplus Health Services IPO.

Medplus Health Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Medplus Health Services IPO?

Medplus Health Services IPO, based in Hyderabad, operates in the   Pharmaceutical sector with a focus on pharmacy retailer. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Medplus Health Services IPO size is ₹ 1398.30 Cr. with fresh issue size of ₹ 600 and Offer for sale being ₹ 798.30 Cr.

When is Medplus Health IPO allotment?

The IPO allotment date for Medplus Health Services IPO is expected to be 20th December 2021, after the finalization of basis of allotment. Investors can check Medplus Health Services IPO allotment status on the registrars website, Kfin Technologies Limited . Medplus Health Services IPO refund dates are 21st December 2021.

When is Medplus Health Services IPO listing date?

Medplus Health Services IPO is expected to be listed on 23rd December 2021.

What is the price band for Medplus Health IPO?

The upper price band for the Medplus Health Services IPO is set at ₹ 796.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Medplus Health Services IPO Review?

For IPO analysis on Medplus Health Services IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Medplus Health Services IPO?

To apply for the Medplus Health Services IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 15th December 2021. After submission, funds are blocked until the basis of allotment of Medplus Health Services IPO is finalised.

Who is the merchant banker of Medplus Health IPO?

The merchant banker for Medplus Health Services IPO is Axis Capital Limited , Credit Suisse Securities (India) Private Limited , Edelweiss Financial Services Limited , Nomura Financial Advisory And Securities (India) Private Limited . Axis Capital Limited , Credit Suisse Securities (India) Private Limited , Edelweiss Financial Services Limited , Nomura Financial Advisory And Securities (India) Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Medplus Health Services IPO RHP for further details.

Who is the Registrar of Medplus Health Services IPO?

The registrar for Medplus Health Services IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Medplus Health Services IPO through their official website or helpline.

What is the Medplus Health Services IPO subscription?

Medplus Health Services IPO was subscribed 52.59 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Medplus Health Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Medplus Health Services Financial Review Page

Medplus Health Services IPO subscription was 52.59 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Medplus Health Services IPO listed at a listing price of 1120.85 against the offer price of 796.00.

The current market price of Medplus Health Services is 900.40.

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