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Dhruv Wellness IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 5.57 Cr. The company is based in Mumbai and caters to Pharmaceutical sector. Gretex Corporate Services is the merchant banker of Dhruv Wellness IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th August 2017.
Dhruv Wellness IPO open date is 31st August 2017 and close date is 4th September 2017. IPO Allotment Date is 30th November -0001 and Listing date is 12th September 2017.
IPO
Size:
₹ 5.57 Cr.
Avg IPO Size (Sector Based)
: ₹
21.99 cr.
Sector: Pharmaceutical
SME
IPO so far:
40
Merchant Banker:
Gretex Corporate
SME
IPO by BRLM so far:
52
City:
Mumbai
SME
IPO so far:
288
Revenue (annualised):
₹
101.94
cr. 
PE
Ratio:
52.00x
Average Sector PE Ratio: 20.74x
Dhruv Wellness IPO size is ₹ 5.57 Cr. with IPO price of ₹ 20.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Gretex Corporate Services Limited is the book-running lead manager of the Dhruv Wellness IPO. S.K. Infosolutions Private Limited is the Registrar and Market Maker is Nnm Securities Private Limited for Dhruv Wellness IPO.
Dhruv Wellness IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Dhruv Wellness IPO, based in Mumbai, operates in the Pharmaceutical sector with a focus on business of whole selling and distributorship of general pharmaceutical and cosmetic products. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Dhruv Wellness IPO size is ₹ 5.57 Cr. with fresh issue size of ₹ 6 and Offer for sale being ₹ Nil
The IPO allotment date for Dhruv Wellness IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Dhruv Wellness IPO allotment status on the registrars website, S.K. Infosolutions Private Limited . Dhruv Wellness IPO refund dates are 30th November -0001.
Dhruv Wellness IPO is expected to be listed on 12th September 2017.
The upper price band for the Dhruv Wellness IPO is set at ₹ 20.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Dhruv Wellness 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.
To apply for the Dhruv Wellness 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 4th September 2017. After submission, funds are blocked until the basis of allotment of Dhruv Wellness IPO is finalised.
The merchant banker for Dhruv Wellness IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Dhruv Wellness IPO RHP for further details.
The registrar for Dhruv Wellness IPO is S.K. Infosolutions Private Limited . Investors can go to S.K. Infosolutions Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Dhruv Wellness IPO through their official website or helpline.
Dhruv Wellness IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 5.57 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.99 Cr.
Sector: Pharmaceutical
SME
IPO so far:
40
Merchant Banker:
Gretex Corporate
SME
IPO by BRLM so far:
52
City:
Mumbai
SME
IPO so far:
288
Revenue (annualised):
₹ 101.92 cr.
PE
Ratio:
52.00x
Average Sector PE Ratio: 20.74x
Dhruv Wellness IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Dhruv Wellness Financial Review Page
Merchant Banker(s) of Dhruv Wellness IPO: Gretex Corporate Services Limited
Dhruv Wellness IPO subscription was 0.00 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.
Dhruv Wellness IPO listed at a listing price of 19.50 against the offer price of 20.00.
The current market price of Dhruv Wellness is 5.32.
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