74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Entero Healthcare Solutions IPO (Entero Healthcare Solutions Limited IPO) Detail

Entero Healthcare Solutions IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1600.00 Cr. The company is based in New Delhi and caters to Healthcare sector. Dam Capital Advisors (Formerly Idfc Securities ) , ICICI Securities , Jefferies India , Jm Financial are the merchant bankers of Entero Healthcare Solutions IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th November -0001.

Entero Healthcare Solutions IPO open date is 9th February 2024 and close date is 13th February 2024. IPO Allotment Date is 14th February 2024 and Listing date is 16th February 2024.

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

IPO Key Highlights

  • IPO Size: ₹ 1600.00 Cr. Avg IPO Size (Sector Based) : ₹ 978.00 cr.
  • Sector: Healthcare IPO so far: 28
  • Merchant Banker: Dam Capital IPO by BRLM so far: 53
  • City: New Delhi IPO so far: 123
  • Revenue (annualised): ₹ 3797.96 cr.
            PAT: (annualised): ₹ 23.28 cr. Read Financial Information >>
  • PE Ratio: 9.84x Average Sector PE Ratio: 27.92x

Entero Healthcare Solutions IPO Date

Date of DRHP:
30th November -0001
IPO Open Date:
9th February 2024
IPO Close Date:
13th February 2024
IPO Allotment Date:
14th February 2024
Initiation of Refund:
15th February 2024
IPO Listing Date:
16th February 2024

Entero Healthcare IPO Info, Size, Subscription

Entero Healthcare Solutions IPO size is ₹ 1600.00 Cr. with IPO price of ₹ 1258.00. 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 :
₹ 1600.00 Cr.

Issue Price:
₹ 1258.00

Market Capitalisation :
₹ 3021.21 Cr.

PE multiple :
9.84

Subscription :
1.53 times

Pre Issue Promoter Holding :
77.11 %

Post Issue Promoter Holding :
0.00 %

Entero Healthcare Solutions IPO Information

Sub Sector : healthcare product distributor in India
Entero Healthcare Solutions Limited is among the top three healthcare products distributors in India in terms of revenue for the Financial Year 2022, reporting an operating income of '25,220.65 million (Source: CRISIL Report). It also achieved the fastest scale-up of operations in the healthcare products distribution sector in India, reaching '25,000 million of operating income within just four years of operation from Financial Year 2019 to Financial Year 2022 (Source: CRISIL Report). Founded in 2018 by Prabhat Agrawal, the Promoter, Managing Director, and CEO, and Prem Sethi, the Promoter, Whole-time Director, and COO, the company aims to create an organized, technology-driven, and integrated healthcare products distribution platform across India. The company adds value to healthcare product manufacturers by offering them widespread access to pharmacies,
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Object of Issue (Entero Healthcare IPO Objectives)

  • Repayment/prepayment, in full or part, of certain borrowings availed of by the company and its Subsidiaries
  • Funding the long term working capital requirements
  • Pursuing inorganic growth initiatives through acquisitions
  • General Corporate Purposes

Dam Capital Advisors Limited (Formerly Idfc Securities Limited) is the book-running lead manager of the Entero Healthcare Solutions IPO. Link Intime India Private Limited is the Registrar for Entero Healthcare Solutions IPO.

Entero Healthcare Solutions IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Entero Healthcare Solutions IPO?

Entero Healthcare Solutions IPO, based in New Delhi, operates in the   Healthcare sector with a focus on healthcare product distributor in India. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Entero Healthcare Solutions IPO size is ₹ 1600.00 Cr. with fresh issue size of ₹ 1000.00 Cr. and Offer for sale being ₹ 600.00Cr.

When is Entero Healthcare IPO allotment?

The IPO allotment date for Entero Healthcare Solutions IPO is expected to be 14th February 2024, after the finalization of basis of allotment. Investors can check Entero Healthcare Solutions IPO allotment status on the registrars website, Link Intime India Private Limited . Entero Healthcare Solutions IPO refund dates are 15th February 2024.

When is Entero Healthcare Solutions IPO listing date?

Entero Healthcare Solutions IPO is expected to be listed on 16th February 2024.

What is the price band for Entero Healthcare IPO?

The upper price band for the Entero Healthcare Solutions IPO is set at ₹ 1258.00 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 Entero Healthcare Solutions IPO Review?

For IPO analysis on Entero Healthcare Solutions 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 Entero Healthcare Solutions IPO?

To apply for the Entero Healthcare Solutions 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 13th February 2024. After submission, funds are blocked until the basis of allotment of Entero Healthcare Solutions IPO is finalised.

Who is the merchant banker of Entero Healthcare IPO?

The merchant banker for Entero Healthcare Solutions IPO is Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , ICICI Securities Limited , Jefferies India Private Limited , Jm Financial Limited . Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , ICICI Securities Limited , Jefferies India Private Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Entero Healthcare Solutions IPO RHP for further details.

Who is the Registrar of Entero Healthcare Solutions IPO?

The registrar for Entero Healthcare Solutions IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Entero Healthcare Solutions IPO through their official website or helpline.

What is the Entero Healthcare Solutions IPO subscription?

Entero Healthcare Solutions IPO was subscribed 1.53 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

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

Entero Healthcare Solutions IPO subscription was 1.53 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.

Entero Healthcare Solutions IPO listed at a listing price of 1149.50 against the offer price of 1258.00.

The current market price of Entero Healthcare Solutions is 1197.60.

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