Upcoming IPO: Opportunity to Partner in a Healthcare Company for Just ₹15,000

Bhopal Samachar
It is said that people in India spend the most money on two categories: Education and Medicine. If you agree and want to capitalize on the future growth of the healthcare industry, you can become a partner in a company near Delhi, Faridabad, for just ₹15,000. This company has over 3000 employees and a revenue of ₹3306 crores.

About Entero Healthcare Solutions Limited

Entero Healthcare Solutions Limited was founded in 2018. Prabhat Agrawal, Prem Sethi, and OrbiMed Asia III Mauritius Limited are the promoters of this company. The company is a distributor of healthcare products. Through the company's tech platform, pharmacies, hospitals, and clinics get the facility to distribute their healthcare products. The company claims to have good relations with 1900 healthcare product manufacturers and was stocking 6400 products as of March 31, 2023.

The company has 73 warehouses in 37 cities in 19 states and union territories of India. As of March 31, 2023, its customer list included over 81,400 pharmacies and over 3,400 hospitals in 495 districts of India. The company has 3014 regular employees.

Entero Healthcare Solutions Limited Financial Information

  • The company's assets have increased from ₹833 crores to ₹1308 crores.
  • The company's revenue has increased from ₹1784 crores to ₹3306 crores.
  • Net Worth increased from ₹487 crores to ₹598 crores.
  • Bank loans and market borrowings on the company increased from ₹114 crores to ₹373 crores.
  • The company's Profit After Tax - Loss of ₹15 crores has come down to ₹11 crores.
All the above figures are for the financial year closing dates March 31, 2021 and March 31, 2023. They have been rounded off for easy understanding. The company claims that its revenue has increased by 30.84% and Profit After Tax by 62.28% in the last 1 year.

Entero Healthcare Solutions IPO open closing listing date

  • IPO open date is February 9, 2024.
  • The closing date of Entero Healthcare Solutions Limited's IPO is February 13, 2024.
  • Allotment will be received on Wednesday, February 14 and refunds on February 15.
  • Shares will be credited to the Demat account on February 15.
  • The listing date on the Mumbai Stock Exchange is February 16, 2024.

Entero Healthcare Solutions IPO shoe price lot size investment

  • Face Value ₹10 per share
  • Price Band ₹1195 to ₹1258 per share
  • Lot Size 11 Shares
  • Investment ₹13,838 to ₹193,732

Entero Healthcare Solutions IPO GMP Trend

  • The IPO price was opened by the company on February 6.
  • Gray market experts have not given any immediate reaction on this.
  • The gray market is neither positive nor negative in this case.
It is expected that some clear indication will be received from the gray market before the IPO opens.

Disclaimer: - Please consult your financial advisor before making any investment decision and always keep in mind that when you invest in the stock market, the entire risk is always yours only.
Please note that this is just a translation of the news article and not financial advice. It is important to do your own research and consult with a financial advisor before making any investment decisions.
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