Mono Pharmacare Limited
LISTEDSME IPO · IPO Guide
Issue Price
₹26 – ₹28
Listed On
07 Sep 2023
Listing Price
₹29 (+3.57%)
Current Price LIVE
₹29
(+3.57%)
Lot Size Calculator
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,12,000 |
| Retail (Max) | 2 | 8,000 | ₹2,24,000 |
| S-HNI (Min) | 3 | 12,000 | ₹3,36,000 |
| S-HNI (Max) | 8 | 32,000 | ₹8,96,000 |
| B-HNI (Min) | 9 | 36,000 | ₹10,08,000 |
As per financials, Mono Pharmacare Limited has shown average results, RoNW is 7.67% and P/E is respectively 141.35 and 40.12 as per FY22 and FY23 earnings, so issue looks aggressively priced. Sudden rise in net-profit just before IPO is very surprising. Company is in business of marketing and distribution of pharmaceutical products, which is a highly fragmented and competitive segment. Performance of BRLM is good. So we are giving rating to this SME IPO. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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Disclaimer
No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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