Medplus Health Services Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹780-796
- Lot size
- 18 shares
- Issue amount
- ₹1,398.3 cr
- Total subscription
- 0×
- Opens
- 13 Dec 2021
- Closes
- 15 Dec 2021
- Allotment
- 20 Dec 2021
- Listing
- 23 Dec 2021
Offer at a glance
Issue overview
- Issue size
- 1,75,73,342 shares
- Face value
- ₹2 per share
- Minimum investment
- ₹14,040
- Fresh issue
- ₹600 cr
- Offer for sale
- ₹798.3 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,328
- Issue type
- Bookbuilding IPO
- Shares before issue
- 11,17,61,165
- Shares after issue
- 11,93,05,676
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 18 | ₹14,328 |
| HNI | 14 | 252 | ₹2,00,592 |
| bHNI | 70 | 1,260 | ₹10,02,960 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Medplus Health Services, incorporated in 2006, is India’s second-largest pharmacy retailer by store count and revenue, offering pharmaceutical and wellness products, including medicines, vitamins, medical devices, test kits, and FMCG items such as personal care, baby care, and hygiene products. It is the first pharmacy retailer in India to provide an omnichannel platform, allowing customers to purchase via stores, telephone, online, and Click and Pick services. As of June 30, 2021, Medplus operates 2,165 stores across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, and Maharashtra, with a cluster-based expansion strategy targeting high-density residential areas. Its warehouses are strategically located in Bengaluru, Chennai, Hyderabad, Vijayawada, Kolkata, Pune, Bhubaneswar, Mumbai, and Nagpur, supporting efficient distribution and operations.
Strengths
- Leading Pharmacy Retailer: Second largest pharmacy retail company in India.
- Strong Brand & Value: Well-recognized brand with a compelling customer value proposition.
- Extensive Store Network: Over 2,000 outlets across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, and Maharashtra.
- Omni-Channel Platform: First pharmacy retailer in India to provide an integrated online and offline platform.
- Experienced Management: Highly qualified and professional leadership team.
Promoters
Gangadi Madhukar Reddy
Lone Furrow Investments Private Limited
Agilemed Investments Private Limited
Registrar & documents
Lead manager
Axis Capital Limited, Credit Suisse Securities (India) Private Limited, Edelweiss Financial Services Limited, Nomura Financial Advisory And Securities (India) Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
707, 7th Floor, 5-9-13, Taramandal Commercial Complex, Saifabad Hyderabad 500 004
+91 040 6724 6724
[email protected]Company website ↗Understanding MEDPLUS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.