The Mono Pharmacare IPO was open from 28 August 2023 to 30 August 2023. The IPO was a fixed-price issue with a total issue size of ₹14.84 crore. The IPO price was fixed at ₹28 per share, with a minimum lot size of 4,000 shares.
Mono Pharmacare Limited, established in 1994, is engaged in the marketing and distribution of pharmaceutical products. The company distributes products manufactured by various pharmaceutical companies and also works with contract manufacturers to manufacture pharmaceutical products based on formulations provided by the company.
The company’s products are marketed under the DLS Export brand. At the time of the IPO, Mono Pharmacare’s business operations were primarily concentrated in the western region of Gujarat, particularly in Ahmedabad.
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Mono Pharmacare IPO Date, Details & Price Band
| IPO Opening Date | 28 August 2023 |
| IPO Closing Date | 30 August 2023 |
| IPO Price | ₹28 per share |
| IPO Price Band | ₹26 to ₹28 per share |
| Fresh Issue | ₹14.84 crore |
| Total IPO Size | ₹14.84 crore |
| Minimum Bid / Lot Size | 4,000 Shares |
| Face Value | ₹10 per share |
| Listing | NSE SME |
Mono Pharmacare IPO Market Lot
The Mono Pharmacare IPO market lot consisted of 4,000 shares. At the upper price of ₹28 per share, the minimum investment required for one lot was ₹1,12,000.
| Category | Lots | Shares | Amount |
| Minimum | 1 | 4,000 | ₹1,12,000 |
| Maximum | 1 | 4,000 | ₹1,12,000 |
| S-HNI (Minimum) | 2 | 8,000 | ₹2,24,000 |
Mono Pharmacare IPO GMP – Grey Market Premium
The Mono Pharmacare IPO GMP was a grey-market indicator available around the IPO period. GMP is not an official indicator of an IPO’s listing price and can change based on market sentiment and demand.
For historical IPO information, you can check our IPO Grey Market Premium (GMP) page.
Mono Pharmacare IPO Prospectus
| Document | Link |
| Mono Pharmacare IPO DRHP | Download DRHP |
Mono Pharmacare IPO Form Download
The Mono Pharmacare IPO application form was available through the applicable ASBA channels during the IPO period. For IPO application forms and related resources, visit our IPO Application Form & ASBA Form page.
Mono Pharmacare IPO Allotment Date & Details
The Mono Pharmacare IPO allotment was scheduled after the IPO closed on 30 August 2023. The key IPO timeline was as follows:
| IPO Allotment Date | 4 September 2023 |
| Initiation of Refunds | 5 September 2023 |
| Shares Credited to Demat Accounts | 6 September 2023 |
| IPO Listing Date | 7 September 2023 |
| Registrar for Allotment | Bigshare Services |
Investors could check their Mono Pharmacare IPO allotment status through the IPO registrar’s website.
Check Mono Pharmacare IPO Allotment Status
Registrar of Mono Pharmacare IPO
Bigshare Services Private Limited
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri East, Mumbai – 400093,
Maharashtra, India
Telephone: 022-6263 8200
Email: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
SEBI Registration Number: INR000001385
CIN: U99999MH1994PTC076534
Mono Pharmacare Contact Details
Mono Pharmacare Limited
1A, Krinkal Apartment,
Opp. Mahalaxmi Temple, Paldi,
Ahmedabad – 380007
Phone: +91 99780 41356
Email: cs@monopharmacareltd.com
Website: monopharmacareltd.com
Mono Pharmacare IPO Lead Manager
Unistone Capital Private Limited
A/305, Dynasty Business Park,
Andheri Kurla Road, Andheri East,
Mumbai – 400059, Maharashtra, India
Telephone: +91 98200 57533
Email: mb@unistonecapital.com
Investor Grievance Email: compliance@unistonecapital.com
Contact Person: Brijesh Parekh
SEBI Registration Number: INM000012449
CIN: U65999MH2019PTC330850
Mono Pharmacare IPO – Key Highlights
The Mono Pharmacare IPO was an SME IPO with an issue size of ₹14.84 crore. The IPO price was fixed at ₹28 per share, and investors could bid for a minimum of 4,000 shares. The company was listed on the NSE SME platform on 7 September 2023.
This page contains historical information about the Mono Pharmacare IPO, including its IPO dates, price, lot size, GMP information, prospectus, allotment timeline, registrar details and lead manager information.