IPO Date: 3 Jul - 5 Jul 2024
Listing Date: 10 Jul 2024
Price Range
960 to 1008
Issue Size
1952.03 Cr
Min Investment
₹13,440
Lot Size
14 Shares
Issue open date
3 Jul 2024
Issue close date
5 Jul 2024
UPI mandate deadline
5 Jul 2024 (5 PM)
Allotment finalization
8 Jul 2024
Share credit
9 Jul 2024
Listing date
10 Jul 2024
Mandate end date
20 Jul 2024
Funds Raised in the IPO | Amount |
---|---|
Overall | 1952.03 Cr |
Fresh Issue | 0 Cr |
Offer for Sale | 0 Cr |
Allotment Timeline | Details |
---|---|
Allotment Date | 8 Jul 2024 |
Allotment Link | {Link} |
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
Date | Ipo Price | GMP | Estimated Listing Price |
---|---|---|---|
10 Jul 2024 | ₹1008 | ₹300 | ₹1308 (29.76%) |
9 Jul 2024 | ₹1008 | ₹300 | ₹1308 (29.76%) |
8 Jul 2024 | ₹1008 | ₹365 | ₹1373 (36.21%) |
7 Jul 2024 | ₹1008 | ₹390 | ₹1398 (38.69%) |
6 Jul 2024 | ₹1008 | ₹390 | ₹1398 (38.69%) |
5 Jul 2024 | ₹1008 | ₹371 | ₹1379 (36.81%) |
4 Jul 2024 | ₹1008 | ₹335 | ₹1343 (33.23%) |
3 Jul 2024 | ₹1008 | ₹330 | ₹1338 (32.74%) |
2 Jul 2024 | ₹1008 | ₹299 | ₹1307 (29.66%) |
1 Jul 2024 | ₹1008 | ₹285 | ₹1293 (28.27%) |
30 Jun 2024 | ₹1008 | ₹264 | ₹1272 (26.19%) |
Issue Price | Listing Gain | Current Market Price | P/L |
---|---|---|---|
960 to 1008 | ₹ 14707 (34.84%) | ₹ 970.6 | -3.71% |
Incorporated in 1981, Emcure Pharmaceuticals Limited, an Indian pharmaceutical company, develops, manufactures, and globally markets a wide range of pharmaceutical products across several major therapeutic areas.The company has been ranked 13th in domestic sales among pharmaceutical companies in India for MAT September 2023 and 4th in market share in its covered markets for the same period. Additionally, it is the leading pharmaceutical company in gynaecology and HIV antiviral therapeutic areas for the MAT September 2023.In the six months ended September 30, 2023, and the Financial Year 2023, sales in India contributed 50.84% and 53.16% of the company's total revenue, respectively. The company's Domestic sales grew at a CAGR of 10.80% between September 2019 and September 2023, outperforming the Indian pharmaceutical market.As of September 30, 2023, Emcure Pharma employed 552 scientists and operated five research facilities in India. They filed over 1,800 documents globally, including 204 in the EU and 133 in Canada. They had 201 granted patents, 33 pending patent applications, and submitted 102 drug master files.Emcure Pharmaceuticals has 13 manufacturing facilities in India. These facilities can produce various pharmaceutical and biopharmaceutical products, including pills, liquids, injectables, and complex ingredients such as chiral molecules, iron molecules, and cytotoxic substances.As of September 30, 2023, the company's marketing and distribution network in India was supported by over 5,000 field personnel who regularly interacted with healthcare providers. The distribution network included over 5,000 stockists, served by 37 carry-and-forward agents.
Founded in | 1981 |
Managing director | |
Parent organization |
Category | Subscription (No. of times) |
---|---|
Qualified Institutional Buyers (QIBs) | 191.24 |
Non-Institutional Investors (NIIs) | 49.32 |
Retail Individual Investors (RIIs) | 7.36 |
Employee | 8.81 |
Total | 67.87 |