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    5. EMCURE

    Emcure Pharmaceuticals Limited

    CLOSED

    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

    View IPO Document

    Schedule of Emcure Pharmaceuticals Limited

    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

    Issue size

    Funds Raised in the IPOAmount
    Overall1952.03 Cr
    Fresh Issue0 Cr
    Offer for Sale0 Cr

    Allotment DetailsNew

    Allotment TimelineDetails
    Allotment Date8 Jul 2024
    Allotment Link{Link}

    Grey Market PremiumNew

    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.

    DateIpo PriceGMPEstimated 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%)

    Performance Emcure Pharmaceuticals Limited

    Issue PriceListing GainCurrent Market PriceP/L
    960 to 1008₹ 14707 (34.84%) ₹ 970.6-3.71%

    About Emcure Pharmaceuticals Limited

    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 in1981
    Managing director
    Parent organization

    Financial Overview

    Strengths

      Risks

        Subscription Figures

        CategorySubscription (No. of times)
        Qualified Institutional Buyers (QIBs)191.24
        Non-Institutional Investors (NIIs)49.32
        Retail Individual Investors (RIIs)7.36
        Employee8.81
        Total67.87