247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Entero Healthcare Solutions Limited IPO (Entero Healthcare Solutions IPO) Details

Entero Healthcare Solutions Limited is an Healthcare based company, located in New Delhi, Entero Healthcare Solutions Limited IPO size was 1600.00 Cr. and was issued at 1258.00 per share. The share of Entero Healthcare Solutions Limited were listed at 1149.50 per share and are currently trading at 1334.70 per share.

Type :
Sub Sector : Healthcare Product Distributor In India
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
3797.96 Cr.

PAT :
23.28 Cr.

Pricing Report

Issue Price :
1258.00

Listing Price :
1149.50

Current Market Price :
1334.70

Issue Price vs CMP :
76.7 (6.10%)

listing Price vs CMP :
185.2 (16.11%)

Performance Report (CAGR* wise)

CAGR : 6.56
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Entero Healthcare Solutions

Company Information
Entero Healthcare Solutions Limited is among the top three healthcare products distributors in India in terms of revenue for the Financial Year 2022, reporting an operating income of '25,220.65 million (Source: CRISIL Report). It also achieved the fastest scale-up of operations in the healthcare products distribution sector in India, reaching '25,000 million of operating income within just four years of operation from Financial Year 2019 to Financial Year 2022 (Source: CRISIL Report). Founded in 2018 by Prabhat Agrawal, the Promoter, Managing Director, and CEO, and Prem Sethi, the Promoter, Whole-time Director, and COO, the company aims to create an organized, technology-driven, and integrated healthcare products distribution platform across India. The company adds value to healthcare product manufacturers by offering them widespread access to pharmacies,
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Object of Issue
  • Repayment/prepayment, in full or part, of certain borrowings availed of by the company and its Subsidiaries
  • Funding the long term working capital requirements
  • Pursuing inorganic growth initiatives through acquisitions
  • General Corporate Purposes

Entero Healthcare Solutions MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Feb, 2024
IPO Size :
1600.00 Cr.
Market Cap :
3021.21 Cr.   
IPO Subscription :
1.53 X     
PE Multiple :
9.84
Merchant Banker :
Dam Capital Advisors Limited (Formerly Idfc Securities Limited)
IPO Registrar:
Link Intime India Private Limited

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FAQs

Entero Healthcare Solutions operates in Healthcare and Healthcare Product Distributor In India. The Issue is listed on MainBoard in Feb, 2024. Entero Healthcare Solutions IPO size was 1600.00 Cr. with Issue price of 1258.00 .

Merchant Banker(s) of Entero Healthcare Solutions IPO: Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , ICICI Securities Limited , Jefferies India Private Limited , Jm Financial Limited

Entero Healthcare Solutions IPO subscription was 1.53 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Entero Healthcare Solutions IPO listed at a listing price of 1149.50 against the offer price of 1258.00.

The current market price of Entero Healthcare Solutions is 1334.70.

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