The Entero Healthcare IPO commenced on February 9, 2024, and concluded on February 13, 2024. The allotment of shares took place on February 14, 2024, and the initiation of refunds began on February 15, 2024. The shares were credited to the demat accounts of investors on February 15, 2024. Finally, the listing of Entero Healthcare on the stock exchange occurred on February 16, 2024.
The Entero Healthcare IPO was priced at ₹1195 to ₹1258 per share, with a lot size of 11 shares. The total issue size was ₹1600 crores, comprising a fresh issue of ₹1000 crores and an offer for sale of ₹600 crores. The IPO was listed on both the NSE and BSE.
Entero Healthcare IPO Basic Details
| Company Name | Entero Healthcare Solutions Limited |
| Domain of Company | Provide Healthcare Solutions |
| Entero Healthcare IPO GMP Today | ₹5 |
| Entero Healthcare IPO Listing Gain | 0.40% |
| Entero Healthcare IPO Open Date | February 9, 2024 |
| Entero Healthcare IPO Close Date | February 13, 2024 |
| Entero Healthcare IPO Allotment Date | February 14, 2024 |
| Entero Healthcare IPO Listing Date | February 16, 2024 |
| Face Value | ₹10 per share |
| Price | ₹1195 to ₹1258 per share |
| Lot Size | 11 Shares |
| Issue Size | 12,718,600 shares of ₹10 (aggregating up to ₹1,600.00 Cr) |
| Fresh Issue | 7,949,125 shares of ₹10 (aggregating up to ₹1,000.00 Cr) |
| Offer for Sale | 4,769,475 shares of ₹10 (aggregating up to ₹600.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Company Promoters | Prabhat Agrawal, Prem Sethi, and OrbiMed Asia III Mauritius Limited |
Entero Healthcare IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹5 | 0.40% | – | – |
| 10 February 2024 | ₹5 | 0.40% | – | – |
| 9 February 2024 | ₹5 | 0.40% | – | – |
Entero Healthcare Solutions IPO Details:
Established in 2018, Entero Healthcare Solutions Limited is a leading distributor of healthcare products across India. Our tech-driven platform ensures seamless distribution services to pharmacies, hospitals, and clinics nationwide.
Over the fiscal years 2021, 2022, and 2023, we’ve proudly served an increasing number of customers. In 2021, we reached 39,500 retail customers, which surged to 64,200 in 2022, and further climbed to 81,400 by 2023. Our services extended to hospitals as well, catering to 1,600, 2,500, and 3,400 hospital customers during the respective years.
With strong partnerships with more than 1,900 healthcare product manufacturers, we offer access to an extensive range of over 64,500 product variations as of March 31, 2023.
Entero Healthcare Solutions operates 73 warehouses spread across 37 cities within 19 states and union territories. Our extensive reach encompasses over 81,400 pharmacies and 3,400 hospitals across 495 districts, facilitating seamless connections with healthcare product manufacturers.
As of March 31, 2023, our dedicated team comprises 3,014 employees across various departments, ensuring smooth operations and exceptional service delivery.
Entero Healthcare IPO More Details Click Here
Entero Healthcare IPO FAQs
When is Entero Healthcare IPO open?
Entero Healthcare IPO will open on 9 February 2024.
When is Entero Healthcare IPO Close?
Entero Healthcare IPO will be closed on 13 February 2024.
What is Entero Healthcare IPO GMP Today?
The Entero Healthcare IPO GMP aka Grey Market Premium is ₹5.
What is Entero Healthcare IPO Kostak Rates Today?
The Entero Healthcare IPO Kostak Rate is ₹000.
What is Entero Healthcare IPO Subject to Sauda Price Today?
The Entero Healthcare IPO subject to sauda rates is ₹000.
Entero Healthcare IPO Expected Returns?
The Entero Healthcare expected return is 0.40%.
How much will be the listing gain in Entero Healthcare IPO?
Entero Healthcare IPO will get listing gain of 0.40%. (Approx.)
