Entero Healthcare Solutions Limited IPO

Entero Healthcare Solutions Limited IPO

Entero Healthcare Solutions Limited Incorporated in 2018, Entero Healthcare Solutions Limited is a distributor of healthcare products in India. The company’s technology-driven platform provides healthcare product distribution services to pharmacies, hospitals, and clinics throughout India.

During the fiscal years 2021, 2022, and 2023, the company served over 39,500, 64,200, and 81,400 retail customers, respectively. Additionally, they also served over 1,600, 2,500, and 3,400 hospital customers during the same period.

Entero Healthcare Solutions has relationships with over 1,900 healthcare product manufacturers, giving them access to over 64,500 product stock-keeping units as of March 31, 2023.

The company has 73 warehouses in 37 cities across 19 states and union territories, and its customer base includes over 81,400 pharmacies and 3,400 hospitals in 495 districts as of March 31, 2023. This provides excellent access to healthcare product manufacturers.

Entero Healthcare Solutions Limited IPO Timetable

IPO Open Date09 Feb 2024
IPO Close Date13 Feb 2024
Allotment Date14 Feb 2024
IPO Listing Date16 Feb 2024

Entero Healthcare Solutions Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 10 Per Equity Share
IPO PriceRs. 1195 to Rs. 1258 Per Equity Share
Market Lot11 Share
Listing AtNSE & BSE
Issue SizeApprox. Rs. 1600 Crore.

Entero Healthcare Solutions Limited IPO Lot Size

Minimum111Rs. 13838
Maximum14154Rs. 193732
Small HNI (Minimum)15165Rs. 207570
Big HNI (Minimum)73803Rs. 1010174

Entero Healthcare Solutions Limited IPO Allotment Status & IPO forms

Click Here To Check IPO Allotment Status Entero Healthcare Solutions Limited IPO

Click Here To Get ASBA Forms Entero Healthcare Solutions Limited IPO

Company Financials:

Particular31 March 202331 March 202231 March 2021
Total Assets1308.731125.98833.79
Total Revenue3305.722526.551783.67
Profit After Tax-11.10-29.44-15.35
for accurate figures follow the company financials.

Company Promoters:

The promoters of the company are Prabhat Agrawal, Prem Sethi, and OrbiMed Asia III Mauritius Limited.

Purpose of the 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.

Registrar & Company Details

Company Contact InformationIPO Registrar
Entero Healthcare Solutions Limited

Plot No. I-35, Building – B
Industrial Area Phase – I
13/7 Mathura Road, Faridabad 121 003
Phone: +91 22-69019100
Email: jayant.prakash@enterohealthcare.com
Website: https://www.enterohealthcare.com
Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: enterohealthcare.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

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