Earum Pharmaceuticals is engaged in the pharmaceutical business involving marketing, trading and distribution of wide range of pharmaceutical formulation products such as anti-biotic drugs, anti-malarial drugs, anti-allergic & anti cold drugs, analgesic/ anti-pyretic & anti inflammatory drugs, dermatology products, cerebral activator drugs, neurological drugs, gastro intestinal drugs, steroids, gynecology drugs, calcium, multivitamins, anti-oxidants and injections. As on date of Prospectus, the company offered around 125 pharmaceutical formulation products, of which around 24 products are marketed under its own brand name with manufacturing outsourced to third parties.
Apart from pharmaceutical formulation products, the company also deals in trading of active pharmaceutical ingredients (API’s) such as Levofloxacin Hemihdrate IP Albendazol IP, Amoxicillin Trihydrate IP etc.
Earum Pharmaceuticals IPO Review:
- Avoid
Earum Pharmaceuticals IPO Dates & Price Band:
- IPO Open: 21-June-2019
- IPO Close: 26-June-2019
- IPO Size: Approx ₹6.65 Crore
- Face Value: Rs. 10 Per Equity Share
- Price Band: Rs. 36 Per Equity Share
- Listing on: BSE SME
- Shares: 1,848,000
- Retail Portion: 50%
Earum Pharmaceuticals IPO Market Lot:
- Shares: Apply for 3,000 Shares (Minimum Lot Size)
- Amount: Rs. 1,08,000
Earum Pharmaceuticals IPO Allotment & Listing:
- Basis of Allotment: June-2019
- Refunds: June-2019
- Credit to demat accounts: June-2019
- Listing: June-2019
Financial Results:
| Rs. in Crore | |||||
| Revenue | Expenses | PAT | |||
| 2015 | - | - | - | ||
| 2016 | 18.63 | 18.47 | 0.10 | ||
| 2017 | 23.69 | 23.46 | 0.16 | ||
| 2018 | 35.85 | 34.61 | 0.86 | ||
| 2019 (9M) | 34.50 | 33.31 | 0.87 | ||
Earum Pharmaceuticals IPO Allotment Status:
Company Promoters:
- Mr Bhumishth Narendrabhai Patel
- Mrs Payal Bhumishth Patel
IPO Registrar:
Bigshare Services Private Limited
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072
Phone: +91 22 4043 0200
Fax: +91 22 2847 5201
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
IPO Lead Managers:
- Hem Securities Ltd
Company Address:
Earum Pharmaceuticals Limited
A-1106, Empire Business Hub
Nr. AUDA Water Tank, Science City Road, Sola
Ahmedabad 380060
Phone: +91 79 48402525
Email: cs@earumpharma.com
Website: www.earumpharma.com
Nice informatiom. Thanks for sharing. You may also check latest updates on Stocks like
ReplyDeletePM Modi stimulus package
economic stimulus package
Sterlite Technologies
Havells Q4 results
Nice informatiom. Thanks for sharing. You may also check latest updates on Stocks like
ReplyDeletePM Modi stimulus package
economic stimulus package
Sterlite Technologies
Havells Q4 results
I liked the way you explained the subject. Really, your blog has a lot of stuff. Thank you for sharing such valuable information with us. We also provide such information to Audience. You can also check our blog at once for more information.
ReplyDeleteRailTel IPO
S&P BSE IPO Index
Indian IPO market
IRCTC share price