Mono Pharmacare Ltd - IPO

Mono Pharmacare Ltd IPO Details

Initial public issue of 53,00,000 equity shares of face value of Rs. 10 each (Equity Shares) of Mono Pharmacare Limited (Company) for cash at a price of Rs. 28 per equity share (including a share premium of Rs. 18 per equity share) (Issue Price) aggregating up to Rs. 14.84 crores of which up to 2,76,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 28 per equity share including a share premium of 18 per equity share aggregating to Rs. 0.77 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 50,24,000 equity shares of face value of Rs. 10 each at a price of Rs. 28 per equity share aggregating to Rs. 14.07 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 30.00% and 28.43% respectively of the post issue paid up equity share capital of the company.The face value of equity shares is Rs. 10 each. The issue price is 2.8 times the face value of the equity shares.

Objective of issue

To meet the working capital requirements. General corporate purposes.

Mono Pharmacare Ltd Contact Details

Mono Pharmacare Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@monopharmacareltd.com

Website - www.monopharmacareltd.com