MedPlus Health Services IPO Details


When Dr. Madhukar Gangadi came across a WHO report indicating that up to 30% of the fake medicines sold across the world came from India, he decided to study the Indian pharma retail market and sensed an opportunity to make a difference. He envisioned a company that would source all its medicines from reliable, big name suppliers, store medicines in optimal conditions to ensure their efficacy and take the risk out of buying medicines, give customers convenience to buy their medicines and value for their money. The result was MedPlus. The first MedPlus pharmacy store opened in February 2006 in Hyderabad and over the last decade has grown into the second largest pharmacy retail chain in the country with over 1500+ pharmacies throughout India. Medplus today serves over 3,50,000 customers daily and employs over 10,000 people.





    MedPlus Health Services IPO Date, Price & Offer Details

    MedPlus Health Services IPO will be open on - and will close on -. The following table provides all the information related to MedPlus Health Services IPO including the date, price and offer details of MedPlus Health Services IPO

    MedPlus Health Services IPO Details
    Issue Open 13-12-2021
    Issue Close 15-12-2021
    Allotment Date 20-12-2021
    Unblocked Amount 21-12-2021
    Credit Demat Amount 22-12-2021
    Listing Date 23-12-2021
    Issue Size
    - Total Equity Share
    - Fresh Issue Equity Share
    - OFS Equity Share
    Issue Size ₹ 1397.81 Cr
    ₹ 600 Cr Fresh
    ₹ 798.30 Cr OFS
    IPO Price Band ₹780 to ₹796 Per Equity Share
    Minimum Share Bid 18
    Minimum Investment Amount [₹]  ₹14,328
    Face Value ₹ 2 Per Equity Share
    Qualified Institutional Buyer [QIB] 50 %
    High Networth Individual [HNI] 15 %
    Retail Individual Investor [RII] 35 %
    Listing On BSE & NSE

    MedPlus Health Services Company Financial Report (₹ in Cr)

    As per we are checking MedPlus Health Services company financials report and we are displaying report data as shown in below table.

    MedPlus Health Services Company Financial Report (₹ in Cr)
    Financial Year Total Asset Total Revenue Total Expenses Profit After Tax
    FY-2019 958.711 2284.940 2262.189 11.922
    FY-2020 1348.696 2887.887 2858.528 1.794
    FY-2021 1565.658 3090.814 2995.716 63.111
    - - - - -
    Read More :- MedPlus Health Services IPO GMP

    MedPlus Health Services Company Valuation Details

    As per we check MedPlus Health Services company financials report and we display company valuation report data as shown in below table

    MedPlus Health Services Company Valuation Details
    Earnings Per Share [EPS] ₹ 6.13
    Price/Earnings [P/E] Ratio -
    Return on Net Worth [RoNW] 8.74 %
    Net Asset Value [NAV] ₹ 65.37 Per Share

    MedPlus Health Services IPO Rating

    As per MedPlus Health Services company financials report, MedPlus Health Services has shown good growth for last FY21 year. MedPlus Health Services company RoNW is 8.74% and NAV is around 65.37 as per FY21 earning. MedPlus Health Services company IPO looks aggressively priced. MedPlus Health Services company fundamentals are very strong, that's why the LiveIPO team are recommended for "Apply" rating MedPlus Health Services IPO.

    MedPlus Health Services IPO Rating
    LiveIPO Apply
    Hem Security -
    Read More :- MedPlus Health Services IPO Allotment Status

    MedPlus Health Services IPO Share Lot Size

    The share price of MedPlus Health Services IPO is ₹-. So in MedPlus Health Services IPO Minimum share lot is 1 lot with a - share with an application amount of ₹-. And in retail category you can apply for a Maximum share lot is - lot with a - share with an application amount of ₹-.

    MedPlus Health Services IPO Share Lot Size
    Apllication Lot Size Shares Total Amount
    Minimum 1 18 ₹14,328
    Maximum 13 234 ₹1,86,264
    Read More :- Investment Call

    MedPlus Health Services IPO Share Offer

    A total number of - shares have been offered in this public issue of MedPlus Health Services Ipo, out of this total share - shares have been allotted for Fresh Issue and another - shares are to be offered for (OFS) offer for sale.

    MedPlus Health Services IPO Share Offer
    Category Share Offer Amount
    Fresh Issue: - ₹798.30 Cr
    Offer For Sale: - ₹600 Cr
    Total: - ₹1398.30 Cr
    Read More :- Upcoming IPO List

    MedPlus Health Services IPO Related Link
    MedPlus Health Services IPO GMP
    MedPlus Health Services IPO Subscription
    MedPlus Health Services IPO Allotment Status

    MedPlus Health Services IPO Subscription Details

    MedPlus Health Services Company has been issued total - shares through this IPO, a total - shares have been reserved for market movers for subscriptions as per the prospect report, and a total of - shares have been offered in QIB category and a total of - shares have been offered in RII.

    MedPlus Health Services IPO Subscription Details
    As on Date QIB NII RII EMP Total
    Shared Offered 35,72,550 26,79,414 62,51,965 71,225 1,25,75,154
    Day-1
    [13/12/2021]
    2,27,196
    [0.06]
    4,35,258
    [0.16]
    80,45,964
    [1.29]
    54,180
    [0.76]
    87,62,598
    [0.7]
    Day-2
    [14/12/2021]
    3,15,450
    [0.09]
    13,51,026
    [0.5]
    1,65,18,906
    [2.64]
    1,23,552
    [1.73]
    1,83,08,934
    [1.46]
    Day-3
    [15/12/2021]
    39,97,61,316
    [111.9]
    22,86,43,524
    [85.33]
    3,27,44,898
    [5.24]
    2,17,530
    [3.05]
    66,13,67,268
    [52.59]

    MedPlus Health Services IPO Listing Details

    MedPlus Health Services IPO has been listed on 23-12-2021. On the below table we are providing all the listing details with target price and stop loss.

    MedPlus Health Services IPO Listing Details
    Listing Date 23-12-2021
    BSE Code 543427
    NSE Code MEDPLUS
    ISIN Code INE804L01022
    IPO Price ₹780 to ₹796 Per Equity Share
    Lot Size 18
    Expected Listing Price ₹ 890 - ₹ 930
    Book Profit ₹ 995
    Stop Loss ₹ 840
    Listing Group B
    - -

    MedPlus Health Services IPO GMP, Grey Market Premium

    In the below table we are providing the latest rate of MedPlus Health Services IPO GMP, Kostak Rate, Subject to Sauda, Listing Gain and Rating of this MedPlus Health Services IPO.

    MedPlus Health Services IPO Grey Market Premium
    MedPlus Health Services IPO Grey Market Premium

    MedPlus Health Services IPO Allotment Status

    MedPlus Health Services IPO Allotment will be available on below link so click on below link and check your MedPlus Health Services IPO Allotment Status.

    MedPlus Health Services IPO Allotment Status
    MedPlus Health Services IPO Allotment Status
      MedPlus Health Services IPO Live Subscription
    MedPlus Health Services IPO Subscription in BSE
    MedPlus Health Services IPO Subscription in NSE
    MedPlus Health Services IPO Prospectus
    MedPlus Health Services IPO DRHP
    MedPlus Health Services IPO RHP

    MedPlus Health Services Company Contact Details

    MedPlus Health Services Ltd
    Municipal No: 11-6-56,
    Survey No. 257 & 258/1,
    C Block, III Floor,
    Opp: Railway Siding (Moosapet),
    Kukatpally, Hyderabad 500 037,
    Telangana, India;
    Tel:-+91 040 6724 6724;
    Corporate Identity Number: U85110TG2006PLC051845

    MedPlus Health Services IPO Registrar

    KFin Technologies Private Limited
    Selenium, Tower B, Plot No- 31 and 32,
    Financial District, Nanakramguda,
    Serilingampally, Hyderabad, Rangareedi 500 032,
    Telangana, India
    Tel: +91 40 6716 2222/ 180034 54001
    Investor grievance e-mail: einward.ris@kfintech.com
    Contact person: M Murali Krishna
    SEBI Registration No.: INR000000221

    MedPlus Health Services IPO Lead Managers

    Axis Capital Limited
    Credit Suisse Securities (India) Private Limited
    Edelweiss Financial Services Limited
    Nomura Financial Advisory and Securities (India) Private Limited

    MedPlus Health Services IPO FAQs

    What is the MedPlus Health Services IPO?
    MedPlus Health Services IPO is the Main Board IPO of - equity shares of the face value of ₹2 aggregating up to ₹1398.30 Crores. The issue is priced at ₹780 to ₹796 per equity share. The minimum order quantity is 18 Shares.

    Who is the registrar company of MedPlus Health Services IPO?
    KFin Technologies Private Limited is the registrar company of MedPlus Health Services IPO.

    When is the MedPlus Health Services IPO Opening date?
    The MedPlus Health Services IPO Opening on 13-12-2021

    When is the MedPlus Health Services IPO Closing date?
    The MedPlus Health Services IPO Closing on 15-12-2021

    When is the MedPlus Health Services IPO allotment date?
    The MedPlus Health Services IPO Allotment will be done on 20-12-2021

    MedPlus Health Services IPO Allotment Status

    On what date will the MedPlus Health Services IPO amount be refunded?
    MedPlus Health Services IPO will refund the amount on 21-12-2021

    On which date MedPlus Health Services IPO Shares will be credited to the demat account?
    The MedPlus Health Services IPO Shares will be credited to your demat account on 22-12-2021.

    When is the MedPlus Health Services IPO listing date?
    The MedPlus Health Services IPO listing date is on 23-12-2021.

    What is the MedPlus Health Services IPO Price Band?
    MedPlus Health Services IPO Price Band is ₹780 to ₹796  per equity share.

    What is the lot size of the MedPlus Health Services IPO?
    MedPlus Health Services IPO the minimum bid is 1 Shares with ₹14,328 amount and maximum bid is 234 shares with ₹1,86,264.

    What is the expected MedPlus Health Services IPO Listing Price?
    As Per Grey Market Premium (GMP) and Market view we are expected to listing MedPlus Health Services IPO is around ₹ 890 to ₹ 930

    What is the MedPlus Health Services IPO Expected Returns?
    As per Grey Market Premium (GMP), MedPlus Health Services IPO Expected Returns is -% .

    What is the NSE and BSE Code for the MedPlus Health Services IPO?
    The MedPlus Health Services IPO NSE Code is MEDPLUS and the BSE Code is 543427.

    What is the stop loss in the MedPlus Health Services IPO?
    If the MedPlus Health Services IPO goes below 995 then sell the MedPlus Health Services IPO.

    What will i do in MedPlus Health Services IPO?
    If the MedPlus Health Services IPO listing above 840 then sell the MedPlus Health Services IPO and book profit.

    How to check MedPlus Health Services IPO Allotment Status?
    Below we are provide all the step how to check MedPlus Health Services IPO allotment online

    • Go to the MedPlus Health Services IPO Allotment Status Link
    • Click on Click Here button
    • Select MedPlus Health Services IPO
    • Enter your details (PAN Number, Application Number, DP Client ID)
    • Click Search Button
    • After Click on Search button you will be able to see allotment status
    • How to Apply the MedPlus Health Services IPO?
    • You can apply for theMedPlus Health Services IPO using ASBA online through your internet banking.
    • You can also apply for the MedPlus Health Services IPO via your stock brokers’ office by filling up the offline application form and submitting  it to your Bank.

    Disclaimer:-

    • I request all investors, before applying for any IPO, please check the fundamentals and financial condition of the company and then applying to any IPO.
    • www.liveipo.in will not be responsible for any kind of losses. So apply to any IPO at your risk.
    • We are not buying or selling any IPO forms regarding IPO Grey Market premium. We are only provide only recommendation of any IPO.
    • Please do not subscribe to any IPO by just seeing the Grey Market Premium Price. It can change at any time.

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