MedPlus Health Services Limited IPO Closed

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IPO date 13 Dec 2021 – 15 Dec 2021
Listing date 23 Dec 2021
Price range 780 – 796
Minimum order quantity 18
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MedPlus Health Services Limited is a pharmacy retail brand, offering a wide range of products such as pharmaceutical and wellness products; including medicines, vitamins, medical devices, and test kits, and fast-moving consumer goods; such as home and personal care products, including toiletries, baby care products, soaps and detergents, and sanitizers.

It is India’s second-largest pharmacy retailer with over 2000 stores across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, and Maharashtra, as of March 31, 2021. It is also the first pharmacy retailer in India to offer an omnichannel platform, offering its services through both offline as well as online channels.

The public offer of MedPlus Health comprises a fresh issue of equity shares aggregating up to Rs. 600 crores and an offer for sale of equity shares worth around Rs. 800 crores from existing shareholders.

Financial Snapshot

Financial Year Ended Revenue (₹ Crores) PAT (₹ Crores) EPS (₹)
March 2019 2,284.94 11.92 1.27
March 2020 2,887.89 1.79 0.2
March 2021 3,090.81 63.11 5.75
As of September 30, 2020 1,470.97 22.27 2.09
As of September 30, 2021 1,890.90 66.37 5.99

IPO Schedule

Issue Period 13th December to 15th December
Finalization of Allotment 20th December 2021
Initiation of Refunds 21st December 2021
Credit of Shares 22nd December 2021
Date of Listing 23rd December 2021
Mandate end date 31st December 2021

How do I apply to the MedPlus Health Services Limited IPO?

You can apply for the MedPlus Health Services Limited IPO using any supported UPI app by following two steps:
  • Enter your bid on Console
  • Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for MedPlus Health Services Limited IPO?

You can check the allotment status for the MedPlus Health Services Limited IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.