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Angel Analysts Research & Consulting | 226 Sector 5 Gurugram Haryana India

Medplus Health IPO is a book built issue of Rs 1,398.30 crores. The issue is a combination of fresh issue of Rs 600.00 crores and offer for sale of Rs 798.30 crores.

Medplus Health IPO bidding started from December 13, 2021 and ended on December 15, 2021. The allotment for Medplus Health IPO was finalized on Monday, December 20, 2021. The shares got listed on BSE, NSE on December 23, 2021.

Medplus Health IPO price band is set at ₹780 to ₹796 per share. The minimum lot size for an application is 18 Shares. The minimum amount of investment required by retail investors is ₹14,328.

The issue includes a reservation of up to 71,225 shares for employees offered at a discount of Rs 78 to the issue price.

Axis Capital Limited, Credit Suisse Securities (India) Private Limited, Edelweiss Financial Services Ltd and Nomura Financial Advisory And Securities (India) Pvt Ltd are the book running lead managers of the Medplus Health IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Medplus Health IPO RHP for detailed information.

Medplus Health Services Limited Logo

Medplus Health IPO is a book built issue of Rs 1,398.30 crores. The issue is a combination of fresh issue of Rs 600.00 crores and offer for sale of Rs 798.30 crores.

Medplus Health IPO bidding started from December 13, 2021 and ended on December 15, 2021. The allotment for Medplus Health IPO was finalized on Monday, December 20, 2021. The shares got listed on BSE, NSE on December 23, 2021.

Medplus Health IPO price band is set at ₹780 to ₹796 per share. The minimum lot size for an application is 18 Shares. The minimum amount of investment required by retail investors is ₹14,328.

The issue includes a reservation of up to 71,225 shares for employees offered at a discount of Rs 78 to the issue price.

Axis Capital Limited, Credit Suisse Securities (India) Private Limited, Edelweiss Financial Services Ltd and Nomura Financial Advisory And Securities (India) Pvt Ltd are the book running lead managers of the Medplus Health IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Medplus Health IPO RHP for detailed information.

Medplus Health IPO price band is set at ₹780 to ₹796 per share. The minimum lot size for an application is 18 Shares. The minimum amount of investment required by retail investors is ₹14,328.

The issue includes a reservation of up to 71,225 shares for employees offered at a discount of Rs 78 to the issue price.

Axis Capital Limited, Credit Suisse Securities (India) Private Limited, Edelweiss Financial Services Ltd and Nomura Financial Advisory And Securities (India) Pvt Ltd are the book running lead managers of the Medplus Health IPO, while Kfin Technologies Limited is the registrar for the issue.

Axis Capital LimitedCredit Suisse Securities (India) Private LimitedEdelweiss Financial Services LtdNomura Financial Advisory And Securities (India) Pvt LtdKfin Technologies Limited

Refer to Medplus Health IPO RHP for detailed information.

Medplus Health IPO RHP

Medplus Health IPO Details

IPO Date December 13, 2021 to December 15, 2021
Listing Date December 23, 2021
Face Value ₹2 per share
Price Band ₹780 to ₹796 per share
Lot Size 18 Shares
Total Issue Size[.] shares
(aggregating up to ₹1,398.30 Cr)
Fresh Issue[.] shares
(aggregating up to ₹600.00 Cr)
Offer for Sale[.] shares of ₹2
(aggregating up to ₹798.30 Cr)
Employee Discount Rs 78 per share
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Medplus Health IPO Reservation

Medplus Health IPO offers 12,575,154 shares. 3,572,550 (28.41%) to QIB, 2,679,414 (21.31%) to NII, 6,251,965 (49.72%) to RII, 71,225 (0.57%) to employees. 347,331 RIIs will receive minimum 18 shares and (sNII) and (bNII) will receive minimum 252 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered3,572,550 (28.41%)NA
NII (HNI) Shares Offered2,679,414 (21.31%)
Retail Shares Offered6,251,965 (49.72%)347,331
Employee Shares Offered71,225 (0.57%)NA
Total Shares Offered12,575,154 (100%)

Medplus Health IPO Timeline (Tentative Schedule)

Medplus Health IPO opens on December 13, 2021, and closes on December 15, 2021.

IPO Open Date Monday, December 13, 2021
IPO Close Date Wednesday, December 15, 2021
Basis of Allotment Monday, December 20, 2021
Initiation of Refunds Tuesday, December 21, 2021
Credit of Shares to Demat Wednesday, December 22, 2021
Listing Date Thursday, December 23, 2021
Cut-off time for UPI mandate confirmation 5 PM on December 15, 2021

Medplus Health IPO Lot Size

Investors can bid for a minimum of 18 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 18 ₹14,328
Retail (Max) 13 234 ₹186,264
Lot Size Calculator

Medplus Health IPO Promoter Holding

Gangadi Madhukar Reddy, Lone Furrow Investments Pvt Ltd, and Agilemed Investments Pvt Ltd are the company promoters.

Share Holding Pre Issue 43.16%
Share Holding Post Issue 40.43%

Medplus Health IPO Details

IPO Date December 13, 2021 to December 15, 2021
Listing Date December 23, 2021
Face Value ₹2 per share
Price Band ₹780 to ₹796 per share
Lot Size 18 Shares
Total Issue Size[.] shares
(aggregating up to ₹1,398.30 Cr)
Fresh Issue[.] shares
(aggregating up to ₹600.00 Cr)
Offer for Sale[.] shares of ₹2
(aggregating up to ₹798.30 Cr)
Employee Discount Rs 78 per share
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Medplus Health IPO Reservation

Medplus Health IPO offers 12,575,154 shares. 3,572,550 (28.41%) to QIB, 2,679,414 (21.31%) to NII, 6,251,965 (49.72%) to RII, 71,225 (0.57%) to employees. 347,331 RIIs will receive minimum 18 shares and (sNII) and (bNII) will receive minimum 252 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered3,572,550 (28.41%)NA
NII (HNI) Shares Offered2,679,414 (21.31%)
Retail Shares Offered6,251,965 (49.72%)347,331
Employee Shares Offered71,225 (0.57%)NA
Total Shares Offered12,575,154 (100%)

Medplus Health IPO Timeline (Tentative Schedule)

Medplus Health IPO opens on December 13, 2021, and closes on December 15, 2021.

IPO Open Date Monday, December 13, 2021
IPO Close Date Wednesday, December 15, 2021
Basis of Allotment Monday, December 20, 2021
Initiation of Refunds Tuesday, December 21, 2021
Credit of Shares to Demat Wednesday, December 22, 2021
Listing Date Thursday, December 23, 2021
Cut-off time for UPI mandate confirmation 5 PM on December 15, 2021

Medplus Health IPO Lot Size

Investors can bid for a minimum of 18 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 18 ₹14,328
Retail (Max) 13 234 ₹186,264
Lot Size Calculator

Medplus Health IPO Promoter Holding

Gangadi Madhukar Reddy, Lone Furrow Investments Pvt Ltd, and Agilemed Investments Pvt Ltd are the company promoters.

Share Holding Pre Issue 43.16%
Share Holding Post Issue 40.43%

Medplus Health IPO Details

IPO Date December 13, 2021 to December 15, 2021
Listing Date December 23, 2021
Face Value ₹2 per share
Price Band ₹780 to ₹796 per share
Lot Size 18 Shares
Total Issue Size[.] shares
(aggregating up to ₹1,398.30 Cr)
Fresh Issue[.] shares
(aggregating up to ₹600.00 Cr)
Offer for Sale[.] shares of ₹2
(aggregating up to ₹798.30 Cr)
Employee Discount Rs 78 per share
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Medplus Health IPO Reservation

Medplus Health IPO offers 12,575,154 shares. 3,572,550 (28.41%) to QIB, 2,679,414 (21.31%) to NII, 6,251,965 (49.72%) to RII, 71,225 (0.57%) to employees. 347,331 RIIs will receive minimum 18 shares and (sNII) and (bNII) will receive minimum 252 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered3,572,550 (28.41%)NA
NII (HNI) Shares Offered2,679,414 (21.31%)
Retail Shares Offered6,251,965 (49.72%)347,331
Employee Shares Offered71,225 (0.57%)NA
Total Shares Offered12,575,154 (100%)

Medplus Health IPO Details

IPO Date December 13, 2021 to December 15, 2021
Listing Date December 23, 2021
Face Value ₹2 per share
Price Band ₹780 to ₹796 per share
Lot Size 18 Shares
Total Issue Size[.] shares
(aggregating up to ₹1,398.30 Cr)
Fresh Issue[.] shares
(aggregating up to ₹600.00 Cr)
Offer for Sale[.] shares of ₹2
(aggregating up to ₹798.30 Cr)
Employee Discount Rs 78 per share
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Medplus Health IPO Details

IPO Date December 13, 2021 to December 15, 2021
Listing Date December 23, 2021
Face Value ₹2 per share
Price Band ₹780 to ₹796 per share
Lot Size 18 Shares
Total Issue Size[.] shares
(aggregating up to ₹1,398.30 Cr)
Fresh Issue[.] shares
(aggregating up to ₹600.00 Cr)
Offer for Sale[.] shares of ₹2
(aggregating up to ₹798.30 Cr)
Employee Discount Rs 78 per share
Issue Type Book Built Issue IPO
Listing At BSE, NSE
IPO Date December 13, 2021 to December 15, 2021 Listing Date December 23, 2021 Face Value ₹2 per share Price Band ₹780 to ₹796 per share Lot Size 18 Shares Total Issue Size[.] shares
(aggregating up to ₹1,398.30 Cr) Fresh Issue[.] shares
(aggregating up to ₹600.00 Cr) Offer for Sale[.] shares of ₹2
(aggregating up to ₹798.30 Cr) Employee Discount Rs 78 per share Issue Type Book Built Issue IPO Listing At BSE, NSE IPO Date December 13, 2021 to December 15, 2021 IPO DateDecember 13, 2021 to December 15, 2021 Listing Date December 23, 2021 Listing DateDecember 23, 2021 Face Value ₹2 per share Face Value₹2 per share Price Band ₹780 to ₹796 per share Price Band₹780 to ₹796 per share Lot Size 18 Shares Lot Size18 SharesTotal Issue Size[.] shares
(aggregating up to ₹1,398.30 Cr)Total Issue Size[.] shares
(aggregating up to ₹1,398.30 Cr)
Fresh Issue[.] shares
(aggregating up to ₹600.00 Cr)Fresh Issue[.] shares
(aggregating up to ₹600.00 Cr)
Offer for Sale[.] shares of ₹2
(aggregating up to ₹798.30 Cr)Offer for Sale[.] shares of ₹2
(aggregating up to ₹798.30 Cr)
Employee Discount Rs 78 per share Employee DiscountEmployee DiscountRs 78 per share Issue Type Book Built Issue IPO Issue TypeBook Built Issue IPO Listing At BSE, NSE Listing AtBSE, NSE

Medplus Health IPO Reservation

Medplus Health IPO offers 12,575,154 shares. 3,572,550 (28.41%) to QIB, 2,679,414 (21.31%) to NII, 6,251,965 (49.72%) to RII, 71,225 (0.57%) to employees. 347,331 RIIs will receive minimum 18 shares and (sNII) and (bNII) will receive minimum 252 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered3,572,550 (28.41%)NA
NII (HNI) Shares Offered2,679,414 (21.31%)
Retail Shares Offered6,251,965 (49.72%)347,331
Employee Shares Offered71,225 (0.57%)NA
Total Shares Offered12,575,154 (100%)

Medplus Health IPO Reservation

Medplus Health IPO offers 12,575,154 shares. 3,572,550 (28.41%) to QIB, 2,679,414 (21.31%) to NII, 6,251,965 (49.72%) to RII, 71,225 (0.57%) to employees. 347,331 RIIs will receive minimum 18 shares and (sNII) and (bNII) will receive minimum 252 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered3,572,550 (28.41%)NA
NII (HNI) Shares Offered2,679,414 (21.31%)
Retail Shares Offered6,251,965 (49.72%)347,331
Employee Shares Offered71,225 (0.57%)NA
Total Shares Offered12,575,154 (100%)
Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered3,572,550 (28.41%)NA
NII (HNI) Shares Offered2,679,414 (21.31%)
Retail Shares Offered6,251,965 (49.72%)347,331
Employee Shares Offered71,225 (0.57%)NA
Total Shares Offered12,575,154 (100%)
Investor Category Shares OfferedMaximum Allottees Investor Category Shares OfferedMaximum Allottees Investor CategoryShares OfferedMaximum Allottees Anchor Investor Shares Offered-NAQIB Shares Offered3,572,550 (28.41%)NANII (HNI) Shares Offered2,679,414 (21.31%)Retail Shares Offered6,251,965 (49.72%)347,331Employee Shares Offered71,225 (0.57%)NATotal Shares Offered12,575,154 (100%) Anchor Investor Shares Offered-NAAnchor Investor Shares Offered-NAQIB Shares Offered3,572,550 (28.41%)NAQIB Shares Offered3,572,550 (28.41%)NANII (HNI) Shares Offered2,679,414 (21.31%)NII (HNI) Shares Offered2,679,414 (21.31%)Retail Shares Offered6,251,965 (49.72%)347,331Retail Shares Offered6,251,965 (49.72%)347,331Employee Shares Offered71,225 (0.57%)NAEmployee Shares Offered71,225 (0.57%)NATotal Shares Offered12,575,154 (100%)Total Shares Offered12,575,154 (100%)

Medplus Health IPO Timeline (Tentative Schedule)

Medplus Health IPO opens on December 13, 2021, and closes on December 15, 2021.

IPO Open Date Monday, December 13, 2021
IPO Close Date Wednesday, December 15, 2021
Basis of Allotment Monday, December 20, 2021
Initiation of Refunds Tuesday, December 21, 2021
Credit of Shares to Demat Wednesday, December 22, 2021
Listing Date Thursday, December 23, 2021
Cut-off time for UPI mandate confirmation 5 PM on December 15, 2021

Medplus Health IPO Lot Size

Investors can bid for a minimum of 18 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 18 ₹14,328
Retail (Max) 13 234 ₹186,264
Lot Size Calculator

Medplus Health IPO Promoter Holding

Gangadi Madhukar Reddy, Lone Furrow Investments Pvt Ltd, and Agilemed Investments Pvt Ltd are the company promoters.

Share Holding Pre Issue 43.16%
Share Holding Post Issue 40.43%

Medplus Health IPO Timeline (Tentative Schedule)

Medplus Health IPO opens on December 13, 2021, and closes on December 15, 2021.

IPO Open Date Monday, December 13, 2021
IPO Close Date Wednesday, December 15, 2021
Basis of Allotment Monday, December 20, 2021
Initiation of Refunds Tuesday, December 21, 2021
Credit of Shares to Demat Wednesday, December 22, 2021
Listing Date Thursday, December 23, 2021
Cut-off time for UPI mandate confirmation 5 PM on December 15, 2021

Medplus Health IPO Timeline (Tentative Schedule)

Medplus Health IPO opens on December 13, 2021, and closes on December 15, 2021.

IPO Open Date Monday, December 13, 2021
IPO Close Date Wednesday, December 15, 2021
Basis of Allotment Monday, December 20, 2021
Initiation of Refunds Tuesday, December 21, 2021
Credit of Shares to Demat Wednesday, December 22, 2021
Listing Date Thursday, December 23, 2021
Cut-off time for UPI mandate confirmation 5 PM on December 15, 2021
IPO Open Date Monday, December 13, 2021 IPO Close Date Wednesday, December 15, 2021 Basis of Allotment Monday, December 20, 2021 Initiation of Refunds Tuesday, December 21, 2021 Credit of Shares to Demat Wednesday, December 22, 2021 Listing Date Thursday, December 23, 2021 Cut-off time for UPI mandate confirmation 5 PM on December 15, 2021 IPO Open Date Monday, December 13, 2021 IPO Open DateMonday, December 13, 2021 IPO Close Date Wednesday, December 15, 2021 IPO Close DateWednesday, December 15, 2021 Basis of Allotment Monday, December 20, 2021 Basis of AllotmentMonday, December 20, 2021 Initiation of Refunds Tuesday, December 21, 2021 Initiation of RefundsTuesday, December 21, 2021 Credit of Shares to Demat Wednesday, December 22, 2021 Credit of Shares to DematWednesday, December 22, 2021 Listing Date Thursday, December 23, 2021 Listing DateThursday, December 23, 2021 Cut-off time for UPI mandate confirmation 5 PM on December 15, 2021 Cut-off time for UPI mandate confirmation5 PM on December 15, 2021

Medplus Health IPO Lot Size

Investors can bid for a minimum of 18 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 18 ₹14,328
Retail (Max) 13 234 ₹186,264
Lot Size Calculator

Medplus Health IPO Lot Size

Investors can bid for a minimum of 18 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 18 ₹14,328
Retail (Max) 13 234 ₹186,264
Lot Size Calculator
Application Lots Shares Amount Application Lots Shares Amount ApplicationLotsSharesAmount Retail (Min) 1 18 ₹14,328 Retail (Max) 13 234 ₹186,264 Lot Size Calculator Retail (Min) 1 18 ₹14,328 Retail (Min)118₹14,328 Retail (Max) 13 234 ₹186,264 Retail (Max)13234₹186,264 Lot Size Calculator Lot Size Calculator Lot Size Calculator Lot Size Calculator

Medplus Health IPO Promoter Holding

Gangadi Madhukar Reddy, Lone Furrow Investments Pvt Ltd, and Agilemed Investments Pvt Ltd are the company promoters.

Share Holding Pre Issue 43.16%
Share Holding Post Issue 40.43%

Medplus Health IPO Promoter Holding

Gangadi Madhukar Reddy, Lone Furrow Investments Pvt Ltd, and Agilemed Investments Pvt Ltd are the company promoters.

Share Holding Pre Issue 43.16%
Share Holding Post Issue 40.43%
Share Holding Pre Issue 43.16% Share Holding Post Issue 40.43% Share Holding Pre Issue 43.16% Share Holding Pre Issue43.16% Share Holding Post Issue 40.43% Share Holding Post Issue40.43%

About Medplus Health Services Limited

Incorporated in 2006, Medplus Health Services is India's second-largest pharmacy retailer in terms of the number of stores and revenue. The company offers pharmaceutical and wellness products i.e. medicines, vitamins, medical devices, test kits, and fast-moving consumer goods i.e. home and personal care products, baby care products, sanitizers, soaps, and detergents, etc. It is also the first pharmacy retailer in India to offer an omnichannel platform wherein customers can purchase products through stores, place orders over the telephone, online orders, and a Click and Pick facility.

As of June 31, 2021, the company has a strong pharmacy retail network of 2,165 stores across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, and Maharashtra. In fiscal 2021, its share of the organized pharmacy retail based on revenue from operations in Chennai, Bangalore, Hyderabad, and Kolkata reported at 30%, 29%, 30%, and 22% respectively. It follows a cluster-based approach for store network expansion wherein it first opens high store density in a populated residential area within a target market. The company's warehouses are located in Bengaluru, Chennai, Hyderabad, Vijaywada, Kolkata, Pune, Bhubaneshwar, Mumbai, and Nagpur.

Competitive strengths

About Medplus Health Services Limited

Incorporated in 2006, Medplus Health Services is India's second-largest pharmacy retailer in terms of the number of stores and revenue. The company offers pharmaceutical and wellness products i.e. medicines, vitamins, medical devices, test kits, and fast-moving consumer goods i.e. home and personal care products, baby care products, sanitizers, soaps, and detergents, etc. It is also the first pharmacy retailer in India to offer an omnichannel platform wherein customers can purchase products through stores, place orders over the telephone, online orders, and a Click and Pick facility.

As of June 31, 2021, the company has a strong pharmacy retail network of 2,165 stores across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, and Maharashtra. In fiscal 2021, its share of the organized pharmacy retail based on revenue from operations in Chennai, Bangalore, Hyderabad, and Kolkata reported at 30%, 29%, 30%, and 22% respectively. It follows a cluster-based approach for store network expansion wherein it first opens high store density in a populated residential area within a target market. The company's warehouses are located in Bengaluru, Chennai, Hyderabad, Vijaywada, Kolkata, Pune, Bhubaneshwar, Mumbai, and Nagpur.

Competitive strengths

Incorporated in 2006, Medplus Health Services is India's second-largest pharmacy retailer in terms of the number of stores and revenue. The company offers pharmaceutical and wellness products i.e. medicines, vitamins, medical devices, test kits, and fast-moving consumer goods i.e. home and personal care products, baby care products, sanitizers, soaps, and detergents, etc. It is also the first pharmacy retailer in India to offer an omnichannel platform wherein customers can purchase products through stores, place orders over the telephone, online orders, and a Click and Pick facility.

India's second-largest pharmacy retailer

As of June 31, 2021, the company has a strong pharmacy retail network of 2,165 stores across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, and Maharashtra. In fiscal 2021, its share of the organized pharmacy retail based on revenue from operations in Chennai, Bangalore, Hyderabad, and Kolkata reported at 30%, 29%, 30%, and 22% respectively. It follows a cluster-based approach for store network expansion wherein it first opens high store density in a populated residential area within a target market. The company's warehouses are located in Bengaluru, Chennai, Hyderabad, Vijaywada, Kolkata, Pune, Bhubaneshwar, Mumbai, and Nagpur.

Competitive strengths

Competitive strengths
  • Second largest pharmacy retailer company in India.
  • Strong brand name and customer value proposition.
  • Pharmacy retail outlet network of 2000+ stores in Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, and Maharashtra.
  • First pharmacy retailer to provide Omni-channel platform to customers.
  • Highly qualified, experienced, and professional management team.

    • Company Financials

    Summary of financial Information (Restated Consolidated)
    Particulars For the year/period ended (₹ in Millions)
    30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
    Total Assets 17,464.94 15,656.58 13,486.96 9,587.11
    Total Revenue 18,908.99 30,908.14 28,878.87 22,849.40
    Profit After Tax 663.67 631.11 17.94 119.22

    Company Financials

    Summary of financial Information (Restated Consolidated)
    Particulars For the year/period ended (₹ in Millions)
    30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
    Total Assets 17,464.94 15,656.58 13,486.96 9,587.11
    Total Revenue 18,908.99 30,908.14 28,878.87 22,849.40
    Profit After Tax 663.67 631.11 17.94 119.22
    Summary of financial Information (Restated Consolidated)
    Particulars For the year/period ended (₹ in Millions)
    30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
    Total Assets 17,464.94 15,656.58 13,486.96 9,587.11
    Total Revenue 18,908.99 30,908.14 28,878.87 22,849.40
    Profit After Tax 663.67 631.11 17.94 119.22
    Summary of financial Information (Restated Consolidated) Particulars For the year/period ended (₹ in Millions) Particulars For the year/period ended (₹ in Millions) ParticularsFor the year/period ended (₹ in Millions) 30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19 Total Assets 17,464.94 15,656.58 13,486.96 9,587.11 Total Revenue 18,908.99 30,908.14 28,878.87 22,849.40 Profit After Tax 663.67 631.11 17.94 119.22 30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19 30-Sep-2130-Sep-2131-Mar-2131-Mar-2131-Mar-2031-Mar-2031-Mar-1931-Mar-19 Total Assets 17,464.94 15,656.58 13,486.96 9,587.11 Total AssetsTotal Assets17,464.9415,656.5813,486.969,587.11 Total Revenue 18,908.99 30,908.14 28,878.87 22,849.40 Total RevenueTotal Revenue18,908.9930,908.1428,878.8722,849.40 Profit After Tax 663.67 631.11 17.94 119.22 Profit After TaxProfit After Tax663.67631.1117.94119.22

    Objects of the Issue (Medplus Health IPO Objectives)

    Objects of the Issue (Medplus Health IPO Objectives)

  • Funding working capital requirement of subsidiary, Optival; and
  • General corpoarte purposes.

    • Medplus Health IPO Review (May apply)

    [Dilip Davda]  After a dismal performance for FY20, the company posted super earnings and based on these earnings, it has priced its IPO very aggressively. While the sustainability of such margins going forward raises concern, pricing of the IPO too appears greedy. Cash surplus investors may consider an investment with a long-term perspective, others may ignore. Read detail review...

    Medplus Health IPO Review (May apply)

    (May apply)

    [Dilip Davda]  After a dismal performance for FY20, the company posted super earnings and based on these earnings, it has priced its IPO very aggressively. While the sustainability of such margins going forward raises concern, pricing of the IPO too appears greedy. Cash surplus investors may consider an investment with a long-term perspective, others may ignore. Read detail review...

    [Dilip Davda]  Read detail review...

    Medplus Health IPO Subscription Status (Bidding Detail)

    The Medplus Health IPO is subscribed 52.59 times on December 15, 2021 5:01:00 PM. The public issue subscribed 5.24 times in the retail category, 111.90 times in the QIB category, and 85.33 times in the NII category. Check Day by Day Subscription Details (Live Status)

    Application Wise IPO Subscription (Retail): 4.81 times

    CategorySubscription (times)
    QIB111.90
    NII85.33
    Retail5.24
    Employee3.05
    Total52.59

    Medplus Health IPO Subscription Status (Bidding Detail)

    The Medplus Health IPO is subscribed 52.59 times on December 15, 2021 5:01:00 PM. The public issue subscribed 5.24 times in the retail category, 111.90 times in the QIB category, and 85.33 times in the NII category. Check Day by Day Subscription Details (Live Status)

    Application Wise IPO Subscription (Retail): 4.81 times

    CategorySubscription (times)
    QIB111.90
    NII85.33
    Retail5.24
    Employee3.05
    Total52.59

    Medplus Health IPO Subscription Status (Bidding Detail)

    The Medplus Health IPO is subscribed 52.59 times on December 15, 2021 5:01:00 PM. The public issue subscribed 5.24 times in the retail category, 111.90 times in the QIB category, and 85.33 times in the NII category. Check Day by Day Subscription Details (Live Status)

    52.59Day by Day Subscription Details (Live Status)

    Application Wise IPO Subscription (Retail): 4.81 times

    Application Wise IPO Subscription (Retail)
    CategorySubscription (times)
    QIB111.90
    NII85.33
    Retail5.24
    Employee3.05
    Total52.59
    CategorySubscription (times)CategorySubscription (times)CategoryCategorySubscription (times)QIB111.90NII85.33Retail5.24Employee3.05Total52.59QIB111.90QIB111.90NII85.33NII85.33Retail5.24Retail5.24Employee3.05Employee3.05Total52.59Total52.59

    Medplus Health IPO Prospectus

    Medplus Health IPO Rating

    886
    4.3
    Rating:Rated 4.3 stars
    Vote Here ...

    Medplus Health IPO Listing Details

    Listing Date December 23, 2021
    BSE Script Code 543427
    NSE Symbol MEDPLUS
    ISIN INE804L01022
    Final Issue Price ₹796 per share

    Pre-Open Session - NSE Pre-Open Session - BSE

    Listing Day Trading Information

    Price Details
    Final Issue Price
    Open
    Low
    High
    Last Trade
    BSE
    ₹796.00
    ₹1,015.00
    ₹1,015.00
    ₹1,143.10
    ₹1,120.85
    NSE
    ₹796.00
    ₹1,040.00
    ₹1,040.00
    ₹1,143.90
    ₹1,121.15

    Check IPO Performance…

    Medplus Health Services Limited Contact Details

    Medplus Health Services Limited
    707, 7th Floor, 5-9-13,
    Taramandal Commercial Complex, Saifabad
    Hyderabad 500 004
    Phone: +91 040 6724 6724
    Email: cs@medplusindia.com
    Website: http://www.medplusindia.com/

    Medplus Health IPO Registrar

    Kfin Technologies Limited

    Phone: 04067162222, 04079611000
    Email: medplus.ipo@kfintech.com
    Website: https://kosmic.kfintech.com/ipostatus/

    Medplus Health IPO - Buy or Not

    Medplus Health IPO Recommendation Summary

    Review By Subscribe Neutral Avoid
    Brokers 6 0 0
    Members 0 0 0

    Read All Reviews Post Your Review Manage Reviews

    Medplus Health IPO Lead Manager(s)

    1. Axis Capital Limited (Past IPO Performance)
    2. Credit Suisse Securities (India) Private Limited (Past IPO Performance)
    3. Edelweiss Financial Services Ltd (Past IPO Performance)
    4. Nomura Financial Advisory And Securities (India) Pvt Ltd (Past IPO Performance)

    Lead Manager Reports

    Medplus Health IPO Prospectus

    Medplus Health IPO Rating

    886
    4.3
    Rating:Rated 4.3 stars
    Vote Here ...

    Medplus Health IPO Prospectus

    Medplus Health IPO Prospectus

    Medplus Health IPO Prospectus

    Medplus Health IPO Prospectus

  •   ›  Medplus Health IPO DRHP
    • Medplus Health IPO DRHP
  •   ›  Medplus Health IPO RHP
    • Medplus Health IPO RHP
  •   ›  Anchor Investors in Medplus Health IPO
    • Anchor Investors in Medplus Health IPO

    Medplus Health IPO Rating

    886
    4.3
    Rating:Rated 4.3 stars
    Vote Here ...

    Medplus Health IPO Rating

    886
    4.3
    Rating:Rated 4.3 stars
    Vote Here ...

    Medplus Health IPO Rating

    Medplus Health IPO Rating

    886
    4.3
    Rating:Rated 4.3 stars
    Vote Here ...
    886
    4.3
    Rating:Rated 4.3 stars
    Vote Here ...
    886
    4.3
    886
    886
    4.3
    4.3
    Rating:Rated 4.3 stars
    Rating:Rated 4.3 starsRated 4.3 starsRated 4.3 stars
    Vote Here ...
    Vote Here ...Vote Here ...
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    Medplus Health IPO Listing Details

    Listing Date December 23, 2021
    BSE Script Code 543427
    NSE Symbol MEDPLUS
    ISIN INE804L01022
    Final Issue Price ₹796 per share

    Pre-Open Session - NSE Pre-Open Session - BSE

    Listing Day Trading Information

    Price Details
    Final Issue Price
    Open
    Low
    High
    Last Trade
    BSE
    ₹796.00
    ₹1,015.00
    ₹1,015.00
    ₹1,143.10
    ₹1,120.85
    NSE
    ₹796.00
    ₹1,040.00
    ₹1,040.00
    ₹1,143.90
    ₹1,121.15

    Check IPO Performance…

    Medplus Health IPO Listing Details

    Listing Date December 23, 2021
    BSE Script Code 543427
    NSE Symbol MEDPLUS
    ISIN INE804L01022
    Final Issue Price ₹796 per share

    Pre-Open Session - NSE Pre-Open Session - BSE

    Medplus Health IPO Listing Details

    Listing Date December 23, 2021
    BSE Script Code 543427
    NSE Symbol MEDPLUS
    ISIN INE804L01022
    Final Issue Price ₹796 per share

    Pre-Open Session - NSE Pre-Open Session - BSE

    Medplus Health IPO Listing Details

    Medplus Health IPO Listing Details

    Listing Date December 23, 2021
    BSE Script Code 543427
    NSE Symbol MEDPLUS
    ISIN INE804L01022
    Final Issue Price ₹796 per share

    Pre-Open Session - NSE Pre-Open Session - BSE

    Listing Date December 23, 2021
    BSE Script Code 543427
    NSE Symbol MEDPLUS
    ISIN INE804L01022
    Final Issue Price ₹796 per share
    Listing Date December 23, 2021 BSE Script Code 543427 NSE Symbol MEDPLUS ISIN INE804L01022 Final Issue Price ₹796 per share Listing Date December 23, 2021 Listing DateListing DateDecember 23, 2021 BSE Script Code 543427 BSE Script CodeBSE Script Code543427 NSE Symbol MEDPLUS NSE SymbolNSE SymbolMEDPLUS ISIN INE804L01022 ISINISININE804L01022 Final Issue Price ₹796 per share Final Issue PriceFinal Issue Price₹796 per share

    Pre-Open Session - NSE Pre-Open Session - BSE

    Pre-Open Session - NSEPre-Open Session - BSE

    Listing Day Trading Information

    Price Details
    Final Issue Price
    Open
    Low
    High
    Last Trade
    BSE
    ₹796.00
    ₹1,015.00
    ₹1,015.00
    ₹1,143.10
    ₹1,120.85
    NSE
    ₹796.00
    ₹1,040.00
    ₹1,040.00
    ₹1,143.90
    ₹1,121.15

    Check IPO Performance…

    Listing Day Trading Information

    Price Details
    Final Issue Price
    Open
    Low
    High
    Last Trade
    BSE
    ₹796.00
    ₹1,015.00
    ₹1,015.00
    ₹1,143.10
    ₹1,120.85
    NSE
    ₹796.00
    ₹1,040.00
    ₹1,040.00
    ₹1,143.90
    ₹1,121.15

    Check IPO Performance…

    Listing Day Trading Information

    Listing Day Trading Information

    Price Details
    Final Issue Price
    Open
    Low
    High
    Last Trade
    BSE
    ₹796.00
    ₹1,015.00
    ₹1,015.00
    ₹1,143.10
    ₹1,120.85
    NSE
    ₹796.00
    ₹1,040.00
    ₹1,040.00
    ₹1,143.90
    ₹1,121.15

    Check IPO Performance…

    Price Details
    Final Issue Price
    Open
    Low
    High
    Last Trade
    BSE
    ₹796.00
    ₹1,015.00
    ₹1,015.00
    ₹1,143.10
    ₹1,120.85
    NSE
    ₹796.00
    ₹1,040.00
    ₹1,040.00
    ₹1,143.90
    ₹1,121.15

    Check IPO Performance…

    Price Details
    Final Issue Price
    Open
    Low
    High
    Last Trade
    Price Details
    Final Issue Price
    Open
    Low
    High
    Last Trade
    Price Details Price Details Price Details Final Issue Price Open Low High Last Trade Final Issue Price Final Issue PriceFinal Issue Price Open OpenOpen Low LowLow High HighHigh Last Trade Last TradeLast Trade
    BSE
    ₹796.00
    ₹1,015.00
    ₹1,015.00
    ₹1,143.10
    ₹1,120.85
    BSE
    ₹796.00
    ₹1,015.00
    ₹1,015.00
    ₹1,143.10
    ₹1,120.85
    BSE BSE BSEBSE ₹796.00 ₹1,015.00 ₹1,015.00 ₹1,143.10 ₹1,120.85 ₹796.00 ₹796.00 ₹1,015.00 ₹1,015.00 ₹1,015.00 ₹1,015.00 ₹1,143.10 ₹1,143.10 ₹1,120.85 ₹1,120.85
    NSE
    ₹796.00
    ₹1,040.00
    ₹1,040.00
    ₹1,143.90
    ₹1,121.15
    NSE
    ₹796.00
    ₹1,040.00
    ₹1,040.00
    ₹1,143.90
    ₹1,121.15
    NSE NSE NSENSE ₹796.00 ₹1,040.00 ₹1,040.00 ₹1,143.90 ₹1,121.15 ₹796.00 ₹796.00 ₹1,040.00 ₹1,040.00 ₹1,040.00 ₹1,040.00 ₹1,143.90 ₹1,143.90 ₹1,121.15 ₹1,121.15

    Check IPO Performance…

    Check IPO Performance…

    Medplus Health Services Limited Contact Details

    Medplus Health Services Limited
    707, 7th Floor, 5-9-13,
    Taramandal Commercial Complex, Saifabad
    Hyderabad 500 004
    Phone: +91 040 6724 6724
    Email: cs@medplusindia.com
    Website: http://www.medplusindia.com/

    Medplus Health IPO Registrar

    Kfin Technologies Limited

    Phone: 04067162222, 04079611000
    Email: medplus.ipo@kfintech.com
    Website: https://kosmic.kfintech.com/ipostatus/

    Medplus Health Services Limited Contact Details

    Medplus Health Services Limited
    707, 7th Floor, 5-9-13,
    Taramandal Commercial Complex, Saifabad
    Hyderabad 500 004
    Phone: +91 040 6724 6724
    Email: cs@medplusindia.com
    Website: http://www.medplusindia.com/

    Medplus Health Services Limited Contact Details

    Medplus Health Services Limited
    707, 7th Floor, 5-9-13,
    Taramandal Commercial Complex, Saifabad
    Hyderabad 500 004
    Phone: +91 040 6724 6724
    Email: cs@medplusindia.com
    Website: http://www.medplusindia.com/

    Medplus Health Services Limited Contact Details

    Medplus Health Services Limited Contact Details

    Medplus Health Services Limited
    707, 7th Floor, 5-9-13,
    Taramandal Commercial Complex, Saifabad
    Hyderabad 500 004
    Phone: +91 040 6724 6724
    Email: cs@medplusindia.com
    Website: http://www.medplusindia.com/

    Medplus Health Services Limited
    707, 7th Floor, 5-9-13,
    Taramandal Commercial Complex, Saifabad
    Hyderabad 500 004
    Phone: +91 040 6724 6724
    Email: cs@medplusindia.com
    Website: http://www.medplusindia.com/

    Medplus Health Services Limited
    707, 7th Floor, 5-9-13,
    Taramandal Commercial Complex, Saifabad
    Hyderabad 500 004
    Phone: +91 040 6724 6724
    Email: cs@medplusindia.com
    Website: http://www.medplusindia.com/

    Medplus Health Services Limited
    707, 7th Floor, 5-9-13,
    Taramandal Commercial Complex, Saifabad
    Hyderabad 500 004
    Phone: +91 040 6724 6724
    Email: cs@medplusindia.com
    Website: http://www.medplusindia.com/
    Taramandal Commercial Complex, Saifabad
    Hyderabad 500 004
    Phone: +91 040 6724 6724
    Email: cs@medplusindia.com
    Website: http://www.medplusindia.com/
    Hyderabad 500 004
    Phone: +91 040 6724 6724
    Email: cs@medplusindia.com
    Website: http://www.medplusindia.com/
    Phone: +91 040 6724 6724
    Email: cs@medplusindia.com
    Website: http://www.medplusindia.com/ Phone
    Email: cs@medplusindia.com
    Website: http://www.medplusindia.com/ Email
    Website: http://www.medplusindia.com/ Websitehttp://www.medplusindia.com/

    Medplus Health IPO Registrar

    Kfin Technologies Limited

    Phone: 04067162222, 04079611000
    Email: medplus.ipo@kfintech.com
    Website: https://kosmic.kfintech.com/ipostatus/

    Medplus Health IPO Registrar

    Kfin Technologies Limited

    Phone: 04067162222, 04079611000
    Email: medplus.ipo@kfintech.com
    Website: https://kosmic.kfintech.com/ipostatus/

    Medplus Health IPO Registrar

    Medplus Health IPO Registrar

    Kfin Technologies Limited

    Phone: 04067162222, 04079611000
    Email: medplus.ipo@kfintech.com
    Website: https://kosmic.kfintech.com/ipostatus/

    Kfin Technologies Limited

    Phone: 04067162222, 04079611000
    Email: medplus.ipo@kfintech.com
    Website: https://kosmic.kfintech.com/ipostatus/

    Kfin Technologies LimitedKfin Technologies Limited

    Phone: 04067162222, 04079611000
    Email: medplus.ipo@kfintech.com
    Website: https://kosmic.kfintech.com/ipostatus/
    Phone: 04067162222, 04079611000
    Email: medplus.ipo@kfintech.com
    Website: https://kosmic.kfintech.com/ipostatus/ Phone
    Email: medplus.ipo@kfintech.com
    Website: https://kosmic.kfintech.com/ipostatus/ Email
    Website: https://kosmic.kfintech.com/ipostatus/ Websitehttps://kosmic.kfintech.com/ipostatus/

    Medplus Health IPO - Buy or Not

    Medplus Health IPO Recommendation Summary

    Review By Subscribe Neutral Avoid
    Brokers 6 0 0
    Members 0 0 0

    Read All Reviews Post Your Review Manage Reviews

    Medplus Health IPO Lead Manager(s)

    1. Axis Capital Limited (Past IPO Performance)
    2. Credit Suisse Securities (India) Private Limited (Past IPO Performance)
    3. Edelweiss Financial Services Ltd (Past IPO Performance)
    4. Nomura Financial Advisory And Securities (India) Pvt Ltd (Past IPO Performance)

    Lead Manager Reports

    Medplus Health IPO - Buy or Not

    Medplus Health IPO Recommendation Summary

    Review By Subscribe Neutral Avoid
    Brokers 6 0 0
    Members 0 0 0

    Read All Reviews Post Your Review Manage Reviews

    Medplus Health IPO - Buy or Not

    Medplus Health IPO Recommendation Summary

    Review By Subscribe Neutral Avoid
    Brokers 6 0 0
    Members 0 0 0

    Read All Reviews Post Your Review Manage Reviews

    Medplus Health IPO - Buy or Not

    Medplus Health IPO - Buy or Not

    Medplus Health IPO Recommendation Summary

    Review By Subscribe Neutral Avoid
    Brokers 6 0 0
    Members 0 0 0

    Read All Reviews Post Your Review Manage Reviews

    Medplus Health IPO Recommendation Summary

    Review By Subscribe Neutral Avoid
    Brokers 6 0 0
    Members 0 0 0

    Read All Reviews Post Your Review Manage Reviews

    Medplus Health IPO Recommendation Summary

    Review By Subscribe Neutral Avoid
    Brokers 6 0 0
    Members 0 0 0
    Review By Subscribe Neutral Avoid Brokers 6 0 0 Members 0 0 0 Review By Subscribe Neutral Avoid Review BySubscribeNeutralAvoid Brokers 6 0 0 Brokers Brokers600 Members 0 0 0 MembersMembers000

    Read All Reviews Post Your Review Manage Reviews

    Read All ReviewsPost Your ReviewManage Reviews

    Medplus Health IPO Lead Manager(s)

    1. Axis Capital Limited (Past IPO Performance)
    2. Credit Suisse Securities (India) Private Limited (Past IPO Performance)
    3. Edelweiss Financial Services Ltd (Past IPO Performance)
    4. Nomura Financial Advisory And Securities (India) Pvt Ltd (Past IPO Performance)

    Lead Manager Reports

    Medplus Health IPO Lead Manager(s)

    1. Axis Capital Limited (Past IPO Performance)
    2. Credit Suisse Securities (India) Private Limited (Past IPO Performance)
    3. Edelweiss Financial Services Ltd (Past IPO Performance)
    4. Nomura Financial Advisory And Securities (India) Pvt Ltd (Past IPO Performance)

    Lead Manager Reports

    Medplus Health IPO Lead Manager(s)

    Medplus Health IPO Lead Manager(s)

    1. Axis Capital Limited (Past IPO Performance)
    2. Credit Suisse Securities (India) Private Limited (Past IPO Performance)
    3. Edelweiss Financial Services Ltd (Past IPO Performance)
    4. Nomura Financial Advisory And Securities (India) Pvt Ltd (Past IPO Performance)

    Lead Manager Reports

    1. Axis Capital Limited (Past IPO Performance)
    2. Credit Suisse Securities (India) Private Limited (Past IPO Performance)
    3. Edelweiss Financial Services Ltd (Past IPO Performance)
    4. Nomura Financial Advisory And Securities (India) Pvt Ltd (Past IPO Performance)
  • Axis Capital Limited (Past IPO Performance)
    • Axis Capital LimitedPast IPO Performance
  • Credit Suisse Securities (India) Private Limited (Past IPO Performance)
    • Credit Suisse Securities (India) Private LimitedPast IPO Performance
  • Edelweiss Financial Services Ltd (Past IPO Performance)
    • Edelweiss Financial Services LtdPast IPO Performance
  • Nomura Financial Advisory And Securities (India) Pvt Ltd (Past IPO Performance)
    • Nomura Financial Advisory And Securities (India) Pvt LtdPast IPO Performance

    Lead Manager Reports

    Lead Manager Reports
  • IPO Lead Manager Performance Summary
    • IPO Lead Manager Performance Summary
  • IPO Lead Manager Performance Tracker
    • IPO Lead Manager Performance Tracker