The Mono Pharmacare IPO minimum market lot is 4000 shares with ₹112,000 application amount. The Mono Pharmacare IPO is an NSE SME IPO, and it will be listed on the NSE.
Mono Pharmacare is engaged in the business of marketing pharmaceutical products and also, and they are also distributors of various pharmaceutical companies. They work with various contract manufacturers who manufacture pharmaceutical products on our behalf based on compositions given and subsequently, they sell those products under our brand “DLS Export”. Mono Pharmacare is also a distributor to various pharmaceutical companies. As of February 28, 2023, they are dealing with (distributors and stockists) 168 pharmaceutical companies, and also, they are also connected with 3,036 customers/vendors who are a mix of retail pharmacy stores as well as wholesalers. Their promoters have a combined experience of more than a decade in the pharmaceutical industry. Their Promoters have been the pillars of our Company’s growth since the beginning and with their enriching experience and progressive thinking, they aim to continue to grow in the pharmaceutical industry.
IPOWatch View
We recommend investors may apply for an IPO with long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Mono Pharmacare IPO Subscription Status – Day 3
| Category | Day 3 |
| QIB | 10.89 |
| NII | 8.00 |
| RII | 19.39 |
| Total | 13.42 |
Mono Pharmacare IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Mono Pharmacare IPO Review
- May Apply
Mono Pharmacare IPO Form
How to apply for the Mono Pharmacare IPO? You can apply for Mono Pharmacare IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Mono Pharmacare IPO in the Invest section. The other option is you can apply for Mono Pharmacare IPO via IPO forms downloaded online. Check out the Mono Pharmacare forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
