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Earum Pharmaceuticals Ltd.

Earum Pharmaceuticals Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹36
₹36
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹36
Based on GMP
Min. Investment
₹108,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
21 Jun 2019
Close Date
26 Jun 2019
Allotment
01 Jul 2019
Listing Date
04 Jul 2019
Exchange
BSE SME
Price Band
₹36
Listing Price
See chart
Allotment Status
Price Band
₹36
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
18,48,000 shares (aggregating up to ₹6.65 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹108,000
1 lot
Pre-IPO Holding
43,19,910 shares
Promoters
Post-IPO Holding
61,67,910 shares
Promoters
UPI Deadline
2019-06-26
Mandate
Anchor AllotmentThu, 20 Jun 2019
Basis of AllotmentMon, 01 Jul 2019
Refund InitiationTue, 02 Jul 2019
Demat CreditWed, 03 Jul 2019
Listing DayThu, 04 Jul 2019
UPI Mandate Deadline2019-06-26
Sale TypeFresh Capital
Net Offer to Public17,52,000 shares (aggregating up to ₹6.31 Cr)
Market Maker Quota96,000 shares (aggregating up to ₹0.3456 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Earum Pharmaceuticals Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 Jun 2019.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
96,000
₹0.35
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
1,848,000
100% ₹6.65
IPO Shares Offered
Earum Pharmaceuticals Ltd. IPO total issue size: ₹6.65 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 96,000 ₹0.35
5.19%
Total 1,848,000 ₹6.65
100.00%
* Based on upper price band ₹36 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹36.00
Upper Band
Min Investment
₹108,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹216,000
Retail (Max — 13 Lots)1339,000₹1,404,000
S-HNI (Min — 14 Lots)1442,000₹1,512,000
B-HNI (Min — 68 Lots)68204,000₹7,344,000
* Issue Price ₹36 × Lot Size 3,000 shares
IPO Schedule
Anchor
20 Jun 2019
✓ Done
IPO Open
21 Jun 2019
✓ Done
IPO Close
26 Jun 2019
✓ Done
Allotment
01 Jul 2019
✓ Done
Refunds
02 Jul 2019
✓ Done
Demat Credit
03 Jul 2019
✓ Done
Listing Day
04 Jul 2019
✓ Done
Earum Pharmaceuticals Ltd. — Live Price LIVE
₹36.00
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Issue ₹36.00 Live Price
About Earum Pharmaceuticals Ltd.
Incorporated in 2012, Ahmedabad-based Earum Pharmaceuticals Limited is engaged in trading, marketing, distribution of pharmaceutical formulation products. The company has 125 drugs formulation products including multivitamins, gynaecology drugs, steroids, anti-biotic drugs, cerebral activator drugs, gastrointestinal drugs, etc.The company is also involved in the trading business of active pharmaceutical ingredients (API's) including Amoxicillin Trihydrate IP, Levofloxacin Hemihydrate IP and Albendazole IP. Earum Pharmaceuticals is primarily engaged in two types of business activities; marketing of its own formulations products and trading of other brands' generic formulations. Currently, it has around 24 products which are manufactured by 3rd parties and marketed by the company under its brand name.It has a warehouse at Ahmedabad, Gujarat equipped with all amenities to process business operations smoothly. The company has a domestic and international presence across South East Asia, Latin America and Africa.Future goals of Earum Pharmaceuticals Ltd are:1. Make global presence more prominent2. Enhance customer satisfaction by improving market skills3. Deal in quality standard productsThe competitive strengths of the company are:1. Wide product range2. The experienced promoter of 11+ years experience3. Quality assurance
Objects of the Issue
1
1 Working Capital requirement
2
2 General Corporate Purpose
3
3 To meet Issue Expenses
Earum Pharmaceuticals Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹2,334.0
31-Dec-17
₹3,543.7
31-Mar-18
₹3,449.9
31-Dec-18
Profit After Tax (PAT)
₹16.0
31-Dec-17
₹85.7
31-Mar-18
₹86.5
31-Dec-18
Particulars31-Dec-1831-Mar-1831-Dec-17
Revenue from Operations 3449.85 3543.67 2333.95
EBITDA N/A N/A N/A
Profit After Tax (PAT) 86.51 85.65 15.98
Net Worth N/A N/A N/A
Total Assets 2741.00 2052.88 1108.45
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered18,48,000 (100.00%)
Net Offer to Public17,52,000 shares (aggregating up to ₹6.31 Cr)
Reserved for Market Maker96,000 shares (aggregating up to ₹0.3456 Cr)
Pre-Issue Promoter Holding43,19,910 shares
Post-Issue Promoter Holding61,67,910 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Earum Pharmaceuticals Ltd. IPO subscribed?

Earum Pharmaceuticals Ltd. IPO is subscribed 1.00 times by Jun 26, 2019. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Earum Pharmaceuticals Ltd. IPO retail subscription status?

The Earum Pharmaceuticals Ltd. IPO retail category is subscribed 1.00 times as of 26 Jun 2019. The retail portion is oversubscribed.

How to subscribe Earum Pharmaceuticals Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 21 Jun 2019 and closes 26 Jun 2019. Min investment: ₹108,000 (1 lot = 3,000 shares). UPI mandate: 2019-06-26.

How many times Earum Pharmaceuticals Ltd. IPO subscribed?

The Earum Pharmaceuticals Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Earum Pharmaceuticals Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 01 Jul 2019. Refunds: on 02 Jul 2019.

When Earum Pharmaceuticals Ltd. IPO will be listed?

The Earum Pharmaceuticals Ltd. IPO listing date is 04 Jul 2019, Thursday. Listed on: BSE SME. Issue price: ₹36. Estimated listing: ₹36. GMP: NIL.

When Earum Pharmaceuticals Ltd. IPO close?

The Earum Pharmaceuticals Ltd. IPO closes on 26 Jun 2019, Wednesday. UPI mandate: 2019-06-26. Allotment: 01 Jul 2019. Listing: 04 Jul 2019.