Evoq Remedies Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

17 Mar 2022

Close Date

22 Mar 2022

Allotment

25 Mar 2022

Listing Date

30 Mar 2022

Exchange

BSE SME

Price Band

₹27

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹27

Per share

Face Value

₹10 per share

Lot Size

4,000 Shares

per lot

Issue Size

36,00,000 shares (aggregating up to ₹9.72 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹108,000

1 lot

Pre-IPO Holding

1,00,00,000 shares

Promoters

Post-IPO Holding

1,36,00,000 shares

Promoters

P/E (Pre)

33.75x

UPI Deadline

2022-03-22

Mandate

Anchor AllotmentWed, 16 Mar 2022

Basis of AllotmentFri, 25 Mar 2022

Refund InitiationMon, 28 Mar 2022

Demat CreditTue, 29 Mar 2022

Listing DayWed, 30 Mar 2022

UPI Mandate Deadline2022-03-22

Sale TypeFresh Capital

Net Offer to Public34,20,000 shares (aggregating up to ₹9.23 Cr)

Market Maker Quota1,80,000 shares (aggregating up to ₹0.4860 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Evoq Remedies Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 22 Mar 2022.

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	180,000	—	₹0.49
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,600,000	100%	₹9.72

IPO Shares Offered

Evoq Remedies Ltd. IPO total issue size: ₹9.72 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	180,000	₹0.49	5.00%
Total	3,600,000	₹9.72	100.00%

* Based on upper price band ₹27 per share

Lot Size & Investment

Lot Size

4,000

Shares per Lot

Issue Price

₹27.00

Upper Band

Min Investment

₹108,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	8,000	₹216,000
Retail (Max — 13 Lots)	13	52,000	₹1,404,000
S-HNI (Min — 14 Lots)	14	56,000	₹1,512,000
B-HNI (Min — 68 Lots)	68	272,000	₹7,344,000

* Issue Price ₹27 × Lot Size 4,000 shares

IPO Schedule

Anchor

16 Mar 2022

✓ Done

IPO Open

17 Mar 2022

✓ Done

IPO Close

22 Mar 2022

✓ Done

Allotment

25 Mar 2022

✓ Done

Refunds

28 Mar 2022

✓ Done

Demat Credit

29 Mar 2022

✓ Done

Listing Day

30 Mar 2022

✓ Done

₹27.00

INR · BSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹27.00 Live Price

About Evoq Remedies Ltd.

Incorporated in 2010, EVOQ Remedies Limited specializes in offering quality Pharmaceuticals Raw Material products, Excipients, and Bulk Drugs at an affordable prices. The company procures all the products from WHO-GMP certified & reliable Manufacturers & Importers, who follow procedures as per the stringent national and international quality and safety standards.Competitive strengths:Experienced Management Team.Continue to develop client relationships and Trust.Supplying the best quality products at the most reasonable prices.

Objects of the Issue

1 To Meet Incremental Working Capital Requirements

2 General Corporate Purpose

Evoq Remedies Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹907.2

31-Mar-20

₹1,002.5

31-Mar-21

₹1,056.6

10-Feb-22

Profit After Tax (PAT)

₹0.0

31-Mar-20

₹71.4

31-Mar-21

₹93.7

10-Feb-22

Particulars	10-Feb-22	31-Mar-21	31-Mar-20
Revenue from Operations	1056.58	1002.48	907.21
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	93.67	71.38	0.03
Net Worth	N/A	N/A	N/A
Total Assets	2660.58	804.63	565.22
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 Offered36,00,000 (100.00%)

Net Offer to Public34,20,000 shares (aggregating up to ₹9.23 Cr)

Reserved for Market Maker1,80,000 shares (aggregating up to ₹0.4860 Cr)

Pre-Issue Promoter Holding1,00,00,000 shares

Post-Issue Promoter Holding1,36,00,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Swastika Investmart Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Evoq Remedies Ltd. IPO subscribed? ▲

Evoq Remedies Ltd. IPO is subscribed 1.00 times by Mar 22, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Evoq Remedies Ltd. IPO retail subscription status? ▼

The Evoq Remedies Ltd. IPO retail category is subscribed 1.00 times as of 22 Mar 2022. The retail portion is oversubscribed.

How to subscribe Evoq Remedies Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 17 Mar 2022 and closes 22 Mar 2022. Min investment: ₹108,000 (1 lot = 4,000 shares). UPI mandate: 2022-03-22.

How many times Evoq Remedies Ltd. IPO subscribed? ▼

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

How to check Evoq Remedies 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: 25 Mar 2022. Refunds: on 28 Mar 2022.

When Evoq Remedies Ltd. IPO will be listed? ▼

The Evoq Remedies Ltd. IPO listing date is 30 Mar 2022, Wednesday. Listed on: BSE SME. Issue price: ₹27. Estimated listing: ₹27. GMP: NIL.

When Evoq Remedies Ltd. IPO close? ▼

The Evoq Remedies Ltd. IPO closes on 22 Mar 2022, Tuesday. UPI mandate: 2022-03-22. Allotment: 25 Mar 2022. Listing: 30 Mar 2022.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹27.00

Change—

Issue Price₹27.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹27

Face Value₹10

Lot Size4,000 Sh

Min. Amount₹108,000

GMPNIL

Est. Listing₹27

Subscribed1.00x

Open Date17 Mar 2022

Close Date22 Mar 2022

Allotment25 Mar 2022

Listing Date30 Mar 2022

ExchangeBSE SME

UPI Deadline2022-03-22