Earum Pharmaceuticals IPO Dates, Review, Price Band, IPO Allotment & Market Lot

Earum Pharmaceuticals Limited incorporated in 2012 based in Ahmedabad. The company is a trader, marketer and distributor of pharmaceutical formulation products. They have 125 drugs formulation products including multivitamins, gynaecology drugs, steroids, anti-biotic drugs, cerebral activator drugs, gastrointestinal drugs, etc. They have around 24 products made by 3rd parties which they are marketing on their own brand. They have domestic and international presence. They sell their products in South East Asia, Latin America and Africa. Earum Pharmaceuticals ipo is a BSE SME IPO. Earum Pharmaceuticals ipo is starting from 21-June and ends on 26-June. The price band is around ₹36 with 3000 market lot. The ipo size is around ₹6.65 rupees.

Earum Pharmaceuticals IPO Review:

• Avoid

Earum Pharmaceuticals IPO Dates & Price Band:

• IPO Open: 21-June-2019
• IPO Close: 26-June-2019
• IPO Size: Approx ₹6.65 Crore
• Face Value: ₹10 Per Equity Share
• Price Band: ₹36 Per Equity Share
• Listing on: BSE SME
• Shares: 1,848,000
• Retail Portion: 50%

Earum Pharmaceuticals IPO Market Lot:

• Shares: Apply for 3,000 Shares (Minimum Lot Size)
• Amount: ₹1,08,000

Earum Pharmaceuticals IPO Allotment & Listing:

• Basis of Allotment: June-2019
• Refunds: June-2019
• Credit to demat accounts: June-2019
• Listing: June-2019

Financial Results:

₹ in Crore
	Revenue	Expenses	PAT
2015	-	-	-
2016	18.63	18.47	0.10
2017	23.69	23.46	0.16
2018	35.85	34.61	0.86
2019 (9M)	34.50	33.31	0.87

Earum Pharmaceuticals IPO Important Links:

• Grey Market Premium
• IPO Subscription Numbers

Earum Pharmaceuticals IPO Allotment Status:

• IPO Allotment Status
  

Company Promoters:

• Mr Bhumishth Narendrabhai Patel
• Mrs Payal Bhumishth Patel

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Private Limited
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072
Phone: +91 22 4043 0200
Fax: +91 22 2847 5201
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

IPO Lead Managers:

• Hem Securities Ltd

Company Address:
Earum Pharmaceuticals Limited
A-1106, Empire Business Hub
Nr. AUDA Water Tank, Science City Road, Sola
Ahmedabad 380060
Phone: +91 79 48402525
Email: cs@earumpharma.com
Website: www.earumpharma.com