Earum Pharmaceuticals Limited IPO

BSE SME

Offer Date: Jun 21, 2019 - Jun 26, 2019

₹ 108000 /3000 Shares

IPO Details

21 Jun, 2019

Open Date

26 Jun, 2019

Close Date

02 Jul, 2019

Allotment Date

04 Jul, 2019

Listing Date

Issue Price

Rs 36/- Per Equity Share

Face Value

Rs 10/- Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Private Ltd

Market Lot

3000 Shares ( Rs 1,08,000/- )

Lead Manager

Hem Securities Limited

Issue Size

Fresh issue of 18,48,000 Equity Shares of Rs 10/- at a price of Rs 36/- per share aggregating upto Rs 6.65 Cr

Retail Portion

N/A

Subscription

28,02,000 1.60 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	8,76,000	8,76,000	17,52,000
Day 1 - 21-06-2019	10,14,000 1.16 x	18,000 0.02 x	10,32,000 0.59 x
Day 2 - 24-06-2019	11,31,000 1.29 x	2,19,000 0.25 x	13,50,000 0.77 x
Day 3 - 25-06-2019	12,75,000 1.46 x	5,94,000 0.68 x	18,69,000 1.07 x
Day 4 - 26-06-2019	15,03,000 1.72 x	12,99,000 1.48 x	28,02,000 1.60 x

Valuations

Earnings Per Share (EPS)

Rs 1.39/-

P/E Ratio

25.90

RoNW

20.34%

Net Asset Value after issue

Rs 19.02/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Earum Pharmaceuticals Limited	1.89	25.90	20.34%	35.85
Vaishali Pharma Limited	1.24	22.73	3.87%	69.42
Lypsa Jems and Jewellery Limited	0.11	0.83	12.87%	104.15
Goldiam International Limited	0.77	5.98	12.92%	446.38
Swarnasarita Germs Limited	0.24	4.59	4.84%	548.24

- Promoter(s)

Company Promoter(s)

Mr. Bhumishth Narendrabhai Patel
Mrs. Payal Bhumishth Patel

IPO - Issue Objectives

To meet Working Capital Requirements (Rs 5.00 Cr)
General Corporate Purpose (Rs 86.32 Lacs)
To meet issue expenses (Rs 78.96 Lacs)

IPO - FAQs

Ans. Earum Pharmaceuticals Limited IPO is a SME IPO. The issue is priced at Rs 36/- Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on Jun 21, 2019, and closes on Jun 26, 2019. Bigshare Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Earum Pharmaceuticals Limited IPO opens on Jun 21, 2019 and closes on Jun 26, 2019.

Ans. The size of Earum Pharmaceuticals Limited IPO is Fresh issue of 18,48,000 Equity Shares of Rs 10/- at a price of Rs 36/- per share aggregating upto Rs 6.65 Cr.

Ans. The IPO price band is set between Rs 36/- Per Equity Share .

Ans. To apply for Earum Pharmaceuticals Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Earum Pharmaceuticals Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Earum Pharmaceuticals Limited IPO is Jul 2, 2019.

Ans. The Earum Pharmaceuticals Limited IPO will be listed on Jul 4, 2019.

Ans. Follow the steps to check the allotment status for Earum Pharmaceuticals Limited IPO here.