Evoq Remedies Limited IPO

BSE SME

Listed On: Mar 30, 2022 at ₹ 25.0

₹ 108000 /4000 Shares

Check Allotment

IPO Details

17 Mar, 2022

Open Date

22 Mar, 2022

Close Date

28 Mar, 2022

Allotment Date

30 Mar, 2022

Listing Date

Issue Price

₹27 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

25.0

Listing Date

2022-03-30

Market Lot

4000 Shares (₹108,000/-)

Lead Manager

Swastika Investmart Ltd

Issue Size

3,600,000 Eq Shares of ₹10(aggregating up to ₹9.72 Cr)

Retail Portion

N/A

Subscription

1.67 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,710,000	1,710,000	3,420,000
Day 1 - 17-03-22 06:00 PM	0.11 x	0.26 x	0.19 x
Day 2 - 21-03-22 06:00 PM	0.27 x	1.12 x	0.70 x
Day 3 - 22-03-22 06:00 PM	0.30 x	3.03 x	1.67 x

Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Company Financials All values are in ₹ Cr.

	1-Feb-22	31-Mar-21	31-Mar-20	31-Mar-19
Assets	26.60	8.04	5.65	2.14
Revenue	10.56	10.02	9.07	3.25
Profit After Tax	0.93	0.71	0.003	0.01

About The Company

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.

- Promoter(s)

Pre Issue Share Holding: 99.99%

Post Issue Share Holding: 73.53%

Company Promoter(s)

Mr. Bhumishth Narendrabhai Patel
Mrs. Payal Bhumishth Pate

IPO - Issue Objectives

To Meet Incremental Working Capital Requirements.
Meet issue related expense.
General Corporate Purpose.

IPO - FAQs

Ans. Evoq Remedies Limited IPO is a SME IPO. The issue is priced at ₹27 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on Mar 17, 2022, and closes on Mar 22, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Evoq Remedies Limited IPO opens on Mar 17, 2022 and closes on Mar 22, 2022.

Ans. The size of Evoq Remedies Limited IPO is 3,600,000 Eq Shares of ₹10(aggregating up to ₹9.72 Cr).

Ans. The IPO price band is set between ₹27 per equity share.

Ans. To apply for Evoq Remedies Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Evoq Remedies 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 Evoq Remedies Limited IPO is Mar 28, 2022.

Ans. The Evoq Remedies Limited IPO will be listed on Mar 30, 2022.

Ans. Follow the steps to check the allotment status for Evoq Remedies Limited IPO here.