Anondita Medicare Ltd Logo

Anondita Medicare Ltd IPO

NSELot: 1000

LISTEDSME
Issue Price145
Listing203
Current953
Price Band
137 - ₹145
Lot Size
1,000
Issue Size
₹69.5 Cr
GMP
0
Subscription
3.44x

IPO Schedule

1
Open
22 Aug
2
Close
26 Aug
3
Allotment
28 Aug
4
Listing
1 Sept

About Anondita Medicare Ltd

Anondita Healthcare Ltd. is an Indian pharmaceutical company focused on manufacturing and marketing a range of pharmaceutical formulations including tablets, capsules, and oral liquids. Their operations are primarily geared towards serving the domestic market with a diverse product portfolio across therapeutic areas.

Subscription Status

QIB
0.11x
NII
1.93x
Retail
5.99x
CategoryDay 3Day 2Day 1
QIB153.03x2.17x0.11x
NII531.82x56.77x1.93x
Retail286.20x56.63x5.99x
Total300.89x41.11x3.44x

Risk Factors

Being an SME IPO, liquidity in the secondary market may be limited.
The pharmaceutical industry is subject to stringent regulations and compliance requirements, potentially impacting profitability.
Competition from established players in the pharmaceutical sector could put pressure on market share and pricing.

Promoters & Management

The key management personnel of Anondita Medicare Limited include Mr. Anupam Ghosh, the Managing Director, Mrs. Sonia Ghosh, a Whole-Time Director, Mr. Reshant Ghosh, a Whole-Time Director, Mrs. Sunita Naithani, the Chief Financial Officer, and Ms. Nutan Agrawal, the Company Secretary and Compliance Officer. Mr. Anupam Ghosh has 25 years of experience in the healthcare products industry. Mrs. Sonia Ghosh has 10 years of experience in administrative activities and human resources management. Mr. Reshant Ghosh has 3 years of experience in marketing. Ms. Naithani has 20 years of experience in the finance industry, and Ms. Agrawal has 5 years of experience as a practicing company secretary. The company has constituted an Audit Committee, a Nomination and Remuneration Committee, and a Stakeholders Relationship Committee. The company's Directors do not have any experience of listed companies.