Mono Pharmacare IPO: Latest GMP Price – Subscription Open Now! Check Closing Date, Allotment Date, Listing Date – All Details

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The Initial Public Offering of Mono Pharmacare has open for subscription on Monday, August 28 and will close on Wednesday, August 30. The IPO of Mono Pharmacare is Book Built Issue with a total issue size of Rs 14.84 crore. Following the allotment of shares to the subscribers, the share would list on NSE SME.

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Mono Pharmacare IPO: About the Company

The Mon Pharmacare Limited is engaged in the business of marketing and distribution of pharmaceutical products. The company offers health care products, antibiotic medicines, Cough Cold Anti Allergic medicines, Antifungal medicines, Nutraceutical medicines, Analgesic & Antipyretic medicines, Antacid and Antiemetics medicines, Cardiac-Diabetic medicines and cosmocare products.

Mono Pharmacare IPO: GMPThe shares of Mono Pharmacare is currently trading at a premium of Rs 5(+/-) per share in the grey market according to several websites tracking grey market premium.

Mono Pharmacare IPO: Allotment DateThe shares of Mono Pharmacare IPO are likely be allotted to the subscribers on Monday, September 4.

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Mono Pharmacare IPO: Price RangeThe price range of Mono Pharmacare is Rs 26 to Rs 28 per share.

Mono Pharmacare IPO: Listing DateFollowing the allotment and credit of shares to the demat account of the subscribers, the shares are likely to be listed on the stock exchange on Thursday, September 7, 2023.

Mono Pharmacare IPO: Lot Size The minimum lot size of Mono Pharmacare IPO is 4000 shares.

Mono Pharmacare IPO: InvestmentThe minimum investment for Mono Pharmacare IPO is (4000xRs 26)= Rs 1,04,000 while the maximum investment is (4000xRs 28)= Rs 1,12,000.

Mono Pharmacare IPO: RegistrarThe registrar of Mono Pharmacare IPO is Bigshare Services Pvt Ltd.

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Mono Pharmacare IPO: Objectives of the IssueThe company plans to use the proceeds of the issue towards funding the working capital requirements, general corporate purposes and to meet the issue expenses.