Earum Pharmaceuticals Limited IPO
BSE SME₹ 216000 /6000 Shares
*Min Investment
21 Jun, 2019
Open Date26 Jun, 2019
Close Date02 Jul, 2019
Allotment Date04 Jul, 2019
Listing DateIPO Issue Details
- Issue Price Rs 36/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price 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
- Listing at BSE SME
- Lead Manager Hem Securities Limited
- Registrar Bigshare Services Private Ltd
IPO Details
- Retail Portion N/A
IPO Details
Earum Pharmaceuticals Limited IPO is an SME IPO, priced at Rs 36/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jun 21, 2019 to Jun 26, 2019. The allotment is expected to be finalized on Jul 2, 2019, and the tentative listing date is Jul 4, 2019.
The registrar of the IPO is Bigshare Services Private Ltd, and
IPO Subscription Analysis And 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
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 - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| 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 |
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. You can track the real-time subscription numbers using the links below:
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 Earum Pharmaceuticals Limited IPO price band is set between Rs 36/- Per Equity Share .
Ans. To apply for Earum Pharmaceuticals Limited 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 Earum Pharmaceuticals Limited IPO allotment status online.
