{"id":7817,"date":"2024-06-29T12:40:30","date_gmt":"2024-06-29T07:10:30","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=7817"},"modified":"2024-07-02T10:39:51","modified_gmt":"2024-07-02T05:09:51","slug":"emcure-pharma-ipo-details","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/emcure-pharma-ipo-details\/","title":{"rendered":"Emcure Pharma IPO Details - Complete Overview of Emcure Pharmaceuticals Limited\u00a0IPO"},"content":{"rendered":"\n<p><strong>Emcure Pharma IPO Price: <\/strong>\u20b9960 to \u20b91008 per share<strong><br>IPO Date Range:<\/strong> 3 July 2024 - 5 July 2024<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:35%\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"225\" height=\"225\" src=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/06\/Emcure_pharma_logo.png\" alt=\"Emcure Pharma IPO\" class=\"wp-image-7846\" style=\"width:256px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/06\/Emcure_pharma_logo.png 225w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/06\/Emcure_pharma_logo-45x45.png 45w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/06\/Emcure_pharma_logo-96x96.png 96w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/06\/Emcure_pharma_logo-150x150.png 150w\" sizes=\"(max-width: 225px) 100vw, 225px\" \/><\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:65%\">\n<h2 class=\"wp-block-heading\">Company Overview<\/h2>\n\n\n\n<p>Incorporated in 1981, Emcure Pharmaceuticals Limited is an Indian pharmaceutical company that develops, manufactures, and globally markets a wide range of pharmaceutical products across several major therapeutic areas. Emcure Pharmaceuticals has established a strong presence in the Indian market, ranking 13th in domestic sales among pharmaceutical companies for MAT September 2023 and achieving the leading position in gynaecology and HIV antiviral therapeutic areas. <\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Manufacturing and Research Capabilities<\/h2>\n\n\n\n<p>Emcure Pharmaceuticals Limited operates 13 manufacturing facilities in India, producing a diverse range of pharmaceutical and biopharmaceutical products, including pills, liquids, injectables, and complex ingredients such as chiral molecules, iron molecules, and cytotoxic substances. The company employs 552 scientists and runs five research facilities in India. As of September 30, 2023, Emcure had filed over 1,800 documents globally, including 204 in the EU and 133 in Canada, with 201 granted patents and 33 pending patent applications.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Market Presence and Distribution Network<\/h2>\n\n\n\n<p>The company's marketing and distribution network in India is supported by over 5,000 field personnel who regularly interact with healthcare providers. Emcure\u2019s extensive distribution network includes over 5,000 stockists, served by 37 carry-and-forward agents, ensuring a broad reach within the country. Their differentiated product portfolio, which includes orals, injectables, and biotherapeutics, has enabled Emcure to penetrate markets across over 70 countries, with a strong presence in India, Europe, and Canada.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Strengths and Future Prospects<\/h2>\n\n\n\n<p>Emcure Pharmaceuticals competitive advantage in the domestic market is driven by its diversified product portfolio, which has established a significant presence in major therapeutic areas like gynecology, cardiovascular, vitamins, minerals and nutrients, HIV antivirals, blood-related, and oncology\/antineoplastics. Chronic therapeutic areas, which are expected to grow faster than acute ones, contributed significantly to the company's domestic sales. Emcure\u2019s strengths include its brand-building capabilities, extensive and diversified manufacturing capacity, and strong R&amp;D capabilities. The company is led by experienced promoters and a professional management team, positioning it well for future growth.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-background has-medium-font-size\" style=\"background:linear-gradient(115deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);font-style:normal;font-weight:700\">Bidding Starts In<\/h2>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-uagb-countdown uagb-block-3d225132\"><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-days\"><div role=\"timer\" aria-live=\"off\" class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-days\">-<\/div><div class=\"wp-block-uagb-countdown__label\">DAYS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-hours\"><div role=\"timer\" aria-live=\"off\" class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-hours\">-<\/div><div class=\"wp-block-uagb-countdown__label\">HOURS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-minutes\"><div role=\"timer\" aria-live=\"off\" class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-minutes\">-<\/div><div class=\"wp-block-uagb-countdown__label\">MINUTES<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-seconds\"><div role=\"timer\" aria-live=\"off\" class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-seconds\">-<\/div><div class=\"wp-block-uagb-countdown__label\">SECONDS<\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-marketing-button uagb-marketing-btn__align-center uagb-marketing-btn__align-text-center uagb-marketing-btn__icon-after uagb-block-5217ab29 wp-block-button\"><a href=\"https:\/\/lakshmishree.com\/ipo\/\" class=\"uagb-marketing-btn__link wp-block-button__link\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"uagb-marketing-btn__title\">APPLY NOW<\/span><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><path d=\"M384 320c-17.67 0-32 14.33-32 32v96H64V160h96c17.67 0 32-14.32 32-32s-14.33-32-32-32L64 96c-35.35 0-64 28.65-64 64V448c0 35.34 28.65 64 64 64h288c35.35 0 64-28.66 64-64v-96C416 334.3 401.7 320 384 320zM488 0H352c-12.94 0-24.62 7.797-29.56 19.75c-4.969 11.97-2.219 25.72 6.938 34.88L370.8 96L169.4 297.4c-12.5 12.5-12.5 32.75 0 45.25C175.6 348.9 183.8 352 192 352s16.38-3.125 22.62-9.375L416 141.3l41.38 41.38c9.156 9.141 22.88 11.84 34.88 6.938C504.2 184.6 512 172.9 512 160V24C512 10.74 501.3 0 488 0z\"><\/path><\/svg><p class=\"uagb-marketing-btn__prefix\">Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Emcure Pharma IPO Specifics:<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-b16ad781 wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>July 3, 2024 to July 5, 2024<\/td><\/tr><tr><td>Listing Date<\/td><td>Wednesday, July 10, 2024<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b910 per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9960 to \u20b91008 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>14 Shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>19,365,346 shares<br>(aggregating up to \u20b91,952.03 Cr)<\/td><\/tr><tr><td>Fresh Issue<\/td><td>7,936,507 shares<br>(aggregating up to \u20b9800.00 Cr)<\/td><\/tr><tr><td>Offer For Sale<\/td><td>11,428,839 shares<br>(aggregating up to \u20b91,152.03 Cr)<\/td><\/tr><tr><td>Employee Discount<\/td><td>Rs 90 per share<\/td><\/tr><tr><td>Issue Type<\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share holding pre issue<\/td><td>180,852,116<\/td><\/tr><tr><td>Share holding post issue<\/td><td>188,788,623<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Emcure Pharma IPO Lot Size<\/h2>\n\n\n\n<p>Bidders have the opportunity to bid for a minimum of 14 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-b16ad781 wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>14<\/td><td>\u20b914,112<\/td><\/tr><tr><td>Retail (Max)<\/td><td>14<\/td><td>196<\/td><td>\u20b9197,568<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>15<\/td><td>210<\/td><td>\u20b9211,680<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>70<\/td><td>980<\/td><td>\u20b9987,840<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>71<\/td><td>994<\/td><td>\u20b91,001,952<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Emcure Pharma IPO Reservation<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-b16ad781 wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Net offer<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 35% of the Offer<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Offer<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Emcure Pharma IPO Timetable (Important Dates)<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-b16ad781 wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Wednesday, July 3, 2024<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Friday, July 5 2024<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Monday, July 8, 2024<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Tuesday, July 9, 2024<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Tuesday, July 9, 2024<\/td><\/tr><tr><td>Listing Date<\/td><td>Wednesday, July 10, 2024<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on July 5, 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-uagb-advanced-heading uagb-block-b994fb1e\"><h2 class=\"uagb-heading-text\">Don't Miss Out!<\/h2><div class=\"uagb-separator\"><\/div><p class=\"uagb-desc-text\">Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 is-style-fill\"><a class=\"wp-block-button__link has-vivid-red-background-color has-background has-text-align-center wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" target=\"_blank\" rel=\"noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Emcure Pharmaceuticals Limited IPO Financial Information<\/h2>\n\n\n\n<p>Emcure Pharmaceuticals Limited saw an 11.33% increase in revenue, while its profit after tax (PAT) decreased by 6.1% between the financial years ending March 31, 2024, and March 31, 2023.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-b16ad781 wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2022<\/th><th>31 Mar 2023<\/th><th>31 Mar 2024<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>6063.47<\/td><td>6672.53<\/td><td>7806.16<\/td><\/tr><tr><td>Revenue<\/td><td>5918.86<\/td><td>6031.72<\/td><td>6715.24<\/td><\/tr><tr><td>Profit After Tax<\/td><td>702.56<\/td><td>561.85<\/td><td>527.58<\/td><\/tr><tr><td>Net Worth<\/td><td>1987.55<\/td><td>2501.13<\/td><td>2952.28<\/td><\/tr><tr><td>Reserves &amp; Surplus<\/td><td>1791.03<\/td><td>2293.77<\/td><td>2722.40<\/td><\/tr><tr><td>Total Borrowing<\/td><td>2102.19<\/td><td>2202.42<\/td><td>2091.94<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><small>Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator - Emcure Pharma IPO<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-b16ad781 wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>Market Cap<\/td><td>Rs 19029.89 Cr<\/td><\/tr><tr><td>EPS<\/td><td>Rs 29.17<\/td><\/tr><tr><td>P\/E (x)<\/td><td>34.55<\/td><\/tr><tr><td>ROE<\/td><td>16.90%<\/td><\/tr><tr><td>ROCE<\/td><td>19.37%<\/td><\/tr><tr><td>Debt\/ Equity<\/td><td>0.67<\/td><\/tr><tr><td>RoNW<\/td><td>16.87%<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p>The company plans to use the net proceeds for the following purposes:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Repayment and\/or prepayment of all or part of certain outstanding borrowings.<\/li>\n\n\n\n<li>General corporate purposes.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/dec-2023\/emcure-pharmaceuticals-limited-drhp_80072.html\" target=\"_blank\" rel=\"noopener\">Emcure Pharmaceuticals Limited DRHP<\/a> and <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/jun-2024\/emcure-pharmaceuticals-limited-rhp_84516.html\" target=\"_blank\" rel=\"noopener\">Emcure Pharmaceuticals Limited RHP<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Frequently Asked Questions<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-e0c8c4f4\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1693390748634\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390791940\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Why do companies go public with an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390691805\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is the price range for the \"Emcure Pharmaceuticals Limited\" IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The price range for the\"Emcure Pharmaceuticals Limited\" IPO is \u20b9960 to \u20b91,008 per share.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390728061\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">When will the \"Emcure Pharmaceuticals Limited\" IPO be listed on the stock exchange?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The \"Emcure Pharmaceuticals Limited\" IPO is expected to be listed on Wednesday, 10 July 2024.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390318021\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How to apply for an IPO with Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>To apply for an IPO with Lakshmishree:<br \/>Go to www.lakshmishree.com\/ipo<br \/>Select the desired IPO and fill in the required details.<br \/>Confirm your application and make the payment.<br \/>Once applied, you can track the status of your application on the platform or get in your registered Email ID.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390631857\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How can I check the subscription status of an IPO on Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Emcure Pharma IPO Price: \u20b9960 to \u20b91008 per shareIPO Date Range: 3 July 2024 - 5 July 2024 Company Overview Incorporated in 1981, Emcure Pharmaceuticals Limited is an Indian pharmaceutical company that develops, manufactures, and globally markets a wide range of pharmaceutical products across several major therapeutic areas. Emcure Pharmaceuticals has established a strong presence [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7850,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[517,324,325],"class_list":["post-7817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-emcure-pharma-ipo","tag-ipo","tag-upcomingipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/7817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=7817"}],"version-history":[{"count":5,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/7817\/revisions"}],"predecessor-version":[{"id":7924,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/7817\/revisions\/7924"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/7850"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=7817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=7817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=7817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}