EVOQ remedies IPO specializes in offering quality Pharmaceuticals Raw Material products, Excipients, and Bulk Drugs at an affordable price.
EVOQ remedies IPO – overview
| IPO Dates | 17-22 March 2022 |
| IPO Price | INR 27 per share |
| Fresh issue | 3,600,000 shares (INR 9.72 crore) |
| Offer For Sale | Nil |
| Total IPO size | 3,600,000 shares (INR 9.72 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
EVOQ remedies IPO – Tentative Dates
| IPO Offer Opening Date | 17 March 2022 |
| IPO Closing Date | 22 March 2022 |
| Finalization of Basis of Allotment | 25 March 2022 |
| Initiation of refunds | 28 March 2022 |
| Transfer of shares to demat accounts | 29 March 2022 |
| IPO Listing Date | 30 March 2022 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
Incorporated in 2010, EVOQ Remedies Limited specializes in offering quality Pharmaceuticals Raw Material products, Excipients, and Bulk Drugs at an affordable price. 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.
Strengths:
- Experienced Management Team.
- Continue to develop client relationships and Trust.
- Supplying the best quality products at the most reasonable prices.
Objectives of the issue
- To Meet Incremental Working Capital Requirements.
- General Corporate Purpose.
- To meet Public Issue Expenses.
Company Financials
| Particulars | 10-Feb-22 | 31-March -21 | 31-Mar-20 |
| Total Assets | 2660.58 | 804.63 | 565.22 |
| Total Revenue | 1056.58 | 1002.48 | 907.21 |
| Profit After Tax | 93.67 | 71.38 | 0.03 |
Company Contact Information
Evoq Remedies Limited
A-1106, Empire Business Hub
Near AUDA Water Tank,
Science City Road, Sola, Ahmedabad-380060
Phone: 7948402525
Email: info@evoqremedies.com
Website: http://www.evoqremedies.com/
Evoq Remedies IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Evoq Remedies IPO Lead Manager(s)
- Swastika Investmart Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
