Earum Pharmaceuticals Ltd IPO

Closed

Subscription Details

  • Open Date 21 Jun
  • Close Date 26 Jun
  • Lot Size 3000
  • IPO Size ₹ 6.65 Cr
  • IPO Price Range ₹ 36
  • Min Investment ₹ 108000

Earum Pharmaceuticals Ltd IPO Timeline

Open Date
21 Jun
Close Date
26 Jun
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial Public Offer of 18,48,000 equity shares of face value of Rs.10 each (the equity shares) of Earum Pharmaceuticals Limited (the company or epl or the issuer) at an issue price of Rs.36 per equity share for cash, aggregating up to Rs. 6.65 Crores (public issue) out of which 96,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 36 per equity share for cash, aggregating Rs. 0.35 Crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). the public issue less market maker reservation portion i.e. issue of 17,52,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 36 per equity share for cash, aggregating upto Rs. 6.31 Crores is here in after referred to as the net issue. the public issue and net issue will constitute 29.96% and 28.41 % respectively of the post issue paid-up equity share capital of the company. The face value of the equity share is Rs.10 each. Fixed Price issue at Rs.36 per share and is 3.6 times of the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Earum Pharmaceuticals Ltd IPO

Contact Information

Address

G1 Ground Floor VR Complex,
Nr Sanathal Cross Rd SP RingRd,
Ahmedabad, Gujarat 382210

Earum Pharmaceuticals Ltd IPO Lead Manager

Hem Securities Ltd
Open Demat Account