Evoq Remedies IPO Details:
- 1 When is Evoq Remedies IPO Launching?
- 2 Evoq Remedies IPO Lot Size
- 3 Evoq Remedies IPO Share Price
- 4 Evoq Remedies IPO Promoter Holding
- 5 Evoq Remedies IPO Board of Directors
- 6 Evoq Remedies IPO Company Financials
- 7 About Evoq Remedies IPO
- 8 Company Contact Information
- 9 Evoq Remedies IPO GMP Today
- 10 How to apply for Evoq Remedies IPO
- 11 Final Review
When is Evoq Remedies IPO Launching?
Evoq Remedies IPO will be open on 17 March 2022 and close on 22 March 2022.
Evoq Remedies IPO Lot Size
The Evoq Remedies IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lot (4000 shares or ₹108,000).
Evoq Remedies IPO is a SME IPO of 3,600,000 equity shares of the face value of ₹10 aggregating up to ₹9.72 Crores. The issue is priced at ₹27 per equity share. The minimum order quantity is 4000 Shares.
Evoq Remedies IPO Promoter Holding
Mr. Bhumishth Narendrabhai Patel and Mrs. Payal Bhumishth Patel are the company promoters.
|Pre Issue Share Holding||99.99%|
|Post Issue Share Holding||73.53%|
Evoq Remedies IPO Board of Directors
The company’s board of directors includes Tej Bharatkumar Hanj, Tarunkumar Gunvantlal Patel, Digesh Deshaval, Pranav Manoj Vajani, Payal Bhumishth Patel, Bhumishth Narendrabhai Patel, Bhumishth Narendrabhai Patel.
Evoq Remedies IPO Company Financials
|Summary of financial Information (Restated Consolidated)|
|Particulars||For the year/period ended (Rs in Lakhs)|
|Profit After Tax||93.67||71.38||0.03||1.11|
About Evoq Remedies IPO
Established in 2010, EVOQ Remedies Limited works in offering quality Pharmaceuticals Raw Material products, Excipients, and Bulk Drugs at reasonable costs. The company gets every one of the products from WHO-GMP certified and reliable Manufacturers and Importers, who follow procedures according to the tough national and international quality and safety standards.
Company Contact Information
Evoq Remedies Limited
A-1106, Empire Business Hub
Near AUDA Water Tank,
Science City Road, Sola, Ahmedabad-380060
Evoq Remedies IPO GMP Today
How to apply for Evoq Remedies IPO
Apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The company has posted a dull performance up until this point. The abrupt lift in bottom lines since FY21 onwards seems window dressing to prepare for extravagant pricing of this IPO. The manageability of such performance going ahead is a central issue. In light of its financial parameters, the issue is forcefully priced. It is operating on third party deals just and has no assets. Taking into account every one of these, there is no mischief in overlooking this highly-priced IPO.
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