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EARUMSME / BSEListed
Earum Pharmaceuticals

Incorporated in 2012, Ahmedabad-based Earum Pharmaceuticals Limited is engaged in the trading, marketing, and distribution of pharmaceutical formulation products, with a portfolio of around 125 formulations including multivitamins, gynaecology drugs, steroids, antibiotics, cerebral activators, and gastrointestinal medicines. The company is also involved in trading active pharmaceutical ingredients such as Amoxicillin Trihydrate IP, Levofloxacin Hemihydrate IP, and Albendazole IP, and operates through two main business models—marketing its own branded formulations and trading generic formulations of other brands, with about 24 products manufactured by third parties and sold under its own brand. Earum Pharmaceuticals operates a well-equipped warehouse in Ahmedabad, Gujarat, and has a presence in both domestic and international markets including South East Asia, Latin America, and Africa, while focusing on expanding its global footprint, improving market capabilities, and maintaining high-quality product standards.

₹36 - ₹36Open
Listed Price₹36.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price IPO
Open21 Jun 2019
Close26 Jun 2019
Allotment01 Jul 2019
Listing04 Jul 2019

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker96,000 shares
5.19%
HNI8,76,000 shares
47.4%
Retail8,76,000 shares
47.4%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,08,000
HNI2 Lots (6,000 shares)
₹2,16,000

Company Promoters

Mr. Bhumishth Narendrabhai PatelMrs. Payal Bhumishth Patel

Company Background

Incorporated in 2012, Ahmedabad-based Earum Pharmaceuticals Limited is engaged in the trading, marketing, and distribution of pharmaceutical formulation products, with a portfolio of around 125 formulations including multivitamins, gynaecology drugs, steroids, antibiotics, cerebral activators, and gastrointestinal medicines. The company is also involved in t...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-18)₹3449.85 Cr
Growth+85.8%
Revenue Trend (₹ in Crores)
0.01.4k2.7k4.1kMar-16Dec-17Mar-18Dec-18
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-183,449.8586.512,741.000
Mar-183,543.6785.652,052.880
Dec-172,333.9515.981,108.450
Mar-161,856.669.76878.710

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
01 Jul 2019
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
04 Jul 2019

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Earum Pharmaceuticals. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization01 Jul 2019Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date04 Jul 2019Trading commences on exchange

How to Check Earum Pharmaceuticals Allotment Online

1Open Portal

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Earum Pharmaceuticals IPO

Complete issue overview for Earum Pharmaceuticals (EARUM) IPO. The issue features an equity share price band of ₹36 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,08,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

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