IPO Trending
ENTEROEQ / NSE, BSEListed
Entero Healthcare Solutions

Entero Healthcare Solutions Limited was founded in 2018 and is a leading distributor of healthcare products in India. Using a technology-driven platform, the company supplies healthcare products to pharmacies, hospitals, and clinics across the country. Key Highlights: Growing Customer Base: Served 39,500+ retail customers in 2021, 64,200+ in 2022, and 81,400+ in 2023. Also served 1,600+ hospitals in 2021, 2,500+ in 2022, and 3,400+ in 2023. Strong Manufacturer Network: Partnered with 1,900+ healthcare product manufacturers, offering access to 64,500+ product SKUs (as of March 31, 2023). Extensive Infrastructure: Operates 73 warehouses in 37 cities across 19 states and union territories, covering 495 districts in India. Large Workforce: As of March 31, 2023, the company has 3,014 employees across various departments. With its vast distribution network and strong industry relationships, Entero Healthcare Solutions continues to expand its reach in the healthcare sector.

₹1,195 - ₹1,2581.56x sub
Listed Price₹1228.70
Listing Gain-2.33%

IPO Schedule & Timeline

Book Built Issue IPO
Open09 Feb 2024
Close13 Feb 2024
Allotment14 Feb 2024
Listing16 Feb 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail12,65,500 shares
9.95%
Nii(hni)18,98,251 shares
14.92%
QIB37,96,503 shares
29.85%
Employees70,237 shares
0.55%

Minimum Application Lots

Retail1 Lot (11 shares)
₹13,838
sHNI15 Lots (165 shares)
₹2,07,570
bHNI73 Lots (803 shares)
₹10,10,174

Company Promoters

Prabhat AgrawalPrem SethiOrbiMed Asia III Mauritius Limited

Company Background

Entero Healthcare Solutions Limited was founded in 2018 and is a leading distributor of healthcare products in India. Using a technology-driven platform, the company supplies healthcare products to pharmacies, hospitals, and clinics across the country. Key Highlights: Growing Customer Base: Served 39,500+ retail customers in 2021, 64,200+ in 2022, and 81,400...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-23)₹3305.72 Cr
Growth+85.3%
Revenue Trend (₹ in Crores)
0.01.3k2.5k3.8kMar-21Mar-22Mar-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-233,305.72-11.101,308.73373.52
Mar-222,526.55-29.441,125.98285.03
Mar-211,783.67-15.35833.79141.70

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
20239.7-2.66%6.05%-3.150
20220-7.35%1.49%00
20210-4.23%1.88%00

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: Link Intime India Private Limited

Allotment Finalized
Allotment Date
14 Feb 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
16 Feb 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Entero Healthcare Solutions. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization14 Feb 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date16 Feb 2024Trading commences on exchange

How to Check Entero Healthcare Solutions Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Entero Healthcare Solutions from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Entero Healthcare Solutions IPO

Complete issue overview for Entero Healthcare Solutions (ENTERO) IPO. The issue features an equity share price band of ₹1195 – ₹1258 per share with a minimum retail lot size of 11 Shares (minimum application amount of ₹13,838). 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.

Frequently Asked Questions