IPO Trending
MEDPLUSEQ / NSE, BSEListed
Medplus Health Services

Medplus Health Services, incorporated in 2006, is India’s second-largest pharmacy retailer by store count and revenue, offering pharmaceutical and wellness products, including medicines, vitamins, medical devices, test kits, and FMCG items such as personal care, baby care, and hygiene products. It is the first pharmacy retailer in India to provide an omnichannel platform, allowing customers to purchase via stores, telephone, online, and Click and Pick services. As of June 30, 2021, Medplus operates 2,165 stores across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, and Maharashtra, with a cluster-based expansion strategy targeting high-density residential areas. Its warehouses are strategically located in Bengaluru, Chennai, Hyderabad, Vijayawada, Kolkata, Pune, Bhubaneswar, Mumbai, and Nagpur, supporting efficient distribution and operations.

₹780 - ₹796Open
Listed Price₹1040.00
Listing Gain+30.65%

IPO Schedule & Timeline

Bookbuilding IPO
Open13 Dec 2021
Close15 Dec 2021
Allotment20 Dec 2021
Listing23 Dec 2021

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB87,51,852 shares
49.8%
Nii (hni)26,25,556 shares
14.94%
Retail61,26,297 shares
34.86%
Employee69,637 shares
0.4%

Minimum Application Lots

Retail1 Lot (18 shares)
₹14,328
HNI14 Lots (252 shares)
₹2,00,592
bHNI70 Lots (1,260 shares)
₹10,02,960

Company Promoters

Gangadi Madhukar ReddyLone Furrow Investments Private LimitedAgilemed Investments Private Limited

Company Background

Medplus Health Services, incorporated in 2006, is India’s second-largest pharmacy retailer by store count and revenue, offering pharmaceutical and wellness products, including medicines, vitamins, medical devices, test kits, and FMCG items such as personal care, baby care, and hygiene products. It is the first pharmacy retailer in India to provide an omnicha...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-21)₹18908.99 Cr
Growth-17.2%
Revenue Trend (₹ in Crores)
0.011.8k23.7k35.5kMar-19Mar-20Mar-21Sep-21
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-2118,908.99663.6717,464.940
Mar-2130,908.14631.1115,656.580
Mar-2028,878.8717.9413,486.960
Mar-1922,849.40119.229,587.110

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: Kfin Technologies Limited

Allotment Finalized
Allotment Date
20 Dec 2021
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
23 Dec 2021

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Medplus Health Services. 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 Finalization20 Dec 2021Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date23 Dec 2021Trading commences on exchange

How to Check Medplus Health Services Allotment Online

1Open Portal

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

2Select Company

Select Medplus Health Services 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 Medplus Health Services IPO

Complete issue overview for Medplus Health Services (MEDPLUS) IPO. The issue features an equity share price band of ₹780 – ₹796 per share with a minimum retail lot size of 18 Shares (minimum application amount of ₹14,328). 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