New Delhi: Mono Pharmacare ltd has opened its Initial public offering or IPO for a fresh issue of 276,000 equity shares. The subscription starts on August 28, 2023 and will be available till August 30.
Mono Pharmacare ltd kept the public issue price between Rs 26 to Rs 28 per equity share with the face value of Rs 10 and tick size of Rs 1.
Mono Pharmacare ltd kept the bid lot for the public issue of 4000 equity shares and in multiples thereof with the maximum subscription amount for retail investor is Rs 2,00,000.
Mono Pharmacare ltd IPO has been sponsored by Kotak Mahindra Bank Limited. Bigshare services private limited is the registrar of the IPO.
Shares of Mono Pharmacare ltd are available at a premium of Rs 5 per share in unlisted stock market.
The IPO is expected to be allotted on September 4, 2023.
The public issue will be likely listed on September 7, 2023 on NSE SME exchange.