EVOQ Remedies IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About EVOQ Remedies
- Important Details – EVOQ Remedies
- Objects of the Issue
- EVOQ Remedies Limited Financials:
- EVOQ Remedies IPO Price – Details
- EVOQ IPO DRHP & RHP
- EVOQ IPO Lot Size
- EVOQ IPO Lead Managers
- EVOQ IPO Registrar
- EVOQ Remedies IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Corporate Office
- Company Promoters
- EVOQ Remedies IPO – FAQS
About EVOQ Remedies
The company is one of the recognized trading house of Pharmaceuticals Raw Materials, Excipients, Bulk Drugs at affordable price catering to the customers located in Ahmedabad. EVOQ procure the pharmaceuticals Raw Materials products and chemicals from the suppliers which are having WHO-GMP approved production facilities in India and by focusing on the first-class distribution expertise.
In the area of Pharmaceuticals Raw Materials, Excipients, Bulk Drugs etc., EVOQ Remedies Limited is specializes in offering quality products and affordable trading in Gujarat. EVOQ is have a team of focused industry experts, who have in-depth knowledge of the industry and have with them expertise in offering best solutions for meeting their specific needs. EVOQ procure all the products from certified & reliable Manufacturers & Importers, who follow procedures as per the stringent national and international quality and safety standards.
Important Details – EVOQ Remedies
| Date | Details |
|---|---|
| February 24th,2010 | The company was incorporated as “Salus Life Science and Research Private Limited” at Ahmedabad, Gujarat |
| July 15th, 2019 | The name of the company was changed to “Evoq Remedies Private Limited” |
| July 28th, 2021 | Consequent upon the conversion of the company into public limited company, the name of the company was changed to “Evoq Remedies Limited” |
Objects of the Issue
- To Meet Incremental Working Capital Requirements
- General Corporate Purpose
- To meet Public Issue Expenses
EVOQ Remedies Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 804.63 | 565.22 | 214.78 |
| Total income | 1,002.48 | 907.21 | 325.00 |
| Total Expenses | 907.09 | 907.09 | 323.40 |
| Profit After Tax | 71.38 | 0.03 | 1.11 |
EVOQ Remedies IPO Price – Details
| Description | EVOQ IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 36,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 972 lakhs) |
| Issue Open Date | 17-Mar-22 |
| Issue Close Date | 22-Mar-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 27 |
| Face Value | ₹ 10 |
| Market Lot | 4000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 4000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | EVOQ |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
EVOQ IPO DRHP & RHP
EVOQ IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 4000 | ₹ 1,08,000 |
| Maximum | 1 | 4000 | ₹1,08,000 |
EVOQ IPO Lead Managers
- Swastika Investmart Limited
EVOQ IPO Registrar
EVOQ Remedies IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 17-Mar-22 |
| Bid / Offer Closes on | 22-Mar-22 |
| Finalisation of Basis of Allotment | 25-Mar-22 |
| Initiation of refunds | 28-Mar-22 |
| Credit of the Equity Shares | 29-Mar-22 |
| Listing Date | 30-Mar-22 |
Company Peers – Comparison of Accounting Ratios
The company does not have any listed peers which are comparable in terms of business.
Also Read:
Company Registered Office
F-12-A, First Floor, V R Complex,
Near Sanathal Cross Road,
Santhal Ahmedabad-382210,
Gujarat.
Company Corporate Office
A-1106, Empire Business Hub,
Near AUDA Water Tank,
Science City Road,
Sola Ahmedabad -380060,
Gujarat.
Website: www.evoqremedies.com
Company Promoters
- Mr. Bhumishth Narendrabhai Patel
- Mrs. Payal Bhumishth Patel
EVOQ Remedies IPO – FAQS
What is the EVOQ Remedies IPO Price?
The EVOQ Remedies IPO price band is 27 per share
When EVOQ Remedies IPO will open?
The EVOQ Remedies IPO opens on Mar 17, 2022 and closes on Mar 22, 2022
What is the lot size of EVOQ Remedies IPO?
The EVOQ Remedies IPO lot size is 4000 Equity Shares and the minimum order quantity is 4000 Equity Shares
Who is the Registrar for EVOQ Remedies IPO?
The Registrar for EVOQ Remedies IPO is Bigshare Services Private Limited
How to apply in EVOQ Remedies IPO through UPI?
Check the step by step process here – Click here
How to apply in EVOQ Remedies IPO through Zerodha?
Check the step by step process here – Click here
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