HomeIPO SMEEVOQ Remedies IPO Details

EVOQ Remedies IPO Details

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EVOQ Remedies IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

Listing Date

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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

February 24th,2010The company was incorporated as “Salus Life Science and Research Private Limited” at Ahmedabad, Gujarat
July 15th, 2019The name of the company was changed to “Evoq Remedies Private Limited”
July 28th, 2021Consequent 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

DescriptionEVOQ IPO Details
Public IssueInitial Public Issue of upto 36,00,000 Equity Shares  of ₹ 10 (aggregating up to ₹ 972 lakhs)
Issue Open  Date17-Mar-22
Issue Close Date22-Mar-22
Issue TypeFixed 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 InvestorRs. 2,00,000
Listing BSE SME
IPO Market Timings 10.00 a.m. to 5.00 p.m.



ApplicationLotsNo of SharesAmount (Rs)
Minimum14000₹ 1,08,000

EVOQ IPO Lead Managers

  • Swastika Investmart Limited

EVOQ IPO Registrar

EVOQ Remedies IPO Allotment Date, Listing Date and other Important Dates

Bid / Offer Opens on17-Mar-22
Bid / Offer Closes on22-Mar-22
Finalisation of Basis of Allotment25-Mar-22
Initiation of refunds 28-Mar-22
Credit of the Equity Shares29-Mar-22
Listing Date30-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,

Company Corporate Office

A-1106, Empire Business Hub,
Near AUDA Water Tank,
Science City Road,
Sola Ahmedabad -380060,
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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