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Evoq Remedies Limited

Offer PeriodMar 17, 2022 – Mar 22, 2022
Listed Price
₹25.00
-7.41%
Price Band₹27 - ₹27
Lot Size4,000 Shares
Allotment DateMar 28, 2022
Listing DateMar 30, 2022
Subscription-
Issue Size₹9.72 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

The public market debut of Evoq Remedies Limited's was completed on Mar 30, 2022 with its listing on the BSE exchange. The IPO process raised 36,00,000 Shares in total capital, consisting of 36,00,000 Shares in new equity.

The offering featured a price range of ₹27 to ₹27 and minimum application size of 4000 shares. Investor response during the subscription period from Mar 17, 2022 to Mar 22, 2022 influenced the final allotment ratios across investor categories.

Final allotment was announced on Mar 28, 2022, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.

Evoq Remedies IPO Details
IPO Date
:
Mar 17, 2022 to Mar 22, 2022
Allotment Date
:
Mar 28, 2022
List Date
:
Mar 30, 2022
Lot Size
:
4,000 share
Issue Price
:
₹27 - ₹27
Issue Size
:
36,00,000 (aggregating up to 9.72 Cr)
Fresh Issue
:
36,00,000 (aggregating up to 9.72 Cr)
Offer For Sale
:
-
Listing At
:
BSE
Share Holding Pre-Issue
:
1,00,00,000
Share Holding Post-Issue
:
1,36,00,000
Market Marker Portion
:
1,80,000
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares36,00,000
Market Maker
5.00%(1,80,000)
NII (HNI)
47.50%(17,10,000)
RETAIL
47.50%(17,10,000)
Total
100.00%(36,00,000)
Evoq Remedies IPO Key Performance Indicators
Company Financials (in Lakhs)
Evoq Remedies IPO About Company

Founded in 2010, EVOQ Remedies Limited provides high-quality pharmaceutical raw materials, excipients, and bulk drugs at affordable prices. The company sources its products from trusted WHO-GMP certified manufacturers and importers, ensuring they meet strict national and international quality standards.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

Evoq Remedies IPO Strength Factors
  1. Experienced Management: Led by a skilled and knowledgeable leadership team.
  2. Strong Client Trust: Builds and maintains long-term relationships with customers.
  3. Quality at Fair Prices: Delivers high-quality products at reasonable prices.
⚠️Evoq Remedies IPO Risk Factors

NA

🏦Evoq Remedies IPO Lead Manager(s)
Swastika Investmart Limited
👤Evoq Remedies IPO Promoter(s)
  1. Mr. Bhumishth Narendrabhai Patel
  2. Mrs. Payal Bhumishth Patel
🏢Evoq Remedies IPO Company Details

Evoq Remedies Limited

Phone:7948402525
address:A-1106, Empire Business Hub Near AUDA Water Tank, Science City Road, Sola, Ahmedabad-380060
📋Evoq Remedies IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited
Phone:+91-22-6263 8200
Evoq Remedies IPO FAQs
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