The Entero Healthcare Solutions IPO is a book-built issuance for Rs 1,600.00 crore. The offering consists of a fresh issue of 0.79 crore shares valued at Rs 1,000.00 crores and an offer for sale of 0.48 crore shares valued at Rs 600.00 crores.
Entero Healthcare Solutions’ initial public offering (IPO) begins on February 9, 2024 and ends on February 13, 2024. The allotment for Entero Healthcare Solutions’ IPO is expected to be concluded on Wednesday, February 14, 2024. The Entero Healthcare Solutions IPO will list on the BSE and NSE, with a tentative listing date of Friday, February 16, 2024.
Entero Healthcare Solutions’ IPO price range is ₹1195 to ₹1258 per share. The minimum lot size for an application is 11 shares. The minimum investment for retail investors is ₹13,838. The minimum lot size investment for sNII is 15 lots (165 shares) for ₹207,570, while for bNII it is 73 lots (803 shares) worth ₹1,010,174.
The issuance contains a reservation of up to 70,625 shares for employees, which are offered at a Rs 119 discount to the issue price.
Entero Healthcare Solutions IPO Details
| IPO Date | February 9, 2024 to February 13, 2024 |
| Listing Date | [.] |
| Face Value | Rs 10 per share |
| Price Band | Rs 1195 to Rs 1258 per share |
| Lot Size | 11 Shares |
| Total Issue Size | 12,718,600 shares (aggregating up to Rs 1,600.00 Cr) |
| Fresh Issue | 7,949,125 shares (aggregating up to Rs 1,000.00 Cr) |
| Offer for Sale | 4,769,475 shares of Rs 10 (aggregating up to Rs 600.00 Cr) |
| Employee Discount | Rs 119 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 16,066,886 |
| Share holding post issue | 24,016,011 |
Entero Healthcare Solutions IPO Timeline
| IPO Open Date | Friday, February 9, 2024 |
| IPO Close Date | Tuesday, February 13, 2024 |
| Basis of Allotment | Wednesday, February 14, 2024 |
| Initiation of Refunds | Thursday, February 15, 2024 |
| Credit of Shares to Demat | Thursday, February 15, 2024 |
| Listing Date | Friday, February 16, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 13, 2024 |
Entero Healthcare Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 11 | Rs 13,838 |
| Retail (Max) | 14 | 154 | Rs 193,732 |
| S-HNI (Min) | 15 | 165 | Rs 207,570 |
| S-HNI (Max) | 72 | 792 | Rs 996,336 |
| B-HNI (Min) | 73 | 803 | Rs 1,010,174 |
