Closed 15 Dec 2021
₹14040
₹796
₹1040
₹1121.15
40.85
Retail Investor can invest upto Rs 2,00,000 in IPO
About the Company
The company is the second largest pharmacy retailer in India, in terms of (i) revenue from operations for the financial year 2021, and (ii) number of stores as of March 31, 2021, according to the Technopak Report. It offers a wide range of products, including (i) pharmaceutical and wellness products, including medicines, vitamins, medical devices and test kits, and (ii) fast-moving consumer goods, such as home and personal care products, including toiletries, baby care products, soaps and detergents, and sanitizers. Its number of stores has grown since the conception of its business and, as of September 30, 2021, the company has operated 546 stores in Karnataka, 475 stores in Tamil Nadu, 474 stores in Telangana, 297 stores in Andhra Pradesh, 224 stores in West Bengal, 221 stores in Maharashtra and 89 stores in Odisha. In terms of number of stores as of March 31, 2021, it ranked 1st in Chennai and Bangalore, and 2nd in Hyderabad and Kolkata, according to the Technopak Report.
Prospectus Document
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Dates
| Offer End | : | 15 Dec 2021 |
| Allotment Finalisation | : | 20 Dec 2021 |
| Refund Initiation | : | 21 Dec 2021 |
| Listing | : | 23 Dec 2021 |
How to Apply for IPOs on Paytm Money
Once KYC is done, enter your bid details (quantity, price & no. of bids) and submit UPI ID.
Accept the “Block Funds” request on UPI app
If allotted, final amount will be debited otherwise, it will be unblocked.
The Bidding Process
- Applying for an IPO is easier than ever with Paytm Money, in just a few clicks your application is processed. You can bid for any IPO through Paytm, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
- If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
- The maximum subscription amount for retail investors is 2 lakh.
- Any bid can be at a desired price or cut off price given by the company.
How to bid on App
- Enter the number of shares you wish to buy, as per the lot size.
- You can apply at the cut off price set by the company or bid for a desired amount within the price band.
- Maximum three bids will be accepted.
- You then need to enter the UPI ID on Paytm Money’s IPO application form.
Investing using UPI
- You will immediately get a fund block request on your UPI for the submitted IPO application.
- The funds will be blocked in your bank account until allotment when it is debited.
- The limit for IPO application is Rs 2 lakh per transaction on UPI.
- On allotment of the shares, the money will be automatically debited.
- If the share aren’t allotted the blocked funds will reflect back into your account.
