Evoq Remedies IPO description – The company is one of the recognized trading houses of Pharmaceuticals Raw Materials, Excipients, Bulk Drugs at affordable price catering to the customers located in Ahmedabad. It procures the pharmaceuticals raw materials products and chemicals from the suppliers.
In the area of Pharmaceuticals Raw Materials, Excipients, Bulk Drugs etc., EVOQ Remedies specializes in offering quality products and affordable trading in Gujarat. EVOQ has a team of focused industry experts with in-depth industry knowledge. The company procures all the products from certified & reliable manufacturers & importers, who follow procedures as per the stringent national and international quality and safety standards. EVOQ has its registered office, corporate office and storage location facilities located in Ahmedabad.
Promoters of Evoq Remedies – Mr Bhumishth Narendrabhai Patel and Mrs Payal Bhumishth Patel
Evoq Remedies IPO Details
| Subscription Dates | 17 – 22 March 2022 |
| Price Band | INR27 per share |
| Fresh issue | 3,600,000 shares (INR9.72 crore) |
| Offer For Sale | Nil |
| Total IPO size | 3,600,000 shares (INR9.72 crore) |
| Minimum bid (lot size) | 4,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Evoq Remedies’ Financial Performance
| Â | FY2019 | FY2020 | FY2021 | Upto 10 Feb FY2022 |
| Revenue | 325.0 | 907.2 | 1,002.5 | 1,056.6 |
| Expenses | 323.4 | 907.2 | 907.1 | 931.4 |
| Net income | 1.1 | 0.0 | 71.4 | 93.7 |
Evoq Remedies Offer News
Evoq Remedies Offer Valuation (as of FY2021)
Earnings Per Share (EPS): INR10.05
Pre-IPO Price/Earnings (PE ratio): 2.69
Return on Net Worth (RONW): 96.94%
Net Asset Value (NAV): INR10.37 per share
Evoq Remedies IPO GMP Daily Trend
| Date | Evoq Remedies IPO GMP | Kostak | Subject to Sauda |
Evoq Remedies IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 18,00,000 | 18,00,000 | 36,00,000 |
| Day 1 | 0.11 | 0.25 | 0.18 |
| Day 2 | 0.26 | 1.06 | 0.66 |
| Day 3 | 0.29 | 2.88 | 1.58 |
Evoq Remedies Offer Registrar
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol,
Andheri East, Mumbai – 400 059, Maharashtra
Phone:Â +91 22 6263 8200
Fax. No.:Â +91 22 6263 8280
Email:Â [email protected]
Website:Â www.bigshareonline.com
Evoq Remedies Contact Details
Evoq Remedies Limited
A-1106, Empire Business Hub,
Near AUDA Water Tank,
Science City Road, Sola Ahmedabad -380060
Phone:Â +91 79 4840 2525
Email:Â [email protected]
Website:Â www.evoqremedies.com
Evoq Remedies IPO Allotment Status
Evoq Remedies IPO allotment will be available on Bigshare Services’ website. Click on this link to get allotment status.
Evoq Remedies IPO Timetable
| IPO Opening Date | 17 March 2022 |
| IPO Closing Date | 22 March 2022 |
| Finalisation of Basis of Allotment | 25 March 2022 |
| Initiation of refunds | 28 March 2022 |
| Transfer of shares to demat accounts | 29 March 2022 |
| Listing Date | 30 March 2022 |
| Opening Price on BSE | INR25 per share (down 7.41% from IPO price) |
| Closing Price on BSE | INR23.75 per share (down 12.04% from IPO price) |
Evoq Remedies IPO FAQs
What is Evoq Remedies offer size?
Evoq Remedies offer size is INR9.72 crore.
What is Evoq Remedies IPO Price Band?
Evoq Remedies public offer price is INR27 per share.
What is the lot size of Evoq Remedies IPO?
Evoq Remedies offer lot size and the minimum order is 4,000 shares.
What is Evoq Remedies IPO GMP today?
Evoq Remedies IPO GMP today is NA per share.
What is Evoq Remedies kostak rate today?
Evoq Remedies kostak rate today is NA per application.
What is Evoq Remedies Subject to Sauda rate today?
Evoq Remedies Subject to Sauda rate today is NA per application.
