Emcure Pharmaceuticals Limited IPO
Company Background
Incorporated in 1981, Emcure Pharmaceuticals Limited is a prominent Indian pharmaceutical company engaged in developing, manufacturing, and global marketing a wide array of pharmaceutical products. These products span several major therapeutic areas, with the company establishing a significant market presence over the years. Market Position and Performance
As of MAT September 2023, Emcure Pharmaceuticals is ranked 13th in domestic sales among pharmaceutical companies in India. The company holds the 4th largest market share in its covered markets for the same period. Emcure is the leading pharmaceutical company in the gynaecology and HIV antiviral therapeutic areas for MAT September 2023. Manufacturing Capabilities
Emcure Pharmaceuticals operates 13 manufacturing facilities in India, capable of producing a variety of pharmaceutical and biopharmaceutical products. These facilities can manufacture pills, liquids, injectables, and complex ingredients such as chiral molecules, iron molecules, and cytotoxic substances.
Distribution Network
As of September 30, 2023, Emcure’s marketing and distribution network in India is supported by over 5,000 field personnel who regularly interact with healthcare providers. The distribution network includes over 5,000 stockists, served by 37 carry-and-forward agents. Objectives of the Issue
Repayment and prepayment of outstanding borrowings
General corporate purposes
Emcure Pharma IPO IPO Dates: 03 to 05 July 2024
Price Band: ₹960 to ₹1008 per share
Lot Size: 14 shares
Total Issue Size: ₹1952.03 Crores
Retail Quota: 35%
GMP: 30% (For informational purposes only)
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