Mono Pharmacare Limited IPO: All You Need to Know

Skfinowings24 Aug, 2023Finance

Mono Pharmacare Limited is a pharmaceutical products distributor based in Ahmedabad, Gujarat. The company was founded in 1994 and has been growing steadily ever since. In the financial year 2022-23, the company reported a revenue of INR 137.8 crores and a net profit of INR 5.3 crores. Mono Pharmacare is targeting to raise INR 14.84 crores through its initial public offering (IPO). The IPO will open on August 28, 2023, and close on August 30, 2023. The price band for the IPO is set at INR 26-28 per share.