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Mono Pharmacare Limited IPO

Mono Pharmacare Limited was a SME IPO in the Pharmaceuticals sector, offered at ₹26–₹28 per share to raise ₹15 crore. It listed on 7 Sep 2023 at ₹29 and closed its first day at ₹30, a listing gain of +8.8% versus the ₹28 issue price. It now trades around ₹9 (-67.1% versus the issue price).

Frequently asked questions

What were the Mono Pharmacare Limited IPO listing gains?
Mono Pharmacare Limited listed on 7 Sep 2023 at ₹29, closing its first day at ₹30 — a listing gain of +8.8% versus the ₹28 issue price.
What was the price band and lot size of the Mono Pharmacare Limited IPO?
The price band was ₹26–₹28 per share, with a minimum lot of 4,000 shares (₹1,12,000 at the upper band).
Who were the registrar and lead manager for the Mono Pharmacare Limited IPO?
Bigshare Services Private Limited was the registrar, and Unistone Capital was the book-running lead manager.