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Earum Pharmaceuticals IPO

Add to Calendar 2019-06-21 12:00 AM 2019-06-26 12:00 AM Asia/Kolkata Earum Pharmaceuticals IPO Earum Pharmaceuticals India

Company Info: Earum Pharmaceuticals Limited  is engaged in the pharmaceutical business involving marketing, trading and distribution of a wide range of pharmaceutical formulation products. The company has 125 drugs formulation products including multivitamins, gynaecology drugs, steroids, antibiotic drugs, cerebral activator drugs, gastrointestinal drugs, etc


Date of Incorporation:

Earum Pharmaceuticals Limited was incorporated as “Earum Pharmaceuticals Private Limited” on July 26, 2012.


Promoters of the Company:

The Promoters of this company are Mr. Bhumishth Narendrabhai Patel and Mrs. Payal Bhumishth Patel.

Strengths of the company:

  1. Diversified Product Portfolio

  2. Experienced Promoter and Management Team

  3. Quality Assurance


Objective of the Company:

  1. Funds for the working capital requirements of the company

  2. Payment/ Repayment of the unsecured loans availed from banks and financial institutions of the company.


Company Financial:



30-Dec-18

31-Mar-18

31-Mar-17

31-Mar-16

Total Assets

2,741.00

22,492.59

1,108.45

878.71

Total Revenue

3,450.35

3,584.65

2,369.27

1,863.00

Total Expenses

3,330.69

3,460.51

2,369.27

1,846.96

Profit after tax

86.51

85.65

15.98

9.76

Issue Detail

  • Issue Open: Jun 21, 2019
  • Issue Close: Jun 26, 2019
  • Issue Type: Fixed Priced Issue IPO
  • Face Value: Rs 10 per equity share
  • Price Band: Rs 36 per equity share
  • Bid Lot:3000 Shares
  • Minimum Order Quantity:3000 Shares
  • Listing At: BSE SME
  • Issue Size: Rs 6.65 Cr

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