Wellness Forever IPO Review, Date, Price, GMP, Listing, Allotment Status, Market Lot, Form, DRHP, & All Details

We have got Wellness Forever IPO Review of a company. Wellness Forever Medicare aka Wellness Forever is going to hit the market since they have got a permit through SEBI to Issue shares. According to the sources, the company hasn’t announced when will they issue its shares publicly. The company is aiming to raise around ₹1500-1600crores through IPO that compresses fresh issues of ₹400 crores. Along with it, they are offering for sale up to 16,044,709 equity shares of ₹2 each.

The company will give a 10% quota to retail investors while QIB 75% and HNI will get 15%. Let’s talk about company background and performance for the past few years.

Wellness Forever IPO Review, Date, Price, GMP, Listing, Allotment Status, Market Lot, Form, DRHP, & All Details

Wellness Forever IPO Review & All Details

Wellness Forever is known as one of the leading medicare, retail pharmacies, and large networks in India. Ashraf Biran, Gulshan Bakhtiani, and Mohan Chavan are the founder of the company which is based in Mumbai. The company was started in the year 2008. Since then, they have built the largest chain of retail networks with the name ” Wellness Forever”. The company is going to offer over 90000 pharmaceuticals, and wellness product that includes fast-moving consumer goods, fast-moving health goods, nutraceuticals, and medical equipment with over-the-counter and prescription medicines. Let’s have a look at Wellness Forever IPO details.

Wellness Forever IPO Date, Price Band, & GMP

 IPO Open:  2022
 IPO Close:  2022
 IPO Size:  Approx ₹- Crores
 Fresh Issue:  Approx ₹400 Crores
 Offer for Sale:  Approx 16,044,709 Equity Shares 
 Face Value:  ₹2 Per Equity Share
 Price Band:  ₹- to ₹- Per Share
 Listing on:  BSE & NSE
 Retail Quota:  10%
 QIB Quota:  75%
 NII Quota:  15%
 Discount:  N/A
 DRHP Draft Prospectus:  Click Here
 RHP Draft Prospectus:  Click Here
See also  AB Cotspin IPO Dates, Price, GMP, Listing, Allotment Status, Form, Market Lot, Review, Analysis, & Details

Market Lot

The Wellness Forever Medicare IPO minimum market lot is – shares with ₹- application amount. The retail investors can apply up to 13 lots, – shares with ₹- application amount.
 Minimum Lot Size:  Shares for 1 lot
 Minimum Amount:  ₹- for 1 lot
 Maximum Lot Size:  Shares for 13 lot
 Maximum Amount:  ₹- for 13 lot

Wellness Forever IPO Time Table, Allotment & Listing

The Wellness Forever IPO date is 2022 and the IPO close date is 2022. The allotment date is 2022 and the IPO may list in 2022.
 Price Band Announcement:  2022
 Anchor Investors Allotment:  2022
 IPO Open Date:  2022
 IPO Close Date:  2022
 Basis of Allotment:  2022
 Refunds:  2022
 Credit to Demat Account:  2022
 IPO Listing Date:  2022

Financial Report

  ₹ in Crores
Income Expense PAT
2019 ₹941 ₹987 -₹34.85
2020
₹867 ₹871 -₹5.32
2021 ₹681 ₹684 -₹1.33

Since the company hasn’t announced its opening date of issuing shares yet. Furthermore, there are several details the company is yet to release officially. As the company provides related information of Wellness Forever IPO officially on the internet web. we will update and get a review their IPO shares. For more fresh business news keep following us on the official site All Social Updates.

Leave a Comment