Evoq Remedies Limited IPO
About Evoq Remedies
The Company was incorporated as “Salus Life Science and Research Private Limited” at Ahmedabad, Gujarat on February 24th, 2010. Subsequently the name of the company was changed to “Evoq Remedies Private Limited” on July 15th, 2019 .Although the Company was formed in the year 2010, the Company started its operations in the year 2018 onwards.
Business of Evoq Remedies
The Company is one of the recognized trading house of Pharmaceuticals Raw Materials, Excipients, Bulk Drugs at affordable price catering to the customers located in Ahmedabad. They procure the pharmaceuticals Raw Materials products and chemicals from the suppliers which are having WHO-GMP approved production facilities in India and by focusing on the first-class distribution expertise. In the area of Pharmaceuticals Raw Materials, Excipients, Bulk Drugs etc., EVOQ Remedies Limited is specializes in offering quality products and affordable trading in Gujarat.
EVOQ is have a team of focused industry experts, who have in-depth knowledge of the industry and have with them expertise in offering best solutions for meeting their specific needs. They procure all the products from certified & reliable Manufacturers & Importers, who follow procedures as per the stringent national and international quality and safety standards.
EVOQ is having its registered office, corporate office and storage location facilities located in Ahmedabad. In the healthcare segment, EVOQ being into trading business which offers a wide basket of products.
EVOQ majorly does trading in following segments of pharmaceuticals raw materials: Excipients ¸ Nutraceuticals ¸ Pellets ¸ Solvents ¸ Sweetners ¸ Vitamins ¸ Amino Acids ¸ Bulk Drugs ¸ Dairy Products ¸ Active Pharmaceuticals Ingredients.
Objects of the Evoq Remedies Limited IPO:
Evoq Remedies Limited IPO Details:
|Open Date:||Mar 17 2022|
|Close Date:||Mar 22 2022|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price|
|Issue Size:||9.72 Cr.|
|Lot Size:||4000 Shares|
|Issue Price:||₹ 27 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Mar 30 2022|
Promoters And Management:
Financials of Evoq Remedies Limited IPO:
|Particulars (in Lakhs)||Sep-21||Mar-21||Mar-20||Mar-19|
|Purchases of Stock-In-Trade||1,030||794||908||326|
|Changes in Inventories||-141||-9||-3||-3|
|Employee Benefits Expense||16||1||1||0|
|Profit before tax||125||95||0||2|
|Total Tax Exps||32||24||0||0|
|No. of shares||136||136||136||136|
|EPS in Rs||5.52||10.05||0.00||0.16|