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Earum Pharmaceuticals IPO

Earum Pharmaceuticals

Issue Open

Jun 21, 2019

Price Band

₹ 36 per equity share

Issue Size

₹ 6.65 Cr

Issue Close

Jun 26, 2019

Bid Lot

3000

Listing Exchange

BSE SME

Issue Type

Fixed Priced Issue IPO

Minimum Order Quantity

3000

Face Value

Rs 10 per equity share

Listing At

Nov 30, -0001

About the company:

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

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