Entero Healthcare Solutions Limited
- Minimum Investment₹13,145
- Price Range₹1 K - ₹1 K
- Issue Size₹1,600.00 Cr
- Lot Size11 shares
Proceeds of this IPO to be used for
Repayment/prepayment, in full or part, of certain borrowings availed of by the company and its subsidiaries
Funding the long-term working capital requirements
Pursuing inorganic growth initiatives through acquisitions
General corporate purposes
Strengths & Weaknesses of Entero Healthcare Solutions Limited
Highly fragmented market
The company operates in the large and highly fragmented Indian healthcare products distribution market and may benefit from market consolidation
Fast growing platforms
The company is one of India's largest and fastest-growing healthcare product distribution platforms and has a track record of inorganic expansion and integration to grow its geographic reach, revenues, and scale
Differentiated business model
Through its expansive nationwide distribution network, well-developed integrated technology platforms, coupled with its relationships with retail pharmacies and hospitals, trained sales force, and experienced business support teams, the company is able to offer a variety of opportunities for brands to expand their footprint in India in a cost-efficient manner
Incurred losses
The company has experienced losses in FY23, FY22, and FY21, and it may experience losses in the future. It has also experienced negative cash flows from operating, investing, and financing activities in the past
Legal proceedings
There are outstanding legal proceedings involving the company, its subsidiaries, its directors, and promoters. These proceedings are pending at different levels of adjudication before various judicial authorities, from which further liability may arise
Contingent liabilities
The company has contingent liabilities and commitments, and its financial condition could be adversely affected if these contingent liabilities materialize
Financials
Earnings Per Share
No Data
Balance Sheet
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Total Non-Current Assets | -- | |
Fixed assets | -- | |
Total assets | -- | |
Total Current Liabilities | -- | |
Total Non-Current Liabilities | -- | |
Total Capital Plus Liabilities | -- | |
Total Shareholder Funds | -- | |
Total Debt to Equity | -- |
Cash Flow
Particulars (In Cr) | Y/Y Change | |
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Cash from Operating Activity | -- | |
Cash from Financing Activities | -- | |
Cash from Investing Activities | -- | |
Net Cash Flow | -- |
About Entero Healthcare Solutions Limited
- PromoterPrabhat Agrawal
- PromoterPrem Sethi
- PromoterOrbiMed Asia III Mauritius Limited