
Healthcare Services · NSE / BSE
Medplus Health Services, incorporated in 2006, is India’s second-largest pharmacy retailer by store count and revenue, offering pharmaceutical and wellness products, including medicines, vitamins, medical devices, test kits, and FMCG items such as personal care, baby care, and hygiene products. It is the first pharmacy retailer in India to provide an omnichannel platform, allowing customers to purchase via stores, telephone, online, and Click and Pick services. As of June 30, 2021, Medplus operates 2,165 stores across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, and Maharashtra, with a cluster-based expansion strategy targeting high-density residential areas. Its warehouses are strategically located in Bengaluru, Chennai, Hyderabad, Vijayawada, Kolkata, Pune, Bhubaneswar, Mumbai, and Nagpur, supporting efficient distribution and operations.
Price Band
₹780 – ₹796
Issue Size
₹1398 Cr
Lot Size
18 shares
GMP
+15.7%
Est. Listing
₹921
at current GMP
Subscribed
—
Open
13 Dec 2021
Close
15 Dec 2021
Allotment
20 Dec 2021
Refund
21 Dec 2021
Demat Credit
22 Dec 2021
Listing
23 Dec 2021