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PharmEasy IPO Overview | Share Price | Check It Know

    • 26 posts
    May 12, 2022 2:53 AM EDT

    PharmEasy is one the largest platform in India, which is offering all healthcare and medical services. It also provides call center management, medical and legal transcription, data processing, warehousing, and database management services.

    PharmEasy already has filed its DRHP on 8th November 2021 and will be coming out with their IPO in this financial year.

    According to the DRHP the entire IPO only includes a fresh issue, which means none of the existing shareholders of the company are selling their shares in the company. Their decision to not to cash out during the IPO indicates confidence among company’s investors about the growth potential of the company.

    The company may also consider a further issue of equity shares via a private placement of up to ₹1250 crore as mentioned in their DRHP.