1. Completed
Loading page
Mainboard
Mainboard issue. Listed.
Source: IPO Guru Pro
Company information, issue size, price band, lot size, minimum investment, and the dates published for this issue.
MedPlus Health Services Limited was founded in 2006 by Gangadi Madhukar Reddy, its Managing Director and CEO. It is the second largest pharmacy retailer in India by revenue for FY2021 and store count, as per the Technopak report. It sells medicines, vitamins, medical devices and test kits, plus FMCG goods such as toiletries, baby care products, soaps, detergents and sanitisers. It was the first pharmacy retailer in India to offer an omnichannel platform, with store, phone and online orders and click and pick. It had 2,165 stores across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal and Maharashtra, and follows a cluster-based approach. In fiscal 2021 its share of organised pharmacy retail was 30% in Chennai and Hyderabad and 29% in Bangalore. The IPO was Rs 1,398.29 crore, with Rs 600.31 crore of fresh issue and Rs 797.98 crore of offer for sale. Rs 467.17 crore was planned for working capital of its subsidiary Optival.
Current premium in rupees, the derived percentage, and the indicative price. History shows observed readings only. A missing premium is unavailable, not ₹0.
Grey Market Premium (GMP) is an unofficial market indicator and is not published by stock exchanges. Estimated listing values are illustrative, may change, and should not be considered a forecast or investment recommendation.
Subscription is shown in times subscribed. A missing multiple stays unavailable. A published zero is 0x.
Last updated: Unavailable
Last updated: Unavailable
Source: IPO Guru Pro Data by IPO Guru
History retrieved: 10 Nov 2026, 3:15 PM IST
No day-wise subscription history is loaded. Missing days are left blank and are not plotted as zero.
Source: IPO Guru Pro. History retrieved 10 Nov 2026, 3:15 PM IST.
Revenue and profit are in rupees for each reporting period. Assets, liabilities, and ratios use the source unit when the statement includes them. Missing figures stay blank.
| Metric (Rs. Crore) | 30 Sep 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 1,746.49 | 1,565.66 | 1,348.70 | 958.71 |
| Total Income | 1,890.90 | 3,090.81 | 2,887.89 | 2,284.94 |
| Profit After Tax |
Results may still be pending. Check Allotment opens the registrar allotment portal. You may need to select this IPO there. Sign-in is not required.
This is the actual change from the issue price to the listing price. It is separate from the unofficial GMP estimate. A missing price stays unavailable.
RHP, DRHP, and other links that passed the official address check. Unverified addresses are left out.
Data by IPO Guru · Updated
MedPlus Health Services is the second largest pharmacy retailer in India by revenue and store count, selling medicines, wellness products and FMCG goods. Its total income was Rs 3,090.81 crore in FY2021.
Gangadi Madhukar Reddy, Lone Furrow Investments Pvt.Ltd. and Agilemed Investments Pvt.Ltd
1. Completed
2. Completed
3. Completed
4. Completed
Refund
Demat credit
Indicative only. A GMP-implied price is not a guaranteed listing price.
Unofficial grey-market premium in rupees. Missing observations are not connected and are not drawn as ₹0. This chart is not the listing gain.
High unavailable · Low unavailable
Tap a point for its rupee amount, percentage, and IST time. The table lists the same observations.
Source: IPO Guru Pro. History retrieved 10 Nov 2026, 3:15 PM IST.
| Observed (IST) | GMP (₹) | GMP % | Mark |
|---|---|---|---|
| 22 Dec 2021, 12:00 PM IST | ₹150 | +18.84% | None |
No intraday GMP history is loaded. Missing slots are not filled in.
High unavailable · Low unavailable
Source: IPO Guru Pro. History retrieved 10 Nov 2026, 3:15 PM IST.
| 66.37 |
| 63.11 |
| 1.79 |
| 11.92 |
| EBITDA | 169.64 | 238.21 | 150.96 | 131.35 |
| NET Worth | 800.98 | 730.55 | 527.80 | 291.34 |
| Reserves and Surplus | 794.54 | 730.11 | 527.61 | 291.14 |
| Total Borrowing | 56.75 | 135.24 | 105.05 | 104.40 |