Mono Pharmacare Ltd Share Price

(MONOPHARMA)

Mono Pharmacare Limited was originally formed as a Partnership Firm in the name and style of M/s. Mono Chemist through Partnership Deed dated May 06 1994. The Partnership Firm was then converted into Public Limited company in the name of Mono Pharmacare Limited vide Certificate of Incorporation dated October 17 2022 was issued by the Registrar of Companies Ahmedabad. The Company is engaged in the business of marketing and distribution of pharmaceutical products. The product portfolio comprises of a wide range of drugs like Antibiotics Antifungal Anti CoughCold Antiallergic Antacid and Antiemetics Analgesics and Antipyretics Nutraceuticals Skincare Antiseptic Cardiac and Diabetic Cosmetics etc. getting products manufactured through contract manufacturing. Supal Distributors LLP a Partnership Firm was incorporated on November 24 2016 with the Promoters of Company Panilam Lakhatariya and Supal Lakhatariya being the Original Partners. Further Promoters acquired 100 ownership of the partnership firm on July 25 2019.Accordingly the Company acquired proprietorship firm of the Promoter Panilam Lakhatariya M/s DLS Export pursuant to Deed of Business Transfer Agreement dated December 15 2022 and on October 23 2020 it acquired 99 ownership of Partnership Firms M/s. Ahmedabad Medical Corporation AMC and M/s. Supal Distributors LLP from the Promoters of Company Panilam Lakhatariya and Supal Lakhatariya dated January 10 2023.As on February 28 2023 the Company is dealing with distributors and stockists 168 pharmaceutical companies and also connected with 3036 vendors who are a mix of retail pharmacy stores as well as wholesalers.The Company is proposing a Public Issue aggregating up to 5500000 Equity Shares through Fresh Issue..

Listing date: 07 Sep, 2023