Entero Healthcare Solutions IPO
The initial public offering (IPO) of Entero Healthcare Solutions will open for subscription on February 09 and close on February 13, comprising fresh issues of Rs. 1,000 Cr and offer for sale (OFS) of Rs 600. An investor can apply for the issue for a minimum of 11 shares and the listing will happen on February 16, 2024.
#1. Quick Intro to Entero Healthcare Solutions
Entero Healthcare Solutions Limited 2018) is a distributor of healthcare products in India. The company’s technology-driven platform provides healthcare product distribution services to pharmacies, hospitals, and clinics throughout India.
Check out the IPO allotment status on IPO Deliver.
#2. IPO Object of Entero Healthcare Solutions
The company intends to use the IPO Funds for the following purposes:
- Repayment/prepayment, in full or part, of certain borrowings availed by our company and our subsidiaries.
- Funding the long term working capital requirements.
- Pursuing inorganic growth initiatives through acquisitions.
- General corporate purposes.
#3. Entero Healthcare Solutions Core Strengths
- The company operates in the large and highly fragmented Indian healthcare products distribution market and expects to benefit from market consolidation.
- The company is one of India’s largest and fastest growing healthcare products distribution platforms.
- Track record of inorganic expansion and integration to grow our geographic reach, revenues and scale.
- Proprietary technology platform with integrated business intelligence tools and solutions.
- Experienced, committed and qualified founding and professional management team with deep industry expertise and backed by healthcare focused investors.
#4. Entero Healthcare Solutions IPO Review & Rating
Issue Size | Rs.1,600 Crore |
---|---|
Issue Price | Rs.1195 to Rs.1258 per share |
Minimum Lot Size | 11 Shares |
Total Profit (March 2023) | Rs.-11.10 Crore |
ROE | -2.66 |
ROCE | 6.06 |
Listing on | BSE NSE |
IPO Deliver Rating | THREE |
#5. Entero Healthcare Solutions IPO Dates, Price Band & Details
Entero Healthcare Solutions IPO will open on February 09, 2024, and close on February 13, 2024. The IPO is to be listed on February 16, 2024.
Type of issue | Book Built Issue IPO |
---|---|
Issue Size | Rs.1,600 Crore |
Price Brand | Rs.1195 to Rs.1258 per share |
Face Value | Rs. 10/- per share |
IPO Open Date | February 09, 2024 |
IPO Close Date | February 13, 2024 |
IPO Allotment Date | February 14, 2024 |
Refund Date | February 15, 2024 |
Share Credit Date | February 15, 2024 |
Listing Date | February 16, 2024 |
#6. Entero Healthcare Solutions IPO Offer Details
Entero Healthcare Solutions IPO’s total issue size is 12,718,600 shares, comprising the below-mentioned categories.
Offer Category | Shares Offer | Amount (Crore) |
---|---|---|
Fresh Issue | 12,718,600 | 1,000 |
Offer for Sale (OFS) | 4,769,475 | 600 |
#7. Entero Healthcare Solutions Financials Overview (Crore)
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
Category (Rs.) | March 31, 2023 | March 31, 2022 | March 31, 2021 |
---|---|---|---|
Total Revenue | 3,305.72 | 2,526.55 | 1,783.67 |
Net Worth | 597.66 | 563.22 | 487.06 |
Profit | -11.10 | -29.44 | -15.35 |
Total Borrowings | 373.52 | 285.03 | 141.70 |
#8. Entero Healthcare Solutions Quantitative Factors
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
Category | March 31, 2023 | March 31, 2022 | March 31, 2021 |
---|---|---|---|
EPS (Rs.) | -3.10 | -9.22 | -5.29 |
RoNW (%) | -1.86 | -5.23 | -3.15 |
NAV (Rs.) | 157.08 | – | – |
#9. Entero Healthcare Solutions Comparison with Other Peer Companies (Top 2)
Listed companies in India are comparable in all aspects of the business.
Company Names | Total Revenue
(Rs. in millions) |
RoNW (%) | NAV (Rs.) |
---|---|---|---|
Medplus Health Services Limited | 46,306.54 | 3.36 | 124.93 |
– | – | – | – |
#10. Entero Healthcare Solutions Company Promoters
The company has three promoters as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP).
Sr. No. | Name of Promoters |
---|---|
01. | Prabhat Agrawal |
02. | Prem Sethi |
03. | Orbimed Asia III Mauritius Limited |
#11. Entero Healthcare Solutions Pre-offer and Post-Offer Promoters Shareholding
Promoters Holding | Percentage (%) |
---|---|
Pre-issue | 77.10 |
Post-issue | – |
#12. Entero Healthcare Solutions IPO Reservation Details
Entero Healthcare Solutions IPO total reservation shares are distributed between the below-mentioned categories.
Category | Share Offered |
---|---|
QIB Shares Offered | Not less than 75% of the issue size |
Retail Share Offered | Not More than 10% of the issue size |
NII (HNI) Shares Offered | Not More than 15% of the issue size |
#13. Entero Healthcare Solutions IPO – Lot Size
An investor can apply for a minimum of 11 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:
Application | Lot Size | No. of Shares | Amount (Rs.) |
---|---|---|---|
Retail (Min.) | 1 | 11 | 13,838 |
Retail (Max.) | 14 | 154 | 193,732 |
S-HNI (Min.) | 15 | 165 | 207,570 |
S-HNI (Max.) | 72 | 792 | 996,336 |
B-HNI (Min.) | 73 | 803 | 1,010,174 |
#14. Entero Healthcare Solutions IPO – Prospectus Copy
An investor can download/view the Entero Healthcare Solutions prospectus copy, which the company filed to exchange, details are as follows.
Entero Healthcare Solutions IPO Prospectus |
---|
Draft Red Herring Prospectus (DRHP) |
Red Herring Prospectus (RHP) |
#15. Entero Healthcare Solutions IPO Registrar
Link Intime India Private Limited
Phone No.: +91-8108114949
E-Mail: enterohealthcare.ipo@linkintime.co.in
Website: www.linkintime.co.in
#16. Entero Healthcare Solutions IPO Lead Manager
- ICICI Securities Limited
- DAM Capital Advisors Limited
- Jefferies India Private Limited
- JM Financial Limited
- SBI Capital Markets Limited
#17. Entero Healthcare Solutions IPO Application (How to Apply for an IPO)
There are three primary options for applying for a Entero Healthcare Solutions IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Entero Healthcare Solutions Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Entero Healthcare Solutions Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you.
#18. Entero Healthcare Solutions Company Details
Entero Healthcare Solutions Limited
Registered Office: Plot No. I-35, Building – B, Industrial Area Phase-I, 13/7 Mathura Road, Faridabad-121003 Haryana, India
Phone No: +91-22-69019100
Email: jayantprakash@enterohealthcare.com
Website: www.enterohealthcare.com
Investor Grievances/Compliance Officer: Jayant Prakash
#19. Entero Healthcare Solutions Subsidiary Companies (Top 2)
Sr.No. | Name of Companies (Indian) |
---|---|
01. | Tata Capital Financial Services Limited |
02. | – |
#20. Entero Healthcare Solutions Company Board (Top 2)
Sr. No. | Name of Directors |
---|---|
01. | Sujesh Vasudevan |
02. | Prabhat Agrawal |
Entero Healthcare Solutions IPO – Frequently Asked Questions (FAQs)
#1. What is a Entero Healthcare Solutions IPO? Entero Healthcare Solutions brings its IPO of Rs.1,600 Crore, on February 09, 2024, with a price band of Rs.1195 to Rs.1258 per share. |
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#2. What is the Entero Healthcare Solutions IPO Open date? Entero Healthcare Solutions IPO’s opening date is February 09, 2024. |
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#3. What is the Entero Healthcare Solutions IPO Close Date? Entero Healthcare Solutions IPO’s closing date is February 13, 2024. |
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#4. What is the Entero Healthcare Solutions IPO Listing date? Entero Healthcare Solutions’s IPO listing date is February 16, 2024. |
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#5. What is the Entero Healthcare Solutions IPO Minimum investment amount? Entero Healthcare Solutions IPO’s minimum investment amount is Rs. 13,838. |
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#6. What is the Entero Healthcare Solutions IPO offer issue Size? Entero Healthcare Solutions offers an issue size of Rs.1,600 Crore. |
---|
#7. What is the Entero Healthcare Solutions IPO Price Band? Entero Healthcare Solutions’s IPO price band is Rs.1195 to Rs.1258 per share. |
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#8. Is Entero Healthcare Solutions IPO mainboard IPO or SME IPO? Entero Healthcare Solutions IPO is a Mainboard IPO. |
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As A Substitute, you must go away no more than 1-3 reps
in reserve on every set so that the repetitions are challenging sufficient the recruit a wide range of muscle fibers.
Just make certain that you avoid hitting muscular failure within the first part of the exercise.
This method, you won’t see any sudden or sharp power drop-offs that might impede your
ability to build up enough coaching quantity. Each bicep definition exercise will improve the looks of your biceps when you carry out
it on a weekly basis.
Even inside the completely different workouts, mess
around with totally different grips. In order to train the biceps completely, you should hit the brachialis
and the brachioradialis, which suggests you must
use a pronated and impartial grip in your coaching.
In addition, you can also fiddle with neutral and extensive grips.
As mentioned above, embody different bicep-oriented exercises other than simply arm
curls. Select big compound lifts that may hit the biceps to
a greater degree.
Think About doing 5–10 minutes of light to moderate-intensity cardio on a motorbike or
a treadmill to get the blood pumping, elevate your coronary
heart price, and lift your body temperature. The function is to get heat and prepared, not exhaust yourself, so don’t go all-out.
The cardio part of the warm-up is helpful however not
essential, so you presumably can skip it
and go straight to the weights if you’re quick
on time or hate cardio. Cable workouts are a good way to add selection to your exercise
build strength, and prepare your muscles from different angles.
The variety of reps you should do is dependent upon your objectives,
whether or not they’re to extend energy or construct muscle mass and endurance.
This exercise is nice if you don’t have a desk or if it’s occupied in your fitness
center. The benefit of this variation is that
it lets you work with constant rigidity all through the motion due to the pulley.
Coaching these separately allows you to focus on each arm individually, getting essentially the most out of each set and rep.
As it is a compound motion, do not isolate the triceps an extreme amount of, however
specializing in flexing and lengthening the elbow may help ensure the triceps are the limiting factors
on the end of a set. Though it is a great bang-for-your-buck train, compounds can overlap with other coaching.
You don’t desire a fatigued or sore chest to limit your triceps training.
If an intermediate to superior bodybuilder requested me what’s the best workout for mass features whereas changing the shape of their muscles, I would point them to the FST-7
workout routine. Hit this routine two times a week if
potential, with at least 48 hours of relaxation between workouts, switching out workout
routines for those listed as desired.
Carry Out the 21s on the end of your workout for a muscle-ripping pump.
Use a lightweight, as you’ll be fatigued, to make certain you comply with the proper type.
Carry Out the lying cable curl on the finish of your workout for a muscle-ripping pump.
Chin-ups are an excellent compound (multi-joint) train normally accomplished firstly of an upper-body workout.
You may also do them because the second train in a superset to smoke your guns.
The cable crossover curl exercise mimics
a double overhead biceps pose — just like a bodybuilder.
Did you know the biceps’ major function is to help flex the
elbow? Stay on monitor of your health with these quick however laser-focused exercises.
The precision in this muscle definition may be best for bodybuilders or these trying
to seem very “cut” with an outlined physique. The dumbbell renegade row to squat is a
posh exercise that involves a quantity of workouts combined into one.
The dumbbell squat press is basically a goblet squat with a Svend
press added on the backside.
They make an excellent addition to a bicep circuit routine because they’re so easy to
set up and perform. Lastly, you’ll practice the all-important brachioradialis
and brachialis muscular tissues with reverse curls so that your arms look muscular when they’re by your
sides—not just when they’re flexed. Performing bicep curls slowly will help enhance the mind-muscle connection to help you construct
your biceps extra quickly and successfully.
It is very useful to lower the dumbbell slowly in the eccentric portion of the movement.
If you’re on the lookout for more great workout routines
to add to your dumbbell bicep workouts, you presumably can try my article on Finest Dumbbell Workout Routines for Biceps to see more examples.
Doing cable curls behind the body shifts
the emphasis of the train onto the outer biceps and minimizes the possibility
of developing unsightly muscular imbalances. Building
greater and spectacular biceps requires more than simply doing the same
bicep workouts again and again. A barbell allows
you to lift extra weight, however, the dumbbells provide
a full range of motion and allow you to target the again muscular tissues effectively.
Workout B could have the identical construction as Workout A but will utilize
different efficient compound workout routines for a
few of the motion patterns, for an entire whole body exercise routine.
The Multidirectional Lunge train does a pair issues very
effectively. First, it will get us to move in multiple directions and it helps us mobilize our hips in all three planes of motion. It additionally will increase our core temperature
to make the muscle feel hotter and ready to assault the entire whole body workout
session. Let’s talk about the advantages of whole physique exercises to see why they’re so helpful if your fitness goal is constructing lean muscle mass.
Daybreak says that the resistance band is the right training device to amp up your at-home arm workouts.
Nicely, the preacher curls led to extra progress in any respect three measurement websites of the biceps, especially
within the bottom part of the biceps. This is because the muscle cells swell with blood and lactic acid whenever you contract them repeatedly by performing curls and other such exercises.
So ensure to perform some type of reverse curl and/or
hammer curl in your workout if you would like to maximize your muscle definition as
an entire. For instance, building the brachialis can really
enhance your bicep peak as a result of the brachialis is
a deep muscle that lies beneath the biceps. Hence, when you add dimension to this deep muscle, it naturally pushes your
biceps out and makes them look extra prominent.
Because of the exterior rotation of the shoulder on this movement,
you also preferentially hit the inner portion of the biceps,
which is the inside head. We at all times want to start off our training
session with the ‘big exercise’ and transfer that heavier weight while
we’ve the most power. Then we’ve the brachialis muscle,
which is technically a separate muscle from the biceps. However,
it tremendously influences the visible size of your biceps,
and is the important thing to getting wider biceps.
Utilizing my handy Muscle Tissue Markers I’ll show you the completely different
major muscle tissue and areas that make up the biceps muscle.
If you really want to take your biceps growth to the subsequent level, you’re going to need to stimulate the bicep muscle in some intense and highly
efficient methods.
Though there are solely three exercises, don’t underestimate how difficult this exercise is.
When you’re a newbie, you probably can develop
from just a few sets per physique half per week. So by
doing 9-14 units here, you’re going above and past the call of duty to ensure
that you’re not leaving an ounce of muscle development on the
desk. You are utilizing your torso as the resistance to carry out
a biceps curl. As A Result Of you’re holding a towel within the
neutral grip place, you’ll prepare your biceps and forearms from a different angle.
The eccentric section (lowering) is just as important as the eccentric section (lifting).
Keep both parts of the motion – and remember to squeeze at the top – controlled,
and sustaining tension all through the entire movement. However there’s extra to respiratory accurately
than a couple of gasps of air.
Remember to decide on a weight that allows you to maintain correct
type throughout the workouts. Firstly, they fail to give the muscle a lot
of a stretch and have to be used with different, extra full, exercises.
Cable variations are generally higher, providing
rigidity over a higher range of motion. As long as you may be aware of its
pitfalls, it can be used successfully in a
program. Skull crushers can grate on the elbows,
even with dumbbells so be cautious of any pain and build strength
and volume slowly.
Not Like the previous entries on this record of the best biceps workouts,
the chin-up is a compound exercise involving several joint actions that activate multiple muscle groups.
It can additionally be a body weight exercise – you don’t need
any equipment apart from your body weight and one thing
to hang from. With a free-weight curl, you’re the strongest at the mid-point of the reps, but you lose some of the tension on the bottom and top of the
curl. With cable curls, you get constant rigidity in your biceps all through the movement.
The major advantage of a machine curl is the constant rigidity
it supplies. Not Like a preacher curl with free weights,
which locations little to no stress on the biceps muscle
at the prime of the motion, the stress stays fixed all through a machine curl.
The incline dumbbell curl might look much like common dumbbell curls,
however the incline of the bench is the key sauce that turns this exercise
into a novel biceps blaster.
When it involves arm training, one muscle particularly at all times seems
to hog the spotlight. The biceps brachii is the massive
two-headed muscle that makes up much of your upper arm, but it doesn’t work alone.
Traditionally, it was popular to train each main muscle
group once a week—e.g., chest day on Monday, legs on Tuesday, back and biceps
on Wednesday, and so forth. This was regarded as the best break up for
muscle growth because it gave every muscle group a full seven days to
recover earlier than working it once more.
In this text, we’ve suggested sticking to a rep vary of 8-12 reps for 3-4
sets. If your aim is build dimension, this is the optimum rep vary for hypertrophy, so pick an applicable weight that lets you
keep within this rep range whereas still feeling challenged.
Using a slim grip will make this an extended head bicep exercise, whereas a wider grip will goal the
quick head of the bicep. Possibly not, but the focus you’ll put on training your biceps throughout concentration curls is unmatched.
We’ve put collectively a list of the very best bicep workout routines –
that aren’t your commonplace dumbbell bicep curl. Biceps curls are the final word arm-pumper – however are they
sufficient to construct huge, sturdy biceps? And we now have a few workout routines up
our sleeve that provides you with far more bang on your buck.
If you were doing underhand chin-ups, use an overhand grip in your pulldowns.
Besides pulling big weights within the gym, stronger biceps can even improve your efficiency in day by day chores, like
lifting grocery bags, carrying round your children in your arms, and moving furniture.
The biceps are the favourite muscle group to coach for most lifters.
Nevertheless, some trainers let their egos take over their exercises and use heavier weights than they will deal with safely.
If you favor to train your biceps on their own day, use the higher volume Workout
1. If you resolve to add them in with other bodyparts, select Workout 2, which incorporates half as many units to
ensure most restoration for maximal features.
The barbell biceps curls are thought of the king of biceps
workout routines, however you need selection to enhance
measurement and keep away from overuse accidents. Altering grip positions, body
positions, and vary of movement enhance arm power and muscular growth.
When doing a bicep exercise with a cable machine, you presumably can add loads of
single-arm workouts to right potential imbalances. The cable reverse curl helps to balance arm
growth by targeting the less typically targeted muscular tissues of the forearms and brachialis.
The cable hammer curl is likely certainly one of the
best exercises that you are capable of do to build your arm
muscles. The High cable curl exercise is a great option for concentrating on the biceps and building the width and
thickness of the bicep muscle. With the next dumbbell workout routines, you’ll be able to hammer your back and biceps successfully and build energy, muscle, and
definition. If you’re eager on feeling the pump and the mind-muscle connection, this machine-based biceps workout
is made for you. Designed with high reps and minimal rest, you will feel the blood dashing into your biceps, creating that full, tight sensation.
Despite its effectiveness, the mendacity dumbbell curl can feel awkward at first.
Nevertheless, once you regulate to the motion, it could become
considered one of your go-to bicep exercises with dumbbells.
I place it within the A-tier for its distinctive capacity to target
the biceps from a different angle.
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