MedPlus Health Services Limited IPO

MedPlus Health Services Limited is a pharmacy retail brand, offering a wide range of products such as pharmaceutical and wellness products; including medicines, vitamins, medical devices, and test kits, and fast-moving consumer goods; such as home and personal care products, including toiletries, baby care products, soaps and detergents, and sanitizers.

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It is India’s second-largest pharmacy retailer with over 2000 stores across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, and Maharashtra, as of March 31, 2021. It is also the first pharmacy retailer in India to offer an omnichannel platform, offering its services through both offline as well as online channels. The public offer of MedPlus Health comprises a fresh issue of equity shares aggregating up to Rs. 600 crores and an offer for sale of equity shares worth around Rs. 800 crores from existing shareholders. Read more

Check out some recent financials figures of the company:

How do I apply for the MedPlus Health Services Limited IPO?

You can apply for the MedPlus Health Services Limited IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.