Anondita Medicare IPO
Open SmeCurrent GMP
₹89 (+61.38%)
Price Band
₹ 137 – 145
Lot Size
1000
Issue Size
₹69.5 Cr
Minimum Investment
₹290000 (2000 Shares)
Listing Date
01 September 2025
Subscription
301.09x
About the Company
Founded: March 2024
Headquarters: Noida, Uttar Pradesh, India
Employees: 280 (as of July 31, 2025)
Business Overview:
Anondita Medicare Limited is a prominent Indian manufacturer of flavored male condoms, with its flagship product sold under the brand name “COBRA”. The company has a robust annual production capacity of 562 million condoms, supported by 11 manufacturing lines at its modern facility in Noida. It has recently expanded to produce female condoms as well.
Product Highlights:
- Flavored Condoms: Includes Strawberry, Mint, Chocolate, Butterscotch, Coffee, and Bubblegum.
- Brand: All condoms are 100% electronically tested and attractively packaged using export-quality materials.
- Sustainability: Uses CNG (Compressed Natural Gas) as an environmentally friendly fuel source.
Company Evolution:
- The promoter, Mr. Anupam Ghosh, entered the condom business in 1999 through a proprietorship named M/s Healthcare Products.
- In 2004, he began manufacturing condoms.
- The business was rebranded as M/s Anondita Healthcare in 2013.
- In 2024, the running business was transferred to Anondita Medicare Limited.
Market Presence:
- Supplies products to pharmaceutical companies, government health programs, NGOs, and global health organizations.
- Has a robust distribution network, leveraging wholesalers, retailers, and e-commerce.
- Exports to Southeast Asia, Africa, and the Middle East.
Competitive Strengths:
- Long-standing industry experience
- Strong recognition in North India
- Wide product range and focus on quality
- Active contributor to public health and family planning initiatives
Promoters
- Mr. Anupam Ghosh
- Mrs. Sonia Ghosh
- Mr. Reshant Ghosh
Promoters Holding
Holding Pre Issue
83.95%
Holding Post Issue
61.71%
Objects of the Issue
The Company Anondita Medicare IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding capital expenditure requirements for the purchase of equipment/machineries
- Funding the Working Capital requirement
- Unidentified Acquisition and General Corporate Purposes
Address / Contact Info
Anondita Medicare Limited
Flat No.704 Narmada Block,
N6, Sec-D, Pkt-6 Vasant
Kunj, New Delhi, India-110070
Phone: 0120-4520300
Email: info@anonditamedicare.com
Website: https://anonditamedicare.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 22 August 2025
IPO Close Date
Tuesday, 26 August 2025
Basis of Allotment
Thursday, 28 August 2025
Initiation of Refunds
Friday, 29 August 2025
Credit of Shares to Demat
Friday, 29 August 2025
Listing Date
Monday, 01 September 2025 — NSE & BSE
Important Dates
Open Date
22 August 2025
Close Date
26 August 2025
Basis Of Allotment
28 August 2025
Listing Date
01 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 78.27 | 42.92 | 37.8 |
| Revenue | 77.13 | 46.56 | 36.14 |
| Profit After Tax | 16.42 | 3.84 | 0.35 |
| Net Worth | 37.87 | 10.59 | 8.69 |
| Reserve & Surplus | 24.58 | 10.39 | 6.55 |
| Total Borrowings | 27.39 | 24.01 | 22.66 |
EPS Pre
12.35%
EPS Post
9.08%
P/E Pre
11.74
P/E (Post Issue)
15.98x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 41.71 | 36.31 | 3.99 |
| ROCE % | 37.42 | 24.74 | 10.14 |
| Debt / Equity | 0.7 | 2.27 | 2.61 |
| RoNW % | 41.71 | 36.31 | 3.99 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 21.32 | 8.28 | 0.97 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 906000 | 28.55 | 0 |
| Non-Institutional | 681000 | 21.46 | 0 |
| BNII | 454000 | 14.31 | 0 |
| SNII | 227000 | 7.15 | 0 |
| Retail Investors | 1586000 | 49.99 | 0 |
| Total | 3173000 | 100 | 0 |
Subscription Status ( Tue, 26 Aug 25 01:59 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 906000 | 138648000 | 153.03x |
| Non-Institutional | 681000 | 362463000 | 532.25x |
| BNII | 454000 | 291293000 | 641.61x |
| SNII | 227000 | 71170000 | 313.52x |
| Retail Investors | 1586000 | 454242000 | 286.41x |
| Total | 3173000 | 955353000 | 301.09x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Anondita Medicare Ltd | 10 | 0.00 | 9.60 | 9.60 | 38.10 | 21.32 |
| Cupid Ltd | 10 | 110.38 | 1.52 | 1.52 | 11.96 | 12.75 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | 290,000.00 |
| Retail (Max) | 2 | 2,000 | 290,000.00 |
| S-HNI (Min) | 3 | 3,000 | 435,000.00 |
| S-HNI (Max) | 6 | 6,000 | 870,000.00 |
| B-HNI (Min) | 7 | 7,000 | 1,015,000.00 |
Registrar
Maashitla Securities Pvt. Limited
011-45121795-96
investor.ipo@maashitla.com
https://www.maashitla.com
Book Running Lead Managers
- Narnolia Financial Services
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Anondita Medicare IPO is a Book-building IPO worth ₹69.5 crores. The price band is ₹137 to 145 per share. The IPO opens on Fri, Aug 22, 2025 and closes on Tue, Aug 26, 2025. It will be listed on BSE and NSE. Maashitla Securities Pvt. Limited is the registrar.
The Anondita Medicare IPO opens on Fri, Aug 22, 2025 and closes on Tue, Aug 26, 2025
Anondita Medicare IPO Price Band is ₹137 to 145.
Anondita Medicare IPO lot size is 1000, and the minimum amount required for application is ₹290000.
The minimum investment for Anondita Medicare IPO is approximately ₹290000 based on the upper price band.
To apply for the Anondita Medicare IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Aug 26, 2025. After submission, funds are blocked until the basis of allotment of Anondita Medicare IPO is finalised.
Anondita Medicare IPO issue size is ₹69.5 crores.
Anondita Medicare IPO allotment date is Sat, Jun 27, 2026.
The registrar for Anondita Medicare IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website for IPO allotment status, refund processing, and other queries related to Anondita Medicare IPO through their official website or helpline.
The Anondita Medicare IPO GMP (Grey Market Premium) is ₹89 as of Mon, Sep 1, 2025. Based on the upper price band of ₹145 per share, the estimated Anondita Medicare IPO listing price is ₹234, indicating a potential listing gain of approximately 31% over the issue price.