Anondita Medicare IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Fri, 22 Aug 2025
Close Date
Tue, 26 Aug 2025
Price Band
₹ 137 – 145
Lot Size
1000
Issue Size
₹ 69.50 Cr
Minimum Investment
₹ 290,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Anondita Medicare IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹69.50 Crore, comprising a fresh issue of 47.93 Lakh equity shares aggregating to ₹69.50 Crore.
The Anondita Medicare IPO remained open for subscription from August 22, 2025, to August 26, 2025. The basis of allotment was finalized on August 28, 2025, and the company's shares were listed on NSE SME Platform on September 01, 2025.
The company had fixed the price band at ₹137 to ₹145 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹290,000 (based on the upper price band) to apply for one lot.
Maashitla Securities Pvt. Limited served as the registrar to the issue. Narnolia Financial Services acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Anondita Medicare Ltd is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Anondita Medicare IPO Timeline (Tentative)
- IPO Open Date
- Fri, 22 Aug 25
- IPO Close Date
- Tue, 26 Aug 25
- Basis of Allotment
- Thu, 28 Aug 25
- Initiation of Refunds
- Fri, 29 Aug 25
- Credit of Shares to Demat
- Fri, 29 Aug 25
- Listing Date
- Mon, 01 Sep 25 — NSE & BSE
Open Date
22 August 2025
Close Date
26 August 2025
Basis Of Allotment
28 August 2025
Listing Date
01 September 2025
IPO Subscription
Check Live Subscription →The Anondita Medicare IPO has received bids for 95,53,53,000 shares against 31,73,000 shares offered, resulting in an overall subscription of 301.09x. the NII category is subscribed 532.25x, Retail Investors 286.41x, and QIBs 153.03x. Within the NII category, BNII is subscribed 641.61x, while SNII is subscribed 313.52x.
QIB
153.03x
NII
532.25x
BNII
641.61x
SNII
313.52x
RII
286.41x
Total
301.09x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 15,86,000 shares, representing 49.99% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 9,06,000 shares (28.55%), while Non-Institutional Investors (NIIs) receive 6,81,000 shares (21.46%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 906,000 | 28.55% |
| Non-Institutional | 681,000 | 21.46% |
| BNII | 454,000 | 14.31% |
| SNII | 227,000 | 7.15% |
| Retail Investors | 1,586,000 | 49.99% |
| Total | 3,173,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Anondita Medicare Ltd KPI Information
| 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 |
| Pat Margin % | 21.32 | 8.28 | 0.97 |
Peers Comparison
| 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 |
About Anondita Medicare Ltd
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
Anondita Medicare IPO Promoters
- Mr. Anupam Ghosh
- Mrs. Sonia Ghosh
- Mr. Reshant Ghosh
Promoters Holding
Holding Pre Issue
83.95%
Holding Post Issue
61.71%
Anondita Medicare IPO Objective
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
Anondita Medicare Ltd Address / Contact Details
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
Anondita Medicare IPO Lot Size
The Anondita Medicare IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹2,90,000 by applying for 2 lot (2,000 shares). The maximum application allowed for the retail category is 2 lots (2,000 shares), requiring an investment of ₹2,90,000.
| 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 |
Issue Reservation
- QIB — 28.55%
- NII — 21.46%
- RII — 49.99%
Book Running Lead Managers
- Narnolia Financial Services
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Anondita Medicare IPO?
Anondita Medicare IPO is a Book-building IPO with a total issue size of ₹69.5 crore. The Anondita Medicare IPO price band is ₹137 to 145 per share. The Anondita Medicare IPO subscription opens on Fri, Aug 22, 2025, and closes on Tue, Aug 26, 2025. The Anondita Medicare IPO will be listed on the NSE. Maashitla Securities Pvt. Limited is the registrar for the Anondita Medicare IPO.
When will the Anondita Medicare IPO open for subscription?
The Anondita Medicare IPO opens on Fri, Aug 22, 2025 and closes on Tue, Aug 26, 2025
What is Anondita Medicare IPO Price Band?
Anondita Medicare IPO Price Band is ₹137 to 145 per share.
What is Anondita Medicare IPO Lot Size?
Anondita Medicare IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹290000 based on the upper price band
What is the minimum investment for Anondita Medicare IPO?
The minimum investment for Anondita Medicare IPO is ₹290000, based on one lot of 1000 shares at the upper price band of ₹145 per share.
How to apply for Anondita Medicare IPO?
Investors can apply for the Anondita Medicare IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Aug 26, 2025. The application amount remains blocked until the Anondita Medicare IPO allotment is finalized.
What is Anondita Medicare IPO Issue Size?
Anondita Medicare IPO issue size is ₹69.5 crores.
What is the Anondita Medicare IPO Allotment Date?
Anondita Medicare IPO allotment date is Thu, Aug 28, 2025.
Who is the Anondita Medicare IPO Registrar?
The registrar for Anondita Medicare IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Anondita Medicare IPO allotment status, refund processing, and other IPO-related information.
What is the Anondita Medicare IPO GMP?
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 61.38% over the issue price.
Who is the Anondita Medicare IPO Lead Manager?
The book-running lead managers (BRLMs) for the Anondita Medicare IPO are Narnolia Financial Services. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Anondita Medicare IPO Red Herring Prospectus (RHP).