Anondita Medicare IPO Details

Bookbuilding IPO | ₹69 Cr | Listed at NSE SME | Fri, Aug 22, 2025 - Tue, Aug 26, 2025

Anondita Medicare IPO Logo

Anondita Medicare IPO is a book build issue of ₹69.50 crores. The issue is entirely a fresh issue of 0.48 crore shares of ₹69.50 crore.

Anondita Medicare IPO bidding started from Aug 22, 2025 and ended on Aug 26, 2025. The allotment for Anondita Medicare IPO was finalized on Aug 28, 2025. The shares got listed on NSE SME on Sep 1, 2025.

Anondita Medicare IPO price band is set at ₹145 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,90,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹4,35,000.

Narnolia Financial Services Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Mansi Share & Stock Broking Pvt.Ltd..

Refer to Anondita Medicare IPO RHP for detailed Information.

IPO Open

Fri, Aug 22, 2025

IPO Close

Tue, Aug 26, 2025

Issue Price

₹145 per share

Market Cap (Pre-IPO)

₹262.26 Cr

IPO Details

IPO Date22 to 26 Aug, 2025
Listed onMon, Sep 1, 2025
Face Value10 per share
Price Band₹137 to ₹145
Issue Price₹145 per share
Lot Size1,000 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtNSE SME

Total Issue Size47,93,000 shares
(agg. up to ₹69 Cr)
Reserved for Market Maker
2,70,000 shares
(agg. up to ₹4 Cr)
Mansi Share & Stock Broking Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
45,23,000 shares
(agg. up to ₹66 Cr)
Net Offered to Public45,23,000 shares
(agg. up to ₹66 Cr)
Share Holding Pre Issue1,32,93,618 shares
Share Holding Post Issue1,80,86,618 shares
NSE Symbol ANONDITA
ISININE0VTV01012

IPO Timetable

Issue Reservation

Anondita Medicare IPO comprises a total issue size of 47,93,000 shares. The net offer to the public is 45,23,000 shares, after excluding 2,70,000 shares allotted on a firm basis. Of the Net offer 22,56,000 (49.88%) are allocated to QIB, 6,81,000 (15.06%) allocated to NII 15,86,000 (35.07%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 22,56,00049.88%47.07%
  − Anchor Investor Shares Offered 13,50,00028.17%
  − QIB (Ex. Anchor) Shares Offered 9,06,00018.90%
NII (HNI) Shares Offered 6,81,00015.06%14.21%
  − bNII > ₹10L 4,56,0009.51%
  − sNII < ₹10L 2,25,0004.69%
Retail Shares Offered 15,86,00035.07%33.09%
Firm Reservations
Market Maker Shares Offered 2,70,0005.63%
Total Shares Offered 47,93,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. 

Application Lots Shares Amount
Individual investors (Retail) (Min) 2 2,000 ₹2,90,000
Individual investors (Retail) (Max) 2 2,000 ₹2,90,000
S-HNI (Min) 3 3,000 ₹4,35,000
S-HNI (Max) 6 6,000 ₹8,70,000
B-HNI (Min) 7 7,000 ₹10,15,000
IPO Subscription Details

IPO Anchor Investors

Anondita Medicare IPO raises ₹19.58 crore from anchor investors. Anondita Medicare IPO Anchor bid date is August 21, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateThu, Aug 21, 2025
Shares Offered13,50,000
Anchor Portion (₹ Cr.)19.58
Anchor lock-in period end date for 50% shares (30 Days)Sat, Sep 27, 2025
Anchor lock-in period end date for remaining shares (90 Days)Wed, Nov 26, 2025

About Anondita Medicare Ltd.

Founded in March 2024, Anondita Medicare Limited manufactures flavored male condoms, with its flagship product branded as “COBRA.” The company produces 562 million condoms annually.

The company has a manufacturing facility situated in Noida, Uttar Pradesh.

Anondita Medicare exports its products to several international markets, including Southeast Asia, Africa, and the Middle East.

The company collaborates with global health organizations, NGOs, and governments to support family planning and public health initiatives.

Anondita Medicare has a robust distribution network that ensures the timely delivery of its products to various markets.

The company collaborates with wholesalers, retailers, and e-commerce platforms to make its products widely accessible. It also has strong ties with government health programs and institutions, playing a key role in supplying essential medical products for public health initiatives.

As on July 31, 2025, the Company had 280 employees.

Competitive Strength:

  • Experienced and significant condom manufacturer in India.
  • Well-recognized in North India
  • Offers a diverse range of products.

Company Financials (Restated Consolidated)

Anondita Medicare Ltd.'s revenue increased by 66% and profit after tax (PAT) rose by 327% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets78.2742.9237.80
Total Income77.1346.5636.14
Profit After Tax16.423.840.35
EBITDA25.659.093.58
NET Worth37.8710.598.69
Reserves and Surplus24.5810.396.55
Total Borrowing27.3924.0122.66
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding capital expenditure requirements for the purchase of equipment/machineries 6.00
2 Funding the Working Capital requirement 35.00
3 Unidentified Acquisition and General Corporate Purposes 20.16

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)12.359.08
P/E (x)11.7415.98
Promoter Holding83.95%61.71%
Market Cap262.26 Cr.
The company's Promoters are Mr. Anupam Ghosh, Mrs. Sonia Ghosh and Mr. Reshant Ghosh.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
AML is in the business of manufacturing and marketing of male condoms and off late entered in female condoms. The company got converted in a public limited company in 2024, till then it was a proprietorship concern. The company posed growth in its top and bottom lines for the reported periods. The boosted bottom line from FY2024 raise eyebrows and in particular bumper profits reported for FY25 appears to be a window dressing for fetching fancy valuations. Based on its recent financial data, the issue appears greedily priced. Only well-informed/cash surplus investors may park moderate funds for medium term.
Read detail review...

Anondita Medicare IPO Recommendations

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Anondita Medicare IPO Subscription Status (Bidding Detail)

The Anondita Medicare IPO is subscribed 300.89 times on August 26, 2025 6:19:02 PM (Day 3). The public issue subscribed 286.20 times in the individual investors category, 153.03 times in the QIB category, and 531.82 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
QIB (Ex Anchor)153.039,06,00013,86,48,000169
NII*531.826,81,00036,21,72,00060,911
    bNII (bids above ₹10L)641.024,54,00029,10,23,000
    sNII (bids below ₹10L)313.432,27,0007,11,49,000
Individual Investors286.2015,86,00045,39,08,0002,26,954
Total300.8931,73,00095,47,28,0002,88,034

Total Application : 2,88,034

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Book Running Lead manager(s) fees including underwriting commission. 3.00
2 Brokerage, selling commission and upload fees. 0.09
3 Registrars to the issue 0.12
4 Printing, advertising and marketing expenses 0.11
5 Regulators including stock exchanges 0.06
6 Legal Advisors 0.10
7 Others, if any (Advisors to the company, Peer Review Auditors, and other misc. expenses) 4.85

Listing Day Trading Information

Price DetailsNSE SME
Final Issue Price145.00
Open275.50
Low261.75
High289.25
Last Trade289.25

Check IPO Performance…

IPO Registrar

Maashitla Securities Pvt.Ltd.

Contact Details

Anondita Medicare Ltd. Address
Flat No.704 Narmada Block,
N6, Sec-D,
Pkt-6 Vasant Kunj,
New Delhi, New Delhi, 110070
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IPO FAQs

Anondita Medicare IPO is a SME IPO of 47,93,000 equity shares of the face value of ₹10 aggregating up to ₹69 Crores. The issue is priced at ₹145 per share. The minimum order quantity is 1000.

The IPO opens on Fri, Aug 22, 2025, and closes on Tue, Aug 26, 2025.

Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Anondita Medicare IPO using UPI as a payment gateway. Zerodha customers can apply in Anondita Medicare IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Anondita Medicare IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Anondita Medicare IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Anondita Medicare IPO opens on Fri, Aug 22, 2025 and closes on Tue, Aug 26, 2025.

Anondita Medicare IPO lot size is 1000, and the minimum amount required for application is ₹2,90,000, with 2 lots being the minimum application size.

You can apply in Anondita Medicare IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Anondita Medicare IPO will be done on Thursday, August 28, 2025, and the allotted shares will be credited to your demat account by Fri, Aug 29, 2025. Check the Anondita Medicare IPO allotment status.

The Anondita Medicare IPO listing date is on Mon, Sep 1, 2025.

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