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AM

Anondita Medicare IPO

Listed SME NSE SME · Personal Care

Price Band

₹137.0–145.0

Issue Size

₹69.5 Cr

Lot Size

1,000 shares

Min Investment

₹290,000

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹89.0 (61.38%)

Issue Price

₹145.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹67600

Paid only if allotted

Anondita Medicare IPO AI Summary

  • Anondita Medicare IPO is listed on NSE SME in the Personal Care sector.
  • Price band: ₹137.0–₹145.0 per share, lot size 1,000 shares (min. investment ₹290,000, 2 lots minimum).
  • Subscription window: 22 Aug–26 Aug 2025, listing on 01 Sep 2025.
  • Current GMP is +₹89.0 (61.38%), an estimated listing price of ₹234 — unofficial and can change daily.

Anondita Medicare Limited is an emerging player in the personal care sector, focusing on flavored male condoms. With a strong manufacturing base and export capabilities, the company aims to leverage its growth potential through this IPO.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Anondita Medicare IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 26 Aug 2025 — not a current signal.

Neutral 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Fri, 22 Aug 2025
IPO Close Date
Tue, 26 Aug 2025
Allotment Date
Thu, 28 Aug 2025
Refund Initiation
Fri, 29 Aug 2025
Credit of Shares
Fri, 29 Aug 2025
Listing Date
Mon, 01 Sep 2025
Listing Price
₹234.0 +61.38%

Subscription Status

Subscription data unavailable

Anondita Medicare IPO Grey Market Premium (GMP) Today

GMP

+₹89.0

GMP %

+61.38%

Est. Listing

₹234.0

Updated: 25 Jul 2026 14:13

About the Company

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 (₹ Cr)

As of 2025-03-31

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 78.27 42.92 37.80
Total Income 77.13 46.56 36.14
Profit After Tax 16.42 3.84 0.35
EBITDA 25.65 9.09 3.58
NET Worth 37.87 10.59 8.69
Reserves and Surplus 24.58 10.39 6.55
Total Borrowing 27.39 24.01 22.66

Key Ratios

EPS

₹12.35

NAV

₹28.49

ROE

41.71%

ROCE

37.42%

RoNW

41.71%

P/B Value

15.07

P/E Ratio

11.74

Market Cap

₹262.26 Cr

PAT Margin

21.32%

Debt/Equity

0.70

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
Cupid Ltd. 12.75 11.96% 110.38 1.52 1.52
Anondita Medicare Limited This IPO 21.32 38.1% — 9.6 9.6

Promoters

Anupam Ghosh, Sonia Ghosh and Reshant Ghosh

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 requirements of the Company 35.00 3 Unidentified Acquisition and General Corporate Purposes 20.16 4 Issue Expenses 8.34 Total 69.50

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹36.14 Cr in the period ending 31 Mar 2023, rising to ₹46.56 Cr by 31 Mar 2024, and further increasing to ₹77.13 Cr by 31 Mar 2025.

Profit Trend

Profit After Tax was ₹0.35 Cr in the period ending 31 Mar 2023, increasing to ₹3.84 Cr by 31 Mar 2024, and further growing to ₹16.42 Cr by 31 Mar 2025.

Valuation

Anondita Medicare's implied P/E at the issue price is approximately 11.74, compared to peers like Cupid Ltd. which has a P/E of 110.38.

Grey Market Premium, Explained

The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading before it officially lists on the stock exchange. A positive GMP suggests strong demand for the IPO, while a negative GMP may indicate weak interest.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It's important to consider the company's growth potential and market conditions.

Who May Want to Wait

Investors who are risk-averse or prefer stable, established companies may want to avoid IPOs like this, which can be subject to significant price fluctuations in the early trading days.

IPO Timeline, Explained

The IPO opens for subscription on 22 Aug 2025 and closes on 26 Aug 2025, with allotment scheduled for 28 Aug 2025 and listing on 01 Sep 2025.

Listing Gains — The Risk

Listing-day gains can be unpredictable. While some IPOs may experience a surge in price upon listing, others may not perform as well, and investors should be prepared for the possibility of volatility.

This evaluation is generated from Anondita Medicare's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is Anondita Medicare IPO GMP today?

Anondita Medicare IPO GMP today is +₹89.0 (61.38%), indicating an estimated listing price of ₹234. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of Anondita Medicare IPO?

The price band of Anondita Medicare IPO is ₹137.0–₹145.0 per share.

When does Anondita Medicare IPO open and close?

Anondita Medicare IPO opens on 22 August 2025 and closes on 26 August 2025.

When does Anondita Medicare IPO list on the stock exchange?

Anondita Medicare IPO listed on 01 September 2025 at ₹234.0.

What is the lot size for Anondita Medicare IPO?

The lot size for Anondita Medicare IPO is 1000 shares, requiring a minimum investment of ₹290,000 (2 lots).

What is the price band for the Anondita Medicare IPO?

The price band for the Anondita Medicare IPO is ₹137.0 to ₹145.0.

What is the minimum investment required?

The minimum investment required is ₹290,000.

What is the lot size for the IPO?

The lot size for the IPO is 1000 shares.

When does the IPO open and close?

The IPO opens on 22 Aug 2025 and closes on 26 Aug 2025.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO based on unofficial trading.

Issue Details

Issue Type SME Book Built
Issue Size ₹69.5 Cr
Price Band ₹137.0 – ₹145.0
Issue Price ₹145.0
Lot Size 1,000 shares
Min Investment ₹290,000 (2 lots minimum)
Exchange NSE SME
Sector Personal Care
Open Date 22 Aug 2025
Close Date 26 Aug 2025
Allotment 28 Aug 2025
Listing Date 01 Sep 2025

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Maashitla Securities Pvt.Ltd.

Lead Managers / Book Running

Narnolia Financial Services Ltd.

IPO Timeline

Open

22 Aug 2025

Close

26 Aug 2025

Allotment

28 Aug 2025

Listing

01 Sep 2025

Community Sentiment

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