Quote on PharmEasy IPO by Mr. Yash Gupta, Angel One Ltd
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Below is quote on PharmEasy IPO by Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd
After acquiring a 66% stake in Thyrocare Technologies for ₹4,546 crores in June 2021, since then pharmeasy eyeing the IPO. As per different market news, PharmEasy has raised ₹2,600 crores in a Pre-IPO placement at valuations of $5.6 billion. It includes primary funding as well as a secondary share sale. Earlier in June 2021 at the time of acquiring a stake in Thyrocare, PharmEasy was valued at $4 billion and now after pre-IPO, its valuations have jumped to $5.6 billion. It is expected that in the current year PharmEasy will be filling its DRHP for approval to regulators.
Above views are of the author and not of the website kindly read disclaimer
Tag News
Quote on Silver : Silver price falls in recent weeks Says Prathamesh Mallya, Angel One
