Pharmeasy Share Price Full Details
About the Company
PharmEasy is India’s leading digital healthcare platform. It provides information, consultations, diagnostics tests, medicines, healthcare products, and services from registered and trusted pharmacies, leading diagnostic laboratories, and trusted doctors across India, serving every habitable zip code of the country (Wikipedia).
The journey of PharmEasy was started in 2015, when founders Dharmil Sheth, an MBA from IMT Ghaziabad and Dr. Dhaval Shah, MBBS from Rajiv Gandhi Medical College and MBA from XLRI Jamshedpur, came up with the idea of an online pharmacy to make healthcare affordable and accessible to one and all.
Overview of PharmEasy
They are India’s largest digital healthcare platform (based on GMV of products and services sold for the year ended March 31, 2021), according to RedSeer Report.
They operate an integrated, end-to-end business that aims to provide solutions for the healthcare needs of consumers across the following critical stages
A. providing digital tools and information on illness and wellness.
B. offering Teleconsultation.
C. offering diagnostics and Radiology tests.
D. delivering treatment protocols including products and devices.
PharmEasy custom-built proprietary technology, unified data platforms, supply chain capabilities, and a deep understanding of the dynamic interplay between the various sub-segments of India’s healthcare market are the capabilities that differentiate us.
These capabilities enable PharmEasy to provide each stakeholder in the healthcare value-chain, viz.:
(a) channel (wholesalers, retailers, and chemists/institutions).
(b) consultants (and hospitals), diagnostic and radiology labs.
(c) consumers
(d) companies (pharmaceutical, nutraceutical, medical devices).
The businesses have a presence across the country, with last-mile 163 capabilities to deliver in over 18,587 pin codes (for June 2021) via PharmEasy marketplace, allowing the ability to provide access in an affordable manner to the common man. The platforms have scaled across urban, semi-urban, and rural India, with an ability to serve people across income groups and geographies.
Journey of PharmEasy
2015 – Started the journey in Mumbai and received angel funding.
2016 – Received Series-A funding and expanded into 5 cities. The same year they have started a home-diagnostics service.
2017 – Received Series-B funding and expanded into 700 cities. Launched online delivery of health care products.
2018 – Received Series-C funding and expanded PAN India presence.
2019 – Received Series-D funding and expanded more than 22000+ PIN codes.
2020– It has got merged with Ascent Health and 5 other companies to form API Holdings, to form India’s biggest online healthcare company.
2021 – It has purchased 66% stakes in Thyrocare and this is the first listed company to be acquired by any Unicorn in India.
Currently, there is a team of 4000+ dedicated employees and have more than 10000+ retail stores working 24*7 to ensure medicines are delivered on time and at the best possible prices.
Funding History
March 2016 | ~34 Crores |
March 2017 | ~104 Crores |
April 2017 | ~13 Crores |
February 2018 | ~13 Crores |
September 2018 | ~350 Crores |
September 2018 | ~2800 Crores |
November 2019 | ~1650 Crores |
April 2021 | ~2400 Crores |
June 2021 | ~150 Crores |
Product and Services
If you check the website of PharmaEasy, you will find the following services;
(i) Order Online Medicine
How does it work?
Step-1: The buyer needs to upload the prescription. Once PharmEasy receives it, they verify and send the same to the Medical stores near the pin code.
Step-2: PhameEasy delivery agent then collects medicine from Pharmacy and delivers it to the user.
(ii) Healthcare Products
Similar to buying the medicine you can buy various healthcare products such as Nutritions, Personal care, Skin Care, Ayurvedic Products, Life-Style Ailments Products.
(iii) Diagnostics Tests
Under this service, you can book diagnostics tests under PharmEasy labs. PharmEasy labs is a diagnostic service offered by its partner lab Medlife Labs directly. Medlife is now being acquired by PharmEasy. As they have recently acquired Thyrocare, they are giving the option to book tests for these labs as well.
PharmEasy Business Model
The business model is very simple and straightforward. It connects buyers, suppliers, and distributors. Buyer has the option to choose services such as Medicine, Health-Care Products, book diagnostic tests, etc from the application and website.
They get 1-2% commission on selling medicines, they get advertisement money for displaying products of various pharmaceuticals, Nutraceuticals, companies, etc., and also get income from diagnostics tests.
Source: UnlistedZone App
Note: Above Pharmeasy Share Price Graph is taken on 25th Jan 2021. For updated Pharmeasy unlisted share price, please consider downloading and installing our Android App. You can also check the live prices and historical prices of other unlisted shares currently trading in unlisted markets of India.
Total Available Shares: | 10000 |
Face Value: | ₹ 1 Per Equity Share |
ISIN: | INE0DJ201029 |
Lot Size: | 100 Shares |
Current Unlisted Share Price: | ₹ 64 Per Equity Share |
Management Team | Qualification | Designation | Experience |
Siddharth Bhaskar Shah | MBA, IIM A | Co-founder, Managing Director and Chief Executive Officer | |
Harsh Shailesh Parekh | MBA,NMIMS | Co-founder and Whole-time Director | Bharti Airtel |
Dharmil Sheth | MBA, IMT G | Co-founder and Whole-time Director | MakeMyTrip, |
Dhaval Rajesh Shah | MBBS,MBA(XLRI) | Key Management Personnel | McKinsey and Company |
Hardik Dedhia | Master of Computer Engineering, Carnegie Mellon | Key Management Personnel | NetApp,Ascent Health |
Ankur Thandani | B.Tech,ENTC | Non executive director | RISE fund |
Aditya Puri | CA,ICAI | Chairman and Non executive director | HDFC bank(MD) |
Ashutosh Sharma | MBA,Booth School | Non executive director | |
Savita Sharma | PGDM,Symboisis | Chief HR | M&M, Bharti Airtel |
Akash Bharadwaj | B.Tech,MBA | Chief Strategy Officer | 91Streets,Goldman Sach |
Name of Shareholders | No.of Shares | % of holding |
Siddharth Shah | 89,176,340 | 1.32 |
Dharmil Sheth | 18,269,329 | 0.30 |
Harsh Parekh | 17,037,456 | 0.28 |
Naspers Ventures BV | 813,316,570 | 12.04 |
Macritchie Investments Pte. Ltd | 732,516,290 | 10.84 |
TPG Growth V SF Markets Pte. Ltd. | 449,492,340 | 6.65 |
Particulars (Fig. In Cr) | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | Jun-21 |
Revenue from Operation | 0.14 | 33 | 111 | 358 | 667 | 2335 | 1100 |
Other Income | 0.08 | 0.87 | 2.58 | 5.62 | 70 | 25 | 100 |
Total Revenue | 0.22 | 34 | 114 | 363 | 737 | 2360 | 1200 |
Purchases | 0.75 | 42 | 118 | 377 | 700 | 2266 | 1234 |
Change in Inventory | -0.59 | -9.82 | -11 | -42 | -58 | -114 | -126 |
Employee Benefit Exps | 4 | 14 | 38 | 80 | 137 | 270 | 165 |
Other Exps | 7 | 34 | 63 | 185 | 275 | 481 | 215 |
EBITDA | -11 | -47 | -97 | -243 | -386 | -569 | -292 |
OPM | -7319.05% | -141.73% | -87.65% | -67.82% | -57.85% | -24.38% | -24.45% |
Finance Cost | 0.07 | 0.18 | 2.86 | 5.12 | 12 | 43 | 20 |
Depreciation | 0.23 | 1.26 | 3.74 | 6.24 | 19 | 32 | 17 |
Profit Before Tax | -11 | -48 | -101 | -248 | -347 | -620 | -319 |
Tax Exps | 0.01 | 0.07 | -2 | -5 | -11 | 21 | -6 |
Profit After Tax | -11 | -48 | -100 | -243 | -335 | -641 | -313 |
NPM | -7415.27% | -143.67% | -90.19% | -67.92% | -50.23% | -27.46% | -26.23% |
EPS (Basic) | -93 | -415 | -865 | -2090 | -12 | -2 | -0.77 |
Companies | Mcap | Revenue | EPS | P/S |
NetMed | 6,200.00 | 77.00 | NA | 80.51 |
Hims(USA) | $1,200.00 | $148.00 | NA | 8.10 |
Please find below the procedure for buying PharmEasy Unlisted Shares at UnlistedZone.
Please find below the procedure for selling PharmEasy Unlisted Shares at UnlistedZone.
Lock-in period of PharmEasy Unlisted Shares depends upon category of investors.
DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the PharmEasy Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy PharmEasy Unlisted Shares then minimum investment would be 35-50k.
Yes, buying and selling of unlisted shares in India is 100% legal.
If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.
After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
If you buy PharmEasy Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.
Check credit of PharmEasy Unlisted Shares Instantly?
The PharmEasy Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.
The price of PharmEasy Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.
If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.
"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."
We at UnlistedZone do the valuation based on 2 methods.
As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.
We source shares either from the employees or initial investors looking to liquidate their PharmEasy Unlisted Shares.
Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their PharmEasy Unlisted Shares in the unlisted market itself.
Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.
For tracking news and other information about PharmEasy Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.
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AKOOL
Apollo Hospitals Enterprise which runs a competitor platform called Apollo 247, along with the biggest hospital chain, biggest pharmacy chain, diagnostic services, specialty clinics, telehealth, R&D centres – everything built in-house and profitable – is currently valued around $7 billion. Why should I buy a cash burning medicine delivery company at $5.6 billion valuation?
India2000
What is the fate of this company now? Can it survive Reliance (since Netmeds is owned by reliance)?
Umesh Paliwal
Yes, Pharmeasy is a brand. It has 50% market share and Net-med is only at 15%.
sk shetty
What is the p/s ratio of pharmeasy ?
Umesh Paliwal
Expected Revenue in FY22 = ~6000 Crores…
Mcap at Rs.115 = Rs. 70000 Crores…
Mcap/Sales = 11.67x…
Umesh Paliwal
Summary of objections faced by PharmEasy to date
September 2020: PharmEasy’s merger with MedLife merger was approved despite opposition from the SCDA which had argued that online pharmacies were not allowed under the law, and hence the CCI cannot permit “combination for an illegal purpose”. In a representation to the CCI, the association had said that the proposed merger is essentially “that of two e-pharmacies as well as companies involved in the distribution chain”. It also said that the deep discounting by e-pharmacies can harm competition, given that these “are not based on any efficient business model but solely due to cash burn thanks to investment from foreign-based entities”.
July 2021: PharmEasy’s acquisition of Thyrocare was opposed by SCDA in a letter sent to CCI asking the regulatory body to reject the acquisition because e-pharmacies are not legal under Indian law and therefore the proposed acquisition needs to be rejected. It also claimed that allowing PharmEasy to acquire Thyrocare would result in dominance in the market by API Holdings.
November 2021: SCDA again asked SEBI to reject the initial public offering (IPO) of PharmEasy on the grounds that online pharmacies are not legal under Indian law as per a letter sent by the association. The association lists the same reasons as it does in the petition in pleading its case.
December 2021: The Confederation of All India Traders (CAIT) wrote to SEBI a few weeks ago asking the regulator to reject the initial public offering (IPO) of API Holdings, owner of PharmEasy, arguing that the online pharmacy’s business model is “entirely based on gross illegality.”
indianfriendszone
Medplus Health being Second Largest pharmacy retailer …. valued at around $1.2-1.3B
can we compare this with Pharmeasy from unlisted stock (at 110-120/- per share) is valued at $9-10B
?
I have heard good review about Medplus compared to other options…
Pharmeasy Total Revenue for March 2021 = 2360cr
Net Profit = -641cr (loss)
As mentioned in Medplus IPO Total Revenue Rs. 3090.81 cr. / Rs. 63.11 cr. for March 2021
Umesh Paliwal
PharmEasy FY22 revenue would be ~6400 Crores….First Quarter Results for FY22, PharmEasy has posted ~1600 Crores revenue….
And, PharmEasy is not only an online Pharmacy but complete ecosystem…..
Having said that, the valuation at CMP looks fully-priced in…
indianfriendszone
Around One month back Pharmeasy raised fund at $5.6B
and today @130/- it is almost approx valued at $10.6B
Pharmeasy has already filed for IPO… so i just hope it doesnt happen like Policy Bazar and Paytm.
Just before IPO all such startups has given negative returns… even Finopay..
So always better to enter much before IPO… atleast minimum a year
varunsingh01
Hi, I am interested to buy. could you please share the price ?
Umesh Paliwal
Hi, Current market price of Pharmeasy is Rs.130 per share.
pavan kumar
availabe @128
indianfriendszone
What is the price ?
pavan kumar
available @ 128/share..
indianfriendszone
Hello
Do u have the lastest Shareholding Pattern and Balance Sheet?
Umesh Paliwal
Not yet..
Umesh Paliwal
PharmEasy, India’s largest online pharmacy, has nearly doubled its revenue in FY20 to Rs 637 crore although its losses also increased during the same period, according to documents viewed by Moneycontrol.
PharmEasy’s trading entity, run by Thea Technologies Pvt. Ltd, earned Rs 637 crore in FY20 – compared to Rs 340 crore in FY19, according to its unaudited financial statements. Its losses before tax for the period also doubled to Rs 100.7 crore from Rs 50 crore a year earlier.
The FY20 numbers, ending March 31, only factor in a small portion of the coronavirus lockdown while the last six months have been a busy time for the industry amid fundraises, acquisitions and orders going through the roof.
Compared to other online pharmacies, at least on paper, PharmEasy has been able to keep its cash burn and losses in check. A loss of Rs 100 crore on revenue of Rs 640 crore of revenue is better compared to rivals Medlife (which PharmEasy is acquiring) and Sequoia Capital-backed 1mg. For FY19. Medlife’s revenue grew 165% to Rs 363 crore, on a loss of Rs 404 crore, while 1mg more than doubled to Rs 240 crore in FY19, while losses also almost doubled to Rs 170 crore.
Umesh Paliwal
Online pharmacy PharmEasy’s parent will buy a 66.1% stake in diagnostic chain Thyrocare Technologies for ₹4,546 crore, in a sign that Indians are increasingly using mobile apps for their healthcare needs.
Umesh Paliwal
In 2019, to give competition to Reliance Retail acquired Net-Meds, Amazon, Flipkart etc. 5 companies decided to merge and formed an alliance called API Holdings and PharmEasy was one of them.