A rush was witnessed among people to become stakeholders in Anondita Medicare, a company that manufactures condoms. The company has been recording a surge in its share price over the past few days, as it hit the upper circuit by 5% on the NSE and its price touched Rs 595.70. An order of around 2,19,000 shares is pending on the NSE.
The company's share was listed on September 1, 2025, and the share price jumped by 300% from its IPO price.
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The share price of Anondita Medicare was Rs 145. The company’s share was listed in the market at Rs 275.50 on September 1, 2025, and the stock closed at Rs 289.25.
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The share price touched Rs 595.70 on October 31, 2025. The stock price has jumped by 300% from its issue price of Rs145. The IPO was open for subscription from August 22 to August 26.
The total subscription for Anondita Medicare was 300.89 times the offer size. The quota for retail investors was subscribed 286.20 times. On the other hand, in the Non-Institutional Investors category, the subscription stood at 531.82 times, while the Qualified Institutional Buyers category was subscribed 153.03 times.
Anondita Medicare manufactures flavoured condoms for men and women. The company produces 562 million condoms annually, with its manufacturing unit located in Noida.