API Holdings Limited formerly known as API Holdings Private Limited is an unlisted public limited company, incorporated on 31st March 2019.
API Holdings Limited is India's largest digital healthcare platform in terms of the gross merchandise value (GMV) of products and services sold.
The Company is engaged in diversified businesses primarily trading pharmaceutical and cosmetic goods, licensing of internet portals or mobile applications related to sales and distribution of pharmaceutical and cosmetic goods, diagnostic services, teleconsulting, etc.
API Holdings Ltd, the parent company of online pharmacy and health tech platform PharmEasy, which recently withdrew its IPO due to "market conditions and external factors”, recorded a larger loss for FY22 than the previous year. Pharmeasy share price has grown from a distributor of medicinal products to a fully integrated, digital healthcare platform that offers teleconsultation, medical equipment, and pharmaceuticals.
PharmEasy Outstanding Shares: |
17,03,24,95,304 |
Face Value of PharmEasy Unlisted Share: |
Rs. 1 Per Equity Share |
ISIN of PharmEasy Unlisted Share: |
INE0DJ201029 |
Lot Size of PharmEasy Unlisted Share: |
10,000 Shares |
PharmEasy Share Price: |
Best in Industry |
PAN Number of PharmEasy: |
AASCA1201E |
GST Number of PharmEasy: |
27AASCA1201E2Z2 |
PharmEasy CIN Number |
U60100MH2019PLC323444 |
PharmEasy Registration Date |
31-Mar-19 |
Category / Sub-Category of PharmEasy |
Limited by Shares/ Non-govt company |
PharmEasy Registered Office Address |
Unit No 104, Marwahs Complex 4, Marwah Estate, Krishnalal, Marwah Marg, Mumbai - 400072 |
PharmEasy Registrar & Transfer Agent Address and Contact Details |
Link InTime India Private Limited, 902, 9TH Floor, Raheja Plaza 1, B Wing, Opposite R City Mall, L.B.S Marg, Ghatkopar, Mumbai - 400086 |
Vineet Rai - Independent Director
Subramaniam Somasundaram - Independent Director
Jaydeep Dahyalal Tank - Independent Director
Aditya Puri - Professional Director
Deepak Calian Vaidya - Independent Director
Ankur Nand Thadani - Professional Director
Ashutosh Sharma - Professional Director
Siddharth Bhaskar Shah - Managing Director
Dhaval Shah - Whole Time Director
Dovaldas Buzinskas - Professional Director
Hardik Kishor Dedhia - Whole Time Director
Ranjan Ramdas Pai - Professional director
Shyam Powar - Professional Director
| . No. | Name of the Company | Holding/ Subsidiary/ Associate | % of Shares held |
|
1. |
Threpsi Solutions Private Limited |
Subsidiary |
100 |
|
2. |
ARZT and Health Private Limited |
Subsidiary |
100 |
|
3. |
Ascent Wellness and Pharma Solutions Private Limited |
Subsidiary |
100 |
|
4. |
Docon Technologies Private Limited |
Subsidiary |
100 |
|
5. |
Thyrocare Technologies Limited |
Subsidiary |
71.18 |
|
6. |
AKP Healthcare Private Limited |
Subsidiary |
51 |
|
7. |
Ayro Retail Solutions Private Limited |
Subsidiary |
100 |
|
8. |
Venkatesh Medico Private Limited |
Subsidiary |
51 |
|
9. |
Instinct Innovations Private Limited |
Subsidiary |
100 |
|
10. |
Eastern Agencies Healthcare Private Limited |
Subsidiary |
100 |
|
11. |
MARG ERP Ltd |
Associate |
99.23 |
|
12. |
Equinox Labs Limited |
Associate |
209.2 |
|
13. |
Impex Healthcare Private Limited |
Associate |
90.30 |
According to a Red Seer Report, the company has a target addressable market of Rs. 10.4 trillion ($139 billion) as of 2020, which corresponds to the size of the entire Indian Healthcare market in 2020. The target addressable market is expected to grow at a 14% CAGR to reach $20 trillion ($266 billion) by 2025.
Online pharmacy-led play: Online pharmacies, consisting of at-home delivery of prescription medicines, covered 63% of the market pre-COVID in 2019 and held 55% of the market in 2020, despite the disruption in pharma supply. eOTC is the second-largest segment, constituting doorstep delivery of generic medicines and health products. It accounted for 26% of the market share before COVID, which soared to 35% in 2020, owing to the high demand for COVID-related OTC products.
Large headroom ahead: Despite the high growth, digital penetration in health (across pharma, OTC, diagnostics, and consultation) is only at 2%, indicating a very nascent stage of penetration. For example, online pharmacy penetration in India was 2.3% in 2020, significantly lower than in China (10-15%) and the United States (30-35%).
Q. What
is the face value of API Holdings Ltd (PharmEasy) shares?
Answer: The face value of API Holdings Ltd shares is ₹1 per equity
share.
Q. What
is the ISIN of PharmEasy shares?
Answer: The ISIN of API Holdings Ltd is INE0DJ201029.
Q. What
is the minimum lot size for buying PharmEasy shares through WWIPL?
Answer: The minimum lot size is 10,000 shares, subject to market
availability.
Q. Why
should I buy PharmEasy shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, verified
transfers, and dedicated support throughout the investment journey.
Q. Is
investing in PharmEasy a good idea?
Answer: Investors often evaluate PharmEasy based on its position in
India's digital healthcare ecosystem, scale, diagnostics business, and
long-term
healthcare consumption trends.
Q. What
does API Holdings Ltd (PharmEasy) do?
Answer: API Holdings operates an integrated digital healthcare platform
offering online medicine delivery, diagnostics, teleconsultation, and
healthcare services across India.
Q. Which
businesses operate under API Holdings?
Answer: API Holdings operates PharmEasy and owns a majority stake in
Thyrocare Technologies Limited, strengthening its diagnostics presence.
Q. What
makes PharmEasy different from traditional pharmacy businesses?
Answer: PharmEasy combines e-pharmacy, diagnostics, and digital
healthcare services into a single technology-driven platform.
Q. What
are the key growth drivers for PharmEasy?
Answer: Digital healthcare adoption, increasing online medicine
purchases, diagnostics growth, preventive healthcare awareness, and higher
internet penetration can support future growth.
Q. What
factors influence the valuation of PharmEasy shares?
Answer: Revenue growth, profitability, customer retention, market share,
cash flows, funding activity, and future IPO expectations are major valuation
drivers.
Q. Has
PharmEasy filed for an IPO?
Answer: Yes. PharmEasy had filed IPO papers earlier but subsequently
withdrew them. Any future IPO will depend on business performance and market
conditions.
Q. What
are the risks of investing in PharmEasy shares?
Answer: Investors should consider profitability challenges, competition,
execution risks, funding dependency, valuation risks, and liquidity constraints
associated with unlisted shares.
Q. What
should investors evaluate before investing in API Holdings Ltd?
Answer: Investors should assess revenue growth, profitability trends,
cash burn, market share, balance sheet strength, and long-term healthcare
sector prospects..
Q. What
is the total outstanding share capital of PharmEasy?
Answer: API Holdings has approximately 1,703.25 crore outstanding
equity shares.
Q. Why do
HNIs track PharmEasy before a potential future listing?
Answer: Investors monitor PharmEasy because of its scale, healthcare
ecosystem presence, and potential long-term value creation if the business
successfully improves profitability.