Edelweiss Financial Services acted as Book Running Lead Manager (BRLM) to MedPlus on its IPO

MedPlus is the 2nd largest pharmacy retail chain in India (in terms of revenue and number of stores in Fiscal 2020 and as on March 31, 2021).

Edelweiss Financial Services has successfully closed INR 13,983mn (c.US$ 188mn) Initial Public Offering (IPO) for MedPlus.