Unlisted Shares / PharmEasy
PharmEasy

PharmEasy Unlisted Share Price

As of , the indicative unlisted share price of PharmEasy is ₹5.60 per share. This is an over-the-counter reference price, not a stock-exchange quote.

As of , PharmEasy is not listed on any Indian stock exchange (NSE or BSE) — its shares trade in the unlisted, over-the-counter (pre-IPO) market.

  • Sector: Healthcare
  • Status: Unlisted
  • Indicative price: ₹5.60 per share (as of 16 July 2026)
  • Minimum lot: 1,790 shares
  • Minimum investment:10,024
Industry: HealthcareIncorporated: 2019Unlisted
Daily price
₹5.60
₹0 (+0.00%)· 1W
As of 16 Jul 2026
8 Jul16 Jul
Indicative. Past performance is not indicative of future results.
At a glance
Price / unit₹5.60
Market cap₹9,538 Cr
Min. investment₹10,024
Lot size1,790
P/B ratio2.77
Book value₹1.75
Key metrics
Price / unit
₹5.60
Market cap
₹9,538 Cr
Min. investment
₹10,024
Lot size
1,790
P/B ratio
2.77
Book value
₹1.75
Face value
₹1
EPS
-1.05
Debt / equity
0.68
Company information
CIN
U60100MH2019PLC323444
ISIN
INE0DJ201029
PAN
AASCA1201E
Incorporated
2019
Outstanding shares
170.32 crore shares (1,703,249,5304 equity shares; ~1,716 crore per some sources)
₹ in lakhFY21FY22FY23FY24FY25
Revenue2,33,5275,72,8826,64,3945,66,4295,87,216
Profit after tax-64,134-3,99,250-5,21,144-2,53,340-1,57,239
EPS (₹)-9-3-1
Revenue (₹ in lakh)
FY21
2,33,527
FY22
5,72,882
FY23
6,64,394
FY24
5,66,429
FY25
5,87,216
₹ in lakhFY24FY25
Share capital62,40465,167
Reserves & surplus1,56,4752,30,892
Trade receivables70,62166,951
Trade payables41,29142,671
₹ in lakhFY24FY25
Operating (CFO)-6,114-22,353
Investing (CFI)-1,26,09577,496
Financing (CFF)1,45,683-75,991
Net cash generated13,475-20,848
Net margin-44.7%-26.8%
Operating margin-11.4%-11.3%

What is PharmEasy?

PharmEasy is an unlisted Healthcare company whose shares trade in India's over-the-counter (pre-IPO) market and settle in demat form (NSDL/CDSL).

PharmEasy is the consumer-facing brand operated under API Holdings Limited, one of India's largest digital healthcare and e-pharmacy platforms. The business connects patients, pharmacies, diagnostic labs, and hospitals through a single technology layer, allowing users to order prescription and over-the-counter medicines, book diagnostic tests, schedule teleconsultations, and access health products for home delivery. Over time the group expanded from a pure online pharmacy into a broader healthcare ecosystem spanning retail distribution, business-to-business pharmaceutical supply, diagnostics, and software tools for clinics and pharmacies. The company scaled rapidly through both organic growth and acquisitions, most notably the buyout of the diagnostics chain Thyrocare, which added a large pathology and laboratory network to the platform. Its operations cover thousands of pin codes across India, supported by a network of fulfilment centres, partner pharmacies, and logistics infrastructure. This multi-segment model positions API Holdings as a vertically integrated player addressing several parts of the healthcare value chain rather than a single product line. API Holdings has been backed by a roster of prominent venture capital and private equity investors and was, at its peak, valued among India's most highly funded healthcare startups. The company filed draft IPO papers with the market regulator but subsequently withdrew them, choosing instead to strengthen its balance sheet through rights issues aimed at reducing debt and funding continued operations. As a result, its equity shares remain unlisted and are quoted on private secondary markets at an indicative level. PharmEasy draws interest in the unlisted segment because of its brand recognition, its scale across pharmacy and diagnostics, and its status as a closely watched company whose eventual listing intentions remain a subject of market attention. The indicative price reflects negotiated transactions between buyers and sellers in the unlisted space and can move with funding rounds, financial disclosures, and broader sentiment toward digital healthcare. The figures shown here are indicative market data points for information only and do not constitute any form of advice.

PharmEasy
Price per unit₹5.6
Minimum units1,790
Units
1,790
Indicative amount10,024
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Reviewed by Kanishk Dev Bangia · NISM-202300182946. Indicative pricing, subject to availability, documentation and final settlement. Information only — not investment advice.

Key events & news

P
FY26 results: first-ever positive EBITDA of Rs 62.5 crore (reported May 2026)
API Holdings reported consolidated FY26 revenue of about Rs 6,869 crore, up roughly 14% year-on-year, and posted its first full-year positive EBITDA of around Rs 62.5 crore, reversing an EBITDA loss of about Rs 231 crore in FY25. Profit before tax remained negative at around Rs 388 crore due to legacy finance costs.
P
Raised Rs 1,700 crore via NCDs, pledging ~61% of Thyrocare (September 2025)
API Holdings raised about Rs 1,700 crore through redeemable non-convertible debentures to refinance an earlier NCD liability, with subsidiary Docon Technologies pledging roughly 61% (about 3.23 crore shares) of listed diagnostics firm Thyrocare as collateral. The round was reported as led by 360 One with participation from Micro Labs, MVS Ventures, Bennett Coleman and others.
Read more →
P
Leadership change: Siddharth Shah steps down as CEO; Rahul Guha takes over (August 2025)
Co-founder Siddharth Shah stepped down as chief executive officer of PharmEasy/API Holdings, with Rahul Guha, previously managing director and CEO of group company Thyrocare, taking over as CEO.
Read more →
P
FY25 results: revenue roughly flat at ~Rs 6,010 crore as company prioritised margins (reported 2025)
For FY25 API Holdings reported consolidated revenue of around Rs 6,010 crore, broadly flat year-on-year, while narrowing losses as management focused on improving gross margins and cutting costs across the PharmEasy consumer and distribution businesses and the Thyrocare diagnostics arm.
Read more →

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Frequently asked questions

No. As of 16 July 2026, PharmEasy is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.

The minimum lot is 1,790 share(s); at the indicative price of about ₹5.60, that is approximately ₹10,024. Indicative reference, not a quote.

As of 16 July 2026, the indicative unlisted share price of PharmEasy is ₹5.60 per share. This is an over-the-counter reference price, not a stock-exchange quote.

PharmEasy is the consumer brand of API Holdings Limited, a digital healthcare and e-pharmacy platform. It lets users order prescription and over-the-counter medicines, book diagnostic and lab tests, access teleconsultations, and buy health products online, and it also operates in pharmaceutical distribution and diagnostics, including the Thyrocare lab network.

No. PharmEasy's parent, API Holdings Limited, is not listed on the NSE or BSE. It filed draft IPO papers and later withdrew them, so its shares remain unlisted. Unlisted shares are bought and sold privately through SEBI-registered intermediaries and unlisted-share platforms, with shares transferred into the buyer's demat account against the negotiated price.

The indicative price reflects negotiated transactions between buyers and sellers in the private secondary market rather than an exchange quote. It can be influenced by the company's financial performance, fundraising rounds such as rights issues, debt levels, demand and supply among unlisted investors, and overall sentiment toward digital healthcare. The figure is indicative only and may differ from one platform to another.

PharmEasy's shares are issued under API Holdings Limited, with ISIN INE0DJ201029, CIN U60100MH2019PLC323444, and a face value of ₹1 per share. The company was incorporated in 2019 and is registered in Mumbai, Maharashtra. These are factual reference details and not a recommendation to transact.

They can. If the company declares a dividend, unlisted shareholders are eligible like any other shareholder. Many unlisted firms reinvest profits, so dividends are not guaranteed.

After listing, unlisted shares convert into regular listed shares in your demat account and can be traded on the exchange, usually once any applicable SEBI lock-in period ends.

Unlisted shares are less liquid than listed shares. You can sell when a buyer is available through an off-market transfer; there is no continuous exchange market, so exits can take longer.

Unlisted shares carry higher risk and lower liquidity than listed shares, with fewer disclosures and no live market price. This is general information, not investment advice — assess suitability before investing.

An unlisted share price is an indicative, over-the-counter reference set by demand and supply in private deals between buyers and sellers. There is no live exchange quote, so prices can vary across dealers and over time.

Yes. Unlisted shares are delivered in dematerialised form, so you need an active demat account (NSDL or CDSL). No special account type is required — a regular demat account works.

Unlisted shares are sold through an off-market transfer to a buyer via a registered intermediary, settling from your demat account with a contract note. Liquidity depends on buyer availability, so exits can take longer than listed shares.

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PharmEasy vs similar unlisted Healthcare shares

Indicative over-the-counter prices, as of 16 July 2026. Information only — not a recommendation or ranking.

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