Medicamen Organics Ltd
Price Range
₹32 - ₹34
-
Min. Quantity
4,000
Closes on
25 June 2024
-
Min. investment
₹1,36,000/4,000 Shares
Medicamen Organics Ltd IPO Timeline
Medicamen Organics Limited was formerly incorporated on March 15, 1995 as Panchdeep Pharmaceuticals Limited', as Public Limited Company dated March 15, 1995 issued by the Registrar of Companies, Delhi and Haryana. Subsequently, the name of Company changed to Medicamen Organics Limited' and a fresh Certificate of Incorporation on November 14, 1995 was issued by the Registrar of Companies, Delhi and Haryana at Delhi.
| Event | Date |
|---|---|
| Medicamen Organics Ltd IPO Opening Date | 21 June 2024 |
| Medicamen Organics Ltd IPO Closing Date | 25 June 2024 |
| Basis of Allotment | 26 June 2024 |
| Initiation of Refunds | 26 June 2024 |
| Credit of Shares to Demat | 27 June 2024 |
| Medicamen Organics Ltd IPO Listing Date | 28 June 2024 |
Medicamen Organics Ltd IPO Details
| Medicamen Organics Ltd IPO Date | 21 June 2024 to 25 June 2024 |
| Medicamen Organics Ltd IPO Face Value | ₹10 per share |
| Medicamen Organics Ltd IPO Price | ₹32 to ₹34 per share |
| Medicamen Organics Ltd IPO Lot Size | 4,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹10.54 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹10.54 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Bal Kishan Gupta, Ashutosh Gupta |
Medicamen Organics Ltd IPO Lot Size
The Medicamen Organics Ltd IPO lot size is 4,000 shares. A retail-individual investor can apply for up to 1 lots (4,000 shares or ₹1,36,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 4,000 | ₹1,36,000 |
| Maximum | 1 | 4,000 | ₹1,36,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters and Management Team.
- Long standing relationships with customers.
- Efficient operational team.
- Consistent financial performance.
Company Financials
Medicamen Organics Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 38.58 | 25.29 | 2.40 |
| 03-2023 | 32.59 | 22.96 | 0.97 |
| 03-2022 | 27.07 | 21.19 | 0.09 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of expenses proposed to be incurred towards products registration in the international markets
- Plant updation and increase in production capacity
- Funding working capital requirements of the company
- General corporate purposes
Medicamen Organics Ltd IPO Promoter Holding
| Pre Issue Share Holding | 70.96% |
| Post Issue Share Holding | - |
Medicamen Organics Ltd IPO Subscription Status (Bidding Detail)
The Medicamen Organics Ltd IPO is subscribed 917 times on 25 June 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 917 |
Medicamen Organics Ltd IPO Prospectus
Medicamen Organics Ltd IPO Listing Date
| BSE Script | 92885 |
| NSE Symbol | MEDIORG |
| Listing In | NSE - SME |
| ISIN | INE0PE401018 |
| IPO Price | ₹34 |
| Face Value | ₹10 |
Company Contact Information
10 Community Centre No 2Ashok Vihar Phase II,New Delhi-110052
Phone: +91 98182 22845
Email: cs@mediorganics.in
Website: www.medicamenorganics.com
Medicamen Organics Ltd IPO Registrar
Medicamen Organics Ltd IPO Lead Manager(s)
- GYR Capital Advisors Pvt Ltd
FAQ
What is the issue size of Medicamen Organics Ltd IPO?
I have pre-applied for Medicamen Organics Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.