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IPO 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.

EventDate
Medicamen Organics Ltd IPO Opening Date21 June 2024
Medicamen Organics Ltd IPO Closing Date 25 June 2024
Basis of Allotment26 June 2024
Initiation of Refunds26 June 2024
Credit of Shares to Demat27 June 2024
Medicamen Organics Ltd IPO Listing Date28 June 2024

Medicamen Organics Ltd IPO Details

Medicamen Organics Ltd IPO Date21 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 Size4,000
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 TypeBook Building - SME
Listing At NSE - SME
QIB Shares Offered-
Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersBal 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 LotsSharesAmount
Minimum14,000₹1,36,000
Maximum14,000₹1,36,000
  • 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 AssetsTotal RevenueProfit After Tax
03-202438.5825.292.40
03-202332.5922.960.97
03-202227.0721.190.09
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 Holding70.96%
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)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)----917

Medicamen Organics Ltd IPO Prospectus

Medicamen Organics Ltd IPO Listing Date

BSE Script 92885
NSE SymbolMEDIORG
Listing In NSE - SME
ISININE0PE401018
IPO Price₹34
Face Value10

Company Contact Information

Medicamen Organics Ltd
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

Phone:+91 40 6716 2222
Email: nvl.ipo@kfintech.com;
Website: www.kfintech.com

Medicamen Organics Ltd IPO Lead Manager(s)

  1. GYR Capital Advisors Pvt Ltd

FAQ

What is the issue size of Medicamen Organics Ltd IPO?

Medicamen Organics Ltd IPO, which opens for subscription from to 25 June 2024 has an issue size of ₹10.54 crore. The issue type is book building issue.

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.

What are the open and close dates for Medicamen Organics Ltd IPO?

Medicamen Organics Ltd IPO Opens for subscription from 21 June 2024 to 25 June 2024

What is the lot size and minimum order quantity of the Medicamen Organics Ltd IPO?

The lot size of Medicamen Organics Ltd is 4,000 shares. Retail investors can subscribe to minimum 1 lot and maximum 1 lots. The minimum and maximum application value is ₹1,36,000 and ₹1,36,000 respectively.

What are the allotment dates for the Medicamen Organics Ltd IPO?

Allotment date for Medicamen Organics Ltd is 26 June 2024 and refund of application amount (in case allotment is not received) will begin from 26 June 2024. If your allotment goes through, then shares will be credited in your Demat account by 27 June 2024.

Who is the registrar of Medicamen Organics Ltd IPO?

The registrar for Medicamen Organics Ltd IPO is KFin Techologies Ltd . You can check your IPO allotment status on the registrar's website.

Where is the Medicamen Organics Ltd IPO getting listed?

The shares of Medicamen Organics Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)