Medico Remedies Ltd IPO Allotment Status Online

IPO

Medico Remedies Ltd IPO

BSE SME

Offer Date: Jan 29, 2017 - Jan 31, 2018

₹ 120000 /1200 Shares

29 Jan, 2017

Open Date

31 Jan, 2018

Close Date

06 Feb, 2018

Allotment Date

08 Feb, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 100 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Listing at BSE SME
  • Registrar Aryaman Financial Services limited
Allotment Overview

The allotment for the initial public offer (IPO) of Medico Remedies Ltd IPO is likely to be finalized on, Feb 6, 2018 . Investors can check their allotment status on the issue's registrar Not Available website, IPO Ji app/website, as well as on the BSE and NSE websites.

Subscription Details

The Medico Remedies Ltd IPO was open for subscription between Jan 29, 2017 - Jan 31, 2018 at a price band in the range of Rs 100 Per Equity Share .

The Medico Remedies Ltd IPO's initial public offering received moderate responses from investors throughout the three-day bidding. Retail investors' portion was subscribed 13,12,800 2.52 times, while non-institutional investors' quota received 02 times subscription. The qualified institutional buyers (QIBs) portion was booked 6 times. Overall, the IPO was subscribed 19,15,200 1.84 times.

13,12,800 2.52x
Retail Investors
02x
Non-Institutional
6x
QIB
How to Check Medico Remedies Ltd IPO Allotment Status Online

You can check your IPO allotment status online on the website of the IPO registrar, IPO Ji App/Website, and BSE and NSE websites. You can check the allotment status of the Medico Remedies Ltd IPO if you have applied for it.

Check on IPO Ji
Steps to Check Medico Remedies Ltd IPO Allotment Status on IPO Ji App/Website:
1 Launch the IPO Ji app on your mobile device or visit ipoji.com
2 Navigate to the IPO Allotment Page directly from the home screen of the App or by clicking here (www.ipoji.com/ipo-allotment-status).
3 Create your free account by Providing your PAN and Demat details. (one-time process)
4 Choose Medico Remedies Ltd IPO from the list of available IPOs.
5 Click on the Check Status button.
6 Your allotment status will be displayed on the screen.
How to Check Medico Remedies Ltd IPO Allotment on BSE:
1 Go to BSE's IPO allotment page.
2 Choose Equity under the "Issue Type" dropdown.
3 Choose Medico Remedies Ltd IPO from the "Issue Name" dropdown.
4 Provide your Application Number and PAN ID.
5 Tick the 'I am not a robot' box.
6 Click on the "Search" button to view your status.
How to Check Medico Remedies Ltd IPO Allotment on NSE:
1 Go to NSE IPO Allotment.
2 Select Medico Remedies Ltd IPO from the dropdown menu.
3 Enter your application number, PAN, and captcha
4 Click on "search" to see your allotment status.
Contact Information

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

Check on IPO Ji
FAQs

Ans. The Medico Remedies Ltd IPO allotment status will be available on Feb 6, 2018 , as per the timeline provided in the red-herring prospectus.

Ans. Below are the steps to check Medico Remedies Ltd IPO allotment status online:

  • Visit the Medico Remedies Ltd IPO allotment status page.
  • Click on the purple Medico Remedies Ltd IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Medico Remedies Ltd IPO allotment status.
  • Click Search.

The allotment result looks like as below:

  • PAN No.: ABCTY1234D
  • Application No.: 9876543210
  • Name: Rakesh J
  • Shares Applied: 40
  • Shares Allotted: 40

Ans. The expected listing price of Medico Remedies Ltd IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Medico Remedies Ltd IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Ans. Medico Remedies Ltd IPO allotment status is expected on Feb 6, 2018. Click the button Medico Remedies Ltd IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.