IPO Allotment Status (Check Online)

IPO

Medico Remedies Ltd IPO

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

₹ 240000 /2400 Shares
Minimum Investment

29 Jan, 2017

Open Date

31 Jan, 2018

Close Date

06 Feb, 2018

Allotment Date

08 Feb, 2018

Listing Date

IPO Details

Issue Price
Rs 100 Per Equity Share 
Face Value
Rs 10 Per Equity Share 
Lot Size
1200
Listing at
BSE SME
Registrar
Aryaman Financial Services limited
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  1. Log in to your IPO Ji account
  2. Select the IPO from the dropdown
  3. We’ll automatically check allotment status for all your saved accounts

Allotment status is checked automatically (for all saved accounts).

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Allotment Overview

The allotment for the initial public offer (IPO) of Medico Remedies Ltd IPO has been finalized on Feb 6, 2018 and is now available to check. 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 .

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.

Contact Information

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

Check on IPO Ji

Frequently Asked Questions

Click any question to reveal the answer

Medico Remedies Ltd IPO IPO allotment status is finalised and available now as of Feb 6, 2018. You can check your allotment result on IPO Ji App and Website.

You can check the Medico Remedies Ltd IPO IPO allotment status online using PAN, Application Number, or DP Client ID:

  • Open the Medico Remedies Ltd IPO IPO allotment status page on IPO Ji.
  • Click Allotment Status.
  • Enter your PAN, Application Number, or DP Client ID.
  • Click Search to view your result.

Sample allotment result format:

  • PAN No.: ABCTY1234D
  • Application No.: 9876543210
  • Name: Rakesh J
  • Shares Applied: 50
  • Shares Allotted: 50

There is no fixed or guaranteed expected listing price for the Medico Remedies Ltd IPO IPO. The listing price depends on overall market conditions, investor demand, and the company’s fundamentals. The grey market premium (GMP) can indicate market sentiment, but the actual listing price may be higher or lower than GMP expectations.

You can check the Medico Remedies Ltd IPO IPO allotment status on IPO Ji and on the registrar’s official website once the allotment is published.

The allotment is expected on Feb 6, 2018.

If the Medico Remedies Ltd IPO IPO is oversubscribed in the retail category, shares are allotted to Retail Individual Investors (RII) as per the allotment rules. Typically, investors may receive a minimum of 1 lot, subject to availability in the retail portion. If there are not enough shares to allot at least 1 lot to everyone, a lottery is conducted to decide the allotment.

The Medico Remedies Ltd IPO IPO listing date is Feb 8, 2018. The equity shares are expected to list on BSE SME.

Common reasons for not getting allotment in the Medico Remedies Ltd IPO IPO include:

  • Oversubscription: If the retail category is oversubscribed, allotment is done through a lottery, so many valid applications may not get shares.
  • UPI mandate / payment issue: The UPI mandate was not approved in time, or funds were not blocked successfully.
  • Application issue: The application may be rejected due to incorrect or mismatched details (PAN, DP ID/Client ID), or duplicate applications from the same PAN.
  • Bid issue (Retail/RII): If you applied in the retail category and did not bid at the cut-off price, and your bid price was below the final issue price, your application may not be considered.

The registrar for the Medico Remedies Ltd IPO IPO is Aryaman Financial Services limited .

If you don’t receive allotment in the Medico Remedies Ltd IPO IPO, the blocked amount (UPI mandate/ASBA) is usually released after the allotment is finalised. In most cases, it is unblocked within 24 hours, but it may take up to 1–2 working days depending on your bank.

If you are allotted shares, the required amount is debited from your bank account and the remaining balance (if any) is unblocked.