Adeshwar Meditex Limited IPO
BSE SMEListed On: Jun 28, 2021 at ₹ 25.5
₹ 300000 /12000 Shares
*Min Investment
15 Jun, 2021
Open Date18 Jun, 2021
Close Date24 Jun, 2021
Allotment Date28 Jun, 2021
Listing DateIPO Issue Details
- Issue Price ₹25 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 3,900,000 Eq Shares of ₹10 (aggregating up to ₹9.75 Cr)
- Listing at BSE SME
- List Price 25.5
- Listing Date 2021-06-28
- Lead Manager Aryaman Financial Services limited
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Adeshwar Meditex Limited IPO is an SME IPO, priced at ₹25 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jun 15, 2021 to Jun 18, 2021. The allotment is expected to be finalized on Jun 24, 2021, and the tentative listing date is Jun 28, 2021.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,848,000 | 1,848,000 | 3,696,000 |
Day 1 15-06-21 05:00 PM | 1.40 x | 0.51 x | 0.95 x |
Day 2 16-06-21 05:00 PM | 1.43 x | 0.99 x | 1.37 x |
Day 3 17-06-21 07:00 PM | 1.45 x | 1.37 x | 1.41 x |
Day 4 18-06-21 07:00 PM | 1.50 x | 2.21 x | 1.85 x |
Valuations
Company Financials
| 31-Dec-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 65.60 | 54.80 | 43.86 | 32.81 |
| Revenue | 52.08 | 56.39 | 54.73 | 58.69 |
| Profit After Tax | 1.38 | 2.01 | 2.25 | 2.56 |
About Company
Adeshwar Meditex Limited is engaged in manufacturing surgical dressings and external preparations products i.e. sterile surgical wound dressing, tulle dressing, adhesive bandages, medical disposable, absorbent gauze, disinfectants, plaster, medical kits, etc. The firm caters to both the domestic as well as international markets.
Adeshwar Meditex has a state-of-the-art manufacturing facility in Palghar district. The modernized manufacturing unit is equipped with advanced machinery and sterilization facilities along with an in-house R&D unit.
- Promoter(s)
Siddharth Talati
Pre Issue Share Holding : 58.45%
Post Issue Share Holding : 42.65%
IPO - Issue Objectives
To make partly repayment of loans.
To finance company's working capital requirements.
To meet general corporate purposes.
IPO - FAQs
Ans. Adeshwar Meditex Limited IPO is a SME IPO. The issue is priced at ₹25 per equity share. The minimum order quantity is 6000 Shares. The IPO opens on Jun 15, 2021, and closes on Jun 18, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Adeshwar Meditex Limited IPO opens on Jun 15, 2021 and closes on Jun 18, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Adeshwar Meditex Limited IPO is 3,900,000 Eq Shares of ₹10 (aggregating up to ₹9.75 Cr).
Ans. The Adeshwar Meditex Limited IPO price band is set between ₹25 per equity share.
Ans. To apply for Adeshwar Meditex Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Adeshwar Meditex Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Adeshwar Meditex Limited IPO is Jun 24, 2021.
Ans. The Adeshwar Meditex Limited IPO will be listed on Jun 28, 2021.
Ans. Follow the steps to check the Adeshwar Meditex Limited IPO allotment status online.
