Medico Remedies Ltd IPO
BSE SME₹ 240000 /2400 Shares
*Min Investment
29 Jan, 2017
Open Date31 Jan, 2018
Close Date06 Feb, 2018
Allotment Date08 Feb, 2018
Listing DateIPO Issue Details
- Issue Price Rs 100 Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 10,99,200 Equity Shares of Rs 10/- each at a price of 100/- per share aggregating to 10.99 Cr
- Listing at BSE SME
- Lead Manager Cameo Corporate Services Limited
- Registrar Aryaman Financial Services limited
IPO Details
- Retail Portion N/A
IPO Details
Medico Remedies Ltd IPO is an SME IPO, priced at Rs 100 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jan 29, 2017 to Jan 31, 2018. The allotment is expected to be finalized on Feb 6, 2018, and the tentative listing date is Feb 8, 2018.
The registrar of the IPO is Aryaman Financial Services limited , and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 5,20,800 | 5,20,800 | 10,41,600 |
Day 1 29-01-18 | 3,54,000 0.68 x | 1,70,400 0.33 x | 5,24,400 0.50 x |
Day 2 30-01-18 | 5,41,200 1.04 x | 5,18,400 0.99 x | 10,59,600 1.02 x |
Day 3 31-01-18 | 6,02,400 1.16 x | 13,12,800 2.52 x | 19,15,200 1.84 x |
Valuations
IPO - Issue Objectives
Repayment of loans
Funding expenditure for general corporate purposes
IPO - FAQs
Ans. Medico Remedies Ltd IPO is a SME IPO. The issue is priced at Rs 100 Per Equity Share . The minimum order quantity is 1200 Shares. The IPO opens on Jan 29, 2017, and closes on Jan 31, 2018. Aryaman Financial Services limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Medico Remedies Ltd IPO opens on Jan 29, 2017 and closes on Jan 31, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Medico Remedies Ltd IPO is 10,99,200 Equity Shares of Rs 10/- each at a price of 100/- per share aggregating to 10.99 Cr.
Ans. The Medico Remedies Ltd IPO price band is set between Rs 100 Per Equity Share .
Ans. To apply for Medico Remedies Ltd IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Medico Remedies Ltd 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 Medico Remedies Ltd IPO is Feb 6, 2018.
Ans. The Medico Remedies Ltd IPO will be listed on Feb 8, 2018.
Ans. Follow the steps to check the Medico Remedies Ltd IPO allotment status online.
