Issue Price
₹32- ₹34
per equity share
Issue Size
22.24 lakhs
equity share
Face Value
₹ 10
per equity share
Market Lot
4000
equity share
Please note
Listing at NSE
Medicamen Organics Limited
Important Dates
IPO Open Date
21 Jun 2024
IPO Close Date
25 Jun 2024
Allotment Date
26 Jun 2024
Initiation of Refunds
27 Jun 2024
Credit of Shares to Demat Account
27 Jun 2024
IPO Listing Date
28 Jun 2024
UPI Mandate Expiry Date
25 Jun 2024
IPO Details
Medicamen Organics has come up with an offering of a public issue. This upcoming IPO is offering a fresh issue of up to 3,100,000 equity shares; the total aggregated size of an offer is accumulated to 3,100,000 equity shares at a price of Rs 32 to Rs 34 per share worth Rs 10.53 Crore. This new IPO is being made through a book-built issue type with a reservation of not less than 50% of the net issue being offered to qualified institutional buyers, retail investors being offered not less than 35% of the net issue, and not less than 15% of the net issue is reserved for HNI category. This IPO will be open for subscription from June 21, 2024, till June 25, 2024, whereas the listing date is decided on June 28, 2024, and refund initiation for those who will not get allotted the share will be on June 27, 2024. However, keep in mind that the public offering is proposed to be listed on the BSE exchange on an SME segment.Don't let another opportunity slip away. Check your IPO status now!
Check Allotment StatusAbout Medicamen Organics Limited
Parent Organisation
-
Founded
1995
Managing Director
Bal Kishan Gupta
IPO Objectives
How to apply for IPO
- Login to your Bigul account and select the issue in the current IPO section
- Enter the number of lots and price at which you wish to apply for
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
- You will receive a mandate notification to block funds in your UPI app
- Approve the mandate request on your UPI and funds will be blocked
Open Demat Account in 5 Minutes
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