MEDICAMEN ORGANICS...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO MEDICAMEN ORGANICS...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
Live GMP
Back to IPOs
Medicamen Organics Ltd

Medicamen Organics Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹34
₹34
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹34
Based on GMP
Min. Investment
₹136,000
1 lot × 4000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
21 Jun 2024
Close Date
25 Jun 2024
Allotment
26 Jun 2024
Listing Date
28 Jun 2024
Exchange
NSE SME
Price Band
₹34
Listing Price
See chart
Allotment Status
Price Band
₹34
Per share
Face Value
₹10 per share
 
Lot Size
4,000 Shares
per lot
Issue Size
31,00,000 shares (aggregating up to ₹10.54 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹136,000
1 lot
Pre-IPO Holding
86,00,000 shares
Promoters
Post-IPO Holding
1,17,00,000 shares
Promoters
P/E (Pre)
30.53x
 
P/E (Post)
15.41x
 
EPS (Pre)
₹1.11
 
EPS (Post)
₹2.21
 
UPI Deadline
2024-06-25
Mandate
Anchor AllotmentThu, 20 Jun 2024
Basis of AllotmentWed, 26 Jun 2024
Refund InitiationThu, 27 Jun 2024
Demat CreditThu, 27 Jun 2024
Listing DayFri, 28 Jun 2024
UPI Mandate Deadline2024-06-25
Sale TypeFresh Capital
Net Offer to Public29,28,000 shares (aggregating up to ₹9.96 Cr)
Market Maker Quota1,72,000 shares (aggregating up to ₹0.5848 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Medicamen Organics Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Jun 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
172,000
₹0.58
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,100,000
100% ₹10.54
IPO Shares Offered
Medicamen Organics Ltd IPO total issue size: ₹10.54 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 172,000 ₹0.58
5.55%
Total 3,100,000 ₹10.54
100.00%
* Based on upper price band ₹34 per share
Lot Size & Investment
Lot Size
4,000
Shares per Lot
Issue Price
₹34.00
Upper Band
Min Investment
₹136,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)28,000₹272,000
Retail (Max — 13 Lots)1352,000₹1,768,000
S-HNI (Min — 14 Lots)1456,000₹1,904,000
B-HNI (Min — 68 Lots)68272,000₹9,248,000
* Issue Price ₹34 × Lot Size 4,000 shares
IPO Schedule
Anchor
20 Jun 2024
✓ Done
IPO Open
21 Jun 2024
✓ Done
IPO Close
25 Jun 2024
✓ Done
Allotment
26 Jun 2024
✓ Done
Refunds
27 Jun 2024
✓ Done
Demat Credit
27 Jun 2024
✓ Done
Listing Day
28 Jun 2024
✓ Done
Medicamen Organics Ltd — Live Price LIVE
₹34.00
INR · NSE
Fetching…
vs Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading…
Chart Not Available
Try again 2–3 days after listing.
Issue ₹34.00 Live Price
About Medicamen Organics Ltd
Medicamen Organics Limited was incorporated in 1995 and develops, manufactures, and distributes pharmaceutical dosages including generic dosages in the form of tablets, capsules, oral liquids, ointments, gels, syrups, suspensions and dry powders for the Government (including State Governments and Central Governments) and private entities as a contract manufacturer/third party manufacturer.The company's product list comprises 84 products and offers a wide range of drugs such as antibacterial, antidiarrheal, antifungal, antimalarial, antidiabetic, proton pump inhibitors, antihistamines, antihypertensive drugs, lipid preparations, antiparasitics, multivitamin preparations, multimineral and non-steroidal anti-inflammatory drugs (NSAIDS).The company's products are marketed throughout India as well as in African, CIS, and South East Asian countries such as Congo, Benin, Kameg, Togo, Senegal, Burkina Faso, Philippines, Myanmar, Mozambique, Togo, Burundi, Kyrgyzstan and Kenya through third-party distributors.The company has two WHO-GMP-approved manufacturing facilities in Haridwar, Uttarakhand, covering an area of 21,536 Sq. Ft. As on September 30, 2023, the company has entered into contract manufacturing with 38 domestic partners and 12 merchant exporters.As of September 30, 2023, the company employed a total of 116 people.
Objects of the Issue
1
Funding of expenses proposed to be incurred towards Product registration in the international markets;
2
Plant updation and increase in production capacity;
3
Funding working capital requirements of our Company; and
4
General Corporate Purposes.
Medicamen Organics Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹2,118.7
31 Mar 2022
₹2,296.2
31 Mar 2023
₹2,529.0
31 Mar 2024
Profit After Tax (PAT)
₹9.2
31 Mar 2022
₹95.8
31 Mar 2023
₹240.4
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 2528.96 2296.24 2118.67
EBITDA N/A N/A N/A
Profit After Tax (PAT) 240.41 95.78 9.23
Net Worth 1518.40 851.71 755.92
Total Assets 3858.07 3211.98 2707.21
Reserves & Surplus 658.40 251.71 155.92
Borrowings 1265.65 1179.50 1024.57
EBITDA Margin (%) N/A
PAT Margin (%) 9.51%
P/BV Ratio
2.39
RoE
19.90%
RoCE
14.50%
RoNW
15.83
PAT Margin
9.51%
Debt/Equity
0.83
Issue Structure & Shareholding
Total Shares Offered31,00,000 (100.00%)
Net Offer to Public29,28,000 shares (aggregating up to ₹9.96 Cr)
Reserved for Market Maker1,72,000 shares (aggregating up to ₹0.5848 Cr)
Pre-Issue Promoter Holding86,00,000 shares
Post-Issue Promoter Holding1,17,00,000 shares
P/BV Ratio2.39
RoE19.90%
RoCE14.50%
Debt / Equity0.83
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
GYR Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Medicamen Organics Ltd IPO subscribed?

Medicamen Organics Ltd IPO is subscribed 1.00 times by Jun 25, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Medicamen Organics Ltd IPO retail subscription status?

The Medicamen Organics Ltd IPO retail category is subscribed 1.00 times as of 25 Jun 2024. The retail portion is oversubscribed.

How to subscribe Medicamen Organics Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 21 Jun 2024 and closes 25 Jun 2024. Min investment: ₹136,000 (1 lot = 4,000 shares). UPI mandate: 2024-06-25.

How many times Medicamen Organics Ltd IPO subscribed?

The Medicamen Organics Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Medicamen Organics Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 26 Jun 2024. Refunds: on 27 Jun 2024.

When Medicamen Organics Ltd IPO will be listed?

The Medicamen Organics Ltd IPO listing date is 28 Jun 2024, Friday. Listed on: NSE SME. Issue price: ₹34. Estimated listing: ₹34. GMP: NIL.

When Medicamen Organics Ltd IPO close?

The Medicamen Organics Ltd IPO closes on 25 Jun 2024, Tuesday. UPI mandate: 2024-06-25. Allotment: 26 Jun 2024. Listing: 28 Jun 2024.