Adeshwar Meditex Limited IPO

BSE SME

Listed On: Jun 28, 2021 at ₹ 25.5

₹ 150000 /6000 Shares

Check Allotment

IPO Details

15 Jun, 2021

Open Date

18 Jun, 2021

Close Date

24 Jun, 2021

Allotment Date

28 Jun, 2021

Listing Date

Issue Price

₹25 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

25.5

Listing Date

2021-06-28

Market Lot

6000 Shares (₹150,000/-)

Lead Manager

Aryaman Financial Services limited

Issue Size

3,900,000 Eq Shares of ₹10 (aggregating up to ₹9.75 Cr)

Retail Portion

N/A

Subscription

1.85 times

IPO Docs

DRHP RHP

IPO Subscription 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

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Company Financials All values are in ₹ Cr.

	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 The 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)

Pre Issue Share Holding: 58.45%

Post Issue Share Holding: 42.65%

Company Promoter(s)

Siddharth Talati

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. The size of Adeshwar Meditex Limited IPO is 3,900,000 Eq Shares of ₹10 (aggregating up to ₹9.75 Cr).

Ans. The IPO price band is set between ₹25 per equity share.

Ans. To apply for Adeshwar Meditex Limited IPO 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 allotment status for Adeshwar Meditex Limited IPO here.