IPO

Medicamen Organics Limited IPO

NSE SME

Listed On: Jun 28, 2024 at ₹ 137.85

₹ 136000 /4000 Shares

Check Allotment

Medicamen Organics Limited IPO Details

21 Jun, 2024

Open Date

25 Jun, 2024

Close Date

26 Jun, 2024

Allotment Date

28 Jun, 2024

Listing Date

Issue Price

₹32-34 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

List Price

137.85

Listing Date

2024-06-28

Market Lot

4000 Shares (₹136,000/-)

Lead Manager

GYR Capital Advisors Private Limited

Issue Size

3,100,000 shares(aggregating up to ₹10.54 Cr)

Retail Portion

35%

Subscription

993.64 times

IPO Docs

DRHP RHP

Medicamen Organics Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved584,000 / 440,0001,028,0002,052,000
Day 1 - 21-06-24 06:00 PM1.01 / 37.20 x92.26 x54.49 x
Day 2 - 24-06-24 06:00 PM1.42 / 125.83 x348.14 x201.79 x
Day 3 - 25-06-24 06:00 PM173.03 / 1344.22 x1309.77 x993.64 x
Total No. of Applications: 2,92,240 (Approx)

Medicamen Organics Limited Valuations

EPS Pre IPO

₹1.11/-

EPS Post IPO

₹2.21/-

P/E Pre IPO

30.53

P/E Post IPO

15.41

RoNW

%

Medicamen Organics Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets3,211.982,707.212,634.37
Revenue2,296.242,118.672,505.96
Profit After Tax95.789.2329.81

About The Company

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.

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Medicamen Organics Limited - Promoter(s)

Pre Issue Share Holding: 81.21%

Post Issue Share Holding: %

Company Promoter(s)

  1. Mr. Bal Kishan Gupta

Medicamen Organics Limited IPO - Issue Objectives

  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
  4. General Corporate Purposes.

Other Details

Company Contact Details

Medicamen Organics Limited

10 Community Centre,, No 2 Ashok Vihar Phase II, New Delhi, Delhi, 110052

Phone: +91-9818222845

Email: cs@mediorganics.in

Website: http://www.medicamenorganics.com/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: medicamen.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

Medicamen Organics Limited IPO - FAQs

Ans. Medicamen Organics Limited IPO is a SME IPO. The issue is priced at ₹32-34 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on Jun 21, 2024, and closes on Jun 25, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Medicamen Organics Limited IPO opens on Jun 21, 2024 and closes on Jun 25, 2024.

Ans. The size of Medicamen Organics Limited IPO is 3,100,000 shares(aggregating up to ₹10.54 Cr).

Ans. The IPO price band is set between ₹32-34 per equity share.

Ans. To apply for Medicamen Organics Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Medicamen Organics 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 Medicamen Organics Limited IPO is Jun 26, 2024.

Ans. The Medicamen Organics Limited IPO will be listed on Jun 28, 2024.

Ans. Follow the steps to check the allotment status for Medicamen Organics Limited IPO here.