Medico Remedies Ltd IPO

BSE SME

Offer Date: Jan 29, 2017 - Jan 31, 2018

₹ 120000 /1200 Shares

IPO Details

29 Jan, 2017

Open Date

31 Jan, 2018

Close Date

06 Feb, 2018

Allotment Date

08 Feb, 2018

Listing Date

Issue Price

Rs 100 Per Equity Share

Face Value

Rs 10 Per Equity Share

Listing at Group

BSE SME

Registrar

Aryaman Financial Services limited

Market Lot

1200 Shares (Rs 1,20,000/-)

Lead Manager

Cameo Corporate Services Limited

Issue Size

10,99,200 Equity Shares of Rs 10/- each at a price of 100/- per share aggregating to 10.99 Cr

Retail Portion

N/A

Subscription

19,15,200 1.84 times

IPO Docs

No related IPO documents available.

IPO Subscription 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

Earnings Per Share (EPS)

Rs 3.92

P/E Ratio

25.48

RoNW

9.94%

Net Asset Value (NAV)

Rs 62.33

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

Mr Haresh Mehta
Mr Harshit Mehta
Ms Rita Mehta

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. 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 IPO price band is set between Rs 100 Per Equity Share .

Ans. To apply for Medico Remedies Ltd IPO 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 allotment status for Medico Remedies Ltd IPO here.