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Medico Remedies Ltd. IPO
BSE SME Fixed Price IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹100
Issue Price
₹100
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹100
GMP based
Lot Size
1,200
shares / lot
Min Amount
₹120,000
1 lot · 1,200 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
29 Jan 2018
Mon Completed
Done
Close Date
31 Jan 2018
Wed Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
08 Feb 2018
Thu Completed
UPI Deadline: 31 Jan 2018
Issue Details
Pricing & Size
Issue Price
₹100 Face ₹10
Lot Size
1,200 shares
Min Investment
₹120,000
Total Issue Size
10,99,200 shares (aggregating up to ₹10.99 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
57,600 (5.24%)
QIB Portion
-
NII / HNI
5,20,800 (47.38%)
Retail
5,20,800 (47.38%)
Employee
-
Net Offer to Public
10,41,600 shares (aggregating up to ₹10.42 Cr)
Shareholding Pattern
Pre-Issue Shareholding
32,00,000 shares
Post-Issue Shareholding
41,49,200 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,200 ₹1,20,000
HNI / NII 2 2,400 ₹2,40,000
Objects of Issue
2 objectives
1
1 Repayment of loans
7.72 Cr
2
2 Funding expenditure for General Corporate Purposes
1.28 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Aryaman Financial Services Ltd.
Market Maker
Aryaman Capital Markets Ltd.
IPO Timeline
Open
29 Jan
✓ Done
Close
31 Jan
✓ Done
Allotment
TBA
Listing
08 Feb
✓ Done
Registrar Details
Cameo Corporate Services Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-44-28460390
Company Contact
Email
info@medicoremedies.com
Phone
+ 91-22-26701055/66
Address
50 Juhu Supreme Shopping Center, Gulmahor Cross Road No.9, Juhu, Mumbai, Maharashtra, 400049
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹100
Est. Listing
₹100
Lot Size
1,200 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Medico Remedies Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
Div
Yld
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Live Chart Not Available
Medico Remedies Ltd. is not yet listed or data is unavailable.
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| Price
Market Reference
IPO Issue Price
₹100
GMP
+₹0 (+0%)
GMP Est. Listing
₹100
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 5,20,800 (47.38%) ₹520.80 Cr
Retail Investors 5,20,800 (47.38%) ₹520.80 Cr
Total ** 10,99,200 (100.00%) ₹10,992.00 Cr
Market Maker * 57,600 (5.24%) ₹5.76 Cr
* Based on ₹100.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
5,20,800 (47.38%)
Retail
5,20,800 (47.38%)
Market Maker
57,600 (5.24%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.

Financial data not available

About Medico Remedies Ltd.

Incorporated in 1994, Medico Remedies Limited is a WHO-GMP & ISO-9001:2008 certified company engaged in manufacturing and selling of pharmaceutical formulation products in India.

The company offers formulation pharmacy products including anti-infective, beta lactum, cephalosporin, antimalarial, antiretroviral, and anti-ulcer drugs, as well as antacids; vitamins, haematinics and other supplements and nonsteroidal anti-inflammatory drugs, antihistaminics, anti-diabetics, cardio vascular drugs, diuretics, anti-epileptics, combination drug kits, syrups and creams and gels.

They serves wholesalers or traders of formulation products. The company also exports its products to Uganda, Myanmar, Vietnam, Cambodia, Dominican Republic, Sri Lanka, Philippines, Turkmenistan, Ghana, Mauritius, Madagascar, Congo, Iraq, Honduras, Cuba, Jamaica, Hong Kong, Nigeria, Senegal, Panama, Mozambique etc.

Frequently Asked Questions
What is the issue price of Medico Remedies Ltd. IPO?
The issue price of Medico Remedies Ltd. IPO is ₹100 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹120,000.
What are the IPO dates?
Opens 29 Jan 2018, closes 31 Jan 2018.
When is the listing date?
Tentative listing: 08 Feb 2018 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹100 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Medico Remedies Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
08 Feb 2018
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹100
Face ₹10
Lot Size
1,200
shares / lot
Min Amount
₹120,000
1 lot
Est. Listing
₹100
GMP +₹0
Key Dates
Open
29 Jan Done
Close
31 Jan Done
Listing
08 Feb Done
Registrar
Cameo Corporate Services Ltd.
A
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