Medicamen Organics IPO Allotment Status Online

The Medicamen Organics IPO allotment status will be available on June 26, 2024, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Medicamen Organics IPO allotment status online:

• Visit the Medicamen Organics IPO allotment status page.
• Click on the green Medicamen Organics IPO Allotment Status.
• Enter either PAN number, Application Number or DP Client ID of the demat account to check the Medicamen Organics IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected listing price of Medicamen Organics IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Medicamen Organics IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Medicamen Organics IPO allotment status is expected on June 26, 2024. Click the green button Medicamen Organics IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Medicamen Organics IPO oversubscribed in the retail category, the Medicamen Organics IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Medicamen Organics IPO shares will get listed on Friday, June 28, 2024. The equity share of Medicamen Organics Limited will list on NSE SME.

The reason you didn't get the Medicamen Organics IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).