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June 21, 2024 - June 25, 2024

Medicamen Organics IPO FAQ

Medicamen Organics IPO Date & Price

The Medicamen Organics IPO opens on June 21, 2024 and closes on June 25, 2024.

Medicamen Organics IPO timetable / schedule is as below:
  • Bid/Offer Opens On: June 21, 2024
  • Bid/Offer Closes On: June 25, 2024
  • Finalization of Basis of Allotment: June 26, 2024
  • Initiation of refunds: June 27, 2024
  • Credit of Equity Shares: June 27, 2024
  • Listing Date: June 28, 2024

Medicamen Organics IPO price is set at ₹34 per equity share.

Medicamen Organics IPO will close for subscription at 5 PM on June 25, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The Medicamen Organics IPO starts on June 21, 2024. The issue ends on June 25, 2024.

Medicamen Organics IPO Issue Size and Subscription Status

The Medicamen Organics IPO size is 3100000 Equity Shares of ₹10 aggregating up to ₹10.54 Cr.

Medicamen Organics Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Medicamen Organics IPO shares through the banks (using ASBA) or through the broker (using UPI).

Medicamen Organics IPO Offer Size

Qualified Institutional Buyers (QIB)584,000 Shares
Non-Institutional Investors (NII)440,000 Shares
Retail Individual Investor (RII)1,028,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size2,052,000 Shares

Medicamen Organics IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)173.03 times times
Non-Institutional Investors (NII)1,343.83 times times
Retail Individual Investor (RII)1,309.77 times times
Employee Reservations times
Other Reservations times
Total Issue Size993.56 times times

Click here to check the Medicamen Organics IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Medicamen Organics IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Medicamen Organics IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Medicamen Organics IPO Allotment and Listing

The Medicamen Organics IPO allot status will be available online on June 26, 2024. Check the Medicamen Organics IPO Allotment Status here.

Click here to check Medicamen Organics IPO Allotment Status.

Medicamen Organics IPO listing Date is June 28, 2024. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Medicamen Organics IPO listing date and time is published by the exchange in a circular.

Click here to view the Medicamen Organics IPO Basis of Allotment.

It is hard to say at what price Medicamen Organics IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Medicamen Organics IPO shares will list on June 28, 2024 at NSE SME.

Medicamen Organics IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Medicamen Organics IPO which could help you with questions like Medicamen Organics IPO buy or not? You should also read Medicamen Organics IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Medicamen Organics IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Medicamen Organics IPO performance. The performance reports are available 1 day after listing.