June 21, 2024 - June 25, 2024

Medicamen Organics IPO Subscription Details

Medicamen Organics IPO Subscription Status Live

Medicamen Organics IPO subscribed 993.56 times. The public issue subscribed 1,309.77 times in the retail category, 173.03 times in QIB, and 1,343.83 times in the NII category by June 25, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	173.03	584,000	10,10,52,000	343.58
Non-Institutional Buyers*	1,343.83	440,000	59,12,84,000	2,010.37
Retail Investors	1,309.77	1,028,000	1,34,64,44,000	4,577.91
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	993.56	2,052,000	2,03,87,80,000	6,931.85

Total Application : 336,611 (1,309.77 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 172,000 equity shares not included.

Medicamen Organics IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 June 21, 2024	1.01	37.20	92.26	54.49
Day 2 June 24, 2024	1.42	125.83	348.14	201.79
Day 3 June 25, 2024	173.03	1,343.83	1,309.77	993.56

Medicamen Organics IPO Shares Offered

Medicamen Organics IPO is a public issue of 3,100,000 equity shares. The issue offers 1,028,000 shares to retail investors, 584,000 shares to qualified institutional buyers, and 440,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	876,000	2.98	28.26%
Market Maker	172,000	0.58	5.55%
QIB	584,000	1.99	18.84%
NII*	440,000	1.50	14.19%
Retail	1,028,000	3.50	33.16%
Total	3,100,000	10.54	100%

Medicamen Organics IPO Anchor Investor Allocation

A total of 876,000 shares at a price of Rs 34 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	Rajasthan Global Securities Pvt. Limited	444,000	34	50.68	15,096,000
2	SB Opportunities Fund I	432,000	34	49.32	14,688,000
		876,000		100	29,784,000

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Medicamen Organics IPO Subscription FAQs

The Medicamen Organics IPO is subscribed 993.56 by June 25, 2024.