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IPO Details


Medicamen Organics Ltd
Registered Office: 10 Community Centre No 2, Ashok Vihar Phase II, New Delhi - 110052, Delhi
Phone: +91 98182 22845
Email: cs@mediorganics.in
Website: www.medicamenorganics.com
Initial public offer of upto 31,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Medicamen Organics Limited (the Company or Medicamen or Issuer) at an issue price of Rs. 34 per equity share (including a share premium of Rs. 24 per equity share) for cash, aggregating up to Rs. 10.54 crores (Public Issue) out of which 1,72,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 34 per equity share for cash, aggregating Rs. 0.58 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of upto 29,28,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 34 per equity share for cash, aggregating up to Rs. 9.96 crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute 26.49 % and 25.02 % respectively of the post-issue paid-up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
21-Jun-2024 25-Jun-2024 34.00 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
()Cr. Lead Managers to the Issue
Project Cost 9.64 GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 10.54
Post Issue Equity Share Capital 11.70
Issue Price 34.00
Projects
Funding of expenses proposed to be incurred towards products registration in the international markets
Plant updation and increase in production capacity
Funding working capital requirements of the company
General corporate purposes
Promoted By
Bal Kishan Gupta
Ashutosh Gupta
Listing At
NSE - SME
Registrar to the Issue
KFin Techologies Ltd

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

17,573.30 -54.76 (-0.31%)

HANG SENG

18013.16 353.14(2.00%)