Adeshwar Meditex Limited IPO
BSE SME₹150,000 / 6000 Shares
Adeshwar Meditex Limited IPO Details
The Adeshwar Meditex Limited IPO price band is set between ₹25 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 15 Jun, 2021 and closes on 18 Jun, 2021. Investors can check the allotment status on 24 Jun, 2021, while the listing date is tentatively scheduled for 28 Jun, 2021.
The total issue size is 3,900,000 Eq Shares of ₹10 , aggregating up to ₹9.75 Cr. Stay tuned for the latest Adeshwar Meditex Limited IPO review and GMP updates.
Adeshwar Meditex Limited IPO Review, Rating & Analysis
Adeshwar Meditex Limited IPO Review
NO REVIEWAdeshwar Meditex Limited IPO Rating
Adeshwar Meditex Limited IPO Highlights
IPO Date
Jun 15, 2021 - Jun 18, 2021
Listing Date
28 Jun, 2021
Face Value
₹10 Per Equity Share
Price Band
₹25 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Adeshwar Meditex Limited IPO Lot Size
The minimum market lot for Adeshwar Meditex Limited IPO is 6000 shares with an application amount of ₹1,50,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹1,50,000 |
| Retail (Max) | 1 | 6000 | ₹1,50,000 |
| S-HNI (Min) | 2 | 12000 | ₹3,00,000 |
| S-HNI (Max) | 6 | 36000 | ₹9,00,000 |
| B-HNI (Min) | 7 | 42000 | ₹10,50,000 |
Adeshwar Meditex Limited IPO Timeline
Issue Price
₹25 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Aryaman Financial Services limitedIssue Size
3,900,000 Eq Shares of ₹10 (aggregating up to ₹9.75 Cr)Adeshwar Meditex Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 20 | 65.60 | 52.08 | 1.38 | - | - | - |
| 31 Mar 20 | 54.80 | 56.39 | 2.01 | - | - | - |
| 31 Mar 19 | 43.86 | 54.73 | 2.25 | - | - | - |
| 31 Mar 18 | 32.81 | 58.69 | 2.56 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Siddharth Talati
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 58.45% | 42.65% |
About Company
Adeshwar Meditex Limited is engaged in manufacturing surgical dressings and external preparations products i.e. sterile surgical wound dressing, tulle dressing, adhesive bandages, medical disposable, absorbent gauze, disinfectants, plaster, medical kits, etc. The firm caters to both the domestic as well as international markets.
Adeshwar Meditex has a state-of-the-art manufacturing facility in Palghar district. The modernized manufacturing unit is equipped with advanced machinery and sterilization facilities along with an in-house R&D unit.
Adeshwar Meditex Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,848,000 | 1,848,000 | 3,696,000 |
Day 1 -15-06-21 05:00 PM | 1.40 x | 0.51 x | 0.95 x |
Day 2 -16-06-21 05:00 PM | 1.43 x | 0.99 x | 1.37 x |
Day 3 -17-06-21 07:00 PM | 1.45 x | 1.37 x | 1.41 x |
Day 4 -18-06-21 07:00 PM | 1.50 x | 2.21 x | 1.85 x |
Frequently Asked Questions about Adeshwar Meditex Limited IPO IPO
When will Adeshwar Meditex Limited IPO open for subscription?
The Adeshwar Meditex Limited IPO opens on 15 Jun, 2021 and closes on 18 Jun, 2021.
What is the investors portion for Adeshwar Meditex Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1848000.
How to apply for Adeshwar Meditex Limited IPO?
You can apply for Adeshwar Meditex Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Adeshwar Meditex Limited IPO?
The issue size of Adeshwar Meditex Limited IPO is approx ₹3,900,000 Eq Shares of ₹10 (aggregating up to ₹9.75 Cr) crores.
What is the price band of Adeshwar Meditex Limited IPO?
The price band for Adeshwar Meditex Limited IPO is ₹25 per equity share to ₹undefined.
What is the lot size of Adeshwar Meditex Limited IPO?
The minimum bid (lot size) for Adeshwar Meditex Limited IPO is N/A shares with an investment of approx ₹150,000 .
What is the allotment date of Adeshwar Meditex Limited IPO?
The allotment date for Adeshwar Meditex Limited IPO is 24 Jun, 2021.
What is the listing date of Adeshwar Meditex Limited IPO?
The listing date for Adeshwar Meditex Limited IPO is expected to be 28 Jun, 2021.
What is the GMP of Adeshwar Meditex Limited IPO?
The latest Grey Market Premium (GMP) for Adeshwar Meditex Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.