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Medico Remedies Ltd IPO
BSE SMERs 1,20,000 / 1200 Shares
Medico Remedies Ltd IPO Details
The Medico Remedies Ltd IPO price band is set between Rs 100 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Aryaman Financial Services limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 29 Jan, 2017 and closes on 31 Jan, 2018. Investors can check the allotment status on 6 Feb, 2018, while the listing date is tentatively scheduled for 8 Feb, 2018.
The total issue size is 10,99,200 Equity Shares of Rs 10/- each at a price of 100/- per share aggregating to 10.99 Cr, aggregating up to . Stay tuned for the latest Medico Remedies Ltd IPO review and GMP updates.
Medico Remedies Ltd IPO Review, Rating & Analysis
Medico Remedies Ltd IPO Review
NO REVIEWMedico Remedies Ltd IPO Rating
Medico Remedies Ltd IPO Highlights
IPO Date
Jan 29, 2017 - Jan 31, 2018
Listing Date
8 Feb, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 100 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Medico Remedies Ltd IPO Lot Size
The minimum market lot for Medico Remedies Ltd IPO is 1200 shares with an application amount of ₹1,20,000. 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 | 1200 | ₹1,20,000 |
| Retail (Max) | 1 | 1200 | ₹1,20,000 |
| S-HNI (Min) | 2 | 2400 | ₹2,40,000 |
| S-HNI (Max) | 8 | 9600 | ₹9,60,000 |
| B-HNI (Min) | 9 | 10800 | ₹10,80,000 |
Medico Remedies Ltd IPO Timeline
Issue Price
Rs 100 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
BSE SMERegistrar
Aryaman Financial Services limitedLead Manager
Cameo Corporate Services LimitedIssue Size
10,99,200 Equity Shares of Rs 10/- each at a price of 100/- per share aggregating to 10.99 CrPromoters & Share Holding
Promoter(s) Name
- Mr Haresh Mehta
- Mr Harshit Mehta
- Ms Rita Mehta
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Medico Remedies Ltd IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 5,20,800 | 5,20,800 | 10,41,600 |
Day 1 -29-01-18 | 3,54,000 0.68 x | 1,70,400 0.33 x | 5,24,400 0.50 x |
Day 2 -30-01-18 | 5,41,200 1.04 x | 5,18,400 0.99 x | 10,59,600 1.02 x |
Day 3 -31-01-18 | 6,02,400 1.16 x | 13,12,800 2.52 x | 19,15,200 1.84 x |
Frequently Asked Questions about Medico Remedies Ltd IPO IPO
When will Medico Remedies Ltd IPO open for subscription?
The Medico Remedies Ltd IPO opens on 29 Jan, 2017 and closes on 31 Jan, 2018.
What is the investors portion for Medico Remedies Ltd IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 520800.
How to apply for Medico Remedies Ltd IPO?
You can apply for Medico Remedies Ltd 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 Medico Remedies Ltd IPO?
The issue size of Medico Remedies Ltd IPO is approx ₹10,99,200 Equity Shares of Rs 10/- each at a price of 100/- per share aggregating to 10.99 Cr crores.
What is the price band of Medico Remedies Ltd IPO?
The price band for Medico Remedies Ltd IPO is Rs 100 Per Equity Share to ₹undefined.
What is the lot size of Medico Remedies Ltd IPO?
The minimum bid (lot size) for Medico Remedies Ltd IPO is 1200 shares with an investment of approx Rs 1,20,000 .
What is the allotment date of Medico Remedies Ltd IPO?
The allotment date for Medico Remedies Ltd IPO is 6 Feb, 2018.
What is the listing date of Medico Remedies Ltd IPO?
The listing date for Medico Remedies Ltd IPO is expected to be 8 Feb, 2018.
What is the GMP of Medico Remedies Ltd IPO?
The latest Grey Market Premium (GMP) for Medico Remedies Ltd 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.