Medicamen Organics IPO Subscription Details

Bookbuilding IPO | ₹11 Cr | Listed at NSE SME | Fri, Jun 21, 2024 - Tue, Jun 25, 2024

Basis of Allotment - Medicamen Organics IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)5,84,0008,76,00014,60,0004,40,00010,28,00029,28,000
Allotment price (Rs.)343434343434
No.of applications6226420,6563,30,3843,51,104
No.of shares applied9,94,00,00011,84,00010,05,84,00059,38,48,0001,32,15,36,0002,01,59,68,000
Amount collected (Rs.cr.)337.96 4.03 341.99 2,019.08 4,493.22 6,854.29
No.of times subscribed170.211.3568.891349.651285.54688.51
No.of shares allotted5,84,0008,76,00014,60,0004,40,00010,28,00029,28,000
Amount (Rs.cr.)1.99 2.98 4.96 1.50 3.50 9.96
No.of allottees622647182571,039

IPO Shares Offered

Medicamen Organics IPO is a public issue of 0.29 Cr equity shares. The issue offers 0.10 Cr shares to retail investors, 0.15 Cr shares to qualified institutional buyers, and 0.04 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,72,0000.58 5.55%
QIB 14,60,0004.96 47.10%
    Anchor 8,76,000 2.98 28.26%
    QIB (Ex Anchor) 5,84,000 1.99 18.84%
NII* 4,40,0001.50 14.19%
Retail10,28,0003.50 33.16%
Total31,00,00010.54 100%

Medicamen Organics IPO Anchor Investor Allocation

A total of 8,76,000 shares at a price of Rs 34 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJun 20, 2024
Anchor investor price₹34.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days4,38,000
No. of shares locked-in for 90 days4,38,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 4,44,000 1.51 50.68 14.32
2 SB OPPORTUNITIES FUND SB OPPORTUNITIES FUND 4,32,000 1.47 49.32 13.94
8,76,0002.9810028.26

IPO Subscription FAQs

The Medicamen Organics IPO is subscribed 993.56 times by Jun 25, 2024 18:19.

Medicamen Organics IPO Subscription

Investor Category Subscription (times)
Qualified Institutional173.03
Non Institutional1343.83
Retail Individual1309.77
Total Subscription993.56

Retail category of Medicamen Organics IPO subscribed 1309.77 times as of date Jun 25, 2024 18:19. The public issue closes on Tue, Jun 25, 2024 for bidding.

An investor can apply in Medicamen Organics IPO online via bank (using ASBA) or the broker (using UPI). The Medicamen Organics IPO shares are offered online only.

The Medicamen Organics IPO is subscribed 993.56 times by Jun 25, 2024 18:19.

The Medicamen Organics IPO allotment status is expected on or around Wednesday, June 26, 2024. Visit Medicamen Organics IPO allotment status to check.

The Medicamen Organics IPO listing date is June 28, 2024. The equity share of Medicamen Organics IPO will list on NSE SME.

Visit Medicamen Organics IPO subscription status page for real-time bidding information about Medicamen Organics IPO.

Medicamen Organics IPO Timetable

IPO opens OnFriday, June 21, 2024
IPO Closes OnTuesday, June 25, 2024
Finalisation of Basis of AllotmentWednesday, June 26, 2024
Initiation of RefundsThursday, June 27, 2024
Credit of Shares to Demat AccountThursday, June 27, 2024
IPO Listing DateFriday, June 28, 2024
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