Medico Remedies IPO Subscription Details

Fixed Price IPO | ₹11 Cr | Listed at BSE SME | Mon, Jan 29, 2018 - Wed, Jan 31, 2018

Basis of Allotment - Medico Remedies IPO

Details NII Retail Total
Allocation (No. of shares)5,20,8005,20,80010,41,600
Allotment price (Rs.)100100100
No.of applications201,0371,057
No.of shares applied3,70,80012,44,40016,15,200
Amount collected (Rs.cr.)3.71 12.44 16.15
No.of times subscribed0.712.391.55
No.of shares allotted2,38,8008,02,80010,41,600
Amount (Rs.cr.)2.39 8.03 10.42
No.of allottees0669669

IPO Shares Offered

Medico Remedies IPO is a public issue of 0.10 Cr equity shares. The issue offers 0.05 Cr shares to retail investors , 0.05 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker57,6000.58 5.24%
Other 5,20,8005.21 47.38%
Retail5,20,8005.21 47.38%
Total10,99,20010.99 100%

IPO Subscription FAQs

The Medico Remedies IPO is subscribed 1.8387 times by Jan 31, 2018 17:00.

Medico Remedies IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.1567
Retail Individual2.5207
Total Subscription1.8387

Retail category of Medico Remedies IPO subscribed 2.5207 times as of date Jan 31, 2018 17:00. The public issue closes on Wed, Jan 31, 2018 for bidding.

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

The Medico Remedies IPO is subscribed 1.8387 times by Jan 31, 2018 17:00.

The Medico Remedies IPO allotment status is expected on or around [.]. Visit Medico Remedies IPO allotment status to check.

The Medico Remedies IPO listing date is February 8, 2018. The equity share of Medico Remedies IPO will list on BSE SME.

Visit Medico Remedies IPO subscription status page for real-time bidding information about Medico Remedies IPO.

Medico Remedies IPO Timetable

IPO opens OnMonday, January 29, 2018
IPO Closes OnWednesday, January 31, 2018
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateThursday, February 8, 2018
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