Medicamen Organics IPO Date, Review, Price, Allotment Details

Medicamen Organics IPO Details: Medicamen Organics IPO date is fixed, The IPO will open on June 21 and will close on June 25. Medicamen Organics is a NSE SME IPO to raise ₹10.54 crores via IPO. The Medicamen Organics IPO price band is fixed at ₹32 to ₹34 with a market lot of 4000 shares.

medicamen-organics-ipo

Table of Contents


Medicamen Organics Limited is engaged in developing, manufacturing, and distributing a broad range of pharmaceutical dosages including generic dosages in the form of Tablets, Capsules, Oral Liquids, Ointments, Gel, Syrups, Suspension and Dry powders for government (including both state and central governments) and private institutions as contract manufacturer / third party manufacturer. They market their product to private pharma companies in domestic as well as international markets through third-party distributors or on a loan license basis. Further, their Company is also strategically focusing on establishing a direct presence in the international market for instance in fiscal 2023, they have directly exported their product to Burundi. They have a track record of operating a B2B model which covers the contract manufacturing model. Their products are marketed across India as well as African, CIS, and South East Asian Countries like Congo, Benin, Cameg, Togo, Senegal, Burkina Faso, Philippines, Myanmar, Mozambique, Togo, Burundi, Kyrgyzstan, and Kenya by their third-party distributor.


They have 2 WHO GMP-approved manufacturing facilities located at 60 and 61, Sector 6A, I.I.E. SIDCUL, Ranipur, Haridwar 249403, Uttarakhand spread across 21,536 sq. Ft. Their manufacturing facilities are capable of producing pharmaceutical formulations and products and have a fully equipped quality control department with experienced and qualified staff to facilitate a smooth manufacturing process. They have an in-house testing laboratory and the necessary infrastructure to test their raw materials and finished products to match the quality standards. They are an ISO 9001:2015 certified company. their core strength lies in product development and documentation, which gives them an inherent strength in the market as they are regularly engaged in research and development and launching new products. This gives them an ever-evolving product list as well as better pricing in the market. Their product portfolio consists of 84 products and comprises of wide range of drugs like, Anti-Bacterial, Anti Diarrheal, Anti Fungal, Anti-Malarial, Anti Diabetic, Proton Pump Inhibitor, Anti Histamine, Anti-Hypertensive drugs, Anti Lipidemic Drug, Anti Parasitic, Multivitamin, Multimineral and Non-steroidal anti-inflammatory drug (NSAIDS).

Their Company is consistent in supplying quality products around the year. Their products comply with requisite safety standards. They are a quality-conscious company. They are constantly striving to expand their line of products and they are always looking for complementary products that will add to their range of products.


Objects of the Issue:

  • Funding of expenses proposed to be incurred towards Product registration in the international markets
  • Plant updation and increase in production capacity
  • Funding working capital requirements of our Company
  • General Corporate Purposes

Medicamen Organics IPO Review

  • To be updated soon

Medicamen Organics IPO Date & Price Band Details

IPO Open:June 21, 2024
IPO Close:June 25, 2024
IPO Size:Approx ₹10.54 Crores, 3,100,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹32 to ₹34 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Medicamen Organics IPO Market Lot

The Medicamen Organics IPO minimum market lot is 4000 shares with a ₹136,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum14000₹136,000
Retail Maximum14000₹136,000
S-HNI Minimum28000₹272,000

Medicamen Organics IPO Dates

The Medicamen Organics IPO date is June 21 and the IPO close date is June 25. The IPO allotment date is June 26 and the IPO might list on June 28.

IPO Open Date:June 21, 2024
IPO Close Date:June 25, 2024
Basis of Allotment:June 26, 2024
Refunds:June 27, 2024
Credit to Demat Account:June 27, 2024
IPO Listing Date:June 28, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Medicamen Organics IPO Form

How to apply Medicamen Organics IPO? You can apply Medicamen Organics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Medicamen Organics IPO in the Invest section. The other option you can apply Medicamen Organics IPO via IPO forms download via the BSE website. Check out the Medicamen Organics forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.


Medicamen Organics Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹25.06₹24.57₹0.30
2022₹21.19₹20.93₹0.09
2023₹22.96₹21.60₹0.96
September 2023₹11.33₹9.57₹1.29

Medicamen Organics IPO Valuation – FY2023

Check Medicamen Organics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹1.60 per Equity Share
Price/Earning P/E Ratio:[.]
Return on Net Worth (RoNW):11.25%
Net Asset Value (NAV):₹14.20 per Equity Share

Peer Group

  • Brooks Laboratories Ltd
  • Cian Healthcare Ltd
  • Zenotech Laboratories Ltd

Company Promoters

  • Mr. Bal Kishan Gupta

Medicamen Organics IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

Medicamen Organics IPO Allotment Status

Check Medicamen Organics IPO allotment status on Kfintech website URL. Click Here

Medicamen Organics IPO Lead Managers aka Merchant Bankers

  • GYR Capital Advisors Private Limited

Company Address

Medicamen Organics Limited
10 Community Centre,
No 2 Ashok Vihar Phase II,
New Delhi, Delhi, 110052
Phone: +91-9818222845
Email: [email protected]
Website: http://www.medicamenorganics.com/

Medicamen Organics IPO FAQs


What is Medicamen Organics IPO?

Medicamen Organics IPO is an NSE SME IPO. They are going to raise ₹10.54 Crores via IPO. The issue is priced at ₹32 to ₹34 per equity share. The IPO is to be listed on NSE.

When Medicamen Organics IPO will open?

The IPO is to open on June 21, 2024 for QIB, NII, and Retail Investors.

What is Medicamen Organics IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Medicamen Organics IPO?

You can apply Medicamen Organics IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Medicamen Organics IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Medicamen Organics”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Medicamen Organics IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Medicamen Organics”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Medicamen Organics IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Medicamen Organics”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Medicamen Organics IPO Size?

Medicamen Organics IPO size is ₹10.54 crores.

What is Medicamen Organics IPO Price Band?

Medicamen Organics IPO Price Band is ₹32 to ₹34 per equity share.

What is Medicamen Organics IPO Minimum and Maximum Lot Size?

The IPO bid is 4000 shares with ₹136,000.

What is Medicamen Organics IPO Allotment Date?

Medicamen Organics IPO allotment date is June 26, 2024.

What is Medicamen Organics IPO Listing Date?

Medicamen Organics IPO listing date is June 28, 2024. The IPO to list on NSE SME.

Note: The Medicamen Organics IPO details are announced officially. The IPO grey market premium (Medicamen Organics IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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