MedPlus IPO to list on NSE and BSE on 23 December 2021, Thursday at 10:00 AM. MedPlus Health Services Limited is one of the largest pharmacy retailers in India. They provide genuine and unadulterated medicines to their customers. The company is one of the largest pharmacy chains in India as they are operating in 300+ cities, with 1500+ offline stores in India. The IPO subscribed 52.59x times that comprises Qualified Institutional Buyer (QIB) 111.90x, Non-institutional Bidders (NII) 85.33x, and Retail (RII) 5.24x. The company reported a profit of ₹63 crores in 2021 against a profit of ₹2 crores in 2020. The revenues were up in 2021 to ₹3091 crores against ₹2888 crores in 2020. The stock will list in B Group. As per the market speculations the stock might list in between ₹950 to ₹1050 range. Check out the MedPlus IPO listing details as given below:
Latest Update: MedPlus IPO listed at 31% premium on Indices. Medplus share price listed at ₹1040 on NSE & ₹1015 on BSE respectively. The stock is listed as per the IPO Watch team predicted. Happy Investing!
MedPlus Share Price Live Quote
| Details | BSE Listing | NSE Listing |
| IPO Price |
₹796.00
|
₹796.00
|
| List Price |
₹1015.00
|
₹1040.00
|
| High Price |
₹1143.10
|
₹1143.90
|
| Low Price |
₹1015.00
|
₹1040.00
|
| Close Price |
₹1120.85
|
₹1121.15
|
| Volume |
1,199,056
|
18,407,607
|
BSE Notice of Listing: Notice
MedPlus IPO Listing Details
Find the MedPlus IPO listing details like BSE Code, NSE Code, ISIN Number, and Listing Group. The information given below will help you on the MedPlus share listing day.
| BSE Code | 543427 |
| NSE Code | MEDPLUS |
| Group | B Group |
| ISIN No | INE804L01022 |
| Offer Price | ₹796 |
| Face Value | ₹2 |
| Listing Date | 23 December 2021, Thursday |
Important Links:
MedPlus IPO Subscription Status (Final Data)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.06 | 0.09 | 111.90 |
| NII | 0.16 | 0.50 | 85.33 |
| RII | 1.29 | 2.64 | 5.24 |
| EMP | 0.76 | 1.73 | 3.05 |
| Total | 0.70 | 1.46 | 52.59 |
MedPlus IPO Date & Price Band
| IPO Open: | 13 December 2021 |
| IPO Close: | 15 December 2021 |
| IPO Size: | Approx ₹1398 Crores |
| Fresh Issue: | Approx ₹600 Crores |
| Offer for Sale: | Approx ₹798 Crores |
| Face Value: | ₹2 Per Equity Share |
| Price Band: | ₹780 to ₹796 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | ₹78 for Employees |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
MedPlus IPO Market Lot
The MedPlus IPO minimum market lot is 18 shares with ₹14,328 application amount. The retail investors can apply up-to 13 lots, 234 shares with ₹186,264 application amount.
| Minimum Lot Size: | Minimum 18 Shares for 1 lot |
| Minimum Amount: | ₹14,328 for 1 lot |
| Maximum Lot Size: | Maximum 234 Shares for 13 lot |
| Maximum Amount: | ₹186,264 for 13 lot |
MedPlus IPO Time Table
The MedPlus IPO date is 13 December 2021 and the IPO close date is 15 December 2021. The allotment date is 20 December 2021 and the IPO may list on 23 December 2021.
| Price Band Announcement: | 07 December 2021 |
| Anchor Investors Allotment: | 12 December 2021 |
| IPO Open Date: | 13 December 2021 |
| IPO Close Date: | 15 December 2021 |
| Basis of Allotment: | 20 December 2021 |
| Refunds: | 21 December 2021 |
| Credit to Demat Account: | 22 December 2021 |
| IPO Listing Date: | 23 December 2021 |
MedPlus IPO Listing FAQs:
When is MedPlus IPO Listing Date?
MedPlus IPO listing date is 23 December 2021, Thursday.
What will be the estimated listing price of MedPlus stock?
As per the market speculations, the IPO might list at ₹950 to ₹1050 level. If the market supports the stock might go on a higher side around ₹1100+ level while on the downside the stock might hit to ₹900 level.
How many returns are expected in MedPlus IPO?
The IPO might give a listing profit of ₹3000 to ₹5000.
What is MedPlus Share Price on Listing Day?
The IPO is listed at ₹1040.00 on NSE and at ₹1015.00 on BSE.
Will MedPlus will list on NSE and BSE?
Yes, The IPO to list on NSE and BSE both the indices.
Should I buy MedPlus shares on a listing day?
Long-term investors should buy the stock on a listing day. Stock Market investments are subject to market risks.
What is a BSE and NSE Code for the MedPlus IPO?
The BSE Code is 543427 while NSE Code is MEDPLUS.
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Jagat Joshi
Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.
