Contents
- 1 Table of Contents
- 2 Medicamen Organics IPO Details
- 3 Medicamen Organics IPO Date
- 4 Lot Size Of the Medicamen Organics IPO
- 5 Medicamen Organics IPO GMP (Grey Market Premium)
- 6 Medicamen Organics IPO Subscription Status
- 7 Medicamen Organics IPO Allotment Status
- 8 Know About Company
- 9 Objects of the Issue
- 10 Promoters Holding
- 11 Medicamen Organics Limited Financial Report
- 12 KPI Of Medicamen Organics Limited
- 13 Peer Group
- 14 Medicamen Organics Limited IPO (EnNutrica) IPO Registrar
- 15 Medicamen Organics Limited IPO Lead Manager
- 16 Medicamen Organics Limited Contact
- 17 Medicamen Organics Limited IPO Prospectus
- 18 Medicamen Organics Limited IPO Application Form PDF
- 19 FAQs
Table of Contents
Medicamen Organics IPO: Medicamen Organics Limited IPO is open for subscription on June 21, 2024 and closes on June 25, 2024. The allotment for the IPO is expected on June 26, 2024. Medicamen Organics IPO will be listed on NSE SME with a listing date fixed as June 28, 2024.
Medicamen Organics IPO is a fresh issue amounting to Rs 10.54 crores. The entire issue comprises a fresh offering of 31 lakh shares. The price band for the IPO is fixed at ₹32 to ₹34 per share.
Source from Medicamen Organics IPO DRHP
Medicamen Organics IPO Details
| Open Date | June 21, 2024 |
| Close Date | June 25, 2024 |
| Listing Date | June 28, 2024 |
| IPO Size | Aggregating up to ₹10.54 Cr. |
| Fresh Issue | 31 lakh shares |
| Face Value | ₹10 per share |
| IPO Price Band | ₹32 to ₹34 per share |
| IPO Listing on | NSE SME |
| Lot Size | 4000 Shares |
| OFS | NA |
| Share Offered to Retail | 35% |
| Share Offered to QBI | 50% |
| Share Offered to HNI | 15% |
Medicamen Organics IPO Date
- IPO Open Date: June 21, 2024
- IPO Close Date: June 25, 2024
- Allotment: June 26, 2024
- Refunds: June 27, 2024
- Shares Credit to Demat: June 27, 2024
- Listing Date: June 28, 2024
Lot Size Of the Medicamen Organics IPO
| Application Type | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹136,000 |
| Retail (Max) | 1 | 4000 | ₹136,000 |
| HNI (Min) | 2 | 8000 | ₹272,000 |
Medicamen Organics IPO GMP (Grey Market Premium)
If you want to know Medicamen Organics IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.
Medicamen Organics IPO Subscription Status
Medicamen Organics IPO subscription starts on June 21, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
Medicamen Organics IPO Allotment Status
To check Medicamen Organics IPO allotment status go to the IPO registrar website ”KFIN TECHNOLOGIES LIMITED” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.
- Go to the Link given above.
- Select the IPO Name
- Enter your PAN/ DP ID/ Application No
- Submit details and get the allotment status of Medicamen Organics IPO.
Know About Company
Founded in 1995, Medicamen Organics Limited manufactures and distributes various pharmaceutical products including tablets, capsules, liquids, ointments, and powders.
With a portfolio of 84 products, the company offers a diverse range of medications such as antibiotics, antifungals, antimalarials, antidiabetics, and more.
Its clientele includes government agencies and private entities, both domestically and internationally.
The company’s products are marketed across India and in several countries in Africa, CIS, and Southeast Asia through third-party distributors.
Medicamen Organics operates two WHO-GMP-approved manufacturing facilities in Haridwar, Uttarakhand.
As of September 30, 2023, the company has engaged in contract manufacturing with 38 domestic partners and 12 merchant exporters.
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.
Promoters Holding
Before the IPO, Mr. Bal Kishan Gupta, the promoter of Medicamen Organics, holds 81.21% of the shares.
Medicamen Organics Limited Financial Report
Here’s the restated financial information for Medicamen Organics Limited:
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 3,450.88 | 3,211.98 | 2,707.21 | 2,634.37 |
| Revenue | 1,132.60 | 2,296.24 | 2,118.67 | 2,505.96 |
| Profit After Tax | 129.11 | 95.78 | 9.23 | 29.81 |
| Net Worth | 1,180.83 | 851.71 | 755.92 | 746.72 |
| Total Borrowing | 1,062.50 | 1,179.50 | 1,024.57 | 958.97 |
KPI Of Medicamen Organics Limited
Here are the key performance indicators (KPIs) for Medicamen Organics Limited:
| Period Ended | Sep 30, 2023 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 |
|---|---|---|---|---|
| Revenue from Operations | 1,132.00 | 2,214.71 | 2,097.52 | 2,504.71 |
| Total Income | 1,132.60 | 2,296.24 | 2,118.67 | 2,505.96 |
| EBITDA | 242.34 | 268.37 | 140.84 | 164.55 |
| EBITDA Margin (%) | 21.41% | 12.12% | 6.71% | 6.57% |
| Profit for the Year/Period | 129.11 | 95.78 | 9.23 | 29.81 |
| PAT Margin (%) | 11.41% | 4.32% | 0.44% | 1.19% |
| Return on Net Worth | 10.93% | 11.25% | 1.22% | 3.99% |
| Return on Capital Employed | 9.21% | 9.71% | 4.09% | 5.68% |
| Debt-Equity Ratio | 0.90 | 1.38 | 1.36 | 1.28 |
Peer Group
- Brooks Laboratories Ltd
- Cian Healthcare Ltd
- Zenotech Laboratories Ltd
Medicamen Organics Limited IPO (EnNutrica) IPO Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial District,
Nanakramguda, Serilingampally, Hyderabad-500 032, Telangana, India.
Tel No.: +91 40 6716 2222 Fax: +91 40 2343 1551
Website: www.kfintech.com
Medicamen Organics Limited IPO Lead Manager
GYR Capital Advisors Private Limited
(Formerly known as Alpha Numero Services Private Limited)
428, Gala Empire, Near JB Tower, Drive in Road, Thaltej,
Ahemdabad-380 054, Gujarat, India.
Telephone: +91 +91 877 756 4648 Facsimile: N.A.
Email ID: info@gyrcapitaladvisors.com
Website: www.gyrcapitaladvisors.com
Medicamen Organics Limited Contact
Medicamen Organics Limited
10 Community Centre,
No 2 Ashok Vihar Phase II,
New Delhi, Delhi, 110052
Phone: +91-9818222845
Email: cs@mediorganics.in
Website: http://www.medicamenorganics.com/
Medicamen Organics Limited IPO Prospectus
Medicamen Organics Limited IPO Application Form PDF
To download the Medicamen Organics Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.
FAQs
When does the Medicamen Organics Limited IPO open for subscription?
The IPO opens for subscription on June 21, 2024.
When is the expected allotment date for the Medicamen Organics Limited IPO?
The allotment for the IPO is expected on June 26, 2024.
What is the price band for the Medicamen Organics Limited IPO?
The price band for the IPO is fixed at ₹32 to ₹34 per share.
