Medicamen Organics Limited IPO Allotment Status, Subscription, and IPO Details

The Medicamen Organics IPO allotment is set for June 26, 2024, with shares priced at ₹32 to ₹34 per share. The offering allows bidding for lots of 4000 shares or multiples thereof.
Medicamen Organics Limited IPO Allotment Status, Subscription, and IPO Details

Medicamen Organics Ltd IPO Allotment Status 

The allotment date for the Medicamen Organics IPO is set for June 26, 2024, with shares priced at a range of ₹32 to ₹34 per share and a face value of ₹10. The offering consists of lots of 4000 shares, with bids accepted for these lots or their multiples.

Medicamen Organics Ltd IPO Allotment Status Check 

To ascertain their allocation status for the Medicamen Organics IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Kfin Technologies website.

IPO Allotment Status BSE 

Here are steps to check Medicamen Organics Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Medicamen Organics Ltd from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Stanley Medicamen Organics allotment status on Kfin Technologies Ltd website

Step 1: Visit IPO registrar website – Kfin Technologies 

Step 2: Select ‘Medicamen Organics’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Medicamen Organics IPO allotment status will be reflected on the screen.

Medicamen Organics Limited IPO GMP Today

The Medicamen Organics IPO GMP (Grey Market Premium) is ₹50 as of June 25.

Medicamen Organics Limited IPO Subscription Status 

Medicamen Organics IPO has experienced an overwhelming response, with the issue being subscribed an astonishing 916.79 times by Day 3. This unprecedented level of demand underscores the market’s strong belief in the potential and future growth of the company.

Medicamen Organics Limited IPO Details

Medicamen Organics is offering a book-built IPO worth ₹10.54 crore, solely through a fresh issue of 31 lakh shares. The IPO, open from June 21 to June 25, 2024, has a price band of ₹32 to ₹34 per share. Retail investors need a minimum investment of ₹136,000 for 4,000 shares.

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