Medicamen Organics IPO Skyrockets with 182.13x Subscription on Day 2!

Medicamen Organics IPO reached an impressive 182.13x subscription on Day 2, showing overwhelming investor enthusiasm and strong market confidence in the company's potential.
Medicamen Organics IPO Skyrockets with 182.13x Subscription on Day 2!

Medicamen Organics IPO was remarkably oversubscribed by 182.13 times on Day 2, demonstrating an overwhelming investor response. This impressive figure shows strong confidence and enthusiasm among investors for the company’s potential in the market.

How To Check Medicamen Organics Ltd IPO Subscription Status?

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the Medicamen Organics Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Medicamen Organics 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 IPO Subscription Status

Medicamen Organics IPO witnessed a phenomenal response on its first day, with the issue being subscribed 40.25 times. This indicates robust investor interest and confidence in the company’s prospects and market position.

Medicamen Organics IPO Listing Date 

Medicamen Organics IPO is expected to be listed on the NSE SME on June 28, 2024.

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