Adeshwar Meditex Limited IPO (Adeshwar Meditex IPO)

Adeshwar Meditex IPO
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Adeshwar Meditex is engaged in the manufacturing of surgical dressings and external preparations products of Wound care & Wound management including sterile surgical wound dressing, tulle dressing, medical disposable, adhesive bandages, absorbent gauze, plaster, disinfectants, medical kits etc.

Adeshwar Meditex started as a proprietary concern in 1997 which was subsequently converted into the company.  The company is an ISO 13485:2016 certified company and has manufacturing facility at Deewan Industrial Estate, Palghar District.

Its manufacturing facility also has sophisticated facilities for quality testing, research & development, storage and packaging while an in-house R&D facility takes care of on-site process improvement.

Adeshwar Meditex IPO

Competitive Strengths

  • Experienced promoters and managers team.
  • Large product portfolio.
  • Global market presence.
  • Strong quality control and service standards.

Company Promoters

Siddharth Talati is the promoter of the company.

Company Financials

ParticularsFor the year/period ended (₹ in lakhs)
31-Dec-2031-Mar-2031-Mar-1931-Mar-18
Total Assets6,560.315,480.654,386.713,281.38
Total Revenue5,208.665,639.265,473.935,869.67
Profit After Tax138.92201.49225.10256.08

Objects of the Issue

The net IPO proceeds will be used towards the following purposes;

  • To make partly repayment of loans.
  • To finance company’s working capital requirements.
  • To meet general corporate purposes.
Object Of The issue
Adeshwar Meditex IPO

Adeshwar Meditex IPO Details

IPO Opening DateJun 15, 2021
IPO Closing DateJun 18, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹25 per equity share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME
Issue Size3,900,000 Eq Shares of ₹10
(aggregating up to ₹9.75 Cr)

Adeshwar Meditex IPO – Schedule

IPO Open DateJun 15, 2021
IPO Close DateJun 18, 2021
Basis of Allotment DateJun 24, 2021
Initiation of RefundsJun 25, 2021
Credit of Shares to Demat AccountJun 26, 2021
IPO Listing DateJun 28, 2021

Adeshwar Meditex IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹150,000
Maximum16000₹150,000

Adeshwar Meditex IPO Promoter Holding

Pre Issue Share Holding58.45%
Post Issue Share Holding42.65%

Company Contact Information

Company Contact Information
Adeshwar Meditex Limited
605, 6th floor, Plot-99, Niranjan Building
Bhagwan Todi Bal Udyan Marg
Marine Lines Railway Station, Marine Drive, Mumbai

Phone: 022-22674137 / 38
Email: info@adeshwarmeditex.com
Websitehttp://www.adeshwarmeditex.com/

Adeshwar Meditex IPO FAQs

What is Adeshwar Meditex IPO?

Adeshwar Meditex IPO is a SME IPO of 3,900,000 equity shares of the face value of ₹10 aggregating up to ₹9.75 Crores. The issue is priced at ₹25 per equity share. The minimum order quantity is 6000 Shares.
The IPO opens on Jun 15, 2021, and closes on Jun 18, 2021.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
When Adeshwar Meditex IPO will open?

The Adeshwar Meditex IPO opens on Jun 15, 2021 and closes on Jun 18, 2021.
What is the lot size of Adeshwar Meditex IPO?

Adeshwar Meditex IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.
When is Adeshwar Meditex IPO listing date?

The Adeshwar Meditex IPO listing date is not yet announced. The tentative date of Adeshwar Meditex IPO listing is Jun 28, 2021.