Medicamen Organics Limited IPO (Medicamen Organics IPO)

Medicamen Organics Limited IPO
Upcoming Medicamen Organics IPO | New Medicamen Organics IPO

Medicamen Organics Limited develops, manufactures, and distributes pharmaceutical dosages including generic dosages in the form of tablets, capsules, oral liquids, ointments, gels, syrups, suspensions and dry powders for the Government (including State Governments and Central Governments) and private entities as a contract manufacturer/third party manufacturer.

The company’s product list comprises 84 products and offers a wide range of drugs such as antibacterial, antidiarrheal, antifungal, antimalarial, antidiabetic, proton pump inhibitors, antihistamines, antihypertensive drugs, lipid preparations, antiparasitics, multivitamin preparations, multimineral and non-steroidal anti-inflammatory drugs (NSAIDS).

The company’s products are marketed throughout India as well as in African, CIS, and South East Asian countries such as Congo, Benin, Kameg, Togo, Senegal, Burkina Faso, Philippines, Myanmar, Mozambique, Togo, Burundi, Kyrgyzstan and Kenya through third-party distributors.

The company has two WHO-GMP-approved manufacturing facilities in Haridwar, Uttarakhand, covering an area of 21,536 Sq. Ft. As on September 30, 2023, the company has entered into contract manufacturing with 38 domestic partners and 12 merchant exporters.

As of September 30, 2023, the company employed a total of 116 people.

Medicamen Organics IPO

Medicamen Organics IPO – Details

IPO Opening Date21 June 2024
IPO Closing Date25 June 2024
Issue TypeBook Built Issue IPO
Issue SizeTotal Issue Size: 31,00,000 Shares Worth ₹10.54 Crore
Fresh Issue: 31,00,000 Shares Worth ₹10.54 Crore
Face Value₹10 per equity share
IPO Price₹32 – ₹34
Market Lot4000 Shares
Min Order4000 Shares (1 Lot)
Listing AtNSE SME
RegisterKfin Technologies Limited
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Medicamen Organics IPO – Date Schedule

IPO Open Date21 June 2024
IPO Close Date25 June 2024
Basis of Allotment26 June 2024
Initiation of Refund27 June 2024
Credit of Shares to Demat Account27 June 2024
IPO Listing Date28 June 2024
Cut-off time for UPI mandate confirmation5 PM on June 25, 2024

Medicamen Organics IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)14000₹1,36,000
Retail (Maximum)14000₹1,36,000
HNI (Minimum)28000₹2,72,000

Competitive Strengths

  • Experienced Promoters and Management Team;
  • Long standing relationships with customers;
  • Efficient operational team;
  • Consistent financial performance;

Company Promoters

  • Mr. Bal Kishan Gupta

Object 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; and
  • General Corporate Purposes.
Medicamen Organics IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202125.0524.560.299.58
31 March 202221.1820.930.0910.24
31 March 202322.9621.600.9511.79
30 September 202311.329.571.2910.62
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)9.51
EPS (Rs)1.112.21
P/E (x)30.5315.41

Medicamen Organics IPO Promoter Holding

Pre Issue Share Holding81.21%
Post Issue Share Holding

Medicamen Organics IPO Prospectus

Company Contact Information

Medicamen Organics Limited

10 Community Centre,
No 2 Ashok Vihar Phase II,
New Delhi, Delhi, 110052

Phone: +91-9818222845

Medicamen Organics IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Medicamen Organics IPO Lead Manager(s)

1. GYR Capital Advisors Private Limited

Medicamen Organics IPO FAQs

Medicamen Organics IPO FAQs
What is Medicamen Organics IPO?

Medicamen Organics IPO is a SME IPO. The issue is priced at ₹32 – ₹34 per equity share. The IPO is to be listed on NSE SME.
When Medicamen Organics IPO will open?

The IPO is to open on 21 June 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors.
How to Medicamen Organics IPO?

You can apply for Medicamen Organics IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Medicamen Organics IPO through 5 Paisa?

Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Medicamen Organics”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa.
How to Apply the Medicamen Organics IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Medicamen Organics”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Medicamen Organics IPO Size?

Medicamen Organics IPO size is ₹10.54 crores.
What is Medicamen Organics IPO Price Band?

Medicamen Organics IPO Price Band is ₹32 – ₹34.
What is Medicamen Organics IPO Minimum and Maximum Lot Size?

The minimum bid is 4000 Shares with ₹1,36,000 amount while the maximum bid is 4000 shares with ₹1,36,000.
What is the Medicamen Organics IPO Allotment Date?

Medicamen Organics IPO allotment date is  26 June 2024.
What is the Medicamen Organics IPO Listing Date?

Medicamen Organics IPO listing date is 28 June 2024. The IPO is to list on NSE SME.
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