Medicamen Organics IPO description – Incorporated in 1995, Medicamen Organics develops, manufactures, and distributes a wide range of pharmaceutical products, including generic tablets, capsules, oral liquids, ointments, gels, syrups, suspensions, and dry powders for government (including both state and central governments) and private institutions as contract manufacturers / 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). As of 30 September 2023, the company has engaged in contract manufacturing with 38 domestic partners and 12 merchant exporters.
The company products are available in India, as well as in African, CIS, and Southeast Asian countries such as Congo, Benin, Cameg, Togo, Senegal, Burkina Faso, Philippines, Myanmar, Mozambique, Togo, Burundi, Kyrgyzstan, and Kenya through third-party distributors.
Promoters of Medicamen Organics – Mr. Bal Kishan Gupta
Table of Contents
Medicamen Organics IPO Details
| Medicamen Organics IPO Dates | 21 – 25 June 2024 |
| Medicamen Organics Issue Price | INR 32 – 34 per share |
| Fresh issue | 31,00,000 shares (INR 9.92 – 10.54 crore) |
| Offer For Sale | NIL |
| Total IPO size | 31,00,000 shares (INR 9.92 – 10.54 crore) |
| Minimum bid (lot size) | 4,000 shares (INR 1,36,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE Emerge |
Medicamen Organics Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 20.98 | 22.15 | 25.27 |
| Expenses | 20.93 | 21.60 | 21.90 |
| Net income | 0.10 | 0.97 | 2.40 |
Medicamen Organics Offer News
- Medicamen Organics RHP
- Medicamen Organics Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Medicamen Organics Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.17 | 1.62 | 3.18 |
| PE ratio | – | – | 10.06 – 10.69 |
| RONW (%) | 1.27 | 10.79 | 15.83 |
| NAV | 13.35 | 14.97 | 17.66 |
| ROCE (%) | 3.99 | 9.71 | 14.50 |
| EBITDA (%) | 6.71 | 12.12 | 18.81 |
| Debt/Equity | 0.88 | 1.31 | 0.83 |
Medicamen Organics IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 27 June 2024 | 47 | – | 1,51,000 |
| 26 June 2024 | 50 | – | 1,57,000 |
| 25 June 2024 | 50 | – | 1,57,000 |
| 24 June 2024 | 55 | – | 1,70,000 |
| 22 June 2024 | 60 | – | 1,80,000 |
| 21 June 2024 | 60 | – | 1,78,000 |
| 20 June 2024 | 60 | – | 1,75,000 |
| 19 June 2024 | 60 | – | 1,71,000 |
| 18 June 2024 | 57 | – | 1,68,000 |
| 17 June 2024 | 55 | – | 1,60,000 |
Medicamen Organics IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 5,84,000 | 4,40,000 | 10,28,000 | 20,52,000 |
| 25 Jun 2024 | 173.03 | 1316.87 | 1116.77 | 891.09 |
| 24 Jun 2024 | 1.42 | 125.05 | 339.69 | 197.39 |
| 21 Jun 2024 | 1.01 | 33.31 | 72.25 | 43.63 |
The market maker reservation portion of 1,72,000 shares and anchor allocation of 8,76,000 shares are not included in the above calculations.
Medicamen Organics IPO Allotment Status
Medicamen Organics IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Medicamen Organics IPO Dates & Listing Performance
| IPO Opening Date | 21 June 2024 |
| IPO Closing Date | 25 June 2024 |
| Finalization of Basis of Allotment | 26 June 2024 |
| Initiation of refunds | 27 June 2024 |
| Transfer of shares to demat accounts | 27 June 2024 |
| IPO Listing Date | 28 June 2024 |
| Opening Price on NSE SME | INR 137.85 per share (up 305.44%) |
| Closing Price on NSE SME | INR 144.70 per share (up 325.59%) |
Medicamen Organics Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej, Ahmedabad-380 054
Phone:+91 8777564648
Email:Â [email protected]
Website:Â www.gyrcapitaladvisors.com
Medicamen Organics Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â +91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Medicamen Organics Issue Contact Details
MEDICAMEN ORGANICS LIMITED
10 Community Centre, No 2 Ashok Vihar, Phase II,
New Delhi, Delhi, 110052, India
Phone: +91-9818222845
E-mail: [email protected]
Website: www.medicamenorganics.com
IPO FAQs
What is the Medicamen Organics offer size?
Medicamen Organics offer size is INR 9.92 – 10.54 crores.
What is the Medicamen Organics offer price band?
Medicamen Organics public offer price is INR 32 – 34 per share.
What is the lot size of the Medicamen Organics IPO?
Medicamen Organics offer a lot size is 4,000 shares.
What is Medicamen Organics IPO GMP today?
Medicamen Organics IPO GMP today is INR 47 per share.
What is the Medicamen Organics kostak rate today?
Medicamen Organics kostak rate today is INR NA per application.
What is Medicamen Organics Subject to the Sauda rate today?
Medicamen Organics is Subject to the Sauda rate today is INR 1,51,000 per application.
