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Bidding Date
21-Jun-2024 to
25-Jun-2024
Issue Size
₹10.54 Cr
Price Band
₹32 to ₹34
Allotment date
26-Jun-2024
Listing date
28-Jun-2024
Lot size
4000
No. of shares
31,00,000
Fresh issue/OFS
₹10.54 Cr /--
Medicamen Organics Ltd, established in 1995, is a dedicated developer, manufacturer, and distributor of a broad range of pharmaceutical dosages, including generic forms such as tablets, capsules, oral liquids, ointments, gels, syrups, suspensions, and dry powders. With a strategic focus on both domestic and international markets, they have a robust track record of B2B operations, catering to a wide array of pharmaceutical needs through contract manufacturing and direct exports. The company partners with pharmaceutical companies that market and sell its products both domestically and internationally. In addition to contract manufacturing, they participate in government tenders to supply their products to government hospitals, departments, PSUs, and armed forces. Their products range across various therapeutic areas, including anti-bacterial, anti-diarrheal, anti-fungal, anti-malarial, anti-diabetic, proton pump inhibitors, anti-histamines, anti-hypertensive, anti-lipidemic, anti-parasitic, multivitamins, multiminerals, and NSAIDs.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
656.7x
| Name | Price Band (Rs) | Bidding Date |
|---|---|---|
| AJC Jewel Manufacturers | 90 - 95 | 23-Jun-2025 to 26-Jun-2025 |
| Mayasheel Ventures | 44 - 47 | 20-Jun-2025 to 24-Jun-2025 |
| Safe Enterprises Retail Fixtures | 131 - 138 | 20-Jun-2025 to 24-Jun-2025 |
| Aakaar Medical Technologies | 68 - 72 | 20-Jun-2025 to 24-Jun-2025 |
The issue size of Medicamen Organics Ltd is ₹10.54 Cr.
Medicamen Organics Ltd falls into Pharmaceuticals industry.
The Medicamen Organics Ltd IPO will be listed on BSE.
The open and close dates for the Medicamen Organics Ltd are 21-Jun-2024 & 25-Jun-2024.
The price band for the Medicamen Organics Ltd ipo is ₹32 to ₹34
The listing date of Medicamen Organics Ltd IPO is 28-Jun-2024.
The purpose of this IPO is to raise fresh capital.
Medicamen Organics Ltd total subscription ratio is 656.7X.
Key financial of the Medicamen Organics Ltd are:
| Medicamen Organics Ltd | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 25.27 | 22.15 | 20.98 |
| EBIT (₹ Cr) | 4.02 | 1.16 | 0.52 |
| Proft after Tax (₹ Cr) | 2.4 | 0.97 | 0.1 |
| Debt (₹ Cr) | 12.66 | 11.8 | 10.24 |
| Net Worth (₹ Cr) | 15.18 | 8.98 | 8.01 |
| RoE (%) | 15.81 | 10.8 | 1.25 |
