As per the updates, the Medicamen Organics company will release the IPO allotment on 26th June 2024. Many bidders applied for this IPO and now want to check the status. the The Medicamen Organics received a tremendous response from the investors on the last day of bidding. The IPO was oversubscribed 993.56 times with Non-Institutional Buyers subscribing 1,343.83 times and retail investors subscribing 1,309.77 times. The Qualified Institutional Buyers have been noticed subscribing to the IPO 173.03 times. The investors can check the allotment status online by visiting – kfintech.com & linkintime.co.in. Stay connected with us to know more updates regarding Medicamen Organics IPO Status Today and How to Check Medicamen Organics’ IPO refund date, GMP Price online.
Medicamen Organics IPO Allotment Status Today
The company’s shares are trading at a premium of Rs 50 and if this trend continues then the shares are expected to list with over 140% gains on June 28. The company has priced the IPO at Rs 34 at the upper limit. The SME IPO of Medicamen Organics was subscribed over 900 times by the time it closed, driven by strong demand in all categories. The IPO was a complete fresh equity sale of 31 lakh shares, raising around Rs 10.5 crore for the company. The Medicamen Organics company will release the IPO allotment on 26th June 2024. The IPO started on 21st June and ended on 25th June 2024. Investors can check the Medicamen Organics IPO Allotment status from the official website link provided on this web page. The money raised from the public offer will be used for product registration in international markets, upgrading the plant, increasing production capacity, meeting working capital needs, and other general corporate purposes.
Medicamen Organics IPO 2024 Details
| Name of Company | Medicamen Organics |
| IPO Opens on | 21st June 2024 |
| IPO Closed on | 25th June 2025 |
| IPO Price | RS 34 |
| IPO Size | Rs 10.5 crore |
| Face Value | Rs 10 |
| Listing date | 28th June 2024 |
| Lot size | 4000 shares |
| Listing at | NSE, SME |
| Article Category | Allotment Status |
| Medicamen Organics IPO allotment release date | 26th June 2024 |
| Official website portal | kfintech.com |
Medicamen IPO Allotment Status Link >> Available Here
Medicamen Organics IPO Allotment Date & Time
The Medicamen Organics company will release the IPO allotment on 26th June 2024. The company started bid on 21st June and it concluded on 25th June 2024. Investors can check the status through the official website link provided on this web page. Here are some of the most important dates related to Medicamen IPO Allotment Status Today. If you have applied for Medicamen Organics IPO then you need to keep updated with them.
| IPO Open Date | 21st of June 2024 |
| IPO Close Date | 25th of June 2024 |
| Allotment Basis | 26th of June 2024 |
| Refund Date | 27th of June 2024 |
| Share Allotment Date | 27th of June 2024 |
| Listing Date | 28th of June 2024 |
How to Check medicamen IPO allotment status Online?
All the investors who have applied for Medicamen Organics IPO can check the allotment status by simply following the steps below.
Step 1 – Open the browser on your smart device and visit the Kfin Technologies website here i.e. https://ris.kfintech.com/ipostatus/.
Step 2 – Click on any of the links shown to check the IPO allotment status and choose “Medicamen Organics Limited”.
Step 3 – Choose any one option from the following – Application Number, Demat Account Number, or PAN ID.
Step 4 – Fill in the essential details and captcha.
Step 5 – Click on the submit button and view the allotment status.
FAQs
Q – What is the Medicamen Organics IPO allotment date?
A – The Medicamen Organics IPO allotment will be available on June 26, 2024.
Q – When will refunds for the Medicamen Organics IPO be issued?
A – The refunds of Medicamen Organics IPO will be initiated on June 27, 2024.
Q – What are the chances of getting the Medicamen Organics IPO allotment?
A – The chances of getting the IPO allotment depend on the subscription. Based on the number of retail applications received, the allotment ratio will be about 1 in 1,252 which is quite high.
Q – How to check the Medicamen IPO allotment status Online?
A – An individual can check the Medicamen Organics IPO allotment status Link at http://kfintech.com and using your PAN number, or application number.
Q – How to check the Medicamen Organics IPO allotment through the registrar?
A – Simply visit the Medicamen Organics IPO allotment page by clicking here: Click Here. You can check using your application number, PAN number, or Demat account number.