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Medicamen Organics Limited logo

Medicamen Organics Limited IPO

SME IPOListedMEDIORGNSE
Current Market Price (CMP)
₹101.45(+198.38%)
Current Price (CMP)
₹101.45(+198.38%)

Live Market Quote

Listing Price & Gain
₹137.85(+305.44%)

Day 1 Exchange Open

IPO Issue Price
₹34

Band: ₹32 - ₹34

Total Subscription
916.79x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
21 Jun 2024
IPO Bidding Closes
25 Jun 2024
Allotment & Refunds
Completed
Exchange Listing Day
28 Jun 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 916.79x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription916.79x
Updated as on 25-Jun-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+305.44%
₹34 (Issue) → ₹137.85 (List)
Per share profit: +₹103.85
Holding Return (Till Date)+198.38%
₹34 (Issue) → ₹101.45 (CMP)
Net gain per share: +₹67.45
Post-Listing Performance (Listing Day → Today):-26.41%

About Medicamen Organics Limited IPO

Medicamen Organics Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 21 Jun 2024 and concluded on 25 Jun 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹32 - ₹34.

During the bidding window, Medicamen Organics Limited witnessed heavy demand with an overall subscription of 916.79 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Medicamen Organics Limited officially debuted on the stock exchanges on 28 Jun 2024 at an opening listing price of ₹137.85, delivering a listing day return of +305.44% (premium) over the final issue price. As per the latest market data, the stock trades at ₹101.45, representing an overall gain of +198.38% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Medicamen Organics Limited IPO?
The issue price of Medicamen Organics Limited IPO was fixed at ₹34 per equity share. The indicative bidding price band was ₹32 - ₹34.
What were the open, close, and listing dates for Medicamen Organics Limited IPO?
Medicamen Organics Limited IPO opened on 21 Jun 2024, closed on 25 Jun 2024, listed on 28 Jun 2024.
How much was Medicamen Organics Limited IPO subscribed?
The IPO received an overall subscription of 916.79 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Medicamen Organics Limited IPO?
Medicamen Organics Limited IPO listed on the stock exchange at ₹137.85, delivering a listing gain of 305.44% compared to the IPO issue price of ₹34.
Is Medicamen Organics Limited IPO a Mainboard or SME IPO?
Medicamen Organics Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Medicamen Organics Limited IPO since its IPO?
At the latest market quote of ₹101.45, Medicamen Organics Limited IPO has generated an all-time return of +198.38% since its initial public offering.

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