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Medicamen Organics Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Medicamen Organics Ltd IPO

Registered Office: 10 Community Centre No 2,Ashok Vihar Phase II , New Delhi - 110052 , Delhi , India.
Phone : +91 98182 22845   Fax:
Email :  cs@mediorganics.in  
Website :  www.medicamenorganics.com
Initial public offer of upto 31,00,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Medicamen Organics Limited (the "Company" or "Medicamen" or "Issuer") at an issue price of (Rs)34 per equity share (including a share premium of (Rs)24 per equity share) for cash, aggregating up to (Rs)10.54 crores ("Public Issue") out of which 1,72,000 equity shares of face value of (Rs)10/- each at an issue price of (Rs)34 per equity share for cash, aggregating (Rs)0.58 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of upto 29,28,000 equity shares of face value of (Rs)10/- each at an issue price of (Rs)34 per equity share for cash, aggregating up to (Rs)9.96 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 26.49 % and 25.02 % respectively of the post-issue paid-up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
21-Jun-24 25-Jun-24 (Rs)34.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :4000

  (Rs Cr) Lead Managers to the Issue
Project Cost 9.64
GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 10.54  
Post Issue Equity Share Capital 11.70  
Issue Price (Rs)34.00  
 
Projects
Funding of expenses proposed to be incurred towards products registration in the international marketsFunding working capital requirements of the company
Plant updation and increase in production capacityGeneral corporate purposes
Promoted By
Bal Kishan Gupta  
Ashutosh Gupta  
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd