SMEClosed

Medicamen Organics Limited IPO Subscription Status

📅Offer Date: 21 Jun 2024 – 25 Jun 2024

Minimum investment
₹1,36,0004000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total993.64x
QIB0.00x
NII0.00x
Retail1309.77x

Medicamen Organics Limited IPO was subscribed 993.64x in total when bidding closed on 25 Jun 2024, with 0.00x in the QIB category, 0.00x in NII, 1309.77x in retail. The issue ran from 21 Jun 2024 to 25 Jun 2024 at a price band of ₹32.00–₹34.00 per share.

QIB0.00xNII0.00xRetail1309.77xTotal993.64x1×

Times subscribed by category against the 1× line.

1310
≈ 1 in 1310 retail allotment
low allotment chance

Based on retail subscription (1309.77x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail10,28,0001,34,64,43,5601309.77x
Total20,52,0002,03,89,49,280993.64x
QIB / NII5,84,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail3.504577.911309.77x
QIB / NII1.99—0.00x
Total5.484577.91993.64x

Values derived from share count × issue price (₹34.00)

What this means for allotment & listing

Because Medicamen Organics Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Medicamen Organics Limited IPO subscription FAQs