IPO Details

Medicamen Organics Ltd
Registered Office: 10 Community Centre No 2, Ashok Vihar Phase II, New Delhi - 110052, Delhi
Phone: +91 98182 22845
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-2024	25-Jun-2024	₹ 34.00	₹ 0.00

Projects
Funding of expenses proposed to be incurred towards products registration in the international markets
Plant updation and increase in production capacity
Funding working capital requirements of the company
General corporate purposes

Promoted By
Bal Kishan Gupta
Ashutosh Gupta

Listing At
NSE - SME

Registrar to the Issue