Medicamen Organics Limited IPO subscribed 994 times on the last day of bidding. Check the GMP & other details here
Medicamen Organics Limited specializes in manufacturing generic pharmaceuticals, including tablets, capsules, liquids, and creams. They provide contract manufacturing services for governments and private companies and distribute their products across India and several international markets. Operating from WHO-GMP-approved facilities in Haridwar, they offer a portfolio of 84 products and collaborate with numerous domestic and international partners to expand their reach.
Medicamen Organics Limited subscription details
| Category | Subscription (in times) |
|---|---|
| QIBs | 173.03 |
| NII | 1,343.83 |
| Retail | 1,309.77 |
| Total | 993.56 |
Medicamen Organics Limited GMP today
The current GMP of the company is around Rs. 40-50 which is around 117.65% of the Issue price . It is expected that investors can get a profit of 117.65% per lot if the stock lists at such GMP price.
Note: The GMP fluctuates on the basis of market demand.
Medicamen Organics Limited Allotment & Listing date
The allotment of Medicamen Organics Limited is to be done on Wednesday (26/06/2024) by kfin technologies limited (Registrar) and the listing date of the shares is on Friday (28/06/2024). The shares of the company is going to list at NSE at 10 A.M on the listing date.
To check the allotment, click here
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