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MEDIORGSME / NSEListed
Medicamen Organics

Medicamen Organics Limited, founded in 1995, is a trusted pharmaceutical company specializing in the development, manufacturing, and distribution of a wide range of pharmaceutical dosages, including tablets, capsules, syrups, ointments, gels, and dry powders. Catering to both government and private sectors as a contract manufacturer, the company offers 84 products across various therapeutic categories, such as antibacterials, antifungals, antidiabetics, antihypertensives, and multivitamin preparations. Medicamen Organics has a strong domestic presence and exports to multiple international markets, including Africa, CIS, and Southeast Asia. The company operates two WHO-GMP-approved manufacturing facilities in Haridwar, Uttarakhand, spanning 21,536 square feet. With partnerships with 38 domestic contract manufacturers and 12 merchant exporters, the company employed 116 people as of September 30, 2023, ensuring high-quality production and global reach.

₹32 - ₹34965.49x sub
Listed Price₹137.85
Listing Gain+305.44%

IPO Schedule & Timeline

Book Built Issue IPO
Open21 Jun 2024
Close25 Jun 2024
Allotment26 Jun 2024
Listing28 Jun 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail10,28,000 shares
33.16%
Nii (hni) 4,40,000 shares
14.19%
Anchor8,76,000 shares
28.26%
QIB5,84,000 shares
18.84%
Market Maker1,72,000 shares
5.55%

Minimum Application Lots

Retail1 Lot (4,000 shares)
₹1,36,000
HNI2 Lots (8,000 shares)
₹2,72,000

Company Promoters

Mr. Bal Kishan Gupta

Company Background

Medicamen Organics Limited, founded in 1995, is a trusted pharmaceutical company specializing in the development, manufacturing, and distribution of a wide range of pharmaceutical dosages, including tablets, capsules, syrups, ointments, gels, and dry powders. Catering to both government and private sectors as a contract manufacturer, the company offers 84 pr...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-23 )₹1132.6 Cr
Growth-54.8%
Revenue Trend (₹ in Crores)
0.0960.61.9k2.9kMar-21Mar-22Mar-23Sep-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-23 1,132.60129.113,450.881,062.50
Mar-232,296.2495.783,211.981,179.50
Mar-222,118.679.232,707.211,024.57
Mar-212,505.9629.812,634.37958.97

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-23 1.890%9.21%30.5315.41
Mar-23 1.600%9.71%00
Mar-220.150%4.09%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
26 Jun 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
28 Jun 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Medicamen Organics. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization26 Jun 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date28 Jun 2024Trading commences on exchange

How to Check Medicamen Organics Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Medicamen Organics from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Medicamen Organics IPO

Complete issue overview for Medicamen Organics (MEDIORG) IPO. The issue features an equity share price band of ₹32 – ₹34 per share with a minimum retail lot size of 4000 Shares (minimum application amount of ₹1,36,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions