Adeshwar Meditex Limited IPO (Adeshwar Meditex IPO) Detail

Jun 15, 2021 - Jun 18, 2021

Incorporated in 2007, Adeshwar Meditex Limited is engaged in manufacturing surgical dressings and external preparations products i.e. sterile surgical wound dressing, tulle dressing, adhesive bandages, medical disposable, absorbent gauze, disinfectants, plaster, medical kits, etc. The firm caters to both the domestic as well as international markets.

Adeshwar Meditex has a state-of-the-art manufacturing facility in Palghar district. The modernized manufacturing unit is equipped with advanced machinery and sterilization facilities along with an in-house R&D unit.

Competitive Strengths

  • Experienced promoters and managers team.
  • Large product portfolio.
  • Global market presence.
  • Strong quality control and service standards.

Company Promoters:

Siddharth Talati is the promoter of the company.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
31-Dec-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 6,560.31 5,480.65 4,386.71 3,281.38
Total Revenue 5,208.66 5,639.26 5,473.93 5,869.67
Profit After Tax 138.92 201.49 225.10 256.08

Objects of the Issue:

The net IPO proceeds will be used towards the following purposes;

  • To make partly repayment of loans.
  • To finance company's working capital requirements.
  • To meet general corporate purposes.

Adeshwar Meditex IPO Details

IPO Opening DateJun 15, 2021
IPO Closing DateJun 18, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹25 per equity share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME
Issue Size3,900,000 Eq Shares of ₹10
(aggregating up to ₹9.75 Cr)

Adeshwar Meditex IPO Tentative Timetable

The Adeshwar Meditex IPO open date is Jun 15, 2021, and the close date is Jun 18, 2021. The issue may list on Jun 28, 2021.

IPO Open DateJun 15, 2021
IPO Close DateJun 18, 2021
Basis of Allotment DateJun 23, 2021
Initiation of RefundsJun 24, 2021
Credit of Shares to Demat AccountJun 25, 2021
IPO Listing DateJun 28, 2021

Adeshwar Meditex IPO Lot Size

The Adeshwar Meditex IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹150,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹150,000
Maximum16000₹150,000

Adeshwar Meditex IPO Promoter Holding

Pre Issue Share Holding58.45%
Post Issue Share Holding42.65%

Adeshwar Meditex IPO Prospectus

Adeshwar Meditex IPO Rating

26
2.4
Rating:Rated 2.4 stars

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Adeshwar Meditex IPO Reviews / Ratings

Company Contact Information

Adeshwar Meditex Limited
605, 6th floor, Plot-99, Niranjan Building
Bhagwan Todi Bal Udyan Marg
Marine Lines Railway Station, Marine Drive, Mumbai

Phone: 022-22674137 / 38
Email: info@adeshwarmeditex.com
Website: http://www.adeshwarmeditex.com/

Adeshwar Meditex IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Adeshwar Meditex IPO FAQs

  1. What is Adeshwar Meditex IPO?

    Adeshwar Meditex IPO is a SME IPO of 3,900,000 equity shares of the face value of ₹10 aggregating up to ₹9.75 Crores. The issue is priced at ₹25 per equity share. The minimum order quantity is 6000 Shares.

    The IPO opens on Jun 15, 2021, and closes on Jun 18, 2021.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. How to apply in Adeshwar Meditex IPO through Zerodha?

    Zerodha customers can apply online in Adeshwar Meditex IPO using UPI as a payment gateway. Zerodha customers can apply in Adeshwar Meditex IPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in Adeshwar Meditex IPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'Adeshwar Meditex IPO' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When Adeshwar Meditex IPO will open?

    The Adeshwar Meditex IPO opens on Jun 15, 2021 and closes on Jun 18, 2021.

  4. What is the lot size of Adeshwar Meditex IPO?

    Adeshwar Meditex IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

  5. How to apply for Adeshwar Meditex IPO?

    You can apply in Adeshwar Meditex IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When Adeshwar Meditex IPO allotment?

    The finalization of Basis of Allotment for Adeshwar Meditex IPO will be done on Jun 23, 2021, and the allotted shares will be credited to your demat account by Jun 25, 2021. Check the Adeshwar Meditex IPO allotment status.

  7. When is Adeshwar Meditex IPO listing date?

    The Adeshwar Meditex IPO listing date is not yet announced. The tentative date of Adeshwar Meditex IPO listing is Jun 28, 2021.

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