Medico Remedies IPO Allotment Status Online

Medico Remedies IPO Details

IPO Open Jan 29, 2018
IPO Close Jan 31, 2018
IPO Price ₹100
Face Value ₹10
IPO Size ₹10.99 Cr
Listing At BSE SME
Lot Size 1200
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Medico Remedies IPO allotment status is not available at this time. IPO share allotment process takes 6 working days from the issue closing date. Please revisit us to check the latest updates for Medico Remedies Ltd IPO allotment status.

Note: Registrar of the Medico Remedies IPO is responsible for IPO allotment and refund processing. Please contact the registrar with questions related to IPO Allotment Status Online. To understand the allocation of shares for Medico Remedies Ltd IPO, check the Basis of Allotment document.

Medico Remedies IPO Allotment FAQs

Sorry. The tentative date of allotment for Medico Remedies IPO is not available at this time.

Below are the steps to check Medico Remedies IPO allotment status online:

  • Visit the Medico Remedies IPO allotment status page.
  • Click on the green Medico Remedies IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Medico Remedies IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of Medico Remedies IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Medico Remedies IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Medico Remedies IPO allotment status is expected on . Click the green button Medico Remedies IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Medico Remedies IPO oversubscribed in the retail category, the Medico Remedies IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Medico Remedies IPO shares will get listed on Thursday, February 8, 2018. The equity share of Medico Remedies Ltd will list on BSE SME.

The reason you didn't get the Medico Remedies IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).

The Medico Remedies IPO will open for bidding on Jan 29, 2018. The IPO application closes on Jan 31, 2018.