Medico Remedies IPO Subscription Details (Live Status)

Medico Remedies IPO Details

Issue Open Jan 29, 2018
Issue Close Jan 31, 2018
IPO Price ₹100
Face Value ₹10
IPO Size ₹10.99 Cr
Listing At BSE SME
IPO Lot Size 1200

Medico Remedies IPO Subscription Status Live

Medico Remedies IPO subscribed 1.84 times. The public issue subscribed 2.52 times in the retail category, [.] times in QIB, and 1.16 times in the NII category by Jan 31, 2018.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers1.16
Retail Investors2.52

Medico Remedies IPO Subscription Details (times)


Day 1
Jan 29, 2018




Day 2
Jan 30, 2018




Day 3
Jan 31, 2018




Medico Remedies IPO Shares Offered

Medico Remedies IPO is a public issue of 1,041,600 equity shares. The issue offers 520,800 shares to retail investors, 0 shares to qualified institutional buyers, and 520,800 shares to non-institutional investors.

CategoryShares Offered%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

Medico Remedies IPO Subscription FAQs

The Medico Remedies IPO is subscribed 1.84 by Jan 31, 2018.

Medico Remedies IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional1.16
Retail Individual2.52
Employee Reservations[.]
Total Subscription1.84

Retail category of Medico Remedies IPO subscribed 2.52 times as of date Jan 31, 2018. The public issue closes on Jan 31, 2018 for bidding.

An investor can apply in Medico Remedies IPO online via bank (using ASBA) or the broker (using UPI). The Medico Remedies IPO shares are offered online only.

The Medico Remedies IPO is subscribed 1.84 by Jan 31, 2018.

The Medico Remedies IPO allotment status is expected on or around . Visit Medico Remedies IPO allotment status to check.

The Medico Remedies IPO listing date is Thursday, February 8, 2018. The equity share of Medico Remedies Ltd will list on BSE SME.

Visit Medico Remedies IPO subscription status page for real-time bidding information about Medico Remedies IPO.

Medico Remedies IPO Timetable

IPO Opens OnJan 29, 2018
IPO Closes OnJan 31, 2018
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date