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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
Open an Instant Account with Zerodha

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
Employees[.]
Others[.]
Total1.84

Medico Remedies IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Jan 29, 2018
0.680.330.50
Day 2
Jan 30, 2018
1.041.001.02
Day 3
Jan 31, 2018
1.162.521.84

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 OfferedAmount (Rs Cr) Size (%)
NII520,8005.2150.00%
Retail520,8005.2150.00%
Total1,041,60010.42100%

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. On 1st May 2022, SEBI introduced a new sub-category as Small NII for applications between Rs 2 lakhs to Rs 10 lakhs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs 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.

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

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[.]
Others[.]
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