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Medicamen Organics Ltd

Registered Office : 10 Community Centre No 2,Ashok Vihar Phase II,New Delhi Delhi 110052 Phone : +91 98182 22845
Fax :

Email : cs@mediorganics.in

Website : www.medicamenorganics.com

Initial public offer of upto 31,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Medicamen Organics Limited (the "Company" or "Medicamen" or "Issuer") at an issue price of Rs. 34 per equity share (including a share premium of Rs. 24 per equity share) for cash, aggregating up to Rs. 10.54 crores ("Public Issue") out of which 1,72,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 34 per equity share for cash, aggregating Rs. 0.58 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of upto 29,28,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 34 per equity share for cash, aggregating up to Rs. 9.96 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 26.49 % and 25.02 % respectively of the post-issue paid-up equity share capital of the company.

Issue

Opens On

Closes On

21-Jun-2024

25-Jun-2024

Money Payable On

Application

Allotment

34.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

9.64

10.54

11.70

34.00

GYR Capital Advisors Pvt Ltd

Projects

Funding of expenses proposed to be incurred towards products registration in the international markets

Plant updation and increase in production capacity

Funding working capital requirements of the company

General corporate purposes

Promoted By

Bal Kishan Gupta

Ashutosh Gupta

Listing At

NSE - SME

Registrar to the Issue

KFin Techologies Ltd