Medico Remedies Ltd IPO

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Public issue of 10,99,200 equity shares of Rs. 10/- each (equity shares) of Medico Remedies Limited (MRL or the company) for cash at a price of Rs. 100 per share (the issue price), aggregating to Rs. 10.99 crores (the issue) consisting of fresh issue of 9,49,200 equity shares aggregating to Rs. 9.49 crores and an offer for sale of 1,50,000 equity shares by the selling shareholders aggregating to Rs. 1.50 crores (offer for sale), of which 57,600 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 10,41,600 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.49% and 25.10% respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 and the issue price is 10 times of the face value.

Medico Remedies Ltd IPO Subscription Details


Medico Remedies Ltd

Issue Type

Fixed Price - SME

Open Date

29 Jan

Close Date

31 Jan

Offer Price


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  • Approve the block request

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Contact Details of Medico Remedies Ltd IPO

Company Contact Information

Medico Remedies Ltd IPO
1105/1106 11-Flr Hubtown Solar,
N S Phadke Marg Andheri East,
Mumbai, Maharashtra 400069.

Email: info@medicoremedies.com

Medico Remedies Ltd IPO Register

Cameo Corporate Services Ltd

Medico Remedies Ltd IPO Lead Manager(s)

  • Aryaman Financial Services Ltd

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