SME Stock – Adeshwar Meditex IPO Date Share price Size Listing Date, Review, GMP and Details
A pharma sector company Adeshwar Meditex is planning to raise the fund via an initial public offer. IPO is going ahead on June 15, 2021. All the details are available here related to this IPO. It is the biggest manufacturer of surgical dressings and external preparations products of wound care & wound management. The company offers products like surgical wound dressing, tulle dressing, medical disposable, adhesive bandages, absorbent gauze, plaster, disinfectants, medical kits etc.
Adeshwar Meditex IPO Date
DRHP has been file for the IPO to raise funds through this Public Offer. If we talk about the firm. so it was incorporated in the year 2007 Adeshwar Meditex Private Limited but later in 2021, it changed the name to Adeshwar Meditex Limited.
|Public Issue||Public issue 39,00,000 Equity Shares|
|Issue Open Date||15-Jun-21|
|Issue Close Date||18-Jun-21|
|Issue Type||Fixed price|
|IPO price Band||₹ 25 per equity share|
|Face Value||₹ 10|
|Market Lot||6000 Equity Shares and in multiples thereof|
|Minimum Order Quantity||6000 Equity Shares|
|Maximum Subscription Amount for Retail Investor||Rs. 2,00,000|
|IPO Market Timings||10.00 a.m. to 5.00 p.m.|
The IPO will be open from June 15, 2021, and will be closed on June 18, 2021. All the buyers have notified to buy the IPO between this time period.
The issue price is available here and we found it is decided as Rs 25 per equity share. Investors can buy the IPO at this price level. While the face value of a share is Rs 10 each.
Every applicant has to buy a minimum of 6000 shares because the 1 lot includes 6000 shares while the maximum quantity is also the same as the minimum. The maximum subscription amount could be Rs 2,00,000. It is available for retail investors.
|Application||Lots||No of Shares||Amount (Rs)|
The subscription status of this IPO will be available here soon. Right now there is a lack of details regarding subscription status but we will update it later.
Adeshwar Meditex IPO Issue Size
Adeshwar Meditex Limited IPO going to list over two exchanges SME (Small and Medium Enterprises) and BSE (Bombay Stock Exchange). You can trade the share on both platforms. The remaining details will be updated here later this week. So stay connected with us for more information regarding this upcoming 2021 IPO.