247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Medico Remedies Limited IPO (Medico Remedies IPO) Details

Medico Remedies Limited is an Pharmaceutical based company, located in Mumbai, Medico Remedies Limited IPO size was 10.99 Cr. and was issued at 100.00 per share. The share of Medico Remedies Limited were listed at 97.15 per share and are currently trading at 67.46 per share.

Type :
Sub Sector : Manufacturing And Selling Of Pharmaceutical Formulation Products In India.
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
59.52 Cr.

PAT :
0.80 Cr.

Pricing Report

Issue Price :
100.00

Listing Price :
97.15

Current Market Price :
67.46

Issue Price vs CMP :
32.54 (32.54%)

listing Price vs CMP :
29.69 (30.56%)

Performance Report (CAGR* wise)

CAGR : -5.5
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Medico Remedies

Company Information
Medico Remedies Limited, is a pharmaceutical formulation manufacturing company with manufacturing
and marketing capabilities in formulation with focus on anti-infective, Beta-Lactums, cephalosporins, antimalarial,
antiretroviral, anti-ulcer drugs and antacids, vitamins, haematinics and other supplements. Further in addition to the above,
their Company also has manufacturing and marketing capabilities in other drugs such as NSAIDS, antihistaminic, antidiabetics, cardio vascular drugs, diuretics, anti-epileptics, combination drug kits, syrups and cream & gel for various
therapeutic segments.
Their Company began its operations in the year 1994 with manufacturing and servicing of diuretics, anti-malarials, NSAIDS
tablets, anti-reterovirals, anti-ulcer drugs and anti-acids tablets. Over the years they have expanded their scale and scope of
operations and currently their Company is engaged in manufacture of formulations for various medicines. As part of this
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Object of Issue
  • Repayment of loans
  • Funding expenditure for general corporate purposes

Medico Remedies SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Feb, 2018
IPO Size :
10.99 Cr.
IPO Subscription :
1.84 X     
PE Multiple :
52.00
IPO Registrar:
Cameo Corporate Services Limited
Anchor Investors:

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FAQs

Medico Remedies operates in Pharmaceutical and Manufacturing And Selling Of Pharmaceutical Formulation Products In India.. The Issue is listed on BSE SME in Feb, 2018. Medico Remedies IPO size was 10.99 Cr. with Issue price of 100.00 .

Medico Remedies IPO subscription was 1.84 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Medico Remedies IPO listed at a listing price of 97.15 against the offer price of 100.00.

The current market price of Medico Remedies is 67.46.

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