Medicamen Organics Limited

Company Profile
Company Name Medicamen Organics Limited
Open Date 21-06-2024
Close Date 25-06-2024
Exchange NSE SME
Lot Size 4000 Shares
Issue Price ₹32 to ₹34 per share
Issue Size 31,00,000 shares
Application Amount ₹ 1,36,000
Recommendation Avoid
Incorporated in 1995, Medicamen Organics Limited has its registered office in New Delhi, India. It is engaged in developing, manufacturing and distribution of a broad range of pharmaceutical dosages. The company’s products are marketed across India as well as African, CIS and southeast Asian Countries like Congo, Benin, Cameg, Togo, Senegal, and etc. The company operates through two different business model such as Contract Manufacturing, and Government Contract. As of March 31, 2024, the company has over 112 employees on its payroll.
(Read more on the review)

Financial Summary in Lakhs

KPI’s 2022 2023 2024
Revenue 2,118.67 2,296.24 2,528.96
EBITDA 119.70 186.84 473.77
Net Profit 10.14 96.93 240.41
RoCE 5.17% 10.82% 24.02%
ROE 1.27% 10.79% 15.83%
P/E 200.00 20.99 10.69

Tentative Timeline

Opening Date 21-06-2024
Closing Date 25-06-2024
Basis of Allotment 26-06-2024
Initiation of Refunds 27-06-2024
Credit of Shares to Demat 27-06-2024
Listing Date 28-06-2024

Objects of the Issue

Funding of expenses proposed to be incurred towards product registration in the international markets
Plant updation and increase in product capacity.
Funding working capital requirements of the company.
General corporate purposes.

Contact Information

Registered Office Medicamen Organics Limited 10 Community Centre, No 2 Ashok Vihar Phase II, New Delhi, Delhi, 110052
Phone +91-9818222845

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000

IPO Reservation

Anchor Investor Shares Offered 876,000 (28.26%)
Market Maker Shares Offered 172,000 (5.55%)
QIB Shares Offered 584,000 (18.84%)
NII (HNI) Shares Offered 440,000 (14.19%)
Retail Shares Offered 1,028,000 (33.16%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 81.21%
Share Holding Post Issue (Promoters) 59.69%

Contact Us to Enable Your Success!