Medico Remedies Ltd RHP
Registered Office : 1105/1106 11-Flr Hubtown Solar , N S Phadke Marg Andheri East , Mumbai - 400069 , Maharashtra , India.
Phone : 91-22-2670 1055/66 Fax :
Email :info@medicoremedies.com Website : www.medicoremedies.com
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.
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
1/29/2018 12:00:00 AM | 1/31/2018 12:00:00 AM | Rs 100 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 9.49 | Aryaman Financial Services Ltd |
Project Financed through Current Offer | 10.99 | |
Post Issue Equity Share Capital | 9.49 | |
Issue Price | Rs. 100 |
Projects |
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Repayment of loans |
Promoted By | Listing At | Registrar to the Issue | |||
---|---|---|---|---|---|
| - | Cameo Corporate Services Ltd |
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.