Medico Remedies Ltd - Prospectus Synopsis

Medico Remedies Ltd RHP

Registered Office : 1105/1106 11-Flr Hubtown Solar , N S Phadke Marg Andheri East , Mumbai - 400069 , Maharashtra , India.

Phone :   Fax :

Email : info@medicoremedies.com    Website : www.medicoremediesindia.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
29-Jan-2018 31-Jan-2018 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 4.15  
Issue Price Rs. 100  
Projects
Repayment of loans
Promoted By Listing At Registrar to the Issue
Haresh Mehta
Harshit Mehta
Rita Mehta
BSE - SME Cameo Corporate Services Ltd
 

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