KVSP MedPlus IPO GMP, Grey Market Premium & Kostak Rates Today
Written by Lucky Wilson | KJMM.COM on December 9, 2021
Check out MedPlus IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. MedPlus IPO GMP started and it looks strong. Stay tuned for the latest IPO GMP numbers of MedPlus IPO.
MedPlus IPO to hit the market on 13 December 2021 and will close on 15 December. The company to raise ₹1398 crores via IPO that comprises fresh issue of ₹600 crores and the OFS of ₹798 crores. MedPlus is one of the largest pharmacy retailers in India. They offer medicines and personal care products via online and offline stores. They are 2nd largest pharmacy retailer in India. The company reported revenue of ₹3091 crores in 2021 against the revenues of ₹2888 crores in 2020. The IPO price band is fixed at ₹780 to ₹796 Per Equity Share. The MedPlus IPO to list on NSE and BSE.
What is MedPlus IPO GMP Today?
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The MedPlus IPO GMP aka grey market premium is ₹300.
What is MedPlus IPO Kostak Rates Today?
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The MedPlus IPO kostak rate is ₹400.
What is MedPlus IPO Subject to Sauda Price Today?
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The MedPlus IPO subject to sauda rates is ₹3000.
MedPlus IPO Expected Returns?
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The MedPlus expected return is -%.
| Date |
GMP |
Kostak | Subject to |
| 09 December | ₹300 | ₹400 | ₹3000 |
| 08 December | ₹300 | ₹400 | ₹3000 |
| 07 December | ₹220 | ₹- | ₹- |
| 06 December | ₹- | ₹- | ₹- |
| 05 December | ₹- | ₹- | ₹- |
MedPlus IPO Date & Price Band
| IPO Open: | 13 December 2021 |
| IPO Close: | 15 December 2021 |
| IPO Size: | Approx ₹1398 Crores |
| Fresh Issue: | Approx ₹600 Crores |
| Offer for Sale: | Approx ₹798 Crores |
| Face Value: | ₹2 Per Equity Share |
| Price Band: | ₹780 to ₹796 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
MedPlus IPO Market Lot
The MedPlus IPO minimum market lot is 18 shares with ₹14,328 application amount. The retail investors can apply up-to 13 lots, 234 shares with ₹186,264 application amount.
| Minimum Lot Size: | Minimum 18 Shares for 1 lot |
| Minimum Amount: | ₹14,328 for 1 lot |
| Maximum Lot Size: | Maximum 234 Shares for 13 lot |
| Maximum Amount: | ₹186,24– for 13 lot |
MedPlus IPO Time Table
The MedPlus IPO date is 13 December 2021 and the IPO close date is 15 December 2021. The allotment date is 20 December 2021 and the IPO may list on 23 December 2021.
| Price Band Announcement: | 07 December 2021 |
| Anchor Investors Allotment: | 12 December 2021 |
| IPO Open Date: | 13 December 2021 |
| IPO Close Date: | 15 December 2021 |
| Basis of Allotment: | 20 December 2021 |
| Refunds: | 21 December 2021 |
| Credit to Demat Account: | 22 December 2021 |
| IPO Listing Date: | 23 December 2021 |
MedPlus IPO GMP aka Grey Market Premium FAQs:
MedPlus IPO GMP is ₹300 as of today.
MedPlus IPO Kostak Rate is ₹400 as of today.
MedPlus IPO Subject to Sauda is ₹3000 as of today.
MedPlus IPO Expected Returns is -%.
- IPO Grey Market Premium (MedPlus IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.
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