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MedPlus IPO Subscription Status {Live Data Day 1}

Written by on December 11, 2021

MedPlus IPO subscription is to start from December 13, 2021, Monday. The company to raise ₹1398 crores via IPO at a price band of ₹780 to ₹796. The retail portion of this IPO is 35%, QIB is 50% and HNI is 15% quota. The IPO subscription will close on December 15, 2021, Wednesday. The minimum bid for the IPO is 18 shares that cost ₹14,328 for 1 lot. The face value is ₹2 per equity share. MedPlus is one of the largest pharmacy retailer. MedPlus is providing genuine and unadulterated medicines. They are one of the largest pharmacy chains in India with operating in 300+ cities, with 1500+ offline stores in India. The company reported ₹3901 crores of revenues in 2021 against ₹2888 crores in 2020. Please check the MedPlus IPO details over here.

IPOWatch View

MedPlus IPO Subscription Status (Live Data Day 1)

Category Day 1 Day 2 Day 3
QIB
NII
RII
Total

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:  ₹186,264 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 Subscription FAQs:

When MedPlus IPO Subscription will start?

The IPO subscription starts on 13 December 2021 for QIB, NII, and Retail Investors.

How much MedPlus IPO subscribed?

The IPO subscribed -x times on day 1.

What is MedPlus IPO Retail subscription status?

The RII subscription is -x on day 1.

How to subscribe MedPlus IPO?

You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.

How do i check live MedPlus IPO Subscription Numbers?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE website. One can check the live subscription on BSE or NSE website on the particular IPO page.



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