Adeshwar Meditex Limited IPO Details

Adeshwar Meditex IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

About Adeshwar Meditex

Adeshwar Meditex Limited is an Indian company, engaged in the manufacturing of surgical dressings and external preparations products of Wound care & Wound management including sterile surgical wound dressing, tulle dressing, medical disposable, adhesive bandages, absorbent gauze, plaster, disinfectants, medical kits etc.

The Company is an ISO 13485:2016 certified Company. The company has manufacturing facility situated at Deewan Industrial Estate, Palghar District.

Important Details – Adeshwar Meditex

DateDetails
April 02, 2007Incorporated as “Adeshwar Meditex Private Limited”
Feb 16, 2021The Company was changed to public limited company and the name of the Company was changed to “Adeshwar Meditex Limited”

Adeshwar Meditex IPO Price – Details

DescriptionDetails
Public IssuePublic issue 39,00,000 Equity Shares of ₹10 (aggregating up to ₹975.00 Lakhs)
Issue Open  Date15-Jun-21
Issue Close Date18-Jun-21
Issue TypeFixed Price
IPO Price Band₹ 25 per equity share
Face Value ₹ 10
Market Lot 6000 Equity Shares and in multiples thereof
Minimum Order Quantity 6000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolADESHWAR
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Adeshwar Meditex IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum160001,50,000
Maximum160001,50,000

Objects of the Issue

The Company proposes to utilize the Net Proceeds from Issue towards funding the following objects (collectively, referred to herein as the “Objects”):

  1. Part Repayment of Loans
  2. Funding Working capital requirements
  3. General Corporate Purpose

Adeshwar Meditex IPO Lead Managers

  • Aryaman Financial Services Ltd

Adeshwar Meditex Registrar

  • BigShare Services Pvt Ltd

Adeshwar Meditex IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on15-Jun-21
Bid / Offer Closes on18-Jun-21
Finalisation of Basis of Allotment18-Jun-21
Initiation of refunds 24-Jun-21
Credit of the Equity Shares25-Jun-21
Commencement of trading – Listing28-Jun-21

Adeshwar Meditex IPO DRHP & RHP

Adeshwar Meditex IPO – FAQS

When Adeshwar Meditex IPO will open ?

The Adeshwar Meditex IPO opens on Jun 15, 2021 and closes on Jun 18, 2021

What is the lot size of Adeshwar Meditex IPO ?

Adeshwar Meditex IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

What is the price band for Adeshwar Meditex IPO ?

The Adeshwar Meditex IPO price band at Rs.25 per share

Who is the Registrar for Adeshwar Meditex IPO ?

The Registrar is BigShare Services Pvt Ltd

How to apply in Adeshwar Meditex IPO through UPI?

Check the step by step process here – Click here

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