Medplus Health IPO price band, GMP, Allotment, Listing date and Price

Medplus Health IPO details (13 – 15 Dec), (Price: 780-796)

Medplus Health IPO price band, GMP, Allotment, Listing date and Price
Medplus Health IPO price band, GMP, Allotment, Listing date and Price

Listing date and Listing Price of Medplus Health IPO:

  1. Medplus Health IPO listed on BSE and NSE exchanges on – Click Here
  2. Listing Price of Medplus Health IPO on NSE – Click Here
  3. Listing Price of Medplus Health IPO on BSE – Click Here

Grey Market premium (GMP) price of Medplus Health IPO :

Grey Market premium (GMP) price of Medplus Health IPO is Rs __. Grey Market premium (GMP) of Medplus Health IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. Check latest GMP of all IPOs.

Check the allotment status of Medplus Health IPO on these three links given by Kfintech.

  1. Medplus Health IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
  2. Medplus Health IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
  3. Medplus Health IPO Allotment Link 3 -https://evault.kfintech.com/ipostatus/

Medplus Health IPO Allotment link status on Kfintech can be checked by Application No or DPID/Client ID or PAN and enter ‘Captcha’.

KPRISM, an app by KFin Technologies Pvt Ltd (Registrar of this IPO) can be downloaded from Play Store on mobile or Tab.

  1. Download KPRISM app by KFin Tech.
  2. Select IPO Status (No need to do login or register to check IPO allotment)
  3. Select Medplus Health IPO from the list.
  4. Enter Application Number or DPID Client ID or PAN, then Submit.
  5. The allotment status of Medplus Health IPO, with no. of shares allotted will come.

Medplus Health IPO subscription status details:

QIB (Qualified Institl. Bidders)NIB (Non-institutional Investor)RII (Retail Individual Investor)Employee categoryTotal No. of times applied
No. of shares offered 35,72,550 26,79,414 62,51,965 71,225 1,25,75,154
Day 1 0.06x 0.16x 1.29x 0.76x 0.70x
Day 2 0.09x 0.50x 2.64x 1.73x 1.46x
Day 3 111.90x 85.33x 5.24x 3.05x 52.59x
Medplus Health IPO subscription status live

Medplus Health IPO highlights:

Medplus Health IPO bid Opens on 13 Dec 2021
Medplus Health IPO bid Closes on15 Dec 2021
Post issue Modification Period16-Dec-2021 (10.00 A.M. to 11.00 A.M.)
Cut-off time for UPI Mandate Confirmation16-Dec-2021 (upto 12:00 PM)
Issue type100% Book Building
Medplus Health IPO issue size₹ 1,398.30 Cr
Face value of each equity shareRs. 2
Medplus Health IPO Price bandRs. 780 to Rs.796 per share
Medplus Health IPO market lot18 equity shares and multiples of 18
Medplus Health IPO minimum order quantity18 equity shares
Pre IPO equity share of promoters of Medplus Health43.16 %
Post IPO paid-up equity share of promoters of Medplus Health40.43 %
QIB portion reservation in Medplus Health IPO50 %
NIB portion reservation in Medplus Health IPO15 %
Retail portion reservation in Medplus Health IPO35 %
Retail individual bidder can apply in Medplus Health IPOup to 2 lakh (200,000) – Maximum 13 Lot
Retail individual discount in Medplus Health IPONA
Employees can apply in Medplus Health IPOup to 5 lakh (500,000)
Employees Reservation in Medplus Health IPONA
Employees Discount in Medplus Health IPO₹ 78 per equity share
Listing of Medplus Health at ExchangesNSE, BSE
Fund raised from Anchor Investors in Pre-IPO of Medplus HealthNA
Registrar of Medplus Health IPO issueKfin Technologies Private Limited
Medplus Health IPO highlights

Medplus Health IPO important dates regarding bidding, allotment, listing, refund etc. :

The probable dates regarding bidding, allotment, listing, refund of Medplus Health IPO are mentioned below.

Medplus Health IPO opens on13.12.2021
Medplus Health IPO Closes on15.12.2021
Allotment basis date of Medplus Health IPO20.12.2021
Money refund date of Medplus Health IPO21.12.2021
Shares of Medplus Health in Demat Account22.12.2021
Medplus Health IPO listing date on NSE, BSE23.12.2021
Medplus Health IPO important dates regarding bidding, allotment, listing, refund etc.

How much shares of Medplus Health IPO are being offered?

Type of Issue (Fresh / OFS)No. of Equity shares offeredAmount of Equity shares
Total Issue size₹ 1,398.30 Crore
Fresh Issue size₹ 600 Crore
Offer for Sale (OFS)₹ 798.30 Crore
Employee Reservation
No. of Equity shares offered of Medplus Health IPO

Medplus Health financial statements details:

31.03.202131.03.202031.03.2019
(₹ million)(₹ million)(₹ million)
Total Assets15,656.5813,486.969,587.11
Total Revenue30,908.1428,878.8722,849.40
Profit After Tax631.1117.94119.22
Medplus Health financial statements details

IPO Red Herring Prospectus (RHP) of Medplus Health:

Click here for IPO RHP of Medplus Health on SEBI website.

Objectives of the Medplus Health IPO Issue: (Source – RHP)

The Fresh Issue

Our Company proposes to utilise the Net Proceeds towards funding of the following objects: 1. Investment into our Material Subsidiary, Optival for funding working capital requirements of Optival; and 2. General corporate purposes.

Business of Medplus Health: (Source – RHP)

We are the second largest pharmacy retailer in India, in terms of (i) revenue from operations for the financial year 2021, and (ii) number of stores as of March 31, 2021, according to the Technopak Report. For details, see “Industry Overview — Competitive Benchmarking – Pharmacy Retail Market — Revenue” and “Industry Overview — Competitive Benchmarking – Pharmacy Retail Market — Store Count” on pages 141 and 139, respectively.

We offer a wide range of products, including (i) pharmaceutical and wellness products, including medicines, vitamins, medical devices and test kits, and (ii) fast-moving consumer goods, such as home and personal care products, including toiletries, baby care products, soaps and detergents, and sanitizers. Our Company was founded in 2006 by Gangadi Madhukar Reddy, our Managing Director and Chief Executive Officer, with the vision to set up a trusted pharmacy retail brand that offers genuine medicines and delivers better value to the customer by reducing inefficiencies in the supply chain using technology.

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