MedPlus Health IPO Allotment Status, Subscription Status

Medplus Health IPO Allotment Status: The Initial Public Offering (IPO) for Medplus Health Services is ready to release the IPO Allotment Status. Medplus Health Services is India’s Second Largest Pharmacy Retailer. The company was established in the year 2006. The share allotment status of Medplus Health is likely to be finalized on December 20, 2021. The company offers a wide range of Pharmaceutical and Wellness products vitamins, medicines, medical devices, baby care products, detergents, and other products. Once the allotment status is declared, bidders will be able to check their allotment status online by logging in to the BSE website bseindia.com/investors/appli_check.aspx or KFin Technologies https://ris.kfintech.com/ipostatus/ipos.aspx).

MedPlus Health IPO Allotment Status

Hyderabad-based pharmacy retail chain Medplus Health Services Initial Public Offering (IPO) of Medplus Health was subscribed 52.6 with a great demand of qualified investors 111.90 times. The initiation of refunds or unblocking of funds from ASBA will take place on 21 December 2021. Medplus Health IPO received a strong response from its investors. The Eq. Shares of Medplus Health Services will make their stock debut on December 23. The  Retail Individual Investors (RIIs) were subscribed 5.23 times, Non-Institutional Investors ( NII) were subscribed 85.33 times, and  Qualified Institutional Buyers (QIBs) received bids for 111.89 times. For more details read the article below.

OrganizationMedPlus Health Services
IPO Issue Dates13 December 2021
Last date of Subscription15 December 2021
Share Allotment Date20 December 2021
Listing Date22 December 2021
Article CategoryNews

Medplus Health IPO Allotment Application Status

Medplus Health IPO received the bid for 66,13,67,268 shares against the total issue size of 1,25,75,154 shares. With the help of required credentials, the eligible candidates can check their application status online by and logging in at the official BSE website or at the website of the KFin Technologies Private Limited of the IPO. A huge number of candidates had applied for the application process. But, those candidates who will satisfy the company’s requirements can get the allotment of share. The company had a fresh issue of Rs 600 crores and an offer for sale (OFS) of up to 798.29 crores by selling shareholders. The company has 48 stores in Hyderabad. At present, Medplus Helth Services operates a retail network of over 2,000 stores across Tamil Nadu, Maharashtra, Karnataka, West Bengal, Odisha as of March 2021.

Price Band Rs 780-796 per share
Fresh IssueRs 600 crore
Offer for Sale (OFS)798.29 crores
Public Issue1,398.30 crores
Face ValueRs 2 per share
Issue Size1,25,75,154 shares

MedPlus Health Services IPO GMP, Subscription Status

As per the Media Reports, MedPlus Health Services were quoting at a premium of Rs 185 over the IPO of Rs 796. It is expected that moderate listing will take place over 15 percent to the issue price. Investors are looking forward to sharing the allotment date of the Medplus Health IPO. The Medplus Health Services was trading at Rs. 220 in the Grey Market Premium (GMP) on Dec 20. The IPO allotment process for Medplus Health is likely to begin on December 20, 2021. So, eligible investors are advised to keep an eye on this page for the latest bulletins. Investors are suggested that the company will soon release the allotment date of share. So, kindly stay connected with us to stay updated about Medplus Health IPO Allotment Status and read this page carefully. Also, check the links as well as the How to Check the Medplus Health Allotment Status given below.

Medplus Health IPO Share Allotment Status Check Online On BSE?

  • Go to the website direct link: bseindia.com/investors/appli_check.aspx.
  • Login you account.
  • Selection the Medplus Health IPO.
  • Now, Enter the Application Number and PAN Number.
  • Click on ‘I am not a robot’ button.
  • Submit details and view Medplus Health Allotment Status.
  • Check the account details.

Medplus IPO Allotment Check at KFintech?

  • Visit the website: kprism.kfintech.com/ipostatus/
  • Go to the drop down menu and Select Name.
  • Select the Medplus Health IPO.
  • Enter the PAN details.
  • Then, click on the Search button.
  • Check Medplus Health IPO allotment status.
Official Websitewww.medplusindia.com
Also Checknscsindia.org

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