Adeshwar Meditex Limited

Adeshwar Meditex IPO Review

Adeshwar Meditex is occupied with the assembling of careful dressings and outer arrangements results of Wound consideration and Wound administration including clean careful injury dressing, tulle dressing, clinical expendable, glue wraps, permeable cloth, mortar, sanitizers, clinical units and so on 

Adeshwar Meditex began as an exclusive worry in 1997 which was accordingly changed over into the organization. The organization is an ISO 13485:2016 confirmed organization and has an assembling office at Deewan Industrial Estate, Palghar District. Its assembling office likewise has refined offices for quality testing, research and advancement, stockpiling and bundling while an in-house R&D office deals with on location measure improvement.

Subscription Dates15 – 18 June 2021
Price BandINR25 per share
Fresh issue39,00,000 shares (INR9.75 crore)
Offer For SaleNil
Total IPO size39,00,000 shares (INR9.75 crore)
Minimum bid (lot size)6,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME platform
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FY2018

FY2019

FY2020

9M FY2021

Revenue

58.70

54.74

56.39

52.09

Expenses

55.11

51.62

53.58

50.16

Net income

2.56

2.25

2.01

1.39

Net margin (%)

4.4

4.1

3.6

2.7

Earnings Per Share (EPS): INR2
Price/Earnings (PE ratio): 12.50
Return on Net Worth (RONW): 10.71%
Net Asset Value (NAV): INR35.73 per share

Listing Performance of Adeshwar Meditex IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Adeshwar Meditex Limited

Jun 28, 2021

25

25.15

0.6%

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NSE : NA

BSE : 543309

ISIN CODE : INE0H8J01015

BSE India – Click Here
Kfintech – Click Here
Link InTime – Click Here

IPO Opening Date: 15 June 2021
IPO Closing Date: 18 June 2021
Finalisation of Basis of Allotment: 23 June 2021
Initiation of refunds: 
24 June 2021
Transfer of shares to demat accounts: 
25 June 2021
Listing Date
: 28 June 2021
Opening Price on BSE SME: INR25.25 per share (up 1% from IPO price)  
Closing Price on BSE SME: INR25.15 per share (up 0.6% from IPO price)

Adeshwar Meditex Limited
605, 6th floor, Plot-99, Niranjan Building, Bhagwan Todi Bal Udyan Marg,
Marine Lines Railway Station,
Marine Drive, Mumbai – 400002
Phone: +91 022-22674137
Email: info@adeshwarmeditex.com
Website: www.adeshwarmeditex.com

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis Makwana Road Marol,
Andheri (East), Mumbai – 400059
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

Day

Subscription (no. of times)

Day 1

0.95

Day 2

1.14

Day 3

1.33

Day 4

1.75

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Adeshwar Meditex IPO FAQ's

The Adeshwar Meditex IPO is a SME IPO of ₹25 per equity share with a face value of ₹10 per equity share. 

The issue size is priced at 3,900,000 equity shares of ₹10 (aggregating up to ₹9.75 Crore).

The initial public offering (IPO) begins on June 15, 2021 and ends on June 18, 2021.

The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.

The Adeshwar Meditex IPO opens on June 15, 2021 and closes on June 18, 2021. The IPO Issue date may list on June 28, 2021.

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

The finalization of Basis of Allotment for Adeshwar Meditex IPO will be done on June 23, 2021, and the allotted shares will be credited to your demat account by June 25, 2021. Check the Adeshwar Meditex IPO status.

The Adeshwar Meditex IPO listing date is on June 28, 2021.

Adeshwar Meditex IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

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Adeshwar Meditex IPO Comments