Adeshwar Meditex Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,848,000 (47%) | — | ₹462 Cr |
| Retail | — | 1,848,000 (47%) | — | ₹462 Cr |
| Market Maker | — | 204,000 (5%) | — | ₹5 Cr |
| Σ Total | — | 3,900,000 (100%) | — | ₹9,750 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹150,000 |
| Retail (Max) | 13 | 78,000 | ₹1,950,000 |
| S-HNI (Min) | 14 | 84,000 | ₹2,100,000 |
| B-HNI (Min) | 67 | 402,000 | ₹10,050,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Dec-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 5,209 | 5,639 | 5,474 |
| Profit After Tax | 139 | 201 | 225 |
| Total Assets | 6,560 | 5,481 | 4,387 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To make partly repayment of loans. –
- To finance company's working capital requirements. –
- To meet general corporate purposes. –
Company Overview
Incorporated in 2007, Adeshwar Meditex Limited is engaged in manufacturing surgical dressings and external preparations products i.e. sterile surgical wound dressing, tulle dressing, adhesive bandages, medical disposable, absorbent gauze, disinfectants, plaster, medical kits, etc. The firm caters to both the domestic as well as international markets.
Adeshwar Meditex has a state-of-the-art manufacturing facility in Palghar district. The modernized manufacturing unit is equipped with advanced machinery and sterilization facilities along with an in-house R&D unit.
Competitive Strengths
- Experienced promoters and managers team.
- Large product portfolio.
- Global market presence.
- Strong quality control and service standards.