Medplus Health Services Ltd IPO Details, Date, Share Price Range

Author: Libord Brokerage Pvt. Ltd Posted on 09 Dec 2021 11:57:44Comments0

Category : ipo news

Medplus Health Services Ltd IPO Details:

Medplus Health Services Ltd. has announced public offering of 17566520 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 794.00 per share. The gross proceeds of the issue are expected to be Rs 1,39,829.50 lakhs.

The company's initial public offer (IPO) will open on 13 December 2021 and is expected to close on 15 December 2021, subject to customary closing conditions. The price band of the issue has been fixed at Rs 780.00-796.00 per share.

The IPO includes a fresh Issue of 17566520 Equity Shares of the Company at an price of Rs 796.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 18 shares with bids in multiples of 18.

Medplus Health Services Ltd. anticipates using the proceeds of the issue for Funding working capital requirements of our Material Subsidiary, Optival

General corporate purposes.

as lead manager & is the registrar, to the issue.

If the Medplus Health Services Ltd is something that you’re looking to invest in come 13 December 2021, it would be a good idea to start the demat account opening process right away. Contact Libord Broking now to open demat account online within minutes.

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Medplus Health Services Ltd IPO Details, Date, Share Price Range