:::LALKAR GROUP::::

Medico Remedies Ltd

Registered Office: 1105/1106 11-Flr Hubtown Solar,N S Phadke Marg Andheri East, Mumbai - 400069, Maharashtra, India.
Phone : 91-22-2670 1055/66 Fax:
Email : info@medicoremedies.com
Website : www.medicoremedies.com

Public issue of 10,99,200 equity shares of Rs. 10/- each ("equity shares") of Medico Remedies Limited ("MRL" or the "company") for cash at a price of Rs. 100 per share (the "issue price"), aggregating to Rs. 10.99 crores ("the issue") consisting of fresh issue of 9,49,200 equity shares aggregating to Rs. 9.49 crores and an offer for sale of 1,50,000 equity shares by the selling shareholders aggregating to Rs. 1.50 crores ("offer for sale"), of which 57,600 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 10,41,600 equity shares of Rs. 10/- each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.49% and 25.10% respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 and the issue price is 10 times of the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
29-Jan-18	31-Jan-18	100.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 1200 Further Multiples of : 1200

	(Rs)	Lead Managers to the Issue
Project Cost	9.49	Aryaman Financial Services Ltd
Project Financed through Current Offer	10.99
Post Issue Equity Share Capital	4.15
Issue Price	100.00

Projects

Repayment of loans

Funding expenditure for general corporate purposes

Promoted By

Haresh Mehta

Harshit Mehta

Rita Mehta

Listing At

BSE - SME

Registrar to the Issue

No Data Available