Medplus Health IPO Opens Today, Here's The All Details

New Delhi: The Initial Public Offering (IPO) of Medplus Health opened on Monday for subscription and can be subscribed till December 15th, 2021.

The company has fixed the price band at Rs 780 to Rs 796 per equity share and it plans to raise around 1,398.30 crore from the issue of which Rs 600 crore will be from fresh issue while Rs 798.30 crore through Offer for Sale (OFS).

Medplus Health IPO GMP

As per the market observers, shares of Medplus Health Services are available at a premium of Rs 280 in the grey market today.

Lot Size

Investors can be able to apply for the IPO in lost and one lot of the IPO comprises 18 shares. One investor can be able to apply for minimum one lot and maximum 13 lots.

Medplus Health IPO subscription status

At 2:02 PM today, the issue witnessed a 43 percent subscription. The issue has been subscribed 81 percent in the retail category and 13 percent in the Non-Institutional Investors category.

Medplus IPO allotment date

The IPO allotment date is 20th December 2021. Initiation of refund may begin on 21st December 2021 and credit of shares in the Demat Account of allottees may take place on 22nd December 2021.

Shares of the company will list on both National Stok Exchange (NSE) and Bombay Stock Exchange (BSE) and the expected date of Medplus Health IPO listing is 23rd December 2021.

The Official registrar of the IPO is KFintech Private Limited.

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