Medplus IPO GMP Today, Live IPO Grey Market Premium 2021

Medplus IPO GMP is very attractive to date. Here in the below tables, you can check Medplus IPO GMP, Kostak, and Subject rates. Grey Market premium for Medplus is around ₹200.

The Medplus IPO will hit the market soon, and you can apply for the IPO from 13th December to 15th December 2021. Medplus is planning to raise ₹1,398.30 Crores through an IPO which consists of a fresh issue of ₹600 Crores worth equity and OFS (Offer For Sale) of ₹798.30 Crores by existing shareholders.

Latest Medplus IPO GMP- 

Medplus IPO GMP table is updated every day to give you the exact grey market premium for Medplus IPO.

DateIPO GMPKostak Rates Subject to Sauda
22/12/2021 ₹160 ₹600 ₹7500
21/12/2021 ₹180 ₹600 ₹7500
20/12/2021 ₹190 ₹600 ₹7500
19/12/2021 ₹200 ₹600 ₹7500
18/12/2021 ₹220 ₹600 ₹7500
17/12/2021 ₹220 ₹600 ₹7500
16/12/2021 ₹220 ₹600 ₹7500
15/12/2021 ₹250 ₹600 ₹7500
14/12/2021 ₹250 ₹600 ₹7500
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Click on the links below to check the DAILY MOVEMENT of GMP for trending IPOs:-

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Should you subscribe to Medplus IPO?

We have researched and mentioned the strengths and risks of the Medplus IPO. The final verdict will help you make the right decision.

Strength – 

  • 2nd Largest pharmacy retail company in India. 
  • They have a network of 2100+ stores in Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Maharashtra, etc.
  • Strong Brand Presence.
  • Excellent financial track record.

Risks –

  • Their company promoters, subsidiaries are involved in legal procedures. Any negative news can affect the stock prices of a company. 

Honest Reviews – 

Medplus is a well-known pharmacy retailer in India. Continuous increase in financials and strong brand name pharma market gives confidence to investors over it. We would suggest applying for a Medplus IPO.

Investors can invest for the listing gains in the Medplus IPO. It’s early to predict but the Medplus IPO can give great listing gains. You can keep a track of Medplus IPO GMP here.

Medplus IPO Dates & Price Band:

Open date13th December 2021
Close date15th December 2021
Total Size of IPO1,398.30 Cr.
Fresh Issue ₹600 Cr.
Offer for Sale798.30 Cr.
Price Band₹780- 796
Face Value₹2 per share
Listing onNSE and BSE
Retail Investor’s Portion35%
Discount for Employee₹78

Medplus IPO Market Lot:

The minimum market lot of Medplus IPO is 18 shares with 14,328 applications. Retail investors can apply for 13 lots with 234 shares application worth ₹1,86,264.

ApplicationLotSharesCut Off Amount
Minimum (RII)11814,328
Maximum (NII)132341,86,264

Medplus IPO Allotment & Listing Dates:

Medplus IPO’s open date is 13th December and the closing date is 15th December. Allotment of shares will be done on 20th December and the listing date on NSE & BSE is 23th December 2021.

Allotment Date for Medplus – 20th December 2021
Refund Date for Medplus – 21st December 2021
Credit of Shares to Demat Account – 22nd December 2021
Listing Date for Medplus – 23rd December 2021

Medplus IPO GMP FAQs:

What is the Medplus IPO GMP today?

Medplus IPO GMP is 160 as of today.

What is the last date to apply for Medplus IPO?

15th December 2021 is the last date to apply for Medplus IPO.

What is Kostak Rates of Medplus IPO today?

Medplus IPO Kostak Rates is ₹600 as of today.

Will Medplus IPO GMP increase?

It’s too early to say that but we can expect a good premium on Medplus IPO.

Can Medplus give listing gains?

Investors can invest for the listing gains in the Medplus IPO. It’s early to predict but Medplus IPO can give great listing gains. You can keep a track of Medplus IPO GMP here.

What is Medplus IPO expected returns?

Seeing the current grey market premium for Medplus IPO, expected returns are up to 50%.

How to Apply the Medplus IPO through Upstox?

Open UPSTOX ACCOUNT. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Medplus Finance”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate.

Disclaimer for Investors:

  • We on do not buy or sell any kind of IPO forms.  
  • Do not subscribe to IPO just by seeing its GMP. You should do proper research about the fundamentals of a company.
  • IPO GMP changes every day and you can view the changes in the above table.
  • Always apply to an IPO after understanding financials and discussing with your financial advisor.
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