Medplus Health Services Limited
ListedMainboardHealthcare Services · NSE / BSE
Medplus Health Services, incorporated in 2006, is India’s second-largest pharmacy retailer by store count and revenue, offering pharmaceutical and wellness products, including medicines, vitamins, medical devices, test kits, and FMCG items such as personal care, baby care, and hygiene products. It is the first pharmacy retailer in India to provide an omnichannel platform, allowing customers to purchase via stores, telephone, online, and Click and Pick services. As of June 30, 2021, Medplus operates 2,165 stores across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, and Maharashtra, with a cluster-based expansion strategy targeting high-density residential areas. Its warehouses are strategically located in Bengaluru, Chennai, Hyderabad, Vijayawada, Kolkata, Pune, Bhubaneswar, Mumbai, and Nagpur, supporting efficient distribution and operations.
Price Band
₹780 – ₹796
Issue Size
₹1398 Cr
Lot Size
18 shares
GMP
₹125
+15.7%
Est. Listing
₹921
at current GMP
Subscribed
—
Open
13 Dec 2021
Close
15 Dec 2021
Allotment
20 Dec 2021
Refund
21 Dec 2021
Demat Credit
22 Dec 2021
Listing
23 Dec 2021
Last updated 12 days ago
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 8,783,291 | — | 0.00x |
| Non-Institutional (NII / HNI) | 2,634,987 | — | 0.00x |
| Retail Individual (RII) | 6,148,304 | — | 0.00x |
| Total | 17,566,582 | 0 | 0.00x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 341,572 | 341,572 | 1.00x |
| HNIs (10L +) | 2,185 | 2,185 | 1.00x |
| HNIs (2-10L) | 10,456 | 10,456 | 1.00x |
| Total Applications | 354,213 | 354,213 | 1.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Medplus Health Services Limited Public Issue & Market Profile
Medplus Health Services Limited is bringing an initial public offering (IPO) in the Healthcare Services sector with an aggregate issue size of ₹1,398.3 Crores. The shares are offered at a price band of ₹780 to ₹796 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2021-12-15, the basis of allotment is scheduled to be finalized on 2021-12-20. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Medplus Health Services Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Medplus Health Services Limited IPO is ₹125 per equity share. Based on the upper price band of ₹780 to ₹796 per equity share, the estimated listing price is ₹921 (+15.7% expected listing gain).
What is the expected profit per lot for Medplus Health Services Limited IPO?
With a lot size of 18 shares and current GMP of ₹125, the expected profit per application lot is approx ₹2,250 (+15.7% gain). Minimum application cost is approx ₹14,328.
What is the issue size and price band for Medplus Health Services Limited IPO?
The Medplus Health Services Limited IPO aggregate issue size is ₹1,398.3 Crores with an equity price band set at ₹780 to ₹796 per equity share. The retail lot size is 18 shares requiring a minimum capital outlay of approx. ₹14,328.
How can I check Medplus Health Services Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Medplus Health Services Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2021-12-20. Investors can verify status using PAN card or application number.
When is the listing date for Medplus Health Services Limited IPO?
Medplus Health Services Limited shares are scheduled to list on NSE and BSE on 2021-12-23.