Medicamen Organics IPO — Listing Performance
Medicamen Organics IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 21 Jun 2024 |
| Listing date | 28 Jun 2024 |
| Issue price | ₹34 |
| Listing-day close | ₹144.70 (325.59%) |
| Recent market price | ₹23.95 (-29.56% vs issue) |
| Identifiers | NSE: MEDIORG · ISIN: INE0PE401018 |
How the listing went
Medicamen Organics delivered a blockbuster debut, closing its first session 325.59% above the issue price.
Medicamen Organics against every other debut on record
- Rank in 2024: 3 of 262 NSE debuts, on a 325.59% first-day close.
- 99th percentile of 176 SME debuts in 2024 (median 41.27%).
- 1st of 14 debuts in June 2024.
- Opened 305.44% above issue, then added 20.15 points to the close.
- Day-one range ₹130.95 to ₹144.70: a 40.44% swing on the issue price.
- Last close ₹23.95 (11 Sep 2026): 29.56% below issue, against 325.59% on day one.
- Priced at the top of the ₹32 to ₹34 band.
- Listed 3 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources