MedPlus Health Services Limited will open on 13 December (Monday). The three-day public issue will close on 15 December (Wednesday). If you are planning to invest in this IPO, here are 10 things that you must know along with the complete timeline of the issue. 

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The issue size of the IPO comprises of fresh issue component up to Rs 600 cr and an offer for sale (OFS) of up to Rs 798.29 cr including anchor portion of 52,51,111 equity shares.

MedPlus Health Services IPO – top 10 things to know

1) Symbol – the company stock will be listed as ‘MEDPLUS’ on the exchanges

2) Issue opens on 13 December and closes on 15 December. The IPO timing are between 10 am and 5 pm. Post issue Modification Period is 16 December between 10 am and 11am.

3) Cut-off time for UPI Mandate Confirmation is 12 pm on 16 December.

4) Issue Type is 100 per cent Book Building

5) Price Range for equity share is Rs 780-Rs 796 with a face value of Rs 2 and ticket size of Rs 1.

6) The Bid Lot size is 18 equity shares and in multiples thereof. The minimum order quantity is one lot or 18 equity shares.

7) Maximum subscription amount for retail investor Rs 2 lakh while for eligible employees it is Rs 5 lakh.

8) Maximum bid quantity for QIB investors 12,503,916 equity shares in multiple of 35 Equity Shares while for NIB Investors 8,931,366 equity shares in multiple of 35 Equity Shares.

9) Book Running Lead Managers (BRLMs) include Axis Capital Limited, Credit Suisse Securities (India) Private Limited, Edelweiss Financial Services Limited and Nomura Financial Advisory and Securities (India) Private Limited while the sponsor bank is Axis Bank Limited.

10) Categories - FI, IC, MF, FII, OTH, CO, IND and NOH and name of the registrar is Link Intime India Private Limited.

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Data Patterns IPO – Full Timeline

Issue opens on 13 December and closes on 15 December

Finalisation on the basis of allotment on 21 December

Initiation of refunds likely on 22 December

Transfer of shares to demat account likely on 23 December

Listing date likely on 23 December 

The above data on timeline has been sourced from Edelweiss. 

(Disclaimer: The views/suggestions/advises expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)