The KMS Medisurgi IPO has a fixed price of Rs 2.70 crore. The KMS Medisurgi IPO bidding began on April 12, 2017 and concluded on April 17, 2017. On April 24, 2017, the shares were listed on the BSE SME. The IPO price for KMS Medisurgi is $30 per share. A lot size of 4000 shares is required for an application. Retail investors must make a minimum investment of $120,000 to participate.
KMS Medisurgi Ltd., founded in 1999, produces and sells surgical tapes and other surgical equipment in India. They provide absorbable gelatin surgical sponges, surgipore tapes, ESWL-VI shock wave hand cushions, post-op medicinal dressings, dressing silicon gel, micrporus surgical foam tapes, fleece textiles, and double-sided sticky tapes. Surgical disposables, hemostats, medical devices, and urology, surgery, orthopedic/physiotherapy, blood banking, biotechnology, research, oncology, radiology, diagnostics, ICU and
rehabilitation, cardiology, critical care, laboratory, scientific, and surgical equipment are also available from the company. They create high-grade surgical adhesive tapes for the healthcare business in India in technological partnership with Liba Tape Co., Japan. KMS Group also has a presence in the stock broking and commodities sectors, with its flagship company being KMS Stock Broking Company Pvt Ltd.
KMS Medisurgi IPO Details
| IPO Date | April 12, 2017 to April 17, 2017 |
| Listing Date | April 24, 2017 |
| Face Value | ₹10 per share |
| Price | ₹30 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 900,000 shares (aggregating up to ₹2.70 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
KMS Medisurgi IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹120,000 |
| Retail (Max) | 1 | 4000 | ₹120,000 |
Objects of the Issue (KMS Medisurgi IPO Objectives)
The objects of the issue are:
- To part-finance incremental working capital requirements;
- To meet the expenses of the issue.
KMS Medisurgi IPO Listing Details
| Listing Date | April 24, 2017 |
| BSE Script Code | 540468 |
| NSE Symbol | |
| ISIN | INE870V01014 |
| Final Issue Price | ₹30 per share |
KMS Medisurgi Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹30.00 |
| Low | ₹30.00 |
| High | ₹32.40 |
| Last Trade | ₹30.50 |
KMS Medisurgi Ltd Contact Details
KMS Medisurgi Ltd
297/301 May Building, Ground Floor,
Marine Lines (East),
Princess Street, Mumbai, 400 002
Phone: +91-22-66107700/66107722
Email: [email protected]
Website: http://www.kmsgroup.in
KMS Medisurgi IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com
KMS Medisurgi IPO FAQs
Q1. What is the KMS Medisurgi IPO?
Ans. KMS Medisurgi IPO is a SME IPO of 900,000 equity shares with a face value of ₹10, aggregating up to ₹2.70 crore. The issue is priced at ₹30 per share. The minimum order quantity is 4000 shares. The IPO opens on April 12, 2017, and closes on April 17, 2017.
Q2. When will KMS Medisurgi IPO open?
Ans. The KMS Medisurgi IPO opens on April 12, 2017 and closes on April 17, 2017.
Q3. What is the lot size of the KMS Medisurgi IPO?
Ans. KMS Medisurgi IPO lot size is 4000 shares, and the minimum amount required is ₹120,000.
Q4. When is the KMS Medisurgi IPO listing date?
Ans. The KMS Medisurgi IPO listing date is on April 24, 2017.
