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Maitreya Medicare's SME IPO allotment set for November 6

EditorAmbhini Aishwarya
Published 06/11/2023, 07:40 pm
© Reuters.

Maitreya Medicare, a multispeciality hospital based in Surat, Gujarat, is poised to allot shares for its SME Initial Public Offering (IPO) today. The healthcare provider, known for its multi-disciplinary integrated services, closed its IPO process on November 1.

The allotment process will see unsuccessful bidders receiving refunds starting Tuesday. Meanwhile, successful investors can expect the shares to reflect in their demat accounts by Wednesday. Maitreya Medicare's shares are scheduled to be listed on the National Stock Exchange's SME platform on Thursday.

Interested parties can verify the status of their application on the Link Intime website using their PAN details. The move marks a significant step for the healthcare provider as it joins the ranks of publicly traded companies on NSE's SME platform.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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