Bookbuilding IPO | ₹117 Cr | Listed at BSE, NSE | Mon, May 9, 2011 - Thu, May 12, 2011
Aanjaneya Lifecare IPO is a book build issue of ₹117.00 crores. The issue is entirely a fresh issue of 0.50 crore shares of ₹117.00 crore.
Aanjaneya Lifecare IPO bidding started from May 9, 2011 and ended on May 12, 2011. The shares got listed on BSE, NSE on May 27, 2011.
Aanjaneya Lifecare IPO price band is set at ₹234 per share. The lot size for an application is 25. The minimum amount of investment required by an retail is ₹6,000 (25 shares) (based on upper price). The lot size investment for sNII is 35 lots (875 shares), amounting to ₹2,04,750, and for bNII, it is 171 lots (4,275 shares), amounting to ₹10,00,350.
Anand Rathi Advisors Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Aanjaneya Lifecare IPO RHP for detailed Information.
IPO Open
Mon, May 9, 2011
IPO Close
Thu, May 12, 2011
Issue Price
₹234 per share
Market Cap (Pre-IPO)
₹294.29 Cr
| IPO Date | 9 to 12 May, 2011 |
| Listed on | Fri, May 27, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹228 to ₹240 |
| Issue Price | ₹234 per share |
| Lot Size | 25 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 50,00,000 shares (agg. up to ₹117 Cr) |
| Fresh Issue | 50,00,000 shares (agg. up to ₹117 Cr) |
| Share Holding Pre Issue | 75,76,667 shares |
| Share Holding Post Issue | 1,25,76,667 shares |
| BSE Script Code / NSE Symbol | 533412 / AANJANEYA |
| ISIN | INE928K01013 |
Aanjaneya Lifecare IPO comprises a total issue size of 50,00,000 shares. Out of which, 25,00,000 (50.00%) are allocated to QIB, 7,50,000 (15.00%) allocated to NII 17,50,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 25,00,000 | 50.00% | NA |
| NII (HNI) Shares Offered | 7,50,000 | 15.00% | NA |
| Retail Shares Offered | 17,50,000 | 35.00% | 70,000 |
| Total Shares Offered | 50,00,000 | 100.00% |
Investors can bid for a minimum of 25 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹5,850 |
| Retail (Max) | 34 | 850 | ₹1,98,900 |
| S-HNI (Min) | 35 | 875 | ₹2,04,750 |
| S-HNI (Max) | 170 | 4,250 | ₹9,94,500 |
| B-HNI (Min) | 171 | 4,275 | ₹10,00,350 |
Incorporated in 2006, Aanjaneya Lifecare Ltd a leading research based integrated pharmaceutical company with established research, manufacturing & marketing capabilities. Company’s product portfolio includes Bulk Drugs, Finished Dosage Forms, Herbal Medicines, Inhalers, Lozenges and Animal Health.
Aanjaneya has a manufacturing facility in Mahad near Mumbai. This facility provides multi-therapeutic product offerings comprising high-end Alkaloids, Quinine Salts, and Veterinary APIs & Cytotoxic API's.
Company also has a Finished Dosages Facility at Perungut Pune. This facility is for manufacturing various types of dosage forms such as Liquid Syrups, oral tablets, lozenges and Gels in several product categories complying with international standards.
Aanjaneya‘s manufacturing facilities are ISO 9001-2000 and WHO GMP certified. As on March 31st 2010 Aanjaneya had 222 employees.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of Anti Cancer API Facility at Mahad, Maharashtra | 26.55 |
| 2 | Setting up of cGMP Block for APIs at Mahad, Maharashtra | 14.80 |
| 3 | Setting up of Intermediate API Block at Mahad, Maharashtra | 8.67 |
| 4 | Expansion of our existing Research and Development centre at Mahad and Pune, Maharashtra | 19.08 |
| 5 | Setting up of a Quality Control and Quality Assurance Block at Mahad, Maharashtra | 14.20 |
| 6 | Setting up of Product Development Laboratory at Mahad, Maharashtra | 1.61 |
| 7 | Setting up of Stores Building at Mahad, Maharashtra | 7.06 |
| 8 | Meeting the Expenses for Branding and Registration of our Products in the International Markets | 10.00 |
| 9 | General Corporate Purposes | 6.61 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 73.25% | 44.13% |
| Market Cap | ₹294.29 Cr. |
The Aanjaneya IPO is subscribed 1.11 times on May 12, 2011 6:30:00 PM (Day 4). The public issue subscribed 1.84 times in the retail category, 0.14 times in the QIB category, and 2.65 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 0.14 | 25,00,000 | |
| NII | 2.65 | 7,50,000 | |
| Retail | 1.84 | 17,50,000 | |
| Total | 1.11 | 50,00,000 |
CRISIL has assigned an IPO Grade 1 to Aanjaneya Lifecare Ltd IPO. This means as per CRISIL, company has 'Poor Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for Aanjaneya Lifecare Ltd.
Fitch has assigned an IPO Grade 2 to Aanjaneya Lifecare Ltd IPO. This means as per Fitch company has 'Below Average Fundamentals'. Fitch assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the Fitch IPO Grading Document for Aanjaneya Lifecare Ltd.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management, Syndicate fees, underwriting and selling commission | 5.65 |
| 2 | Advertisement and marketing expenses | 1.26 |
| 3 | Printing and stationery (including expenses on transportation of the material) | 0.45 |
| 4 | Others (Filing Fees with SEBI, BSE and NSE, Registrar’s fees, legal fees, IPO Grading, listing fees, travelling and other misc. expenses etc.) | 1.07 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹234.00 | ₹234.00 |
| Open | ₹229.45 | ₹218.00 |
| Low | ₹224.00 | ₹218.00 |
| High | ₹324.00 | ₹324.00 |
| Last Trade | ₹311.25 | ₹311.10 |
Lead Manager Reports
Aanjaneya Lifecare IPO is a main-board IPO of 50,00,000 equity shares of the face value of ₹10 aggregating up to ₹117 Crores. The issue is priced at ₹234 per share. The minimum order quantity is 25.
The IPO opens on Mon, May 9, 2011, and closes on Thu, May 12, 2011.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Aanjaneya Lifecare IPO using UPI as a payment gateway. Zerodha customers can apply in Aanjaneya Lifecare IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aanjaneya Lifecare IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Aanjaneya Lifecare IPO opens on Mon, May 9, 2011 and closes on Thu, May 12, 2011.
Aanjaneya Lifecare IPO lot size is 25, and the minimum amount required for application is ₹5,850.
You can apply in Aanjaneya Lifecare IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Aanjaneya Lifecare IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Aanjaneya Lifecare IPO allotment status.
The Aanjaneya Lifecare IPO listing date is on Fri, May 27, 2011.
