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Achyut Healthcare IPO is a fixed price issue of ₹3.60 crores. The issue is entirely a fresh issue of 0.18 crore shares of ₹3.60 crore.
Achyut Healthcare IPO bidding started from Mar 17, 2022 and ended on Mar 22, 2022. The allotment for Achyut Healthcare IPO was finalized on Mar 25, 2022. The shares got listed on BSE SME on Mar 30, 2022.
Achyut Healthcare IPO price is ₹20.00 per share . The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (6000 shares). The minimum lot size investment for HNI is 2 lots (12,000 shares), amounting to ₹2,40,000.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is Giriraj Stock Broking Pvt.Ltd..
Refer to Achyut Healthcare IPO RHP for detailed Information.
| IPO Date | March 17, 2022 to March 22, 2022 |
| Listing Date | March 30, 2022 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹20 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 18,00,000 shares (aggregating up to ₹3.60 Cr) |
| Reserved for Market Maker | 96,000 shares Giriraj Stock Broking Pvt.Ltd. (aggregating up to ₹0.1920 Cr) |
| Net Offered to Public | 17,04,000 shares (aggregating up to ₹3.41 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 49,41,000 shares |
| Share Holding Post Issue | 67,41,000 shares |
achyut-healthcare-ipo offers total 18,00,000 shares. Out of which 8,52,000 (47.33%) allocated to NII, 8,52,000 (47.33%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 96,000 (5.33%) |
| NII (HNI) Shares Offered | 8,52,000 (47.33%) |
| Retail Shares Offered | 8,52,000 (47.33%) |
| Total Shares Offered | 18,00,000 (100.00%) |
Achyut Healthcare IPO opens on March 17, 2022, and closes on March 22, 2022.
| IPO Open Date | Thu, Mar 17, 2022 |
| IPO Close Date | Tue, Mar 22, 2022 |
| Tentative Allotment | Fri, Mar 25, 2022 |
| Initiation of Refunds | Mon, Mar 28, 2022 |
| Credit of Shares to Demat | Tue, Mar 29, 2022 |
| Tentative Listing Date | Wed, Mar 30, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Mar 22, 2022 |
Investors can bid for a minimum of 6,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹1,20,000 |
| Retail (Max) | 1 | 6,000 | ₹1,20,000 |
| HNI (Min) | 2 | 12,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1996, Achyut Healthcare Limited is engaged in the trading of Pharmaceutical Products. The company has business operations in both domestic and international markets in the countries namely UAE, Kenya, and Nigeria. The company is located in Ahmedabad, Gujarat.
The company involves in the trading of Cenzure, Arpimune, Azathioprine IP, Everomimus, Mycophenolate Mofetil USP, Mycophenolate Sodium USP, Sirolimus, Tacrolimus USP, Infrared thermometer, Ascorbic Acid Coated Vitamin C, Calcium carbonate oyster, Cellulose acetate Phthalate, Chlorthalidone IP, Cross Carmalose Sod IP/USP, DI Basic Calcium Phosphate IP, DI Ethyl Phthlate, Diltiazem Hydrochloride IP, Easy Coat Fc Titanium Dioxide, Escitalopram IP, Escitalopram Oxalate, Favipiravir among many other products.
Competitive Strengths:
| Particulars | For the year/period ended (Rs in Lakhs) | ||||
|---|---|---|---|---|---|
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | ||
| Total Assets | 588.68 | 47.13 | 27.26 | 23.73 | |
| Total Revenue | 272.54 | 27.43 | 34.56 | 66.78 | |
| Profit After Tax | 12.63 | 0.74 | 1.40 | (1.46) | |
The market capitalization of Achyut Healthcare IPO is ₹13.48 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 54.05 |
The Company proposes to utilize the funds which are being raised through this Issue towards the following objects:
[Dilip Davda] The company has posted minuscule financial performances till FY21 and has marked bumper top and bottom line for the first half of the current fiscal. Since the company is having third party trading activity, sustainability of such performance going forward is a major concern. Even with this super current earning, its asking price is at a P/E of 54 making it a costly bet. There is no harm in ignoring this pricy offer. Read detail review...
| Listing Date | March 30, 2022 |
| BSE Script Code | 543499 |
| NSE Symbol | |
| ISIN | INE0K1401012 |
| Final Issue Price | ₹20 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹20.00 |
| Open | ₹20.15 |
| Low | ₹20.00 |
| High | ₹21.15 |
| Last Trade | ₹21.15 |
Achyut Healthcare Ltd.
610 Colonade, B/H Iscon Temple,
Opposite Iscon, BRTS Bus Stand,
Iscon – Ambali Road,
Ahmedabad, Gujarat, 380058
Phone: 07948982691
Email: compliance@achyuthealthcare.com
Website: http://achyuthealthcare.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: achyut.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Achyut Healthcare IPO is a SME IPO of 18,00,000 equity shares of the face value of ₹10 aggregating up to ₹3.60 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000.
The IPO opens on March 17, 2022, and closes on March 22, 2022.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Achyut Healthcare IPO using UPI as a payment gateway. Zerodha customers can apply in Achyut Healthcare IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Achyut Healthcare IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Achyut Healthcare IPO opens on March 17, 2022 and closes on March 22, 2022.
Achyut Healthcare IPO lot size is 6000, and the minimum amount required for application is ₹1,20,000.
You can apply in Achyut Healthcare 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 Achyut Healthcare IPO will be done on Friday, March 25, 2022, and the allotted shares will be credited to your demat account by Tuesday, March 29, 2022. Check the Achyut Healthcare IPO allotment status.
The Achyut Healthcare IPO listing date is on Wednesday, March 30, 2022.
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