Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Thu, Mar 17, 2022 - Tue, Mar 22, 2022
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Mar 17, 2022
IPO Close
Tue, Mar 22, 2022
Issue Price
₹20 per share
Market Cap (Pre-IPO)
₹13.48 Cr
| IPO Date | 17 to 22 Mar, 2022 |
| Listed on | Wed, Mar 30, 2022 |
| Face Value | ₹10 per share |
| Issue Price | ₹20 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 18,00,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 96,000 shares Giriraj Stock Broking Pvt.Ltd. (agg. up to ₹0.1920 Cr) |
| Fresh Issue (Ex Market Maker) | 17,04,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 17,04,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 49,41,000 shares |
| Share Holding Post Issue | 67,41,000 shares |
| BSE Script Code | 543499 |
| ISIN | INE0K1401012 |
Achyut Healthcare IPO comprises a total issue size of 18,00,000 shares. The net offer to the public is 17,04,000 shares, after excluding 96,000 shares allotted on a firm basis. Of the Net offer 8,52,000 (50.00%) allocated to NII 8,52,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 8,52,000 | 50.00% | 47.33% |
| Retail Shares Offered | 8,52,000 | 50.00% | 47.33% |
| Firm Reservations | |||
| Market Maker Shares Offered | 96,000 | 5.33% | |
| Total Shares Offered | 18,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 6,000 shares and in multiples thereof.
| 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 |
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:
| 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 | Funding purchase of machineries and equipment | 2.76 |
| 2 | General Corporate Purpose | 0.59 |
| KPI | |
|---|---|
| RoNW | 3.41% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 0.30 | |
| P/E (x) | 54.05 | |
| Promoter Holding | 90.28% | 66.18% |
| Market Cap | ₹13.48 Cr. |
The achyut-healthcare-ipo is subscribed 4.35 times on March 22, 2022 6:48:00 PM (Day 3). The public issue subscribed 6.75 times in the retail category, [.] times in the QIB category, and 1.95 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.95 | 8,52,000 | 16,62,000 |
| Retail | 6.75 | 8,52,000 | 57,54,000 |
| Total | 4.35 | 17,04,000 | 74,16,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including Merchant Banking fees and Market Making fees, Underwriting fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.18 |
| 2 | Advertising and Marketing Expenses | 0.01 |
| 3 | Fees payable to the to the Regulators including stock exchange(s) | 0.04 |
| 4 | Printing & Stationery, Distribution, Postage, etc. | 0.01 |
| 5 | Brokerage and selling commission | 0.01 |
| 6 | Other Expenses (Banker’s to the Issue, Auditor’s fees etc.) | 0.01 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹20.00 |
| Open | ₹20.15 |
| Low | ₹20.00 |
| High | ₹21.15 |
| Last Trade | ₹21.15 |
Lead Manager Reports
Achyut Healthcare IPO is a SME IPO of 18,00,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000.
The IPO opens on Thu, Mar 17, 2022, and closes on Tue, Mar 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 Thu, Mar 17, 2022 and closes on Tue, Mar 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 Tue, Mar 29, 2022. Check the Achyut Healthcare IPO allotment status.
The Achyut Healthcare IPO listing date is on Wed, Mar 30, 2022.
