Amwill Health Care IPO Details

Bookbuilding IPO | ₹60 Cr | Listed at BSE SME | Wed, Feb 5, 2025 - Fri, Feb 7, 2025

Amwill Health Care IPO Logo

Amwill Health Care IPO is a book build issue of ₹59.98 crores. The issue is a combination of fresh issue of 0.44 crore shares aggregating to ₹48.88 crores and offer for sale of 0.10 crore shares aggregating to ₹11.10 crores.

Amwill Health Care IPO bidding started from Feb 5, 2025 and ended on Feb 7, 2025. The allotment for Amwill Health Care IPO was finalized on Feb 10, 2025. The shares got listed on BSE SME on Feb 12, 2025.

Amwill Health Care IPO price band is set at ₹111 per share. The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,33,200 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,66,400.

Unistone Capital Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Globalworth Securities Ltd..

Refer to Amwill Health Care IPO RHP for detailed Information.

IPO Open

Wed, Feb 5, 2025

IPO Close

Fri, Feb 7, 2025

Issue Price

₹111 per share

Market Cap (Pre-IPO)

₹222.04 Cr

IPO Details

IPO Date5 to 7 Feb, 2025
Listed onWed, Feb 12, 2025
Face Value10 per share
Price Band₹105 to ₹111
Issue Price₹111 per share
Lot Size1,200 Shares
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size54,03,600 shares
(agg. up to ₹60 Cr)
Reserved for Market Maker
2,71,200 shares
(agg. up to ₹3 Cr)
Globalworth Securities Ltd.
Fresh Issue
(Ex Market Maker)
41,32,400 shares
(agg. up to ₹46 Cr)
Offer for Sale10,00,000 shares of ₹10
(agg. up to ₹11 Cr)
Net Offered to Public51,32,400 shares
(agg. up to ₹57 Cr)
Share Holding Pre Issue1,56,00,000 shares
Share Holding Post Issue2,00,03,600 shares
BSE Script Code 544353
ISININE0U2L01017

IPO Timetable

Issue Reservation

Amwill Health Care IPO comprises a total issue size of 54,03,600 shares. The net offer to the public is 51,32,400 shares, after excluding 2,71,200 shares allotted on a firm basis. Of the Net offer 10,26,000 (19.99%) are allocated to QIB, 20,53,200 (40.00%) allocated to NII 20,53,200 (40.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 10,26,00019.99%18.99%
NII (HNI) Shares Offered 20,53,20040.00%38.00%
Retail Shares Offered 20,53,20040.00%38.00%
Firm Reservations
Market Maker Shares Offered 2,71,2005.02%
Total Shares Offered 54,03,600100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 1,200 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 1,200 ₹1,33,200
Retail (Max) 1 1,200 ₹1,33,200
HNI (Min) 2 2,400 ₹2,66,400
IPO Subscription Details

About Amwill Health Care Ltd.

Incorporated in August 2017, Amwill Health Care Limited is a derma-cosmetic development firm that collaborates with contract manufacturers, distributors, and third-party product development agencies. This collaboration has enhanced the company's manufacturing, packaging, and distribution capabilities.

The product portfolio of the Company is divided into two categories, namely,

  1. Development of generic dermatological solutions and
  2. Formulating targeted solutions for dermatological issues.

The company markets its products in Karnataka, Andhra Pradesh, and Telangana, focusing on strengthening its presence before entering new markets to build a customer base.

The company develops products for dermatological disorders, including acne, fungal infections, anti-aging, histaminic, periorbital hyperpigmentation, scabies, perspiration, trichology, and vitiligo.

As of September 30, 2024, the company has 84 employees on payroll.

Competitive Strength

  • Extensive product portfolio supported by product formulation capabilities
  • Provision of high-quality product development through tie-ups with contract manufacturers and prototype developers
  • Well-experienced management team with proven project management and implementation skills
  • Asset-light business model.

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets28.8918.9812.396.59
Total Income23.2544.2830.2827.62
Profit After Tax6.5212.543.112.57
NET Worth23.6817.164.601.49
Reserves and Surplus8.0817.114.571.46
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding of working capital requirements of the Company 25.00
2 Marketing and brand building activities 5.00
3 General corporate purposes 14.24

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)8.046.52
P/E (x)13.8117.04
Promoter Holding97%70.65%
Market Cap222.04 Cr.
The Promoters of the Company are namely Anand Gandhi and Tarun Gandhi.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 available in RHP.

IPO Review

[Dilip Davda]
AHL operates on a third party contract manufacturing of dermatological products on a need based formula. It posted higher margins from FY24 onwards following cost-control and tailor made high-margin products. It has emerged as an establish player in the field with user friendly quality products. Based on its recent financial performance, the issue appears fully priced. The company is operating with its asset light model in an emerging segment. Well-informed investors may park funds for the medium to long term.
Read detail review...

Amwill Health Care IPO Recommendations

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Amwill Healthcare IPO Subscription Status (Bidding Detail)

The Amwill Healthcare IPO is subscribed 5.73 times on February 7, 2025 5:04:51 PM (Day 3). The public issue subscribed 4.77 times in the retail category, 7.8 times in the QIB category, and 5.66 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
QIB7.810,26,00080,01,6000
NII*5.6620,53,2001,16,20,8000
Retail4.7720,53,20097,83,6000
Total5.7351,32,4002,94,06,0009,413

Total Application : 9,413

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Offer relating expenses such as fees to Book Running Lead manager Fixed Fee, Registrar to the Issue, Legal Advisors, Auditors, statutory advertisements and other expenses incurred / to be incurred including promotional expenses. 0.57
2 Underwriting commission, brokerage and selling commission, selling and marketing fees (including Commission/ processing fees for SCSBs, Sponsor Bank, Members of the Syndicate, Registered Brokers, RTAs and CDPs) 4.75
3 Listing fees, Stock Exchange processing/ listing fees, software fees, Depositories’ fees, other regulatory expenses and sundry expenses. 0.37

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price111.00
Open88.85
Low84.45
High93.25
Last Trade93.25

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Amwill Health Care Ltd. Address
No. 157, 1st Floor,
2nd Main, r, 2nd Main, 3rd Cross Chamrajpet
Bangalore – 560018
Bangalore Urban, Karnataka
Open an Instant Account with Zerodha

IPO FAQs

Amwill Health Care IPO is a SME IPO of 54,03,600 equity shares of the face value of ₹10 aggregating up to ₹60 Crores. The issue is priced at ₹111 per share. The minimum order quantity is 1200.

The IPO opens on Wed, Feb 5, 2025, and closes on Fri, Feb 7, 2025.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Amwill Health Care IPO using UPI as a payment gateway. Zerodha customers can apply in Amwill Health Care IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Amwill Health Care IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Amwill Health Care IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Amwill Health Care IPO opens on Wed, Feb 5, 2025 and closes on Fri, Feb 7, 2025.

Amwill Health Care IPO lot size is 1200, and the minimum amount required for application is ₹1,33,200.

You can apply in Amwill Health Care 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 Amwill Health Care IPO will be done on Monday, February 10, 2025, and the allotted shares will be credited to your demat account by Tue, Feb 11, 2025. Check the Amwill Health Care IPO allotment status.

The Amwill Health Care IPO listing date is on Wed, Feb 12, 2025.

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