Bookbuilding IPO | ₹65 Cr | Listed at BSE | Mon, Jun 20, 2011 - Thu, Jun 23, 2011
Birla Pacific Medspa IPO is a book build issue of ₹65.18 crores. The issue is entirely a fresh issue of 6.52 crore shares of ₹65.18 crore.
Birla Pacific Medspa IPO bidding started from Jun 20, 2011 and ended on Jun 23, 2011. The shares got listed on BSE on Jul 7, 2011.
Birla Pacific Medspa IPO price band is set at ₹10 per share. The lot size for an application is 500. The minimum amount of investment required by an retail is ₹5,500 (500 shares) (based on upper price). The lot size investment for sNII is 41 lots (20,500 shares), amounting to ₹2,05,000, and for bNII, it is 201 lots (1,00,500 shares), amounting to ₹10,05,000.
Arihant Capital Markets Ltd. is the book running lead manager and Adroit Corporate Services Pvt.Ltd. is the registrar of the issue.
Refer to Birla Pacific Medspa IPO RHP for detailed Information.
IPO Open
Mon, Jun 20, 2011
IPO Close
Thu, Jun 23, 2011
Issue Price
₹10 per share
Market Cap (Pre-IPO)
₹112.14 Cr
| IPO Date | 20 to 23 Jun, 2011 |
| Listed on | Thu, Jul 7, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹10 to ₹11 |
| Issue Price | ₹10 per share |
| Lot Size | 500 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE |
| Total Issue Size | 6,51,76,366 shares (agg. up to ₹65 Cr) |
| Fresh Issue | 6,51,76,366 shares (agg. up to ₹65 Cr) |
| Share Holding Pre Issue | 4,69,66,218 shares |
| Share Holding Post Issue | 11,21,41,218 shares |
| BSE Script Code | 533469 |
| ISIN | INE341L01017 |
Birla Pacific Medspa IPO comprises a total issue size of 6,51,75,000 shares. Out of which, 3,25,87,500 (50.00%) are allocated to QIB, 97,76,250 (15.00%) allocated to NII 2,28,11,250 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 3,25,87,500 | 50.00% | NA |
| NII (HNI) Shares Offered | 97,76,250 | 15.00% | NA |
| Retail Shares Offered | 2,28,11,250 | 35.00% | 45,622 |
| Total Shares Offered | 6,51,75,000 | 100.00% |
Investors can bid for a minimum of 500 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 500 | ₹5,000 |
| Retail (Max) | 40 | 20,000 | ₹2,00,000 |
| S-HNI (Min) | 41 | 20,500 | ₹2,05,000 |
| S-HNI (Max) | 200 | 1,00,000 | ₹10,00,000 |
| B-HNI (Min) | 201 | 1,00,500 | ₹10,05,000 |
Incorporated in 2008, Birla Pacific Medspa Limited is an India based healthcare provider. Birla Pacific Medspa is a joint venture of Yash Birla Group, a Rs 30 billion group of over 20 diversified companies and Pacific Healthcare, East Asia’s leading healthcare provider, with healthcare facilities in Singapore, Hong Kong, and China.
Birla Pacific Medspa provides beauty related medical procedures in India. Using state-of-the-art equipments, the internationally qualified panel of doctors provides patient centric solutions and offers the latest and safest treatments.
Company operates it healthcare centers under the brand name EVOLVE. Company operates 3 healthcare centers in Mumbai and has 2 franchises in Thane and Chennai. Company's expertise includes Cosmetic Dermatology, Cosmetic & Plastic Surgery, General & Specialist Dentistry and Maxillo Facial Prosthesis. It has introduced i-lipo, a non-surgical inch loss treatment, for the first time in India.
| 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 | Capital Expenditure for Setting up 55 centers across the country | 49.50 |
| 2 | Working Capital Requirements | 0.70 |
| 3 | Brand Promotion | 6.00 |
| 4 | Issue Expenses | 6.50 |
| 5 | Contingencies | 1.24 |
| 6 | Preliminary & preoperative expenses | 1.24 |
The Birla Pacific Medspa IPO is subscribed 1.18 times on June 23, 2011 5:00:00 PM (Day 4). The public issue subscribed 1.82 times in the retail category, 1.04 times in the QIB category, and 0.17 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 1.04 | 3,25,87,500 | |
| NII | 0.17 | 97,76,250 | |
| Retail | 1.82 | 2,28,11,250 | |
| Total | 1.18 | 6,51,75,000 |
BWR (Brickworks Ratings India Pvt Ltd) has assigned an IPO Grade 2 to Birla Pacific Medspa IPO. This means as per BWR, company has 'Below Average Fundamentals'. BWR assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Birla Pacific Medspa IPO Grading Report
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees to BRLM, Underwriting Commission, Brokerage and other selling expenses | 2.25 |
| 2 | Advertisement & Marketing Expenses | 1.50 |
| 3 | Printing, stationery & dispatch | 1.25 |
| 4 | Miscellaneous Expenses including fees payable to SEBI, Stock Exchanges, Registrars, Grading agency, etc. | 1.50 |
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹10.10 |
| Low | ₹10.10 |
| High | ₹30.70 |
| Last Trade | ₹25.35 |
Adroit Corporate Services Pvt.Ltd.
Lead Manager Reports
Birla Pacific Medspa IPO is a main-board IPO of 6,51,76,366 equity shares of the face value of ₹10 aggregating up to ₹65 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 500.
The IPO opens on Mon, Jun 20, 2011, and closes on Thu, Jun 23, 2011.
Adroit Corporate Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Birla Pacific Medspa IPO using UPI as a payment gateway. Zerodha customers can apply in Birla Pacific Medspa IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Birla Pacific Medspa IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Birla Pacific Medspa IPO opens on Mon, Jun 20, 2011 and closes on Thu, Jun 23, 2011.
Birla Pacific Medspa IPO lot size is 500, and the minimum amount required for application is ₹5,000.
You can apply in Birla Pacific Medspa 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 Birla Pacific Medspa IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Birla Pacific Medspa IPO allotment status.
The Birla Pacific Medspa IPO listing date is on Thu, Jul 7, 2011.
