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Deccan Health Care IPO is a book build issue of ₹42.12 crores. The issue is a combination of fresh issue of 0.22 crore shares aggregating to ₹22.12 crores and offer for sale of 0.20 crore shares aggregating to ₹20.00 crores.
Deccan Health Care IPO bidding started from Dec 18, 2018 and ended on Dec 20, 2018. The allotment for Deccan Health Care IPO was finalized on Dec 26, 2018. The shares got listed on BSE SME on Dec 31, 2018.
Deccan Health Care IPO price band is set at ₹100.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,14,000 (1200 shares). The minimum lot size investment for HNI is 2 lots (2,400 shares), amounting to ₹2,40,000.
Pantomath Capital Advisors 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 Pantomath Stock Brokers Pvt.Ltd..
Refer to Deccan Health Care IPO RHP for detailed Information.
| IPO Date | December 18, 2018 to December 20, 2018 |
| Listing Date | December 31, 2018 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹95 to ₹100 per share |
| Issue Price Final | ₹100 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 42,12,000 shares (aggregating up to ₹42.12 Cr) |
| Reserved for Market Maker | 2,11,200 shares Pantomath Stock Brokers Pvt.Ltd. (aggregating up to ₹2.11 Cr) |
| Fresh Issue (Ex Market Maker) | 20,00,800 shares (aggregating up to ₹20.01 Cr) |
| Offer for Sale | 20,00,000 shares of ₹10 (aggregating up to ₹20.00 Cr) |
| Net Offered to Public | 40,00,800 shares (aggregating up to ₹40.01 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,35,01,430 shares |
| Share Holding Post Issue | 1,57,13,430 shares |
Deccan Health Care IPO offers total 42,12,000 shares. Out of which 20,00,400 (47.49%) allocated to NII, 20,00,400 (47.49%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,11,200 (5.01%) |
| NII (HNI) Shares Offered | 20,00,400 (47.49%) |
| Retail Shares Offered | 20,00,400 (47.49%) |
| Total Shares Offered | 42,12,000 (100.00%) |
Deccan Health Care IPO opens on December 18, 2018, and closes on December 20, 2018.
| IPO Open Date | Tue, Dec 18, 2018 |
| IPO Close Date | Thu, Dec 20, 2018 |
| Tentative Allotment | Wed, Dec 26, 2018 |
| Initiation of Refunds | Thu, Dec 27, 2018 |
| Credit of Shares to Demat | Fri, Dec 28, 2018 |
| Tentative Listing Date | Mon, Dec 31, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Dec 20, 2018 |
Investors can bid for a minimum of 1,200 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 | 1,200 | ₹1,20,000 |
| Retail (Max) | 1 | 1,200 | ₹1,20,000 |
| HNI (Min) | 2 | 2,400 | ₹2,40,000 |
Incorporated in 1996, Deccan Health Care is Hyderabad based company engaged in developing, manufacturing and marketing of healthcare products. The company offers premium range nutraceutical, cosmeceutical and Ayurveda products under the brand name 'Be Young' and 'Stay Young'.
The Company offers more than 1,500 products. These products are used for various purposes such as hair care, skin care, heart care, immunity building, etc. The company offers a long-chain omega-3 fatty acid, joint health nutrients, diacerein, antioxidants, immune enhancing components, skin ageing products, instant energy drinks, and calcium supplements; and a formula for males. The company supplies their products in various forms such as tablets, capsules, gel, liquids, ointments, powder, pastes, etc.
Deccan Health Care also has set up online B2C e-commerce portals BeYoungStore.com and StayYoungStore.com to sell its products directly to the customer. It has a manufacturing facility at SIDCUL Pantnagar, Rudrapur, Uttarakhand. The company has more than 140 distributors and around 6100 marketing agents.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 30-June-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | |||
| Total Assets | 6,553.38 | 6,292.99 | 4,959.89 | 2,934.45 | ||
| Total Revenue | 859.35 | 3,976.07 | 2,938.94 | 1,617.70 | ||
| Profit After Tax | 245.81 | 1,268.78 | 953.91 | 354.21 | ||
The Company Deccan Health Care IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Repayment/Prepayment of certain secured borrowings availed by the Company | 7.95 |
| 2 | Purchase of Plant & Machinery and related civil work | 5.55 |
| 3 | General Corporate Purposes | 5.50 |
[Dilip Davda] DHL's original IPO launch plan in March/April 2018 was called off soon after announcement due to some technical lapses and is now finally on. The Company has proven track record of improved financials year after year. It has a creamy list of investors (that includes Kent RO, Valueworth Capital, DS Group etc.) in pre-IPO placements. Post issue, company will turn debt free and will have better earnings. Considering all these, Investors may considered it for long term. Read detail review...
| Listing Date | December 31, 2018 |
| BSE Script Code | 542248 |
| NSE Symbol | |
| ISIN | INE452W01019 |
| Final Issue Price | ₹100 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹100.00 |
| Open | ₹108.00 |
| Low | ₹108.00 |
| High | ₹113.40 |
| Last Trade | ₹113.40 |
Deccan Health Care Ltd.
247, 2nd floor,
Dwarakapuri Colony,
Punjagutta,
Hyderabad, Telangana, 500082
Phone: +91 040 40144508
Email: investors@deccanhealthcare.co.in
Website: http://www.deccanhealthcare.co.in
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Deccan Health Care IPO is a SME IPO of 42,12,000 equity shares of the face value of ₹10 aggregating up to ₹42.12 Crores. The issue is priced at ₹100 per share. The minimum order quantity is 1200.
The IPO opens on December 18, 2018, and closes on December 20, 2018.
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 Deccan Health Care IPO using UPI as a payment gateway. Zerodha customers can apply in Deccan Health Care IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Deccan Health Care IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Deccan Health Care IPO opens on December 18, 2018 and closes on December 20, 2018.
Deccan Health Care IPO lot size is 1200, and the minimum amount required for application is ₹1,20,000.
You can apply in Deccan 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 Deccan Health Care IPO will be done on Wednesday, December 26, 2018, and the allotted shares will be credited to your demat account by Friday, December 28, 2018. Check the Deccan Health Care IPO allotment status.
The Deccan Health Care IPO listing date is on Monday, December 31, 2018.
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