Bookbuilding IPO | ₹42 Cr | Listed at BSE SME | Tue, Dec 18, 2018 - Thu, Dec 20, 2018
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 per share. The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,20,000 (1200 shares) (based on upper price). The minimum lot size for investment in 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 Open
Tue, Dec 18, 2018
IPO Close
Thu, Dec 20, 2018
Issue Price
₹100 per share
Market Cap (Pre-IPO)
₹157.13 Cr
| IPO Date | 18 to 20 Dec, 2018 |
| Listed on | Mon, Dec 31, 2018 |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹100 |
| Issue Price | ₹100 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 42,12,000 shares (agg. up to ₹42 Cr) |
| Reserved for Market Maker | 2,11,200 shares Pantomath Stock Brokers Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 20,00,800 shares (agg. up to ₹20 Cr) |
| Offer for Sale | 20,00,000 shares of ₹10 (agg. up to ₹20 Cr) |
| Net Offered to Public | 40,00,800 shares (agg. up to ₹40 Cr) |
| Share Holding Pre Issue | 1,35,01,430 shares |
| Share Holding Post Issue | 1,57,13,430 shares |
| BSE Script Code | 542248 |
| ISIN | INE452W01019 |
Deccan Health Care IPO comprises a total issue size of 42,12,000 shares. The net offer to the public is 40,00,800 shares, after excluding 2,11,200 shares allotted on a firm basis. Of the Net offer 20,00,400 (50.00%) allocated to NII 20,00,400 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 20,00,400 | 50.00% | 47.49% |
| Retail Shares Offered | 20,00,400 | 50.00% | 47.49% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,11,200 | 5.01% | |
| Total Shares Offered | 42,12,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| 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.
| 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 | 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 |
The Deccan Health Care IPO is subscribed 1.68 times on December 20, 2018 7:49:04 PM (Day 3). The public issue subscribed 0.91 times in the retail category, [.] times in the QIB category, and 2.45 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 2.45 | 20,00,400 | 49,02,000 |
| Retail | 0.91 | 20,00,400 | 18,30,000 |
| Total | 1.68 | 40,00,800 | 67,39,200 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the Book Running Lead Manager (including Underwriting commission) | 4.61 |
| 2 | Advertising and marketing expenses | 0.65 |
| 3 | Fees payable to the Legal Advisors | 0.01 |
| 4 | Fees payable to the Registrar to the Offer | 0.01 |
| 5 | Fees payable to the Regulators including stock exchanges | 0.05 |
| 6 | Printing and distribution of offer stationary | 0.05 |
| 7 | Brokerage and selling commission payable to Syndicate | 0.02 |
| 8 | Brokerage and selling commission payable to Registered Brokers | 0.02 |
| 9 | Processing fees to SCSBs for ASBA Applications procured by the members of the Syndicate or Registered Brokers and submitted with the SCSBs | 0.04 |
| 10 | Others (bankers to the Offer, auditor's fees etc.) | 0.42 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹100.00 |
| Open | ₹108.00 |
| Low | ₹108.00 |
| High | ₹113.40 |
| Last Trade | ₹113.40 |
Lead Manager Reports
Deccan Health Care IPO is a SME IPO of 42,12,000 equity shares of the face value of ₹10 aggregating up to ₹42 Crores. The issue is priced at ₹100 per share. The minimum order quantity is 1200.
The IPO opens on Tue, Dec 18, 2018, and closes on Thu, Dec 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 Tue, Dec 18, 2018 and closes on Thu, Dec 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 Fri, Dec 28, 2018. Check the Deccan Health Care IPO allotment status.
The Deccan Health Care IPO listing date is on Mon, Dec 31, 2018.
