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Kids Medical Systems IPO is a fixed price issue of ₹6.00 crores. The issue is entirely a fresh issue of 0.20 crore shares of ₹6.00 crore.
Kids Medical Systems IPO bidding started from Dec 11, 2017 and ended on Dec 14, 2017. The shares got listed on BSE SME on Dec 22, 2017.
Kids Medical Systems IPO price is ₹30.00 per share . The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (4000 shares). The minimum lot size investment for HNI is 2 lots (8,000 shares), amounting to ₹2,40,000.
Gretex Corporate Services Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The market maker of the company is NNM Securities Pvt.Ltd..
Refer to Kids Medical Systems IPO RHP for detailed Information.
| IPO Date | December 11, 2017 to December 14, 2017 |
| Listing Date | December 22, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 20,00,000 shares (aggregating up to ₹6.00 Cr) |
| Reserved for Market Maker | 1,04,000 shares NNM Securities Pvt.Ltd. (aggregating up to ₹0.3120 Cr) |
| Net Offered to Public | 18,96,000 shares (aggregating up to ₹5.69 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 50,91,099 shares |
| Share Holding Post Issue | 70,91,099 shares |
Kids Medical Systems IPO offers total 20,00,000 shares. Out of which 9,48,000 (47.40%) allocated to NII, 9,48,000 (47.40%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,04,000 (5.20%) |
| NII (HNI) Shares Offered | 9,48,000 (47.40%) |
| Retail Shares Offered | 9,48,000 (47.40%) |
| Total Shares Offered | 20,00,000 (100.00%) |
Kids Medical Systems IPO opens on December 11, 2017, and closes on December 14, 2017.
| IPO Open Date | Mon, Dec 11, 2017 |
| IPO Close Date | Thu, Dec 14, 2017 |
| Tentative Listing Date | Fri, Dec 22, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Dec 14, 2017 |
Investors can bid for a minimum of 4,000 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 | 4,000 | ₹1,20,000 |
| Retail (Max) | 1 | 4,000 | ₹1,20,000 |
| HNI (Min) | 2 | 8,000 | ₹2,40,000 |
Incorporated in 2013, Kids Medical Systems Ltd is engaged in providing solution in healthcare sector as pediatric clinic chain provider. Kids Clinic (TKC) is a venture of "Kids Medical Systems Private Ltd".
They partner with doctors at a clinic /premise level. They offer services which help doctors to manage, educate and develop their clinic, its infrastructure, its people and provide guidance in services to parents of the child. They also provide services like timely reminders on vaccinations.
They provide the service Management/Light Asset Model which includes the clinic Management Software, clinic reports, Training, recruitment of staff, Online and Offline engagement with customers. In addition they also provide Glow sign Boards, Paraphernalia, Standees and also arrange for co-branding marketing efforts, as and when required in Pre-School, Schools, mailers, SMS, whatsApp or other electronic or through other devices or modes. They are also engaged in providing hospital consultancy to their Doctor Partners.
The Company Kids Medical Systems 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 | To set up healthcareClinics and purchase of interiors, furniture and allied infrastructure | 4.00 |
| 2 | General Corporate Purpose | 1.40 |
| 3 | Public Issue Expenses | 0.60 |
[Dilip Davda] There is no harm in giving this highly priced issue a miss. (Avoid). The asking price is at a P/E of 31 plus, thus issue is aggressively priced. Read detail review...
| Listing Date | December 22, 2017 |
| BSE Script Code | 540812 |
| NSE Symbol | |
| ISIN | INE457Y01014 |
| Final Issue Price | ₹30 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹32.40 |
| Low | ₹24.50 |
| High | ₹36.00 |
| Last Trade | ₹34.35 |
Kids Medical Systems Ltd.
F-806 Titanium City Center,
Nr. Sachin Towers, 100 Feet Ring Road,
Anand Nagar Road, Satellite,
Ahmedabad, Gujarat, 380015
Phone: +91-79-26764216
Email: pallavi.dam@thekidsclinic.in
Website: http://www.thekidsclinic.in
Purva Sharegistry (India) Pvt.Ltd.
Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: https://www.purvashare.com/investor-service/ipo-query
Kids Medical Systems IPO is a SME IPO of 20,00,000 equity shares of the face value of ₹10 aggregating up to ₹6.00 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on December 11, 2017, and closes on December 14, 2017.
Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Kids Medical Systems IPO using UPI as a payment gateway. Zerodha customers can apply in Kids Medical Systems IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Kids Medical Systems IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Kids Medical Systems IPO opens on December 11, 2017 and closes on December 14, 2017.
Kids Medical Systems IPO lot size is 4000, and the minimum amount required for application is ₹1,20,000.
You can apply in Kids Medical Systems 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 Kids Medical Systems IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Kids Medical Systems IPO allotment status.
The Kids Medical Systems IPO listing date is on Friday, December 22, 2017.
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