Fixed Price IPO | ₹6 Cr | Listed at BSE SME | Mon, Dec 11, 2017 - Thu, Dec 14, 2017
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Mon, Dec 11, 2017
IPO Close
Thu, Dec 14, 2017
Issue Price
₹30 per share
Market Cap (Pre-IPO)
₹21.27 Cr
| IPO Date | 11 to 14 Dec, 2017 |
| Listed on | Fri, Dec 22, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 20,00,000 shares (agg. up to ₹6 Cr) |
| Reserved for Market Maker | 1,04,000 shares NNM Securities Pvt.Ltd. (agg. up to ₹0.3120 Cr) |
| Fresh Issue (Ex Market Maker) | 18,96,000 shares (agg. up to ₹6 Cr) |
| Net Offered to Public | 18,96,000 shares (agg. up to ₹6 Cr) |
| Share Holding Pre Issue | 50,91,099 shares |
| Share Holding Post Issue | 70,91,099 shares |
| BSE Script Code | 540812 |
| ISIN | INE457Y01014 |
Kids Medical Systems IPO comprises a total issue size of 20,00,000 shares. The net offer to the public is 18,96,000 shares, after excluding 1,04,000 shares allotted on a firm basis. Of the Net offer 9,48,000 (50.00%) allocated to NII 9,48,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 9,48,000 | 50.00% | 47.40% |
| Retail Shares Offered | 9,48,000 | 50.00% | 47.40% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,04,000 | 5.20% | |
| Total Shares Offered | 20,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| 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.
| 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 | 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 |
The Kids Medical Systems IPO is subscribed [.] times on December 14, 2017 5:00:00 PM (Day 3). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | [.] | 10,00,000 | 20,24,000 |
| Retail | [.] | 10,00,000 | 1,60,04,000 |
| Total | [.] | 20,00,000 | 1,80,28,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including fees and reimbursements of Market Making Fees, selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses. | 0.42 |
| 2 | Printing & Stationery and Postage Expenses | 0.03 |
| 3 | Marketing and Advertisement Expenses | 0.05 |
| 4 | Regulatory fees and other expenses | 0.07 |
| 5 | Other Miscellaneous expenses | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹32.40 |
| Low | ₹24.50 |
| High | ₹36.00 |
| Last Trade | ₹34.35 |
Purva Sharegistry (India) Pvt.Ltd.
Lead Manager Reports
Kids Medical Systems IPO is a SME IPO of 20,00,000 equity shares of the face value of ₹10 aggregating up to ₹6 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on Mon, Dec 11, 2017, and closes on Thu, Dec 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 Mon, Dec 11, 2017 and closes on Thu, Dec 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 Fri, Dec 22, 2017.
