Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Wed, Apr 12, 2017 - Mon, Apr 17, 2017
KMS Medisurgi IPO is a fixed price issue of ₹2.70 crores. The issue is entirely a fresh issue of 0.09 crore shares of ₹2.70 crore.
KMS Medisurgi IPO bidding started from Apr 12, 2017 and ended on Apr 17, 2017. The shares got listed on BSE SME on Apr 24, 2017.
KMS Medisurgi 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.
Navigant Corporate Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Naysaa Securities Ltd..
Refer to KMS Medisurgi IPO RHP for detailed Information.
IPO Open
Wed, Apr 12, 2017
IPO Close
Mon, Apr 17, 2017
Issue Price
₹30 per share
Market Cap (Pre-IPO)
₹9.90 Cr
| IPO Date | 12 to 17 Apr, 2017 |
| Listed on | Mon, Apr 24, 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 | 9,00,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 52,000 shares Naysaa Securities Ltd. (agg. up to ₹0.1560 Cr) |
| Fresh Issue (Ex Market Maker) | 8,48,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 8,48,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 24,00,000 shares |
| Share Holding Post Issue | 33,00,000 shares |
| BSE Script Code | 540468 |
| ISIN | INE870V01014 |
KMS Medisurgi IPO comprises a total issue size of 9,00,000 shares. The net offer to the public is 8,48,000 shares, after excluding 52,000 shares allotted on a firm basis. Of the Net offer 4,24,000 (50.00%) allocated to NII 4,24,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 4,24,000 | 50.00% | 47.11% |
| Retail Shares Offered | 4,24,000 | 50.00% | 47.11% |
| Firm Reservations | |||
| Market Maker Shares Offered | 52,000 | 5.78% | |
| Total Shares Offered | 9,00,000 | 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 1999, KMS Medisurgi Ltd is in the business of manufactures and sells surgical tapes and other surgical equipment in India. They offers absorbable gelatin surgical sponges, surgipore tapes, cushions for ESWL-VI shock wave hand, dressing post-op medicated, dressing silicon gel, micrporus surgical foam tapes, fleece fabrics and double side adhesive tapes.
The company also provides surgical disposables; haemostats; medical devices; and urology, surgery, orthopedic/physiotherapy, blood banking, biotechnology, research, oncology, radiology, diagnostics, ICU and rehabilitation, cardiology, critical care, laboratory and scientific, and surgical equipment. In technical collaboration with Liba Tape Co., Japan, they manufacture high quality surgical adhesive tapes for the healthcare industry in India. KMS Group also has its footing in the domain of stock broking and commodities and offer its services under the flagship of KMS Stock Broking Company Pvt Ltd.
| 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 part-finance incremental working capital requirements | 2.35 |
The KMS Medisurgi IPO is subscribed [.] times on April 17, 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 |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees, Underwriting Fees selling commissions, brokerages, | 0.15 |
| 2 | Market Making Fees for three years | 0.08 |
| 3 | Payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.05 |
| 4 | Printing & Stationery, Distribution, Postage, etc. | 0.02 |
| 5 | Advertisement & Marketing Expenses | 0.02 |
| 6 | Regulatory & other expenses | 0.02 |
| 7 | Miscellaneous Expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹30.00 |
| Low | ₹30.00 |
| High | ₹32.40 |
| Last Trade | ₹30.50 |
Lead Manager Reports
KMS Medisurgi IPO is a SME IPO of 9,00,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on Wed, Apr 12, 2017, and closes on Mon, Apr 17, 2017.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in KMS Medisurgi IPO using UPI as a payment gateway. Zerodha customers can apply in KMS Medisurgi IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in KMS Medisurgi IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The KMS Medisurgi IPO opens on Wed, Apr 12, 2017 and closes on Mon, Apr 17, 2017.
KMS Medisurgi IPO lot size is 4000, and the minimum amount required for application is ₹1,20,000.
You can apply in KMS Medisurgi 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 KMS Medisurgi IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the KMS Medisurgi IPO allotment status.
The KMS Medisurgi IPO listing date is on Mon, Apr 24, 2017.
