Bookbuilding IPO | ₹38 Cr | Listed at BSE, NSE | Thu, Jun 12, 2008 - Fri, Jun 20, 2008
Lotus Eye Care Hospital IPO is a book build issue of ₹38.00 crores. The issue is entirely a fresh issue of 1.00 crore shares of ₹38.00 crore.
Lotus Eye Care Hospital IPO bidding started from Jun 12, 2008 and ended on Jun 20, 2008. The shares got listed on the NSE and the BSE on Jul 11, 2008.
Lotus Eye Care Hospital IPO is set final issue price at ₹38 per share. The lot size for an application is 150 shares. The minimum amount of investment required by an individual investor (retail) is ₹5,700 (150 shares) (based on upper price). The lot size investment for sNII is 36 lots (5,400 shares), amounting to ₹2,05,200, and for bNII, it is 176 lots (26,400 shares), amounting to ₹10,03,200.
Keynote Financial Services Ltd. is the book running lead manager and S.K.D.C.Consultants Ltd. is the registrar of the issue.
Refer to Lotus Eye Care Hospital IPO RHP for detailed Information.
IPO Open
Thu, Jun 12, 2008
IPO Close
Fri, Jun 20, 2008
Issue Price
₹38 per share
Market Cap (Pre-IPO)
₹79.03 Cr
| IPO Date | 12 to 20 Jun, 2008 |
| Listed on | Fri, Jul 11, 2008 |
| Face Value | ₹10 per share |
| Price Band | ₹36 to ₹38 |
| Issue Price | ₹38 per share |
| Lot Size | 150 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,00,00,000 shares (agg. up to ₹38 Cr) |
| Fresh Issue | 1,00,00,000 shares (agg. up to ₹38 Cr) |
| Share Holding Pre Issue | 1,07,96,330 shares |
| Share Holding Post Issue | 2,07,96,330 shares |
| BSE Script Code / NSE Symbol | 532998 / LOTUSEYE |
| ISIN | INE947I01017 |
Lotus Eye Care Hospital IPO comprises a total issue size of 1,00,00,000 shares. Out of which, 50,00,000 (50.00%) are allocated to QIB, 15,00,000 (15.00%) allocated to NII 35,00,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 50,00,000 | 50.00% | NA |
| NII (HNI) Shares Offered | 15,00,000 | 15.00% | NA |
| Retail Shares Offered | 35,00,000 | 35.00% | 23,333 |
| Total Shares Offered | 1,00,00,000 | 100.00% |
Investors can bid for a minimum of 150 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹5,700 |
| Retail (Max) | 35 | 5,250 | ₹1,99,500 |
| S-HNI (Min) | 36 | 5,400 | ₹2,05,200 |
| S-HNI (Max) | 175 | 26,250 | ₹9,97,500 |
| B-HNI (Min) | 176 | 26,400 | ₹10,03,200 |
Incorporated in 1997, Lotus Eye Care Hospital Limited is Coimbatore-based eye care hospital chain. Lotus own and operate four eye care hospitals in south India, two at Coimbatore, one at Salem and one at Tirupur.
Lotus eye care's main hospital is built on 1.2 acres of land in prime location at Peelamedu (Coimbatore) in the state of Tamilnadu. This facility is beneficial to the patients of Western and Northern districts in Tamilnadu, Kerala and Karnataka state.
Lotus has entered into Limca book of records for conducting international ophthalmic conference in high seas for the first time in the world.
Lotus sources of income are from outpatient, daycare and inpatient hospital services and retail sales in the pharmacy and optical.
| 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 finance expansion of the existing facilities; | |
| 2 | To finance establishing new centers with latest technology | |
| 3 | To meet working capital requirement; | |
| 4 | To meet the expenses of the issue; | |
| 5 | To enable listing of the equity shares of the company on the stock exchanges. |
| KPI | |
|---|---|
| RoNW | 8.35% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 97.64% | 50.69% |
| Market Cap | ₹79.03 Cr. |
The Lotus Eye Care IPO is subscribed 1.18 times on June 20, 2008 5:00:00 PM (Day 7). The public issue subscribed 1.34 times in the retail category, 0.63 times in the QIB category, and 2.63 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 | The Issue expenses includes the expenses for the current Public Issue inter-alia including travelling, management fees, printing and distribution expenses, commission, legal fees, regulatory fees, advertisement expenses and Processing fees & listing fees payable to the stock exchanges. | 2.70 |
Lotus Eye Care Hospital Limited IPO - Revised the price band
Posted on 17 June 2008
Book Running Lead Manager to the issue has informed the Exchange that the Book Building issue of LOTUS EYE CARE HOSPITAL LIMITED will close on Jun 20, 2008 instead of the earlier closing day on Jun 17, 2008. Further price band has revised from Rs 38/- to Rs 42/- per share to Rs 36/- to Rs 38/- per share.
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹38.00 | ₹38.00 |
| Open | ₹35.00 | ₹40.00 |
| Low | ₹32.05 | ₹32.50 |
| High | ₹38.95 | ₹40.00 |
| Last Trade | ₹35.50 | ₹35.65 |
Lead Manager Reports
Lotus Eye Care Hospital IPO is a main-board IPO of 1,00,00,000 equity shares of the face value of ₹10 aggregating up to ₹38 Crores. The issue is priced at ₹38 per share. The minimum order quantity is 150.
The IPO opens on Thu, Jun 12, 2008, and closes on Fri, Jun 20, 2008.
S.K.D.C.Consultants Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Lotus Eye Care Hospital IPO using UPI as a payment gateway. Zerodha customers can apply in Lotus Eye Care Hospital IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Lotus Eye Care Hospital IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Lotus Eye Care Hospital IPO opens on Thu, Jun 12, 2008 and closes on Fri, Jun 20, 2008.
Lotus Eye Care Hospital IPO lot size is 150, and the minimum amount required for application is ₹5,700.
You can apply in Lotus Eye Care Hospital 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 Lotus Eye Care Hospital IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Lotus Eye Care Hospital IPO allotment status.
The Lotus Eye Care Hospital IPO listing date is on Fri, Jul 11, 2008.
