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Monarch Health IPO is a fixed price issue of ₹12.00 crores. The issue is entirely a fresh issue of 0.30 crore shares of ₹12.00 crore.
Monarch Health IPO bidding started from May 12, 2012 and ended on May 16, 2012. The shares got listed on BSE SME on May 30, 2012.
Monarch Health IPO price is ₹40.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,40,000.
Monarch Networth Capital Ltd. is the book running lead manager and Sharepro Services Pvt.Ltd. is the registrar of the issue.
Refer to Monarch Health IPO RHP for detailed Information.
| IPO Date | May 12, 2012 to May 16, 2012 |
| Listing Date | May 30, 2012 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 30,00,000 shares (aggregating up to ₹12.00 Cr) |
| Reserved for Market Maker | 3,00,000 shares (aggregating up to ₹1.20 Cr) |
| Reserved for Private Promoter | 12,00,000 shares (aggregating up to ₹5 Cr) |
| Net Offered to Public | 15,00,000 shares (aggregating up to ₹6.00 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 31,25,000 shares |
| Share Holding Post Issue | 60,00,000 shares |
Monarch Health Services IPO offers total 18,00,000 shares. Out of which 7,50,000 (41.67%) allocated to NII, 7,50,000 (41.67%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 3,00,000 (16.67%) |
| NII (HNI) Shares Offered | 7,50,000 (41.67%) |
| Retail Shares Offered | 7,50,000 (41.67%) |
| Total Shares Offered | 18,00,000 (100.00%) |
Monarch Health IPO opens on May 12, 2012, and closes on May 16, 2012.
| IPO Open Date | Sat, May 12, 2012 |
| IPO Close Date | Wed, May 16, 2012 |
| Tentative Listing Date | Wed, May 30, 2012 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, May 16, 2012 |
Investors can bid for a minimum of 3,000 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 | 3,000 | ₹1,20,000 |
| Retail (Max) | 1 | 3,000 | ₹1,20,000 |
| HNI (Min) | 2 | 6,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2011, Monarch Health Services Ltd is engaged in the business of Cosmetic Surgery and Skin Care. They provides services in their clinics for skin care, Hair Transplant, Cosmetic Surgery, Laser treatments and Obesity Surgery which includes Liposuction and Tummy Tuck.
LOOKS Cosmetic Clinic is a venture of Monarch Health Services Pvt Ltd., India’s first ever prototype clinic with a pioneering concept of "One-stop-shop equipped and versed to cater both surgical and non surgical cosmetic and aesthetic treatments for head to toe transformations".
M/s Maxgainz Finserve Pvt Ltd has given written approval for bringing in Rs. 480 lacs as promoter contribution which will be utilized towards part funding of the project alongwith equity capital raised through the Issue.
Please Note: The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of the BSE Limited (“BSE”). In terms of Chapter X B of SEBI (ICDR) Regulations, 2009 as amended from time to time, we are not required to obtain any in principle listing approval for the shares being offered in this Issue. However, our Company has received an approval letter dated 20.4.2012 from BSE for using its name in the Offer Document for listing our shares on the SME Platform of the BSE. For the purpose of this Issue, the Designated Stock Exchange will be the BSE Limited (“BSE”)
| KPI | Values |
|---|---|
| RoNW | -16.32% |
The Company Monarch Health Services 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 | Advance Deposit of lease rentals for leasehold premises | 1.13 |
| 2 | Infrastructure | 2.28 |
| 3 | Medical Equipment | 5.68 |
| 4 | Computers & Air conditioners | 0.92 |
| 5 | Working Capital requirement | 0.35 |
| 6 | Public Issue Expenses | 0.43 |
[Dilip Davda] <p>Well, today's investors are really shrewd enough and understand better on such gimmicks. This IPO is only for those who have surplus funds and can wait for long to get returns from the company that has yet to start operations.</p> Read detail review...
| Listing Date | May 30, 2012 |
| BSE Script Code | 534422 |
| NSE Symbol | |
| ISIN | INE204N01013 |
| Final Issue Price | ₹40 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹42.00 |
| Low | ₹40.10 |
| High | ₹42.00 |
| Last Trade | ₹40.10 |
Monarch Health Services Ltd.
28/3, Ground Floor,
Next to Jari Mari Mandir,
SV Road, Bandra (W) Mumbai
Bandra, Maharashtra
Phone: 022- 26420655
Email: cs@looksclinic.com
Website: http://www.looksclinic.com
Sharepro Services Pvt.Ltd.
Phone: 9999999999
Email: sme.ipo@shareproservices.com
Website:
Monarch Health IPO is a SME IPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹12.00 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on May 12, 2012, and closes on May 16, 2012.
Sharepro 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 Monarch Health IPO using UPI as a payment gateway. Zerodha customers can apply in Monarch Health IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Monarch Health IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Monarch Health IPO opens on May 12, 2012 and closes on May 16, 2012.
Monarch Health IPO lot size is 3000, and the minimum amount required for application is ₹1,20,000.
You can apply in Monarch Health 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 Monarch Health IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Monarch Health IPO allotment status.
The Monarch Health IPO listing date is on Wednesday, May 30, 2012.
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