Fixed Price IPO | ₹12 Cr | Listed at BSE SME | Sat, May 12, 2012 - Wed, May 16, 2012
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Sat, May 12, 2012
IPO Close
Wed, May 16, 2012
Issue Price
₹40 per share
Market Cap (Pre-IPO)
₹24.00 Cr
| IPO Date | 12 to 16 May, 2012 |
| Listed on | Wed, May 30, 2012 |
| Face Value | ₹10 per share |
| Issue Price | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 30,00,000 shares (agg. up to ₹12 Cr) |
| Reserved for Market Maker | 3,00,000 shares (agg. up to ₹1 Cr) |
| Reserved for Private Promoter | 12,00,000 shares (agg. up to ₹5 Cr) |
| Fresh Issue (Ex Market Maker) | 15,00,000 shares (agg. up to ₹6 Cr) |
| Net Offered to Public | 15,00,000 shares (agg. up to ₹6 Cr) |
| Share Holding Pre Issue | 31,25,000 shares |
| Share Holding Post Issue | 60,00,000 shares |
| BSE Script Code | 534422 |
| ISIN | INE204N01013 |
Monarch Health IPO comprises a total issue size of 18,00,000 shares. The net offer to the public is 3,00,000 shares, after excluding 15,00,000 shares allotted on a firm basis. Of the Net offer 7,50,000 (50.00%) allocated to NII 7,50,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,50,000 | 50.00% | 41.67% |
| Retail Shares Offered | 7,50,000 | 50.00% | 41.67% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,00,000 | 16.67% | |
| Private Promoter Shares Offered | 12,00,000 | 66.67% | |
| Total Shares Offered | 18,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| 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 |
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”)
| 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 | 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 |
| Total | 10.36 |
| KPI | |
|---|---|
| RoNW | -16.32% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 13.77% | 25.09% |
| Market Cap | ₹24.00 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Merchant Banker | 0.12 |
| 2 | Registrar To Issue | 0.00 |
| 3 | Legal Advisor | 0.00 |
| 4 | Market Maker | 0.15 |
| 5 | Underwriter | 0.06 |
| 6 | Advertisement | 0.02 |
| 7 | Printing & stationery and postage expense | 0.03 |
| 8 | Regulatory fees | 0.02 |
| 9 | Other expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹42.00 |
| Low | ₹40.10 |
| High | ₹42.00 |
| Last Trade | ₹40.10 |
Lead Manager Reports
Monarch Health IPO is a SME IPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹12 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on Sat, May 12, 2012, and closes on Wed, 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 Sat, May 12, 2012 and closes on Wed, 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 Wed, May 30, 2012.
