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Narayana Hrudayalaya IPO is a book build issue of ₹613.08 crores. The issue is entirely an offer for sale of 2.45 crore shares of ₹613.08 crore.
Narayana Hrudayalaya IPO bidding started from Dec 17, 2015 and ended on Dec 21, 2015. The shares got listed on BSE, NSE on Jan 6, 2016.
Narayana Hrudayalaya IPO price band is set at ₹250.00 per share . The lot size for an application is 60. The minimum amount of investment required by an retail is ₹14,700 (60 shares). The lot size investment for sNII is 14 lots (840 shares), amounting to ₹2,10,000, and for bNII, it is 67 lots (4,020 shares), amounting to ₹10,05,000.
Axis Bank Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Narayana Hrudayalaya IPO RHP for detailed Information.
| IPO Date | December 17, 2015 to December 21, 2015 |
| Listing Date | January 6, 2016 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹245 to ₹250 per share |
| Issue Price Final | ₹250 per share |
| Lot Size | 60 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 2,45,23,297 shares (aggregating up to ₹613.08 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 20,43,60,804 shares |
| Share Holding Post Issue | 20,43,60,804 shares |
Narayana Hrudayalaya IPO offers total 2,45,23,297 shares. Out of which 1,22,61,648 (50.00%) allocated to QIB, 49,04,660 (20.00%) allocated to QIB, 36,78,495 (15.00%) allocated to NII, 85,83,154 (35.00%) allocated to RII and 73,56,988 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 1,22,61,648 (50.00%) | NA |
| − Anchor Investor Shares Offered | 73,56,988 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 49,04,660 (20.00%) | NA |
| NII (HNI) Shares Offered | 36,78,495 (15.00%) | NA |
| Retail Shares Offered | 85,83,154 (35.00%) | 1,43,052 |
| Total Shares Offered | 2,45,23,297 (100.00%) |
Narayana Hrudayalaya IPO opens on December 17, 2015, and closes on December 21, 2015.
| IPO Open Date | Thu, Dec 17, 2015 |
| IPO Close Date | Mon, Dec 21, 2015 |
| Tentative Listing Date | Wed, Jan 6, 2016 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Dec 21, 2015 |
Investors can bid for a minimum of 60 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 | 60 | ₹15,000 |
| Retail (Max) | 13 | 780 | ₹1,95,000 |
| S-HNI (Min) | 14 | 840 | ₹2,10,000 |
| S-HNI (Max) | 66 | 3,960 | ₹9,90,000 |
| B-HNI (Min) | 67 | 4,020 | ₹10,05,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2000, Narayana Hrudayalaya headquartered in Bengaluru is one of the leading private healthcare service providers in India. They operates through chain of multispecialty, tertiary and primary healthcare facilities.
They have network of 23 hospitals (multispeciality and superspeciality healthcare facilities which provide tertiary care), 8 heart centres (superspeciality units which are set up in a third party hospital) and 25 primary care facilities (including clinics and information centres), across a total of 32 cities, towns and villages in India, with 5,600 operational beds and the potential to reach a capacity of up to 6,600 beds. In FY 2015, their facilities provided care to over 1.97 million patients. They have strong presence in the southern state of Karnataka and eastern India, as well as an emerging presence in western and central India.
| Particulars | For the year/period ended (in Rs. Million) | |||||
| 30 Sep 15 | 31 Mar 15 | 31 Mar 14 | 31 Mar 13 | 31 Mar 12 | 31 Mar 11 | |
| Total Income | 7,885.62 | 13,715.87 | 11,175.08 | 8,544.46 | 6,606.87 | 4,802.14 |
| Profit After Tax (PAT) | 252.09 | 118.31 | 353.34 | 238.35 | 257.22 | 136.41 |
| Profit After Tax (PAT) Consolidated* | 124.86 | (108.61) | 317.08 | 247.96 | 257.54 | 136.41 |
Note: Profit After Tax (PAT) Consolidated includes share in loss/profit of an associate
| KPI | Values |
|---|---|
| RoNW | -1.42% |
The Company Narayana Hrudayalaya 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 | To achieve the benefits of listing the Equity Shares on the Stock Exchanges |
[Dilip Davda] <p>Although IPO pricing is the main concern, hype created by business model and rising fancy makes this offer a worthy bet for short to long term.</p> Read detail review...
| Listing Date | January 6, 2016 |
| BSE Script Code | 539551 |
| NSE Symbol | NH |
| ISIN | INE410P01011 |
| Final Issue Price | ₹250 per share |
| BSE Listing Group | B |
Narayana Hrudayalaya Ltd.
No 258/A Bommasandra Indl Area,
Anekal Taluk,
Bengaluru - 562158, Karnataka, India
Bengaluru, Karnataka
Phone: + 91-80-71222222
Email: investorrelations@nhhospitals.org
Website: http://www.narayanahealth.org
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://ipostatus.kfintech.com/
Narayana Hrudayalaya IPO is a main-board IPO of 2,45,23,297 equity shares of the face value of ₹10 aggregating up to ₹613.08 Crores. The issue is priced at ₹250 per share. The minimum order quantity is 60.
The IPO opens on December 17, 2015, and closes on December 21, 2015.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Narayana Hrudayalaya IPO using UPI as a payment gateway. Zerodha customers can apply in Narayana Hrudayalaya IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Narayana Hrudayalaya IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Narayana Hrudayalaya IPO opens on December 17, 2015 and closes on December 21, 2015.
Narayana Hrudayalaya IPO lot size is 60, and the minimum amount required for application is ₹15,000.
You can apply in Narayana Hrudayalaya 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 Narayana Hrudayalaya IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Narayana Hrudayalaya IPO allotment status.
The Narayana Hrudayalaya IPO listing date is on Wednesday, January 6, 2016.
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