Bookbuilding IPO | ₹613 Cr | Listed at BSE, NSE | Thu, Dec 17, 2015 - Mon, Dec 21, 2015
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 per share. The lot size for an application is 60. The minimum amount of investment required by an retail is ₹15,000 (60 shares) (based on upper price). 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 Open
Thu, Dec 17, 2015
IPO Close
Mon, Dec 21, 2015
Issue Price
₹250 per share
Market Cap (Pre-IPO)
₹5,109.02 Cr
| IPO Date | 17 to 21 Dec, 2015 |
| Listed on | Wed, Jan 6, 2016 |
| Face Value | ₹10 per share |
| Price Band | ₹245 to ₹250 |
| Issue Price | ₹250 per share |
| Lot Size | 60 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 2,45,23,297 shares (agg. up to ₹613 Cr) |
| Offer for Sale | 2,45,23,297 shares of ₹10 (agg. up to ₹613 Cr) |
| Share Holding Pre Issue | 20,43,60,804 shares |
| Share Holding Post Issue | 20,43,60,804 shares |
| BSE Script Code / NSE Symbol | 539551 / NH |
| ISIN | INE410P01011 |
Narayana Hrudayalaya IPO comprises a total issue size of 2,45,23,297 shares. Out of which, 1,22,61,648 (50.00%) are allocated to QIB, 36,78,495 (15.00%) allocated to NII 85,83,154 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max 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% |
Investors can bid for a minimum of 60 shares and in multiples thereof.
| 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 |
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.
| 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 achieve the benefits of listing the Equity Shares on the Stock Exchanges |
| KPI | |
|---|---|
| RoNW | -1.42% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 66.85% | 64.85% |
| Market Cap | ₹5,109.02 Cr. |
The Narayana Hrudayalaya IPO is subscribed 8.7 times on December 21, 2015 6:00:00 PM (Day 3). The public issue subscribed 1.89 times in the retail category, 24.43 times in the QIB category, and 3.62 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 24.43 | 49,04,660 | |
| NII | 3.62 | 36,78,495 | |
| Retail | 1.89 | 85,83,154 | |
| Total | 8.7 | 1,71,66,309 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Feespayable to the BRLMs | 13.62 |
| 2 | Advertising and marketing expenses | 3.85 |
| 3 | Fees payable to the Registrar | 0.06 |
| 4 | Underwriting commission, fees payable to the Bankers to the Offer, brokerage and selling commission,as applicable | 1.07 |
| 5 | Brokerage and selling commission payable to Registered Brokers | 0.21 |
| 6 | Processing fees to SCSBs for ASBA Applications procured by the members of the Syndicate or Registered Brokers and submitted with the SCSBs | 0.05 |
| 7 | Others (listing fees, legal fees, etc.) | 11.80 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹250.00 | ₹250.00 |
| Open | ₹291.00 | ₹291.00 |
| Low | ₹291.00 | ₹291.00 |
| High | ₹344.20 | ₹345.65 |
| Last Trade | ₹336.70 | ₹336.95 |
Lead Manager Reports
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 Crores. The issue is priced at ₹250 per share. The minimum order quantity is 60.
The IPO opens on Thu, Dec 17, 2015, and closes on Mon, Dec 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 Thu, Dec 17, 2015 and closes on Mon, Dec 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 Wed, Jan 6, 2016.
