Bookbuilding FPO | ₹108 Cr | Listed at BSE, NSE | Fri, Mar 31, 2006 - Wed, Apr 5, 2006
Opto Circuits (India) FPO is a book build issue of ₹108.00 crores. The issue is entirely a fresh issue of 0.40 crore shares of ₹108.00 crore.
Opto Circuits (India) FPO bidding started from Mar 31, 2006 and ended on Apr 5, 2006. The shares got listed on NSE and BSE on Apr 24, 2006.
Opto Circuits (India) FPO is set final issue price at ₹270 per share.
Karvy Investor Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Opto Circuits (India) FPO DRHP for detailed Information.
FPO Open
Fri, Mar 31, 2006
FPO Close
Wed, Apr 5, 2006
Issue Price
₹270 per share
Market Cap (Pre-IPO)
₹831.82 Cr
| IPO Date | 31 Mar to 5 Apr, 2006 |
| Listed on | Mon, Apr 24, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹240 to ₹270 |
| Issue Price | ₹270 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding FPO |
| Listing At | BSE, NSE |
| Total Issue Size | 40,00,000 shares (agg. up to ₹108 Cr) |
| Fresh Issue | 40,00,000 shares (agg. up to ₹108 Cr) |
| Share Holding Pre Issue | 2,68,08,290 shares |
| Share Holding Post Issue | 3,08,08,290 shares |
| BSE Script Code / NSE Symbol | 532391 / OPTOCIRCUI |
| ISIN | INE808B01016 |
Opto Circuits (India) FPO comprises a total issue size of 40,00,000 shares. The net offer to the public is 32,00,000 shares, after excluding 8,00,000 shares under a preferential allotment. Of the Net offer 16,00,000 (50.00%) are allocated to QIB, 4,80,000 (15.00%) allocated to NII 11,20,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 16,00,000 | 50.00% | 40.00% |
| NII (HNI) Shares Offered | 4,80,000 | 15.00% | 12.00% |
| Retail Shares Offered | 11,20,000 | 35.00% | 28.00% |
| Preferential Reservations | |||
| Employee Shares Offered | 4,00,000 | 10.00% | |
| Shareholders Shares Offered | 4,00,000 | 10.00% | |
| Total Shares Offered | 40,00,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Shareholder (SH) | Up to Shareholder Reservation | Allowed only if bidding amount is upto ₹2 lakhs |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + Shareholder | Up to ₹2 Lakhs (SH) + Up to ₹2 Lakhs (EMP) | Yes |
| Shareholder + RII/NII | Up to ₹2 Lakhs (SH) + RII/NII limits | Yes (SH/RII) |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII 'OR' NII limits | Yes (EMP/RII) |
| Employee + Shareholder + RII/NII | Upto ₹2 Lakhs (SH) + Upto ₹2 Lakhs (EMP) + RII 'OR' NII limits | Yes (SH/EMP/RII) |
Opto Circuits (India) Ltd. is a Bengaluru-based multinational medical device company founded in 1992 that specialises in manufacturing invasive and non-invasive equipment like cardiac monitors, stents, and sensors.
The company designs, develops, and distributes a wide range of primary, acute, and critical care medical products across more than 150 countries.
The company's client base includes names like Philips, GE and Estill Technologies etc.
The company's key products include Vital signs monitors, emergency cardiac care equipment, vascular treatments (DES/BMS), and sensors.
Competitive Strength:
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|---|---|
| Assets | 94.44 | 69.21 | 63.00 | 53.55 | 38.33 |
| Total Income | 49.45 | 78.38 | 58.89 | 38.65 | 31.96 |
| Profit After Tax | 12.67 | 19.20 | 12.93 | 7.43 | 6.69 |
| NET Worth | 65.97 | 53.30 | 41.21 | 32.20 | 26.47 |
| Reserves and Surplus | 39.16 | 32.04 | 19.95 | 11.67 | 8.10 |
| 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 upgrade our Research & Development facility | 19.38 |
| 2 | Cost of upgrading infrastructure and for modernizing and1635.00acquisition of additional plant & machinery | 16.35 |
| 3 | Investment in Mediaid Inc for establishing marketing offices. | 7.50 |
| 4 | Acquisition of EuroCor GmbH | 27.21 |
| 5 | Additional Working Capital requirements. | 22.50 |
| 6 | General Corporate Purposes | 15.44 |
| 7 | Issue Expenses | 7.06 |
| Total | 115.44 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 35.59% | 30.98% |
| Market Cap | ₹831.82 Cr. |
The Opto Circuits (India) FPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 4.85 | 40,00,000 | 1,93,94,726 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers fees | 1.94 |
| 2 | Registrar to the Issue | 0.10 |
| 3 | Offer Stationery | 2.00 |
| 4 | Advertising Expenses | 1.00 |
| 5 | Brokerage, selling Commission & Underwriting Commission | 1.35 |
| 6 | Legal Fees | 0.13 |
| 7 | Other Expenses (incl. Filing Fees, Listing Fees, Depository charges, etc.) | 0.30 |
| 8 | Contingencies | 0.24 |
| Total | 7.06 |
| Price Details |
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| Final Issue Price |
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Lead Manager Reports
Opto Circuits (India) FPO is a main-board FPO of 40,00,000 equity shares of the face value of ₹10 aggregating up to ₹108 Crores. The issue is priced at ₹270 per share. The minimum order quantity is .
The FPO opens on Fri, Mar 31, 2006, and closes on Wed, Apr 5, 2006.
Kfin Technologies Ltd. is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Opto Circuits (India) FPO using UPI as a payment gateway. Zerodha customers can apply in Opto Circuits (India) FPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Opto Circuits (India) FPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Opto Circuits (India) FPO opens on Fri, Mar 31, 2006 and closes on Wed, Apr 5, 2006.
Opto Circuits (India) FPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Opto Circuits (India) FPO 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 Opto Circuits (India) FPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Opto Circuits (India) FPO allotment status.
The Opto Circuits (India) FPO listing date is on .
