Sakar Healthcare IPO Details

Bookbuilding IPO | ₹15 Cr | Listed at NSE SME | Fri, Sep 30, 2016 - Wed, Oct 5, 2016

Sakar Healthcare IPO Logo

Sakar Healthcare IPO is a book build issue of ₹14.81 crores. The issue is entirely a fresh issue of 0.30 crore shares of ₹14.81 crore.

Sakar Healthcare IPO bidding started from Sep 30, 2016 and ended on Oct 5, 2016. The shares got listed on NSE SME on Oct 14, 2016.

Sakar Healthcare IPO price band is set at ₹50 per share. The lot size for an application is 3,000. The minimum amount of investment required by an retail is ₹1,50,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹3,00,000.

Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is BCB Brokerage Pvt.Ltd..

Refer to Sakar Healthcare IPO RHP for detailed Information.

IPO Open

Fri, Sep 30, 2016

IPO Close

Wed, Oct 5, 2016

Issue Price

₹50 per share

Market Cap (Pre-IPO)

₹54.81 Cr

IPO Details

IPO Date30 Sep to 5 Oct, 2016
Listed onFri, Oct 14, 2016
Face Value10 per share
Price Band₹42 to ₹50
Issue Price₹50 per share
Lot Size3,000 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtNSE SME

Total Issue Size29,61,000 shares
(agg. up to ₹15 Cr)
Reserved for Market Maker
1,53,000 shares
(agg. up to ₹0.7650 Cr)
BCB Brokerage Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
28,08,000 shares
(agg. up to ₹14 Cr)
Net Offered to Public28,08,000 shares
(agg. up to ₹14 Cr)
Share Holding Pre Issue80,00,000 shares
Share Holding Post Issue1,09,61,000 shares
NSE Symbol SAKAR
ISININE732S01012

IPO Timetable

Issue Reservation

Sakar Healthcare IPO comprises a total issue size of 29,61,000 shares. The net offer to the public is 28,08,000 shares, after excluding 1,53,000 shares allotted on a firm basis. Of the Net offer 14,04,000 (50.00%) allocated to NII 14,04,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 14,04,00050.00%47.42%
Retail Shares Offered 14,04,00050.00%47.42%
Firm Reservations
Market Maker Shares Offered 1,53,0005.17%
Total Shares Offered 29,61,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 3,000 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 3,000 ₹1,50,000
Retail (Max) 1 3,000 ₹1,50,000
HNI (Min) 2 6,000 ₹3,00,000
IPO Subscription Details

About Sakar Healthcare Ltd.

Incorporated in 2004, Sakar Healthcare Ltd is a manufacturer of Pharmaceutical products providing Liquid Orals, Cephalosporin Tablet, Capsules, Dry Powder Syrup, Liquid Injectables (SVP) in Ampoules and Vials & Dry Powder Injections for leading Multinational pharmaceutical companies.

Sakar Healthcare an ISO 9001:2008 BVQI certified company.

Sakar has presence in more than 40 countries and is growing as the exports of pharmaceutical products from India to the developed countries.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Imported Plant and Machinery 5.57
2 Indigenous Plant And Machinery 3.84
3 Furniture / Fixture and Lab Equipment 1.11
4 Building Alteration 0.31
5 EUGMP Registration 0.56
6 New Product Registration 0.45
7 Working Capital 1.00
8 General Corporate Purpose 0.97

Key Performance Indicator (KPI)

KPI
RoNW13.57%
Pre IPOPost IPO
Promoter Holding94%68.61%
Market Cap54.81 Cr.
The promoters of the company are Sanjay Shah, Rita Shah and Aarsh Shah.

IPO Review

[Dilip Davda]
Considering hire pricing, only cash surplus risk savvy investors may consider it for long term, others may ignore.
Read detail review...

Sakar Healthcare IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0001
Members0000

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.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Bankers etc. 0.70
2 Regulatory fees 0.10
3 Marketing and Other Expenses 0.20

Listing Day Trading Information

Price DetailsNSE SME
Final Issue Price50.00
Open52.80
Low51.00
High54.95
Last Trade52.15

Check IPO Performance…

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Sakar Healthcare Ltd. Address
Plot No. 10/13, Nr. M N. Desai Petrol Pump,
Sarkhej Bavla Highway, Changodar,
Ahmedabad – 382 213, Gujarat, India
Ahmedabad, Gujarat
Open an Instant Account with Zerodha

IPO FAQs

Sakar Healthcare IPO is a SME IPO of 29,61,000 equity shares of the face value of ₹10 aggregating up to ₹15 Crores. The issue is priced at ₹50 per share. The minimum order quantity is 3000.

The IPO opens on Fri, Sep 30, 2016, and closes on Wed, Oct 5, 2016.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Sakar Healthcare IPO using UPI as a payment gateway. Zerodha customers can apply in Sakar Healthcare IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Sakar Healthcare IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Sakar Healthcare IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Sakar Healthcare IPO opens on Fri, Sep 30, 2016 and closes on Wed, Oct 5, 2016.

Sakar Healthcare IPO lot size is 3000, and the minimum amount required for application is ₹1,50,000.

You can apply in Sakar Healthcare 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 Sakar Healthcare IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sakar Healthcare IPO allotment status.

The Sakar Healthcare IPO listing date is on Fri, Oct 14, 2016.

Compare: