Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Wed, Sep 30, 2015 - Mon, Oct 12, 2015

Tejnaksh Healthcare IPO is a fixed price issue of ₹2.43 crores. The issue is entirely a fresh issue of 0.03 crore shares of ₹2.43 crore.
Tejnaksh Healthcare IPO bidding started from Sep 30, 2015 and ended on Oct 12, 2015. The shares got listed on BSE SME on Oct 27, 2015.
Tejnaksh Healthcare IPO price is ₹80 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹1,28,000 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,56,000.
First Overseas Capital Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Alacrity Securities Ltd..
Refer to Tejnaksh Healthcare IPO RHP for detailed Information.
IPO Open
Wed, Sep 30, 2015
IPO Close
Mon, Oct 12, 2015
Issue Price
₹80 per share
Market Cap (Pre-IPO)
₹8.83 Cr
| IPO Date | 30 Sep to 12 Oct, 2015 |
| Listed on | Tue, Oct 27, 2015 |
| Face Value | ₹10 per share |
| Issue Price | ₹80 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 3,04,000 shares (agg. up to ₹2 Cr) |
| Reserved for Market Maker | 16,000 shares Alacrity Securities Ltd. (agg. up to ₹0.1280 Cr) |
| Fresh Issue (Ex Market Maker) | 2,88,000 shares (agg. up to ₹2 Cr) |
| Net Offered to Public | 2,88,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 8,00,000 shares |
| Share Holding Post Issue | 11,04,000 shares |
| BSE Script Code | 539428 |
| ISIN | INE030T01019 |
Tejnaksh Healthcare IPO comprises a total issue size of 3,04,000 shares. The net offer to the public is 2,88,000 shares, after excluding 16,000 shares allotted on a firm basis. Of the Net offer 1,44,000 (50.00%) allocated to NII 1,44,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 1,44,000 | 50.00% | 47.37% |
| Retail Shares Offered | 1,44,000 | 50.00% | 47.37% |
| Firm Reservations | |||
| Market Maker Shares Offered | 16,000 | 5.26% | |
| Total Shares Offered | 3,04,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,28,000 |
| Retail (Max) | 1 | 1,600 | ₹1,28,000 |
| HNI (Min) | 2 | 3,200 | ₹2,56,000 |
Incorporated in 2008, Tejnaksh Healthcare run an Institute of Urology, an ISO certified the international level Urology hospital. The 24000 Sq. Ft. campus has a four storey building which houses the complete Urology setup. It provides a comprehensive range of services from consultations and investigations to treatment for Urology.
Tejnaksh Healthcare is equipped with all latest equipment and provide the whole range of services. The Institute is recognized by National board of examinations for DNB (Urology). The Institute boasts of 150 research publications and 23 innovations.
Tejnaksh Healthcare is an integrated healthcare delivery service provider, committed to delivering quality healthcare services to our patients in modern facilities. Company's operations are divided across four key vertical streams in healthcare delivery, namely - Pediatric Urology, Adult Urology (Male, Female), Andrology and Sexual Dysfunction and Nephrology, Dialysis and Renal Transplant.
| 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 | Expansion and Development of Hospital of the Company | 1.50 |
| 2 | General Corporate purposes | 0.60 |
| 3 | Issue Expenses | 0.33 |
| KPI | |
|---|---|
| RoNW | 24.65% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 72.46% |
| Market Cap | ₹8.83 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 | Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.24 |
| 2 | Printing & Stationery, Distribution, Postage, etc | 0.02 |
| 3 | Advertisement & Marketing Expenses | 0.02 |
| 4 | Regulatory & other expenses | 0.03 |
| 5 | Miscellaneous Expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹80.00 |
| Open | ₹80.00 |
| Low | ₹76.00 |
| High | ₹80.00 |
| Last Trade | ₹76.00 |
Lead Manager Reports
Tejnaksh Healthcare IPO is a SME IPO of 3,04,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹80 per share. The minimum order quantity is 1600.
The IPO opens on Wed, Sep 30, 2015, and closes on Mon, Oct 12, 2015.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Tejnaksh Healthcare IPO using UPI as a payment gateway. Zerodha customers can apply in Tejnaksh Healthcare IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Tejnaksh Healthcare IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Tejnaksh Healthcare IPO opens on Wed, Sep 30, 2015 and closes on Mon, Oct 12, 2015.
Tejnaksh Healthcare IPO lot size is 1600, and the minimum amount required for application is ₹1,28,000.
You can apply in Tejnaksh 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 Tejnaksh Healthcare IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Tejnaksh Healthcare IPO allotment status.
The Tejnaksh Healthcare IPO listing date is on Tue, Oct 27, 2015.