Tejnaksh Healthcare IPO Details

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

Tejnaksh Healthcare IPO Logo

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 Details

IPO Date30 Sep to 12 Oct, 2015
Listed onTue, Oct 27, 2015
Face Value10 per share
Issue Price₹80 per share
Lot Size1,600 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size3,04,000 shares
(agg. up to ₹2 Cr)
Reserved for Market Maker
16,000 shares
(agg. up to ₹0.1280 Cr)
Alacrity Securities Ltd.
Fresh Issue
(Ex Market Maker)
2,88,000 shares
(agg. up to ₹2 Cr)
Net Offered to Public2,88,000 shares
(agg. up to ₹2 Cr)
Share Holding Pre Issue8,00,000 shares
Share Holding Post Issue11,04,000 shares
BSE Script Code 539428
ISININE030T01019

IPO Timetable

Issue Reservation

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 1,44,00050.00%47.37%
Retail Shares Offered 1,44,00050.00%47.37%
Firm Reservations
Market Maker Shares Offered 16,0005.26%
Total Shares Offered 3,04,000100.00%100.00%

IPO Lot Size

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
IPO Subscription Details

About Tejnaksh Healthcare Ltd.

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.

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 Expansion and Development of Hospital of the Company 1.50
2 General Corporate purposes 0.60
3 Issue Expenses 0.33

Key Performance Indicator (KPI)

KPI
RoNW24.65%
Pre IPOPost IPO
Promoter Holding100%72.46%
Market Cap8.83 Cr.

IPO Review

[Dilip Davda]
Risk avers fund surplus investors may consider investment for medium to long term.
Read detail review...

Tejnaksh Healthcare IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers1000
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 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

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price80.00
Open80.00
Low76.00
High80.00
Last Trade76.00

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IPO Registrar

Cameo Corporate Services Ltd.

Contact Details

Tejnaksh Healthcare Ltd. Address
Institute of Urology,
Sakri Road,
Dhule, Maharashtra, 424001
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IPO FAQs

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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Tejnaksh 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 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.

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