Thyrocare Technologies IPO Details

Bookbuilding IPO | ₹479 Cr | Listed at BSE, NSE | Wed, Apr 27, 2016 - Fri, Apr 29, 2016

Thyrocare Technologies IPO Logo

Thyrocare Technologies IPO is a book build issue of ₹479.21 crores. The issue is entirely an offer for sale of 1.07 crore shares of ₹479.21 crore.

Thyrocare Technologies IPO bidding started from Apr 27, 2016 and ended on Apr 29, 2016. The shares got listed on BSE, NSE on May 9, 2016.

Thyrocare Technologies IPO price band is set at ₹446 per share. The lot size for an application is 33. The minimum amount of investment required by an retail is ₹14,718 (33 shares) (based on upper price). The lot size investment for sNII is 14 lots (462 shares), amounting to ₹2,06,052, and for bNII, it is 68 lots (2,244 shares), amounting to ₹10,00,824.

Edelweiss Financial Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Refer to Thyrocare Technologies IPO RHP for detailed Information.

IPO Open

Wed, Apr 27, 2016

IPO Close

Fri, Apr 29, 2016

Issue Price

₹446 per share

Market Cap (Pre-IPO)

₹2,396.07 Cr

IPO Details

IPO Date27 to 29 Apr, 2016
Listed onMon, May 9, 2016
Face Value10 per share
Price Band₹420 to ₹446
Issue Price₹446 per share
Lot Size33 Shares
Sale TypeOFS only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

Total Issue Size1,07,44,708 shares
(agg. up to ₹479 Cr)
Offer for Sale1,07,44,708 shares of ₹10
(agg. up to ₹479 Cr)
Share Holding Pre Issue5,37,23,533 shares
Share Holding Post Issue5,37,23,533 shares
BSE Script Code / NSE Symbol539871 / THYROCARE
ISININE594H01019

IPO Timetable

Issue Reservation

Thyrocare Technologies IPO comprises a total issue size of 1,07,44,708 shares. Out of which, 53,72,353 (50.00%) are allocated to QIB, 16,11,707 (15.00%) allocated to NII 37,60,648 (35.00%) allocated to RII.

Investor Category Shares Offered % of Total Issue Max Allottees
QIB Shares Offered 53,72,35350.00%NA
  − Anchor Investor Shares Offered 32,23,41130.00%NA
  − QIB (Ex. Anchor) Shares Offered 21,48,94220.00%NA
NII (HNI) Shares Offered 16,11,70715.00%NA
Retail Shares Offered 37,60,64835.00%1,13,959
Total Shares Offered 1,07,44,708100.00%

IPO Lot Size

Investors can bid for a minimum of 33 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 33 ₹14,718
Retail (Max) 13 429 ₹1,91,334
S-HNI (Min) 14 462 ₹2,06,052
S-HNI (Max) 67 2,211 ₹9,86,106
B-HNI (Min) 68 2,244 ₹10,00,824
IPO Subscription Details

About Thyrocare Technologies Ltd.

Incorporated in 2000, Thyrocare Technologie Ltd is one of the leading pan-India diagnostic chains and conduct an array of medical diagnostic tests and profiles of tests that helps in early detection and management of disorders and diseases.

They are India's first fully automated diagnostic laboratory having its strong presence in more than 2000 cities / towns in India and internationally. As of November 30, 2015, they offered 192 tests and 54 profiles of tests to detect a number of disorders, including thyroid disorders, growth disorders, metabolism disorders, auto-immunity, diabetes, anemia, cardiovascular disorders, infertility and various infectious diseases.

Their laboratory process over 30,000 sample and above 1 lakh investigations every day. Their profiles of tests include 17 profiles of tests administered under their 'Aarogyam' brand. Through wholly owned subsidiary, NHL, they operate a network of molecular imaging centers in New Delhi, Navi Mumbai and Hyderabad, focused on early and effective cancer monitoring.

Company Financials ()

Period Ended
Amount in ₹ Crore

Key Performance Indicator (KPI)

KPI
RoNW17.37%
Pre IPOPost IPO
Promoter Holding64.96%63.96%
Market Cap2,396.07 Cr.
The promoters of the company are:1. Dr A. Velumani
2. Mr A. Sundararaju

IPO Review

[Dilip Davda]
Considering the brand image and the operational methods, the company is poised for bright prospects ahead. Investment in this IPO will bring reasonable rewards in coming years. Investment may be considered for short to long term.
Read detail review...

Thyrocare Technologies IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers7000
Members0000

Thyrocare Technologies IPO Subscription Status (Bidding Detail)

The Thyrocare Technologies IPO is subscribed 73.55 times on April 29, 2016 11:15:00 PM (Day 3). The public issue subscribed 8.73 times in the retail category, 73.18 times in the QIB category, and 225.3 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid for
QIB73.1821,48,942
NII225.316,11,707
Retail8.7337,60,648
Total73.5575,21,297

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Fees payable to BRLMs 10.99
2 Selling commission and processing fees for SCSBs 0.68
3 Selling commission and bidding charges for the Syndicate Members, Registered Brokers, RTAs and CDPs 0.84
4 Fees payable to Registrar to the Offer 0.02
5 Printing and stationary expenses 1.42
6 Advertising and marketing expenses 9.44
7 Listing fees 0.07
8 SEBI, BSE and NSE processing fees 1.38
9 Fees payable to Legal Counsels 4.16
10 Miscellaneous 3.72

Listing Day Trading Information

Price DetailsBSENSE
Final Issue Price446.00446.00
Open662.00665.00
Low606.00605.80
High665.40665.00
Last Trade618.10618.80

Check IPO Performance…

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Thyrocare Technologies Ltd. Address
D/37-1, TTC Industrial Area
MIDC Turbhe,
Navi Mumbai 400 703
Navi Mumbai, Maharashtra
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IPO FAQs

Thyrocare Technologies IPO is a main-board IPO of 1,07,44,708 equity shares of the face value of ₹10 aggregating up to ₹479 Crores. The issue is priced at ₹446 per share. The minimum order quantity is 33.

The IPO opens on Wed, Apr 27, 2016, and closes on Fri, Apr 29, 2016.

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

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

Steps to apply in Thyrocare Technologies 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 'Thyrocare Technologies 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 Thyrocare Technologies IPO opens on Wed, Apr 27, 2016 and closes on Fri, Apr 29, 2016.

Thyrocare Technologies IPO lot size is 33, and the minimum amount required for application is ₹14,718.

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

The Thyrocare Technologies IPO listing date is on Mon, May 9, 2016.

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