Unihealth Consultancy IPO Details

Bookbuilding IPO | ₹57 Cr | Listed at NSE SME | Fri, Sep 8, 2023 - Tue, Sep 12, 2023

Unihealth Consultancy IPO Logo

Unihealth Consultancy IPO is a book build issue of ₹56.55 crores. The issue is entirely a fresh issue of 0.43 crore shares of ₹56.55 crore.

Unihealth Consultancy IPO bidding started from Sep 8, 2023 and ended on Sep 12, 2023. The allotment for Unihealth Consultancy IPO was finalized on Sep 15, 2023. The shares got listed on NSE SME on Sep 21, 2023.

Unihealth Consultancy IPO price band is set at ₹132 per share. The lot size for an application is 1,000. The minimum amount of investment required by an retail is ₹1,32,000 (1000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,000 shares), amounting to ₹2,64,000.

Unistone Capital Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Rikhav Securities Ltd..

Refer to Unihealth Consultancy IPO RHP for detailed Information.

IPO Open

Fri, Sep 8, 2023

IPO Close

Tue, Sep 12, 2023

Issue Price

₹132 per share

Market Cap (Pre-IPO)

₹203.28 Cr

IPO Details

IPO Date8 to 12 Sep, 2023
Listed onThu, Sep 21, 2023
Face Value10 per share
Price Band₹126 to ₹132
Issue Price₹132 per share
Lot Size1,000 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtNSE SME

Total Issue Size42,84,000 shares
(agg. up to ₹57 Cr)
Reserved for Market Maker
2,16,000 shares
(agg. up to ₹3 Cr)
Rikhav Securities Ltd.
Fresh Issue
(Ex Market Maker)
40,68,000 shares
(agg. up to ₹54 Cr)
Net Offered to Public40,68,000 shares
(agg. up to ₹54 Cr)
Share Holding Pre Issue1,11,15,952 shares
Share Holding Post Issue1,53,99,952 shares
NSE Symbol UNIHEALTH
ISININE0PRF01011

IPO Timetable

Issue Reservation

Unihealth Consultancy IPO comprises a total issue size of 42,84,000 shares. The net offer to the public is 40,68,000 shares, after excluding 2,16,000 shares allotted on a firm basis. Of the Net offer 20,33,000 (49.98%) are allocated to QIB, 6,11,000 (15.02%) allocated to NII 14,24,000 (35.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 20,33,00049.98%47.46%
  − Anchor Investor Shares Offered 12,18,00028.43%
  − QIB (Ex. Anchor) Shares Offered 8,15,00019.02%
NII (HNI) Shares Offered 6,11,00015.02%14.26%
Retail Shares Offered 14,24,00035.00%33.24%
Firm Reservations
Market Maker Shares Offered 2,16,0005.04%
Total Shares Offered 42,84,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 1,000 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 1,000 ₹1,32,000
Retail (Max) 1 1,000 ₹1,32,000
HNI (Min) 2 2,000 ₹2,64,000
IPO Subscription Details

IPO Anchor Investors

Unihealth Consultancy IPO raises ₹16.08 crore from anchor investors. Unihealth Consultancy IPO Anchor bid date is September 7, 2023.
📝 Anchor Investors Letter (PDF)

Bid DateThu, Sep 7, 2023
Shares Offered12,18,000
Anchor Portion (₹ Cr.)16.08
Anchor lock-in period end date for 50% shares (30 Days)Sun, Oct 15, 2023
Anchor lock-in period end date for remaining shares (90 Days)Thu, Dec 14, 2023

About Unihealth Consultancy Ltd.

Incorporated in 2010, Unihealth Consultancy Limited is a healthcare service provider based out of Mumbai, India, and has an operational presence in multiple countries across the African continent.

Unihealth Consultancy's business segments include Medical Centres, Hospitals, Consultancy Services, Distribution of Pharmaceutical and medical Consumable Products, and Medical Value Travel. It operates a combined capacity of 200 operational hospital beds across two multi-specialty facilities i.e. UMC Victoria Hospital in Kampala, Uganda, has a bed strength of 120 beds, and UMC Zhahir Hospital in Kano, Nigeria has a bed strength of 80 beds. In addition to these, it operates 'Unihealth Medical Centre' a dedicated dialysis facility, in Mwanza, Tanzania.

The company is currently providing Project Management Consultancy Services to set up a 300+ bedded Health City in Undri, Pune (Maharashtra, India) for PHRC Lifespaces Organization along with a few other healthcare consultancy projects in Kenya and Angola.

Unihealth Pharmaceuticals Private Limited, a subsidiary of the company, is in the business of procuring and exporting pharmaceutical and medical consumable products. The Company exports and supplies these products mainly to Victoria Hospital Limited (Joint Venture of Unihealth Consultancy Limited) in Uganda, UMC Global Health Limited (Joint-Venture of Unihealth Consultancy Limited) in Nigeria and 114 Biohealth Limited (Subsidiary of Unihealth Consultancy Limited) in Tanzania.

The company's clientele comes from countries like India, Uganda, Nigeria & Tanzania, Kenya, Zimbabwe & Angola and Ethiopia, Mozambique & DR Congo.

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets78.3364.7958.39
Total Income46.0337.9328.64
Profit After Tax7.683.825.01
NET Worth26.1314.7910.70
Reserves and Surplus26.1313.459.36
Total Borrowing39.2738.0138.71
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 Investment in our joint venture, Victoria Hospital Limited (VHL), Kampala, Uganda for funding its capital expenditure requirements for proposed expansion and working capital requirements of VHL 17.00
2 Investment in our joint venture, UMC Global Health Limited (UMCGHL), Nigeria for funding its capital expenditure requirements for proposed expansion; 4.60
3 Investment in our subsidiary, Biohealth Limited (BL), Tanzania for funding its capital expenditure requirements for proposed expansion; and 15.88
4 General corporate purposes 10.93

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)6.94
P/E (x)19.0226.56
Promoter Holding95.32%
Market Cap203.28 Cr.
The Promoters of the company are Dr. Anurag Shah and Dr. Akshay Parmar.

IPO Review

[Dilip Davda]
The company has healthcare services/product distribution centres in India and the African continent. Considering the business tie-ups between India and Africa on healthcare, this company is poised for bright prospects ahead. FY23 financial performance hints at the opportunities lying ahead. Investors may park funds for short to long-term rewards.
Read detail review...

Unihealth Consultancy IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers1000
Members0010

Unihealth Consultancy IPO Subscription Status (Bidding Detail)

The Unihealth Consultancy IPO is subscribed 18.22 times on September 12, 2023 7:29:00 PM (Day 3). The public issue subscribed 24.61 times in the retail category, 5.97 times in the QIB category, and 37.65 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid for
QIB5.9720,34,0001,21,50,000
NII*37.656,10,2002,29,71,000
Retail24.6114,23,8003,50,44,000
Total18.2238,52,0007,01,65,000

Total Application : 35,044

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Issue relating expenses such as fees to Book Running Lead Manager Fixed Fee, Registrar to the Issue, Legal Advisors, Auditors, statutory advertisements and other expenses incurred / to be incurred including promotional expenses 1.72
2 Selling and marketing fees, Underwriting commission, brokerage (including Commission/ processing fees for SCSBs, Sponsor Bank, Members of the Syndicate, Registered Brokers, RTAs and CDPs 6.06
3 Listing fees, Stock Exchange processing/ listing fees, software fees, Depositories’ fees, other regulatory expenses and sundry expenses 0.36

Listing Day Trading Information

Price DetailsNSE SME
Final Issue Price132.00
Open135.00
Low130.25
High141.75
Last Trade133.00

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Unihealth Consultancy Ltd. Address
H-13 & H-14, Everest,
9th Floor,
156 Tardeo Road,
Mumbai, Maharashtra, 400034
Open an Instant Account with Zerodha

IPO FAQs

Unihealth Consultancy IPO is a SME IPO of 42,84,000 equity shares of the face value of ₹10 aggregating up to ₹57 Crores. The issue is priced at ₹132 per share. The minimum order quantity is 1000.

The IPO opens on Fri, Sep 8, 2023, and closes on Tue, Sep 12, 2023.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

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

Steps to apply in Unihealth Consultancy 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 'Unihealth Consultancy 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 Unihealth Consultancy IPO opens on Fri, Sep 8, 2023 and closes on Tue, Sep 12, 2023.

Unihealth Consultancy IPO lot size is 1000, and the minimum amount required for application is ₹1,32,000.

You can apply in Unihealth Consultancy 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 Unihealth Consultancy IPO will be done on Friday, September 15, 2023, and the allotted shares will be credited to your demat account by Wed, Sep 20, 2023. Check the Unihealth Consultancy IPO allotment status.

The Unihealth Consultancy IPO listing date is on Thu, Sep 21, 2023.

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