The Deccan Health Care IPO date has been confirmed from December 18, 2018 and ended on December 20, 2018. Read the post to learn about Deccan Health Care IPO GMP.
Deccan Health Care plans to raise Rs 42.12 crores through an initial public offering. The pricing range is ₹95 to ₹100 per share. The minimum lot size for an application is 1200 shares. Retail investors demand a minimum investment of ₹120,000.
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Key Details Of Deccan Health Care IPO:
Bidding Dates
December 18-20
Price Range
₹95 to ₹100 per share
Face Value
INR 10 per share
GMP
₹31.62
Deccan Health Care IPO GMP
The Deccan Health Care Limited IPO GMP is ₹31.62.
IPO Overview
The book-built IPO for Deccan Health Care is priced at Rs 42.12 crores. December 18, 2018, marked the start of the Deccan Health Care IPO bidding process, which concluded on December 20, 2018. On Wednesday, December 26, 2018, the allotment for the Deccan Health Care IPO was finished. The shares were listed on the BSE SME on December 31, 2018. The initial public offering (IPO) pricing range for Deccan Health Care is 95 to 100 per share. To apply, a minimum lot size of 1200 shares is needed. To participate, retail investors must contribute a minimum of $120,000.
Deccan Health Care has also launched online B2C e-commerce portals BeYoungStore.com and StayYoungStore.com to sell its products to clients directly. It has a manufacturing facility at Pantnagar, Rudrapur, Uttarakhand, known as SIDCUL Pantnagar. The company has around 140 distributors and 6100 marketing agents.
Deccan Health Care IPO Details
| IPO Date | December 18, 2018 to December 20, 2018 |
| Listing Date | December 31, 2018 |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹100 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 4,212,000 shares (aggregating up to ₹42.12 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 211,200 shares |
Deccan Health Care Limited Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 30-June-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | |||
| Total Assets | 6,553.38 | 6,292.99 | 4,959.89 | 2,934.45 | ||
| Total Revenue | 859.35 | 3,976.07 | 2,938.94 | 1,617.70 | ||
| Profit After Tax | 245.81 | 1,268.78 | 953.91 | 354.21 | ||
Deccan Health Care IPO Timeline
| IPO Open Date | Tuesday, December 18, 2018 |
| IPO Close Date | Thursday, December 20, 2018 |
| Basis of Allotment | Wednesday, December 26, 2018 |
| Initiation of Refunds | Thursday, December 27, 2018 |
| Credit of Shares to Demat | Friday, December 28, 2018 |
| Listing Date | Monday, December 31, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 20, 2018 |
Company Profile
Deccan Health Care is a Hyderabad-based company that was established in 1996 and produces, distributes, and designs medical supplies. The brands “Be Young” and “Stay Young” represent a premium range of the corporation’s Ayurvedic, cosmeceutical, and nutraceutical products. These products are used for many things, such as immune system stimulation, skin and hair care, heart health, and more. The company offers more than 1500 products. The company offers diacerein, antioxidants, long-chain omega-3 fatty acids, and joint health supplements,
immune-boosting ingredients, skin ageing therapies, rapid energy beverages, calcium supplements, and a male formula. The company sells its products in several forms, such as tablets, capsules, gel, liquids, ointments, powders, pastes, etc.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Deccan Health Care Limited |
| Phone number | +91 040 40144508 |
| Email ID | [email protected] |
| Website | deccanhealthcare.co.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- We must adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Deccan Health Care IPO FAQs
When Deccan Health Care IPO will open?
The Deccan Health Care IPO opens on December 18, 2018 and closes on December 20, 2018.
What is the lot size of Deccan Health Care IPO?
Deccan Health Care IPO lot size is 1200 Shares, and the minimum amount required is ₹120,000.
When is Deccan Health Care IPO listing date?
The Deccan Health Care IPO listing date is on December 31, 2018.
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