The Deccan Health Care IPO date has been confirmed from December 18, 2018 and ended on December 20, 2018.
Using an IPO, Deccan Health Care is seeking to raise Rs 42.12 crores. Its price band is set at ₹95 to ₹100 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹120,000.
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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 Deccan Health Care IPO is a book-built offering for Rs 42.12 crores. Bidding for the Deccan Health Care IPO began on December 18, 2018 and finished on December 20, 2018. The Deccan Health Care IPO allotment was completed on Wednesday, December 26, 2018. On December 31, 2018, the shares were listed on the BSE SME. The price range for the Deccan Health Care IPO is set at 95 to 100 per share. A minimum lot size of 1200 Shares is required for an application. Retail investors must make a minimum investment of $120,000 to participate.
Deccan Health Care has also established online B2C e-commerce platforms BeYoungStore.com and StayYoungStore.com to offer its products to customers directly. It has a manufacturing facility in Pantnagar, Rudrapur, Uttarakhand, called SIDCUL Pantnagar. The company has about 140 distributors and approximately 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, founded in 1996, is a Hyderabad-based firm that develops, manufactures, and markets healthcare goods. Under the brand names ‘Be Young’ and ‘Stay Young,’ the company offers a premium variety of nutraceutical, cosmeceutical, and Ayurvedic goods. More than 1500 goods are available from the company. These items are utilised for a variety of purposes, including hair care, skin care, heart care, immunity boosting, and so on. The company provides a long-chain omega-3 fatty acid, joint health nutrients, diacerein, antioxidants,
immune boosting components, skin ageing treatments, instant energy drinks, and calcium supplements, as well as a male formula. The company sells their goods in a variety of forms, including tablets, capsules, gel, liquids, ointments, powder, pastes, and so on.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | +91-22-6263 8200 |
| Email ID | ipo@bigshareonline.com |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Deccan Health Care Limited |
| Phone number | +91 040 40144508 |
| Email ID | investors@deccanhealthcare.co.in |
| Website | deccanhealthcare.co.in |
IPO Strenghts
- 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.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
