Lotus Eye Care IPO is a Rs 38.00 crore book-built issuance. Lotus Eye Care’s initial public offering (IPO) began on June 12, 2008 and ended on June 20, 2008. On July 11, 2008, the shares were listed on the BSE and NSE. The Lotus Eye Care IPO pricing range is established at 36 to 38 cents per share. An application requires a minimum lot size of 150 shares. Retail investors must make a minimum investment of $5,700.
Lotus Eye Care Hospital Limited is a Coimbatore-based eye care hospital chain that was founded in 1997. Lotus Eye Care Hospitals own and run four eye care hospitals in southern India, two in Coimbatore, one in Salem, and one in Tirupur. Lotus Eye Care’s main hospital is situated on 1.2 acres of good land in Peelamedu (Coimbatore), Tamil Nadu. This service is advantageous to patients in Tamil Nadu, Kerala, and Karnataka’s Western and Northern districts. Lotus has joined the Limca Book of Records for holding the world’s first international ophthalmic
conference at sea. Lotus’ revenue comes from outpatient, daycare, and inpatient hospital services, as well as retail sales in the pharmacy and optical
Lotus Eye Care IPO Details
| IPO Date | June 12, 2008 to June 20, 2008 |
| Listing Date | July 11, 2008 |
| Face Value | ₹10 per share |
| Price Band | ₹36 to ₹38 per share |
| Lot Size | 150 Shares |
| Total Issue Size | 10,000,000 shares (aggregating up to ₹38.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Lotus Eye Care IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹5,700 |
| Retail (Max) | 35 | 5250 | ₹199,500 |
Lotus Eye Care Company Financials
| Particulars | 30-Sept-07 | 31-Mar-07 | 31-Mar-06 | 31-Mar-05 | 31-Mar-04 | 31-Mar-03 |
|---|---|---|---|---|---|---|
| Total Income | 505.10 | 729.90 | 296.90 | 223.44 | 173.59 | 112.76 |
| Profit After Tax (PAT) | 99.08 | 128.68 | 51.94 | -4.27 | 28.17 | -1.35 |
Objects of the Issue (Lotus Eye Care IPO Objectives)
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
- To finance expansion of the existing facilities;
- To finance establishing new centers with latest technology;
- To meet working capital requirement;
- General Corporate Purposes;
- Meeting the Public Issue Expenses.
Lotus Eye Care IPO Listing Details
| Listing Date | July 11, 2008 |
| BSE Script Code | 532998 |
| NSE Symbol | LOTUSEYE |
| ISIN | INE947I01017 |
| Final Issue Price | ₹38 per share |
Lotus Eye Care Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹38.00 | ₹38.00 |
| Open | ₹35.00 | ₹40.00 |
| Low | ₹32.05 | ₹32.50 |
| High | ₹38.95 | ₹40.00 |
| Last Trade | ₹35.50 | ₹35.65 |
Lotus Eye Care Hospital Limited Contact Details
Lotus Eye Care Hospital Limited
S.F.No.770/12,
Civil Aerodrome Post,
Avinashi Road, Coimbatore � 641014
Phone: 0422-2626464
Email: lotuseye@eth.net
Website: http://www.lotuseye.org
Lotus Eye Care IPO Registrar
S.K.D.C Consultants Limited
Phone: 91-422-6549995, 2539835-36
Email: info@skdc-consultants.com
Website: http://www.skdc-consultants.com
Lotus Eye Care IPO FAQs:
Q1. What is Lotus Eye Care IPO?
Ans. Lotus Eye Care IPO is a main-board IPO of 10,000,000 equity shares of the face value of ₹10 aggregating up to ₹38.00 Crores. The issue is priced at ₹36 to ₹38 per share. The minimum order quantity is 150 Shares. The IPO opens on June 12, 2008, and closes on June 20, 2008. S.K.D.C Consultants Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Q2. When Lotus Eye Care IPO will open?
Ans. The Lotus Eye Care IPO opens on June 12, 2008 and closes on June 20, 2008.
Q3. What is the lot size of Lotus Eye Care IPO?
Ans. Lotus Eye Care IPO lot size is 150 Shares, and the minimum amount required is ₹5,700.
Q4. When is Lotus Eye Care IPO allotment?
Ans. The finalization of Basis of Allotment for Lotus Eye Care IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
Q5. When is Lotus Eye Care IPO listing date?
Ans. The Lotus Eye Care IPO listing date is on July 11, 2008.
