Cian Healthcare Limited IPO
BSE SME₹ 244000 /4000 Shares
*Min Investment
02 May, 2019
Open Date15 May, 2019
Close Date22 May, 2019
Allotment Date23 May, 2019
Listing DateIPO Issue Details
- Issue Price Rs 61/- to Rs 65/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh issue of 62,16,000 Equity Shares of Rs 10/- at a price of Rs 61/- to Rs 65/- per share aggregating to Rs 40 Cr
- Listing at BSE SME
- Lead Manager Fedex Securities Limited
- Registrar Bigshare Services Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Cian Healthcare Limited IPO is an SME IPO, priced at Rs 61/- to Rs 65/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from May 2, 2019 to May 15, 2019. The allotment is expected to be finalized on May 22, 2019, and the tentative listing date is May 23, 2019.
The registrar of the IPO is Bigshare Services Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 29,50,000 | 29,50,000 | 59,00,000 |
Day 1 - 02-05-19 | 1,62,000 0.05 x | 80,000 0.03 x | 2,42,000 0.04 x |
Day 2 - 03-05-19 | 2,90,000 0.10 x | 2,42,000 0.08 x | 5,32,000 0.09 x |
Day 3 - 06-05-19 | 7,82,000 0.27 x | 4,38,000 0.15 x | 12,20,000 0.21 x |
Day 4 - 07-05-19 | 11,76,000 0.40 x | 5,12,000 0.17 x | 16,88,000 0.29 x |
Day 5 - 08-05-19 | 13,56,000 0.46 x | 6,14,000 0.21 x | 19,70,000 0.33 x |
Day 6 - 09-05-19 | 17,44,000 0.59 x | 4,98,000 0.17 x | 22,42,000 0.38 x |
Day 9 - 14-05-19 | 21,48,000 0.73 x | 7,00,000 0.24 x | 28,48,000 0.48 x |
Day 10 - 15-05-19 | 56,42,000 1.91 x | 17,52,000 0.59 x | 73,94,000 1.25 x |
Valuations
IPO - Issue Objectives
Upgradation Of existing plant i.e. Unit 1 Situated at Roorkee, Uttarakhand, India.
Margin Money For Setting up of manufacturing Facility i.e Unit 2 Situated at Roorkee, Uttarakhand, India
Enhancement of the company's brand through advertising and other brand-building activities.
Long term working capital requirements
Acquisitions and other strategic initiatives
General corporate Purpose.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Cian Healthcare Limited | 4.39 | 40.42 | 22.36% | 59.59 |
| Deccan Healthcare Limited | 3.70 | 10.67 | 34.78% | 39.76 |
| Zota Healthcare Limited | 6.96 | 66.91 | 10.42% | 77.85 |
| Sakar Healthcare Limited | 1.67 | 20.51 | 8.15% | 53.60 |
| Jenburkt Pharmaaceuticals Limited | 3.68 | 12.14 | 28.10% | 118.07 |
IPO - FAQs
Ans. Cian Healthcare Limited IPO is a SME IPO. The issue is priced at Rs 61/- to Rs 65/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on May 2, 2019, and closes on May 15, 2019. Bigshare Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Cian Healthcare Limited IPO opens on May 2, 2019 and closes on May 15, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Cian Healthcare Limited IPO is Fresh issue of 62,16,000 Equity Shares of Rs 10/- at a price of Rs 61/- to Rs 65/- per share aggregating to Rs 40 Cr.
Ans. The Cian Healthcare Limited IPO price band is set between Rs 61/- to Rs 65/- Per Equity Share .
Ans. To apply for Cian Healthcare Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Cian Healthcare Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Cian Healthcare Limited IPO is May 22, 2019.
Ans. The Cian Healthcare Limited IPO will be listed on May 23, 2019.
Ans. Follow the steps to check the Cian Healthcare Limited IPO allotment status online.
