Gian Life Care Limited IPO
BSE SME₹ 264000 /12000 Shares
*Min Investment
31 Dec, 2019
Open Date03 Jan, 2020
Close Date08 Jan, 2020
Allotment Date13 Jan, 2020
Listing DateIPO Issue Details
- Issue Price Rs 22/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh Issue of 14,16,000 Equity Shares of Rs 10/- at price of Rs 22/- with aggregating up to Rs 3.12 Cr
- Listing at BSE SME
- Lead Manager Hem Securities Limited
- Registrar Cameo Corporate Services Limited
IPO Details
- Retail Portion N/A
IPO Details
Gian Life Care Limited IPO is an SME IPO, priced at Rs 22/- 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 Dec 31, 2019 to Jan 3, 2020. The allotment is expected to be finalized on Jan 8, 2020, and the tentative listing date is Jan 13, 2020.
The registrar of the IPO is Cameo Corporate Services Limited , and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 6,72,000 | 6,72,000 | 13,44,000 |
Day 1 - 31-12-19 | 84,000 0.13 x | 12,000 0.02 x | 96,000 0.07 x |
Day 2 - 01-01-20 | 11,04,000 1.64 x | 42,000 0.06 x | 11,46,000 0.85 x |
Day 3 - 02-01-20 | 11,28,000 1.68 x | 1,62,000 0.24 x | 12,90,000 0.96 x |
Day 4 - 03-01-20 | 12,84,000 1.91 x | 5,22,000 0.78 x | 18,06,000 1.34 x |
Valuations
IPO - Issue Objectives
To open processing center in nearby cites of Kanpur (Jhansi, Banda, Faizabad, Unnao)
To purchase advanced machinery and equipment
Repayment/pre-payment, of certain borrowings availed by the Company
To meet Working Capital requirements
General Corporate Purpose
To meet issue expenses
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Gian Life Care Limited | 1.65 | 21.36 | NA | 7.98 |
| Dr Lal Path Labs Limited | 11.95 | 54.80 | 21.81% | 1249.4 |
| Thyrocare Technologies Limited | 7.20 | 25.80 | 27.91% | 412.86 |
| Dr Lalchandani Labs Limited | 0.99 | 9.18 | 7.90% | 5.26 |
IPO - FAQs
Ans. Gian Life Care Limited IPO is a SME IPO. The issue is priced at Rs 22/- Per Equity Share . The minimum order quantity is 6000 Shares. The IPO opens on Dec 31, 2019, and closes on Jan 3, 2020. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Gian Life Care Limited IPO opens on Dec 31, 2019 and closes on Jan 3, 2020.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Gian Life Care Limited IPO is Fresh Issue of 14,16,000 Equity Shares of Rs 10/- at price of Rs 22/- with aggregating up to Rs 3.12 Cr.
Ans. The Gian Life Care Limited IPO price band is set between Rs 22/- Per Equity Share .
Ans. To apply for Gian Life Care Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Gian Life Care 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 Gian Life Care Limited IPO is Jan 8, 2020.
Ans. The Gian Life Care Limited IPO will be listed on Jan 13, 2020.
Ans. Follow the steps to check the Gian Life Care Limited IPO allotment status online.
