Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE | Thu, Jan 31, 2008 - Thu, Feb 7, 2008
Wockhardt Hospitals IPO is a book build issue .
Wockhardt Hospitals IPO bidding started from Jan 31, 2008 and ended on Feb 7, 2008.
Wockhardt Hospitals IPO is set issue price band at ₹225 to ₹260 per share. The lot size for an application is 20 shares. The minimum amount of investment required by an individual investor (retail) is ₹5,200 (20 shares) (based on upper price). The lot size investment for sNII is 39 lots (780 shares), amounting to ₹2,02,800, and for bNII, it is 193 lots (3,860 shares), amounting to ₹10,03,600.
Citigroup Global Markets India Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Wockhardt Hospitals IPO RHP for detailed Information.
IPO Open
Thu, Jan 31, 2008
IPO Close
Thu, Feb 7, 2008
Price Band
₹225 to ₹260
Market Cap (Pre-IPO)
₹2,711.23 Cr
| IPO Date | 31 Jan to 7 Feb, 2008 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹225 to ₹260 |
| Lot Size | 20 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 7,91,90,903 shares |
| Share Holding Post Issue | 10,42,78,000 shares |
Investors can bid for a minimum of 20 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 20 | ₹5,200 |
| Retail (Max) | 38 | 760 | ₹1,97,600 |
| S-HNI (Min) | 39 | 780 | ₹2,02,800 |
| S-HNI (Max) | 192 | 3,840 | ₹9,98,400 |
| B-HNI (Min) | 193 | 3,860 | ₹10,03,600 |
Incorporated in 1991, Wockhardt Hospitals Limited is one of the largest private healthcare services companies in India, based on the number of hospital beds, according to information provided by CRIS-INFAC’s report published in 2007.
Wockhardt Hospitals have a superspecialty focus on core areas such as cardiology and cardiac surgery, orthopedics, neurology and neurosurgery, urology and nephrology and critical care, and specialize in minimally invasive surgery.
In India, they are the only private hospital group associate of Harvard Medical International (“HMI”), a selfsupporting not-for-profit subsidiary of Harvard Medical School. Wockhardt Hospitals is super-specialty hospital in Mumbai is one of the first hospitals in South Asia to have received international accreditation from Joint Commission International ("JCI"). JCI is part of the Joint Commission on Accreditation of Healthcare Organizations, a non-profit corporation that is the largest accreditor of healthcare organizations in the United States.
| Company | Issue Type | Issue Size | Listing Day Close | Listing Gain/Loss % |
|---|---|---|---|---|
| Fortis Healthcare Ltd. | Mainboard | ₹496.76 Cr | ₹100.15 | -7.27% |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Construction, expansion and development of the greenfield and brownfield hospitals of the Company | 569.47 |
| 2 | Prepayment of short term loans of the Company | 285.00 |
| 3 | General corporate purposes including strategic initiatives | |
| 4 | Issue Expenses |
| KPI | |
|---|---|
| RoNW | 22% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 93.75% | 71.2% |
| Market Cap | ₹2,711.23 Cr. |
The Wockhardt Hospitals IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | - | - | - | |
Members are requested to note that the book building issue of WOCKHARDT HOSPITALS LIMITED which was scheduled to close on 5th Feb. 2008, is now extended by 2 days and now the issue will close on 7th Feb. 2008.
As per CNBC-TV18, Wockhardt Hospitals withdraws IPO due to poor response. It plans to refund the IPO money in 15 days.
Lead Manager Reports
Wockhardt Hospitals IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at ₹225 to ₹260. The minimum order quantity is 20.
The IPO opens on Thu, Jan 31, 2008, and closes on Thu, Feb 7, 2008.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Wockhardt Hospitals IPO using UPI as a payment gateway. Zerodha customers can apply in Wockhardt Hospitals IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Wockhardt Hospitals IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Wockhardt Hospitals IPO opens on Thu, Jan 31, 2008 and closes on Thu, Feb 7, 2008.
Wockhardt Hospitals IPO lot size is 20, and the minimum amount required for application is ₹5,200.
You can apply in Wockhardt Hospitals IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Wockhardt Hospitals IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Wockhardt Hospitals IPO allotment status.
The Wockhardt Hospitals IPO listing date is not yet announced. The tentative date of listing is .
