Hi, Sorry for posting here..but couldnt find a relative avenue.. Did anyone tender your shares for Justdial buy back? I believe definitely some one in this forum are holding shares and submitted your tender form. My DMAT account is with IIFL , but my RM (Relationship manager) says they dont have any info/provision to submit bid from their side. Buy back closing date is March 10, tomorrow and I cant send thru courier. Received Letter of Offer just today, but couldnt find any concrete info to whom should I mail the tender form. so, didn''t send it. They just mentioned Citigroup is Manager to the buy back and Kary vas Registrar to the buy back. When I called Karvy, they asked me to check with the stock broker, IIFL in my case. I called 3 to 4 times to by RM, but he says they cant bid the buy back form.
you should have got the forms in the form it self the have the address u need to fell the form and send .....
TENDER FORM (FOR SHAREHOLDERS HOLDING EQUITY SHARES IN DEMATERIALISED FORM) Date: _____________ To, The Board of Directors Just Dial Limited C/o. Karvy Computershare Private Limited (Unit: â—) Karvy Selenimum Tower B, Plot Number 31 and 32 Financial District, Gachibowli Hyderabad 500 032 Tel: +91 40 6716 2222 Fax: +91 40 2343 1551 Dear Sirs, Sub: Letter of Offer dated â— in relation to the buy-back of up to 10,61,499 Equity Shares of Just Dial Limited (the “Companyâ€) at a price of ` 1,550 per Equity Share (the “Buy-back Offer Priceâ€) payable in cash (the “Buy-backâ€) Dear Sirs, 1. I/We, (having read and understood the Letter of Offer dated â—) hereby tender/ offer my/ our Equity Shares in response to the Buy-back in accordance with the terms and conditions out below and in the Letter of Offer. 2. I/ We authorize the Company to Buy-back the Equity Shares offered (as mentioned below) and as a consequence extinguish the Equity Share certificates. 3. I/ We hereby affirm that the Equity Shares comprised in this tender/ offer are offered for the Buy-back by me / us free from all liens, equitable interest, charges and encumbrance. 4. I / We declare that there are no restraints / injunctions or other order(s) of any nature which limits / restricts in any manner my / our right to tender Equity Shares for Buy-back and that I / we am / are legally entitled to tender the Equity Shares for the Buy-back. 5. I / We agree that the Company is not obliged to accept any Equity Shares offered for Buy-back where loss of Equity Share certificates has been notified to the Company. 6. I / We agree that the Company will pay the Buy-back Offer Price only after due verification of the validity of the documents and that the consideration will be paid as per secondary market mechanism. 7. I / We undertake to return to the Company any consideration in respect of the Buy-back that may be wrongfully received by me / us. 8. I / We undertake to any further documents and give any further assurances that may be required or expedient to give effect to my / our tender / offer and agree to abide by any decision that may be taken by the Company to effect the Buy-back in accordance with the Companies Act, 1956, the Companies Act, 2013 and the rules made thereunder and the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998. 9. I / We authorize the Company to split the Equity Share certificates and issue a new consolidated Equity Share certificate for the unaccepted Equity shares in case the Equity Shares accepted by the Company are less than the Equity Shares tendered in the Buy- back. 10. Details of Equity Shares held and tendered / offered in the Buy-back: Note: An Eligible Person may tender Equity Shares over and above his/her Buy-back Entitlement. Number of Equity Shares validly tendered by any Eligible Shareholder up to the Buy-back Entitlement of such Eligible Shareholder shall be accepted to the full extent. The Equity Shares tendered by any Eligible Shareholder over and above the Buy-back Entitlement of such Eligible Shareholder shall be accepted in accordance with the Letter of Offer. Equity Shares tendered by any Shareholders over and above the number of Equity Shares held by such Eligible Shareholder as on the Record Date shall not be considered for the purpose of Acceptance. Tear along this line Acknowledgement Slip for Just Dial Limited – Buy-back (to be filled by the Eligible Shareholder) (subject to verification) Folio No./ DP ID: _____________________________________________ Client ID__________________________________________ Received from Mr./Ms./M/s. _______________________________________________________ Tender Form Number of Equity Shares offered for Buy-back: In Figures: ________________________________________________________________________________________ In Words: ____________________________________________________ ________________________________________ Please quote Client ID and DP ID. For all future correspondence
BUY-BACK OPENS ON
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â—
BUY-BACK CLOSES ON
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â—
For Registrar
Inward No. Date Stamp
Status: Please tick appropriate box
Individual
Mutual Fund
Insurance Companies
Other QIBs
Company
Other NIB Foreign Institutional Buyer
Financial Institution
In Figures
In Words
Number of Equity Shares held as on the Record Date
Number of Equity Shares Entitled for Buy-back (Buy- back Entitlement) Number of Equity Shares offered for Buy-back
Stamp of Broker 51 11. Details of account with Depository Participant: 12. Equity Shareholders Details: * Corporate must affix rubber stamp Name of the Depository (tick as applicable) NSDL CDSL Name of the Depository Participant DP ID Client ID with Depository Participant
First/Sole Shareholder
Joint Shareholder 1
Joint Shareholder 2
Joint Shareholder 3
Full Name(s) of the Sharheolder
Signature(s)* PAN No.
Address of the First/ Sole Shareholder Telephone No. / Email ID INSTRUCTIONS
actual the business model is little different from conventional hospital model is run under Hub-and-Spoke Model which IMO has lot of spoke of mis management and corporate governance ..... So in lay man term HCG does not own any hospital it owns a brand HCG which it then JV with other big local hospital to run its cancer department....
So the question is will the market pay 1900 crs for the brand name with not much assets to back with it with this model growth can be leveraged big time however each new HCG centre will be JV at different term.....
So given this structure of business model we r paying for brand name so risk is high any standalone JV could break or change....
I am now sitting on fence on this issue given this Hub-and-Spoke Model HCG
http://www.thehindubusinessline.com/markets/stock-markets/healthcare-global-fixes-ipo-price-band-at-rs-205218/article8331560.ece Cancer care provider HealthCare Global Enterprises Ltd (HCG) has announced a price band of Rs. 205-218 for its initial publicoffering (IPO). The IPO will open for subscription on March 16 and close on March 18.
The IPO consists of a fresh issue of up to 1.16 crore equity shares by the company and an offer-for-sale of up to 1.82 crore shares by existing shareholders. The minimum bid lot is 65 equity shares and in multiples of 65 thereafter.
The offer would constitute up to 35.03 per cent of the company’s post-offer paid-up equity share capital. The equity shares would be listed on the BSE and the NSE.
The company proposes to utilise the net proceeds of the fresh issue for purchase of medical equipment, investment in IT software, services and hardware, pre-payment of debt, besides general corporate purposes.
Three-fourths of the issue has been earmarked for institutional investors (QIB), 15 per cent for non-institutional investors (HNIs, trusts, family offices, corporates) and the remaining 10 per cent for retail.
Up to 60 per cent of the QIB portion may be allocated to anchor investors on a discretionary basis, of which one-third will be reserved for domestic mutual funds only (besides an additional five per cent outside the anchor portion).
Kotak Mahindra Capital Company, Edelweiss Financial Services, Goldman Sachs (India), IDFC Securities, IIFL Holdings and Yes Bank are the book-running lead managers and Karvy Computershare, the registrar to the IPO.
HealthCare Global Enterprises (HCG) which runs a chain of 14 cancer care centres across the country is selling 29.8 million shares in a Rs 650 crore initial public offer. The issue opens on March 16 and has a price band of Rs 205-218.
The offer includes fresh issue of 11.6 million shares and is expected to raise Rs 250 crore and an offer for sale for 18.2 million shares by promoters and private equity investors which will raise around Rs 400 crore. Private equity investors selling portion of shares include Azim Premji''s Premji Invest, Temasek and Milestone Religare.
HCG is a doctor-driven enterprise led by oncologist BS Ajai Kumar and has four other doctors on its board. Kumar who is chairperson and chief executive officer founded the first cancer treatment centre in Bengaluru in 1989.
The company plans to the issue proceeds to retire about Rs 170 crore bank debt, purchase of medical equipment and IT services. Currently it has 14 cancer treatment centres including a centre of excellence in Bengaluru while 12 centres are under construction in Mumbai, Kolkata, Kochi, Kanpur, Jaipur and Delhi. The group also runs four fertility centres in Bengaluru and Delhi.
"We have reported 25 per cent CAGR growth in revenue and we are confident of improving our revenue and margins further," said Kumar. At present about five of its centres are generating margins of 25 per cent and Kumar said it would take 4-5 years for newer centres to generate 25 per cent margin.
In FY 15 the company reported a revenue of Rs 524 crore and a net profit of Rs 5.46 crore and for eight months ending November 2015 it reported a revenue of Rs 381 crore.
HCG is also planning a foray in Africa and has already entered into a joint venture with Commonwealth Development Corporation for developing cancer treatment centres in East Africa.
Healthcare Global Enterprises Limited IPO Offer Period Offer Opens On : Wednesday, March 16, 2016 Offer Closes On : Friday, March 18, 2016 Price Band Rs.205 -/- to Rs.218 -/- Bid Lot 65- Equity shares and multiple of 65- Equity Shares Book Running Lead Managers Kotak, Edelweiss, Goldman Sachs, IDFC Sec, IIFL, Yes Bank RHP Link: http://www.kotaksecurities.com/pdf/ipo/HealthCare-Global-Enterprises-Limited-RHP.pdf Registrar Karvy Computershare Private Limited Offer Structure
Issue Size: Up to 29,800,000 shares (Rs. 611 cr to Rs. 650 cr at the above price band) of Which Fresh Issue Up to 11,600,000 shares and Offer for Sale upto 18,200,000 shares (Selling shareholders include Dr. BS Ajaikumar, PI Opportunities Fund I, IL&FS Trust Company Limited A/C Milestone Private Equity Fund, Milestone Army Trust, V-Sciences & others)
QIB’s 75% allocation At least 8,940,000 Equity Shares (Rs. 183 cr to Rs. 195 cr at the above price band) NIB’s 15% allocation Not more than 4,470,000 Equity Shares (Rs. 92 cr to Rs. 97 cr at the above price band) Retail (upto Rs.200,000) 10% allocation Not more than 2,980,000 Equity Shares (Rs. 61 cr to Rs. 65 cr at the above price band) Listing BSE & NSE