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Birla Pacific Medspa Ltd IPO (Birla Pacific Medspa IPO) Detail

Jun 20, 2011 - Jun 23, 2011

Incorporated in 2008, Birla Pacific Medspa Limited is an India based healthcare provider. Birla Pacific Medspa is a joint venture of Yash Birla Group, a Rs 30 billion group of over 20 diversified companies and Pacific Healthcare, East Asia’s leading healthcare provider, with healthcare facilities in Singapore, Hong Kong, and China.

Birla Pacific Medspa provides beauty related medical procedures in India. Using state-of-the-art equipments, the internationally qualified panel of doctors provides patient centric solutions and offers the latest and safest treatments.

Company operates it healthcare centers under the brand name EVOLVE. Company operates 3 healthcare centers in Mumbai and has 2 franchises in Thane and Chennai. Company's expertise includes Cosmetic Dermatology, Cosmetic & Plastic Surgery, General & Specialist Dentistry and Maxillo Facial Prosthesis. It has introduced i-lipo, a non-surgical inch loss treatment, for the first time in India.

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Company Promoters:

Company is promoted by Mr. Yashovardhan Birla and one of his group companies, Birla Wellness & Healthcare Private Limited.

Objects of the Issue:

The objects of the issue are

1. To meet the capital expenditure towards establishing 55 outlets of Evolve Medspa across various cities and places.
2. To meet expenses towards brand promotion.
3. To meet the working capital requirements for running the centers.
4. To meet Issue related expenses.
5. To enlist the Company's Shares on Bombay Stock Exchange Limited (BSE).

Birla Pacific Medspa IPO Details

IPO Opening Date Jun 20, 2011
IPO Closing Date Jun 23, 2011
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹10 to ₹11 per equity share
Market Lot 500 Shares
Min Order Quantity 500 Shares
Listing At BSE
Issue Size65,175,000 Eq Shares of ₹10
(aggregating up to ₹65.18 Cr)

Birla Pacific Medspa IPO Lot Size

The Birla Pacific Medspa IPO market lot size is 500 shares. A retail-individual investor can apply for up to 36 lots (18000 shares or ₹198,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 500 ₹5,500
Maximum 36 18000 ₹198,000

Birla Pacific Medspa Ltd IPO Grading

BWR (Brickworks Ratings India Pvt Ltd) has assigned an IPO Grade 2 to Birla Pacific Medspa IPO. This means as per BWR, company has 'Below Average Fundamentals'. BWR assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Birla Pacific Medspa IPO Grading Report

Birla Pacific Medspa IPO Subscription Status (Bidding Detail)

The Birla Pacific Medspa IPO is subscribed 1.18 times on 6/23/2011 5:00:00 PM. The public issue subscribed 1.82 times in the retail category, 1.04 times in the QIB category, and 0.17 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB1.04
NII0.17
Retail1.82
Total1.18

Birla Pacific Medspa IPO Prospectus

Birla Pacific Medspa IPO Rating

224
3.4
Rating:Rated 3.4 stars
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Birla Pacific Medspa IPO Listing Date

Listing Date Thursday, July 7, 2011
BSE Script Code 533469
NSE Symbol
Listing In B Group of Securities
ISIN INE341L01017
IPO Price ₹10 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹10.00
₹10.10
₹10.10
₹30.70
₹25.35

Company Contact Information

Birla Pacific Medspa Ltd
Dalamal House,
1st Floor, 206, J.B.Marg,
Nariman Point Mumbai – 400 021
Phone: +91-22-6616 8400
Email: ipo@birlapacificmedspa.com
Website: http://www.birlapacificmedspa.com

Birla Pacific Medspa IPO Registrar

Adroit Corporate Services Pvt Ltd

Phone: 91- 22- 2859 6060/2859 4060
Email: veenashetty@adroitcorporate.com
Website: http://www.adroitcorporate.com

Birla Pacific Medspa IPO Reviews / Ratings

Birla Pacific Medspa IPO Lead Manager(s)

Birla Pacific Medspa IPO FAQs

Birla Pacific Medspa IPO is a main-board IPO of 65,175,000 equity shares of the face value of ₹10 aggregating up to ₹65.18 Crores. The issue is priced at ₹10 to ₹11 per equity share. The minimum order quantity is 500 Shares.

The IPO opens on Jun 20, 2011, and closes on Jun 23, 2011.

Adroit Corporate Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

The Birla Pacific Medspa IPO opens on Jun 20, 2011 and closes on Jun 23, 2011.

Birla Pacific Medspa IPO lot size is 500 Shares and the minimum order quantity is 500 Shares.

You can apply in Birla Pacific Medspa IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Birla Pacific Medspa IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Birla Pacific Medspa IPO allotment status.

The Birla Pacific Medspa IPO listing date is on Thursday, July 7, 2011.

Birla Pacific Medspa IPO Message Board

Ranked Members  Ranked Members

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90 Comments

90. seenuipo |Jul 10, 2011 2:10:44 PM
Top Contributor Top Contributor (200+ Posts)
Dear members some our friends are commenting regarding fundamentals and the particular stock does not qualify for exiting price.Then why they dont short the stock and gain money by covering the same at lower level.
There is nothing wrong in that and it is an good and beautiful opportunity.
89. seenuipo |Jul 10, 2011 2:01:38 PM
Top Contributor Top Contributor (200+ Posts)
Hi friends,
The discussions from both sreedhar and Ravi Bangalore are not available for the last 2 months.
What happened.Are they quit IPO market or some thing else.
On the day an IPO which made 200% high and 74% high (very very rare occasions)no comments properly from anybody.
This is actual Deevali.

Somebody still says,it is a dustbin stock .Why so,the currency given by your broker due to profit earned through this is not valid or not.
Please avoid to try to defend the fault for not identifying the trend of the script.(I am requesting all to take sportive and acept failure)One need not act.
88. Ayodhya |Jul 10, 2011 6:32:23 AM
SELL,SELL,SELL. SAVE YOUR MONEY.
AYODHYA
87. gundu anna |Jul 8, 2011 9:17:08 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Birla pacific is third class issue for third class investors!!!!
86. Durai Raj,Tirupur |Jul 8, 2011 2:43:07 PM
Top Contributor Top Contributor (300+ Posts)
Dear KK,

At present, i was not in a Mood of thinking anything else than Orchid, bcoz it's on manipulation again....

Searching for the cause, but don't found anything yet...
85. KK Natarajan |Jul 8, 2011 1:32:40 PM
IPO Mentor IPO Mentor (500+ Posts)
Durai,
On seeing you message I first thought you are trying your hand in writing poetry. But...
84. Durai Raj,Tirupur |Jul 8, 2011 12:07:33 PM
Top Contributor Top Contributor (300+ Posts)
Source: www.arunthestockguru.com
Birla Pacific Medspa belongs to the Yash Birla Group of companies. It started its first Med Spa in November 2008 at Prabhadevi, Mumbai, and is positioned as a one-stop centre offering a range of scientific makeover solutions to enhance beauty.It presently operates healthcare centres under the brand name EVOLVE and has five own EVOLVE entres in Mumbai at Walkeshwar, Bandra, Andheri, Worli and Borivali and two centers on franchise basis at Thane and Chennai. Evolve Med Spa, offers comprehensive reatments in the areas of cosmetic dermatology, cosmetic surgery and advanced dentistry. These include botox, skin tightening, hair removal, breast augmentation and reduction, liposuction, rhinoplasty (nose job), facelift and implant dentistry among others. It also offers a range of spa services — wet and dry under its wellness initiative.Yash Birla Group is not perceived as a very dynamic corporate entity, lacking any commendable track record.The group never ever created any wealth for the hareholders.Negative cashflows,limited operating history,no firm contracts with its doctors asks one to refrain from it.Birla pacific today on some tv channels guided a PAT of 1cr for fy12.Today the scrip ended at 25rs which makes it worth 285crs.Investors who bought the counter today seems to have lost their mind.Why in earth would ou buy something crap with such a high marketcap?To me even if it comes down to 5rs it would remain a sell.Infact ther's more than a chance that it can melt 20% from omorrow onwards.SELL,SELL and SELL.
83. KK Natarajan |Jul 8, 2011 7:28:49 AM
IPO Mentor IPO Mentor (500+ Posts)
SkDash,
I don't I am expert enough to comment on that, but there are different kind of operators in my opinion. Some are paid to generate interest in the counter and keep that going for a few days. In some cases, after the initial interest is generated and when the counter goes up considerably, the operators sell their shares and vanish leaving the retailers who entered high and dry.
Sometimes the prices go up for 2 or 3 days till the time the shares which are shorted come for auction.
82. KK Natarajan |Jul 8, 2011 7:24:14 AM
IPO Mentor IPO Mentor (500+ Posts)
Gane,
I bought at 29.20 and put a stop loss at 24.90. I knew the price was too high, but the buyer seller ratio which was in favour of buyers made me do that.
81. SkDash |Jul 7, 2011 5:59:20 PM
IPO Mentor IPO Mentor (600+ Posts)
KKN-I dont understand the logic of some IPO moving up and down on the same day and some moving up and up (no down) on the day. operatos who have bought during the day must have offloaded their shares and for that price should come down. And also i have seen in such cases, price will be up for min 2-3 days then will fall drastically
80. Gane |Jul 7, 2011 5:56:24 PM
Top Contributor Top Contributor (400+ Posts)
KKN,
At what price did you buy birlapac? As far as I know, it did not drop much and closed at above 25/-

Gane.
79. KK Natarajan |Jul 7, 2011 5:51:55 PM
IPO Mentor IPO Mentor (500+ Posts)
Gane,
People would have caught shorting in the morning, expecting it to breach the issue price. Also there could have been operators, who are there in most of the recent IPOs. See its fate after some days.
78. Gane |Jul 7, 2011 3:34:01 PM
Top Contributor Top Contributor (400+ Posts)
Why there is a huge spike in birla without any reason? I thought this is a crap IPO. But it is rocking.

Gane.
77. REAL INVESTOR |Jul 7, 2011 2:47:53 PM
see my view 68-70 i earn lots of money
76. seenuipo |Jul 7, 2011 2:16:56 PM
Top Contributor Top Contributor (200+ Posts)
AS per one of the great analysts of the country words "invest you will be in sea"
I dont know in what sence of meaning it was told but definately he is in the sea but dont forget there so much of wealth in the sea and one will became owner.

I repeat mass is always wrong.
75. Gane |Jul 7, 2011 1:49:14 PM
Top Contributor Top Contributor (400+ Posts)
I travelled in Birlapacific today and enjoyed the pleasant journey.

Gane.
74. SAJAI |Jul 7, 2011 11:03:31 AM
Manappuram Finance is planning to issue NCD in this month.
73. SkDash |Jul 7, 2011 10:50:19 AM
IPO Mentor IPO Mentor (600+ Posts)
Did mistake in cancelling birla application
72. Tiger n Tiger |Jul 7, 2011 10:48:05 AM
Well done MR. Paresh Patel. You was the only person bullish on Birla.

Keep it up.
71. SkDash |Jul 6, 2011 4:17:49 PM
IPO Mentor IPO Mentor (600+ Posts)
whats the basis, or its a simply guess