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Cian Healthcare Limited IPO (Cian Healthcare IPO) Detail

May 2, 2019 - May 15, 2019

Incorporated in 2003, Cian Healthcare Limited is a multinational manufacturing company certified by WHO-GMP & ISO -9001:2015 and Food and Drug Control Administration to work in the area of Food supplement, Sexual Wellness, Cosmeceuticals, Nutraceutical, Ayurvedic, and Pharmaceutical products. The manufacturing process of the company complies with the prescribed rules and regulations of the World Health Organization.

The company is engaged in developing, manufacturing and commercialising the pharmaceutical products under 12 therapeutic divisions and 10 sales division. The company operates the business under the brand and is also involved in government supplies, export and third-party manufacturing activities.

Products:
The product list of the company includes Sachet, Gels, Lotions, Creams, Ointments, Liquid Orals, Capsules, and Tablets. Apart from this, the company also owns a special licence to manufacture veterinary products such as Venky's and SAVAvet. The company manufactures pharmaceutical products for both the foreign and domestic markets.

Category wise sales:
As on 31st March 2018, the total company sale was comprising 37% from contract manufacturing, 24% from government supplies, 23% from franchise business, and 16% from export sales.

The competitive strengths of the company are:

1. PAN India presence
2. Promoters' 15 years of experience in the field
3. Good purchasing power
4. Strong distribution network
5. Low-cost operations

Company Promoters:

Suraj Zanwar & Kavita Zanwar are the promoters of the company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 8,590.11 7,762.47 6,127.82 5,681.81
Total Revenue 4,407.21 5,941.70 5,178.32 4,668.21
Profit After Tax 525.03 375.65 223.64 137.20

Objects of the Issue:

The Company proposes to utilize the Net Proceeds from the issue towards the following objects:

1. Upgradation of existing plant i.e. Unit 1 situated at Roorkee, Uttarakhand, India
2. Margin Money for Setting up of manufacturing facility i.e. Unit 2 situated at Roorkee, Uttarakhand, India
3. Enhancement of the Company's brand through advertising and other brand-building activities
4. Long term working capital requirements
5. Acquisitions and other strategic initiatives
6. General corporate purposes

Cian Healthcare IPO Details

Issue OpenMay 2, 2019 - May 15, 2019
Issue TypeBook Built Issue IPO
Issue Size6,216,000 Eq Shares of Rs 10
(aggregating up to Rs 37.92 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 59 - Rs 65 Per Equity Share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtBSE SME

Cian Healthcare IPO Tentative Date / Timetable

Bid/Offer Opens OnMay 2, 2019
Bid/Offer Closes OnMay 15, 2019
Finalisation of Basis of AllotmentMay 20, 2019
Initiation of RefundsMay 21, 2019
Credit of Shares to Demat Acct:May 22, 2019
IPO Shares Listing Date:May 23, 2019

Cian Healthcare IPO Promoter Holding

Pre Issue Share Holding96.60%
Post Issue Share Holding

Cian Healthcare IPO Subscription Status (Bidding Detail)

Cian Healthcare IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

2,950,000

2,950,000

5,900,000

May 15, 2019 18:50

1.91x

0.59x

1.25x

Cian Healthcare IPO Prospectus

Cian Healthcare IPO Rating

171
3.9
Rating:Rated 3.9 stars

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Cian Healthcare IPO Listing Date

Listing DateThursday, May 23, 2019
BSE Script Code542678
NSE Symbol
Listing InMT
ISININE05BN01019
Issue PriceRs 61 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE SME
Rs 61.00
Rs 62.00
Rs 58.90
Rs 62.90
Rs 61.50
720,000

Cian Healthcare IPO Reviews / Ratings

Company Contact Information

Cian Healthcare Limited
Milkat No. 3339, Block No.1,
From South Side, C.S.No.227 /2 + 3A, Harpale Park,
Opp Berger Paint, Phursungi, Pune- 412308

Phone: 020-41471234 /265
Email: cs@cian.co
Website: https://www.cian.co/

Cian Healthcare IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: investor@bigshareonline.com
Website: http://www.bigshareonline.com

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Cian Healthcare IPO Review / Comments

Multibagger Finders
59. Multibagger Finders  May 24, 2019 00:49 I Like It. | Report Abuse
HP is also managing Kranti industries. Regualry the stock has good volume & stock does not go below Rs 37. Might touch 50 in near term.
FUNDINGTOUCH
59.1. FUNDINGTOUCH  Jun 2, 2019 17:22 I Like It. | Report Abuse
HP NOT INVOLVE IN KRANTI ....DONT SEND WRONG MESSAGE.
Carn Mohan
58. Carn Mohan  May 23, 2019 11:06 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Lead manager poor
Priyansh Agrawal
57. Priyansh Agrawal  May 23, 2019 10:37 I Like It. | Report Abuse
Sold at 62
medge
56. medge  May 23, 2019 10:01 I Like It. 1 | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Sold at 62, now no buyers
SMEs are risk business
Darsh ipo
55. Darsh ipo  May 23, 2019 10:01 I Like It. | Report Abuse
Pre open set @62 rs...now only seller...no buyer
medge
54. medge  May 23, 2019 09:28 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Dear Admin,

what is listing date of CIAN? unable to get pre listing details

Thanks,
Bhanudas
Dinesh Singh
54.1. Dinesh Singh  May 23, 2019 09:30 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
It is pre open at 59.
Can be seen on BSE SITE.
medge
54.2. medge  May 23, 2019 09:44 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Thank You Dinesh Sir
Priyansh Agrawal
53. Priyansh Agrawal  May 21, 2019 20:07 I Like It. | Report Abuse
Dear all member plz your views about listing
Ballu bhai
52. Ballu bhai  May 21, 2019 18:20 I Like It. | Report Abuse
Any other new listings in the sme space ?
papon
52.1. papon  May 21, 2019 19:25 I Like It. | Report Abuse
After election result
Darsh ipo
51. Darsh ipo  May 21, 2019 14:28 I Like It. 2 | Report Abuse
Allotment @61... list around 64 to 65 range
Priyansh Agrawal
51.1. Priyansh Agrawal  May 21, 2019 14:44 I Like It. | Report Abuse
I apply rs. 65 and allotment rs. 61 then 4x2000 refund plz reply?
papon
51.2. papon  May 21, 2019 16:20 I Like It. | Report Abuse
Rs 122000 amount will be debited and remaining amount lien will be removed as happened in my case.
Carn Mohan
50. Carn Mohan  May 16, 2019 11:11 I Like It. 2 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
I didn't apply, but I think bumper listing.
Priyansh Agrawal
50.1. Priyansh Agrawal  May 21, 2019 13:52 I Like It. | Report Abuse
Ye kya majak h
papon
50.2. papon  May 21, 2019 14:29 I Like It. | Report Abuse
It's not majak, its insult to mentor tag by Chittorgarh. We don't expect this from a mentor
Carn Mohan
49. Carn Mohan  May 21, 2019 12:37 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Applied 2 applications but both rejected I don't know why.
papon
49.1. papon  May 21, 2019 13:44 I Like It. | Report Abuse
You told you didn't apply so rejected
Priyansh Agrawal
48. Priyansh Agrawal  May 21, 2019 12:45 I Like It. | Report Abuse
Allotment price?
medge
48.1. medge  May 21, 2019 12:49 I Like It. 1 | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
61
Applied at 61, got allotment
Carn Mohan
47. Carn Mohan  May 20, 2019 00:33 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Modi government a Rahi hi ₹100 Kay upper open hoga
papon
47.1. papon  May 20, 2019 14:30 I Like It. | Report Abuse
Atleast we will go with positive bias on listing day.
Darsh ipo
46. Darsh ipo  May 19, 2019 14:34 I Like It. | Report Abuse
Allotment rate 61 or 62 rs. ayega..
Priyansh Agrawal
46.1. Priyansh Agrawal  May 19, 2019 16:40 I Like It. 1 | Report Abuse
61 rs. Hi ayega
RAJAKUMAR
45. RAJAKUMAR  May 17, 2019 16:41 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
No body discussed reg H.. P... stake at the time of ipo. I am saying GKP PRINTING CO., H.P holding is 11%. If knows at the time of ipo means i certainly apply atleast two lot. Really costly miss.
Priyansh Agrawal
45.2. Priyansh Agrawal  May 18, 2019 14:44 I Like It. | Report Abuse
I apply in this sme but reject invalid demat a/c
Priyansh Agrawal
45.3. Priyansh Agrawal  May 18, 2019 14:45 I Like It. | Report Abuse
Gkp sme
medge
44. medge  May 15, 2019 21:04 I Like It. 1 | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Cummulative Bid and Quantity for CIAN HEALTHCARE LIMITED
At BSE-NSE
Last updated on
Wednesday, May 15 , 2019 6:30:00 PM
Price ()      Quantity
59.00      73,94,000
60.00      73,84,000
61.00      73,78,000
62.00      34,10,000
63.00      34,04,000
64.00      34,04,000
65.00      34,04,000
Cut-off      7,92,000
RAJAKUMAR
44.3. RAJAKUMAR  May 17, 2019 14:49 I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Medge
As per your data it will issue price to be or can be fix at 61
medge
44.4. medge  May 17, 2019 17:29 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Thank You SIr
papon
43. papon  May 16, 2019 18:09 I Like It. 2 | Report Abuse
Same happen recently with Artemis electricals & lead manager is also same but difference is qib subscription.
papon
42. papon  May 16, 2019 18:05 I Like It. 2 | Report Abuse
It has got more money in hni category that par drugs. Let see. Also depends on exit poll plus lead figure on counting upto 10 am on thrusday
papon
41. papon  May 16, 2019 18:01 I Like It. 2 | Report Abuse
Extended ipo 9 out of 10 list at premium. When ipo is not fully subscribe means no demand but what has changed in next three days that suddenly there is demand that it got subscribe fully & hni almost 2 times. Operator moneys gets in here so 90% chance of positive to bumber listing
Priyansh Agrawal
40. Priyansh Agrawal  May 15, 2019 19:12 I Like It. | Report Abuse
Dear pappon your bid price?
papon
40.1. papon  May 15, 2019 22:07 I Like It. | Report Abuse
Always cut off from my side. Had bad experience bidding at lower price earlier



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