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Cian Healthcare Limited IPO (Cian Healthcare IPO) Detail

May 2, 2019 - May 9, 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 9, 2019
Issue TypeBook Built Issue IPO
Issue Size6,216,000 Eq Shares of Rs 10
(aggregating up to Rs 40.00 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 61 - 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 9, 2019
Finalisation of Basis of AllotmentMay 14, 2019
Initiation of RefundsMay 15, 2019
Credit of Shares to Demat Acct:May 16, 2019
IPO Shares Listing Date:May 17, 2019

Cian Healthcare IPO Promoter Holding

Pre Issue Share Holding96.60%
Post Issue Share Holding

Cian Healthcare IPO Prospectus

Cian Healthcare IPO Rating

30
3.8
Rating:Rated 3.8 stars

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Cian Healthcare IPO Reviews / Ratings

Sorry, we couldn't find any reviews, please check back later.

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

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15. RAJAKUMAR  Apr 17, 2019 10:09 I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
Dear Dinesh
First look Artemis seems good.
It coming around 10 pe.
Led Lighting and Led Elec. Appliance.
No Listed peer (As per DRHP)
avatar
15.1. Small Investors  Apr 17, 2019 13:30 I Like It. | Report Abuse
Dear Raja
we also wait Sumicot Ltd a textile base co and LM is Also Pantamath
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15.2. GrowYourMoney  Apr 18, 2019 12:22 I Like It. 3 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Rajkumar
Starlite Components of Nasik is exact peer to Artimies.
Visited both plants two Years back.
Artimies had good infrastructure that time.
Currently not aware of.
avatar
14. GrowYourMoney  Apr 18, 2019 11:30 I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
This message has been removed by a moderator.
avatar
14.1. GrowYourMoney  Apr 18, 2019 11:35 I Like It. 1 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Money is Going to the Promoters through acquisition of own Co.
Need to be cautious.
avatar
13. RAJAKUMAR  Apr 17, 2019 09:44 I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
Dear Small Dinesh
WHITE ORGANIC RETAIL
23 to 25
2k
Price 63 (Approx)
LM Finshore (LM Not like by small)
avatar
13.3. Tally Experts  Apr 17, 2019 11:38 I Like It. | Report Abuse
Finshore is a Worst LM
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13.4. Small Investors  Apr 17, 2019 13:37 I Like It. | Report Abuse
Dear Raja Fundamentals of this co are good and White Organic Agro Limited its Promoters Group but LM is Finchore its a negative
avatar
12. Tally Experts  Apr 17, 2019 11:39 I Like It. | Report Abuse Reply
May be Apply in this ?
avatar
11. RAJAKUMAR  Apr 17, 2019 09:40 I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
Dear Dinesh, small
Artemis Electricals
24 to 30
Band 55 to 60
Lot 2k
LM Fedex
avatar
10. Ramkishan Kulharia  Apr 16, 2019 14:01 I Like It. 1 | Report Abuse Reply
can I apply for cain health care please give me your golden coments
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9. Payal Gangwani  Apr 16, 2019 13:36 I Like It. | Report Abuse Reply
Any Idea For Mindpool Technologies when can going up... I have one lot
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8. SME BADSHAH  Apr 14, 2019 15:38 I Like It. 1 | Report Abuse Reply
Rajakumar:- Preeti Remedies is brought by L.M. Mark not Pantomarh.
avatar
8.1. RAJAKUMAR  Apr 16, 2019 10:50 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
yes sir
avatar
7. Priyansh Agrawal  Apr 15, 2019 19:26 I Like It. | Report Abuse Reply
Dear Rajkumar and Dinesh polycab listing tomorrow 16 april
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6. Priyansh Agrawal  Apr 14, 2019 13:19 I Like It. | Report Abuse Reply
Dear Raja you are king of all board member
avatar
6.1. Small Investor  Apr 14, 2019 20:29 I Like It. | Report Abuse
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Good Company
avatar
5. RAJAKUMAR  Apr 14, 2019 10:08 I Like It. 1 | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
Dear Dinesh
31 Mar 2018 Eps is 2.3 Sep. 30 2018 is Rs.2,3 (If annualised means around 6 Eps on Mar 2019)
RONW 22.5% as on 31Mar 2018
NAV 122 as on 31 Mar 2018 and 159 as on Sep 2018 (Pre Bonus)
Post Bonus Nav is Just Rs. 13 as on 30 Sep. 2018. Company utilised all reserves as bonus before public issue.
Deccan trading 12 pe
Zota trading 62 pe
Sakar 21 pe
Jenburkt 12 pe (DRHP PAGE 96)
According to Splendid it coming at Rs. 65 so it oomes at par with Deccan.
Firrst Look seems not ok .
LM is Fedex.
Shareholders Fund 22Cr.
But Long Term Borrowings 24Cr. and Short Term Borrowing 20 Cr.
So Total borrowing 45 Cr. Debt Equity Ratio is 2:1
In Sme stock we can not predict which stock going to list with premium.


avatar
5.1. Dinesh Singh  Apr 14, 2019 14:59 I Like It. | Report Abuse
Thanks Raja for your detailed analysis.
It will help many boarders.
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4. RAJAKUMAR  Apr 14, 2019 10:17 I Like It. 1 | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
Dear Small Dinesh, splendid, Pryanka Meghwal
Suich Ind coming this month end. LM Pantamoth.
Pantamoth other issues lined up
Gensol eng
Preeti Remedies
MDC
avatar
3. RAJAKUMAR  Apr 14, 2019 10:12 I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
Dear Dinesh
Lets wait till last day of subscription and decide. No Pantamoth and H P
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2. Splendid  Apr 13, 2019 21:35 I Like It. | Report Abuse Reply
Date-: 24 to 29 April
Price Band-: 61-65
Lot size-: 2000
avatar
1. Dinesh Singh  Apr 13, 2019 20:11 I Like It. | Report Abuse Reply
Dear Raja,
Your views on this stock.




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