Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Cian Healthcare IPO is a book built issue of Rs 37.92 crores.
Cian Healthcare IPO bidding started from May 2, 2019 and ended on May 15, 2019. The allotment for Cian Healthcare IPO was finalized on Monday, May 20, 2019. The shares got listed on BSE SME on May 23, 2019.
Cian Healthcare IPO price band is set at ₹59 to ₹65 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹130,000.
Fedex Securities Pvt Ltd is the book running lead manager of the Cian Healthcare IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Cian Healthcare IPO RHP for detailed information.
| IPO Date | May 2, 2019 to May 15, 2019 |
| Listing Date | May 23, 2019 |
| Face Value | ₹10 per share |
| Price Band | ₹59 to ₹65 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 6,216,000 shares (aggregating up to ₹37.92 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 316,000 shares |
Cian Healthcare IPO offers 6,216,000 shares. 2,950,000 (47.46%) to NII, 2,950,000 (47.46%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 316,000 (5.08%) |
| NII (HNI) Shares Offered | 2,950,000 (47.46%) |
| Retail Shares Offered | 2,950,000 (47.46%) |
| Total Shares Offered | 6,216,000 (100%) |
Cian Healthcare IPO opens on May 2, 2019, and closes on May 15, 2019.
| IPO Open Date | Thursday, May 2, 2019 |
| IPO Close Date | Wednesday, May 15, 2019 |
| Basis of Allotment | Monday, May 20, 2019 |
| Initiation of Refunds | Tuesday, May 21, 2019 |
| Credit of Shares to Demat | Wednesday, May 22, 2019 |
| Listing Date | Thursday, May 23, 2019 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 15, 2019 |
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹130,000 |
| Retail (Max) | 1 | 2000 | ₹130,000 |
| Lot Size Calculator | |||
Suraj Zanwar & Kavita Zanwar are the promoters of the company.
| Share Holding Pre Issue | 96.60% |
| Share Holding Post Issue |
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
| 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 | |
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
[Dilip Davda] Based on current financial data, the issue appears fully priced. Considering orders on hand, bright prospects post ongoing expansion, CIAN is poised for bright prospects ahead. Investors may consider investment for long term. Read detail review...
The Cian Healthcare IPO is subscribed 1.25 times on May 15, 2019 6:50:01 PM. The public issue subscribed 0.59 times in the retail category, times in the QIB category, and 1.91 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 1.91 |
| Retail | 0.59 |
| Total | 1.25 |
| Listing Date | May 23, 2019 |
| BSE Script Code | 542678 |
| NSE Symbol | |
| ISIN | INE05BN01019 |
| Final Issue Price | ₹61 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹61.00 |
| ₹62.00 |
| ₹58.90 |
| ₹62.90 |
| ₹61.50 |
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/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: investor@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide 
Cian Healthcare IPO is a SME IPO of 6,216,000 equity shares of the face value of ₹10 aggregating up to ₹37.92 Crores. The issue is priced at ₹59 to ₹65 per share. The minimum order quantity is 2000 Shares.
The IPO opens on May 2, 2019, and closes on May 15, 2019.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Cian Healthcare IPO opens on May 2, 2019 and closes on May 15, 2019.
Cian Healthcare IPO lot size is 2000 Shares, and the minimum amount required is ₹130,000.
You can apply in Cian Healthcare 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Cian Healthcare IPO will be done on Monday, May 20, 2019, and the allotted shares will be credited to your demat account by Wednesday, May 22, 2019. Check the Cian Healthcare IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
IPO Mentor (1100+ Posts, 400+ Likes)
IPO Guru (1300+ Posts, 1900+ Likes)
