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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 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

Cian Healthcare IPO Date May 2, 2019 to May 15, 2019
Cian Healthcare IPO Face Value ₹10 per share
Cian Healthcare IPO Price ₹59 to ₹65 per share
Cian Healthcare IPO Lot Size 2000 Shares
Issue Size6,216,000 shares of ₹10
(aggregating up to ₹37.92 Cr)
Issue Type Book Built Issue IPO
Listing At BSE SME
Company Promoters

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

Cian Healthcare IPO Timeline (Tentative Timetable)

Cian Healthcare IPO opens on May 2, 2019, and closes on May 15, 2019. The Cian Healthcare IPO bid date is from May 2, 2019 10.00 A.M. to May 15, 2019 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

Event Date
Cian Healthcare IPO Opening Date May 2, 2019
Cian Healthcare IPO Closing Date May 15, 2019
Basis of Allotment May 20, 2019
Initiation of Refunds May 21, 2019
Credit of Shares to Demat May 22, 2019
Cian Healthcare IPO Listing Date May 23, 2019

Cian Healthcare IPO Lot Size

The Cian Healthcare IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹130,000).

Application Lots Shares Amount
Minimum 1 2000 ₹130,000
Maximum 1 2000 ₹130,000

Cian Healthcare IPO Promoter Holding

Pre Issue Share Holding 96.60%
Post Issue Share Holding

Cian Healthcare IPO Review

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...

New Cian Healthcare IPO Recommendation by Members

Cian Healthcare IPO Recommendations Details | Post Recommendation | Manage Recommendations

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Cian Healthcare IPO Subscription Status (Bidding Detail)

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)

CategorySubscription (times)
NII1.91
Retail0.59
Total1.25

Cian Healthcare IPO Prospectus

Cian Healthcare IPO Rating

171
3.9
Rating:Rated 3.9 stars
Vote Here ...

Cian Healthcare IPO Listing Date

Listing Date Thursday, May 23, 2019
BSE Script Code 542678
NSE Symbol
Listing In MT Group of Securities
ISIN INE05BN01019
IPO Price ₹61 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹61.00
₹62.00
₹58.90
₹62.90
₹61.50

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

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

Cian Healthcare IPO Reviews / Ratings

Cian Healthcare IPO FAQs

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 order quantity is .

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Cian Healthcare IPO will be done on May 20, 2019, and the allotted shares will be credited to your demat account by May 22, 2019. Check the Cian Healthcare IPO allotment status.

The Cian Healthcare IPO listing date is on Thursday, May 23, 2019.
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Cian Healthcare IPO Message Board

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114 Comments

59. Multibagger Finders |   Link |May 24, 2019 12:49:06 AM
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.
59.1. FUNDINGTOUCH |   Link |Jun 2, 2019 5:22:43 PM
HP NOT INVOLVE IN KRANTI ....DONT SEND WRONG MESSAGE.
58. Carn Mohan |   Link |May 23, 2019 11:06:35 AM
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Lead manager poor
57. Priyansh Agrawal |   Link |May 23, 2019 10:37:46 AM
Sold at 62
56. medge |   Link |May 23, 2019 10:01:57 AM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
Sold at 62, now no buyers
SMEs are risk business
55. Darsh ipo |   Link |May 23, 2019 10:01:04 AM
Pre open set @62 rs...now only seller...no buyer
54. medge |   Link |May 23, 2019 9:28:26 AM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
Dear Admin,

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

Thanks,
Bhanudas
54.1. Dinesh Singh |   Link |May 23, 2019 9:30:47 AM
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
It is pre open at 59.
Can be seen on BSE SITE.
54.2. medge |   Link |May 23, 2019 9:44:04 AM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
Thank You Dinesh Sir
53. Priyansh Agrawal |   Link |May 21, 2019 8:07:34 PM
Dear all member plz your views about listing
52. Ballu bhai |   Link |May 21, 2019 6:20:37 PM
Any other new listings in the sme space ?
52.1. papon |   Link |May 21, 2019 7:25:35 PM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
After election result
51. Darsh ipo |   Link |May 21, 2019 2:28:35 PM
Allotment @61... list around 64 to 65 range
51.1. Priyansh Agrawal |   Link |May 21, 2019 2:44:04 PM
I apply rs. 65 and allotment rs. 61 then 4x2000 refund plz reply?
51.2. papon |   Link |May 21, 2019 4:20:02 PM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
Rs 122000 amount will be debited and remaining amount lien will be removed as happened in my case.
50. Carn Mohan |   Link |May 16, 2019 11:11:35 AM
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
I didn't apply, but I think bumper listing.
50.1. Priyansh Agrawal |   Link |May 21, 2019 1:52:06 PM
Ye kya majak h
50.2. papon |   Link |May 21, 2019 2:29:04 PM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
It's not majak, its insult to mentor tag by Chittorgarh. We don't expect this from a mentor
49. Carn Mohan |   Link |May 21, 2019 12:37:59 PM
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Applied 2 applications but both rejected I don't know why.
49.1. papon |   Link |May 21, 2019 1:44:21 PM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
You told you didn't apply so rejected
48. Priyansh Agrawal |   Link |May 21, 2019 12:45:14 PM
Allotment price?
48.1. medge |   Link |May 21, 2019 12:49:19 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
61
Applied at 61, got allotment
47. Carn Mohan |   Link |May 20, 2019 12:33:35 AM
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Modi government a Rahi hi Rs 100 Kay upper open hoga
47.1. papon |   Link |May 20, 2019 2:30:19 PM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
Atleast we will go with positive bias on listing day.
46. Darsh ipo |   Link |May 19, 2019 2:34:13 PM
Allotment rate 61 or 62 rs. ayega..
46.1. Priyansh Agrawal |   Link |May 19, 2019 4:40:10 PM
61 rs. Hi ayega
45. RAJAKUMAR |   Link |May 17, 2019 4:41:49 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ 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.
45.2. Priyansh Agrawal |   Link |May 18, 2019 2:44:28 PM
I apply in this sme but reject invalid demat a/c
45.3. Priyansh Agrawal |   Link |May 18, 2019 2:45:33 PM
Gkp sme
44. medge |   Link |May 15, 2019 9:04:35 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ 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
44.3. RAJAKUMAR |   Link |May 17, 2019 2:49:10 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Dear Medge
As per your data it will issue price to be or can be fix at 61
44.4. medge |   Link |May 17, 2019 5:29:26 PM
IPO Guru IPO Guru (1200+ Posts, 1900+ Likes)
Thank You SIr
43. papon |   Link |May 16, 2019 6:09:12 PM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
Same happen recently with Artemis electricals & lead manager is also same but difference is qib subscription.
42. papon |   Link |May 16, 2019 6:05:17 PM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
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
41. papon |   Link |May 16, 2019 6:01:13 PM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
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
40. Priyansh Agrawal |   Link |May 15, 2019 7:12:41 PM
Dear pappon your bid price?
40.1. papon |   Link |May 15, 2019 10:07:13 PM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
Always cut off from my side. Had bad experience bidding at lower price earlier