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Incorporated in 1996, Deccan Health Care is Hyderabad based company engaged in developing, manufacturing and marketing of healthcare products. The company offers premium range nutraceutical, cosmeceutical and Ayurveda products under the brand name 'Be Young' and 'Stay Young'.
The Company offers more than 1,500 products. These products are used for various purposes such as hair care, skin care, heart care, immunity building, etc. The company offers a long-chain omega-3 fatty acid, joint health nutrients, diacerein, antioxidants, immune enhancing components, skin ageing products, instant energy drinks, and calcium supplements; and a formula for males. The company supplies their products in various forms such as tablets, capsules, gel, liquids, ointments, powder, pastes, etc.
Deccan Health Care also has set up online B2C e-commerce portals BeYoungStore.com and StayYoungStore.com to sell its products directly to the customer. It has a manufacturing facility at SIDCUL Pantnagar, Rudrapur, Uttarakhand. The company has more than 140 distributors and around 6100 marketing agents.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 30-June-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | |||
| Total Assets | 6,553.38 | 6,292.99 | 4,959.89 | 2,934.45 | ||
| Total Revenue | 859.35 | 3,976.07 | 2,938.94 | 1,617.70 | ||
| Profit After Tax | 245.81 | 1,268.78 | 953.91 | 354.21 | ||
The Offer comprises a Fresh Issue and an Offer for Sale by the Selling Shareholders. The Selling Shareholders will be entitled to the proceeds from the Offer for Sale. The Company will not receive any proceeds from the Offer for Sale.
The objects of the Net Proceeds of the Fresh Issue are:
1. Repayment/Prepayment of certain Secured Borrowings availed by the Company
2. Purchase of Plant & Machinery and related civil work
3. General Corporate Purposes.
| Deccan Health Care IPO Date | Dec 18, 2018 to Dec 20, 2018 |
| Deccan Health Care IPO Face Value | ₹10 per share |
| Deccan Health Care IPO Price | ₹95 to ₹100 per share |
| Deccan Health Care IPO Lot Size | 1200 Shares |
| Issue Size | 4,212,000 shares of ₹10 (aggregating up to ₹42.12 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Company Promoters | The Promoters of the Company are Minto Purshotam Gupta and Hitesh Patel. They hold 74,32,881 Equity Shares representing 55.05% of the pre-issue Paid-up Capital of the Company. |
Deccan Health Care IPO opens on Dec 18, 2018, and closes on Dec 20, 2018. The Deccan Health Care IPO bid date is from Dec 18, 2018 10.00 A.M. to Dec 20, 2018 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 |
|---|---|
| Deccan Health Care IPO Opening Date | Dec 18, 2018 |
| Deccan Health Care IPO Closing Date | Dec 20, 2018 |
| Basis of Allotment | Dec 26, 2018 |
| Initiation of Refunds | Dec 27, 2018 |
| Credit of Shares to Demat | Dec 28, 2018 |
| Deccan Health Care IPO Listing Date | Dec 31, 2018 |
The Deccan Health Care IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹120,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1200 | ₹120,000 |
| Maximum | 1 | 1200 | ₹120,000 |
Company’s track record with super profits is raising concern on its sustainability. Its listed peer Zydus is not comparable in toto. Listing shift from NSE SME to BSE SME is also a concern. Although issue pricing appears reasonable on the basis of its super earnings, investors may consider investment at their own risk.
Read detail review...
Deccan Health Care IPO Recommendation by Members Deccan Health Care IPO Recommendations Details | Post Recommendation | Manage Recommendations
| Subscribe | Neutral | Avoid |
|---|---|---|
| 0 | 0 | 0 |
No Record Found.
The Deccan Health Care IPO is subscribed 1.68 times on Dec 20, 2018 7:49:04 PM. The public issue subscribed 0.91 times in the retail category, times in the QIB category, and 2.45 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 2.45 |
| Retail | 0.91 |
| Total | 1.68 |
| Listing Date | Monday, December 31, 2018 |
| BSE Script Code | 542248 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE452W01019 |
| IPO Price | ₹100 per share |
| Face Value | ₹10 per share |
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Deccan Health Care Limited
247, 2nd floor,
Dwarakapuri Colony,
Punjagutta, Hyderabad - 500082
Phone: +91 040 40144508
Email: investors@deccanhealthcare.co.in
Website: http://www.deccanhealthcare.co.in
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Deccan Health Care IPO is a SME IPO of 4,212,000 equity shares of the face value of ₹10 aggregating up to ₹42.12 Crores. The issue is priced at ₹95 to ₹100 per share. The minimum order quantity is 1200 Shares.
The IPO opens on Dec 18, 2018, and closes on Dec 20, 2018.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Deccan Health Care IPO opens on Dec 18, 2018 and closes on Dec 20, 2018.
Deccan Health Care IPO lot size is 1200 Shares and the minimum order quantity is .
You can apply in Deccan Health Care 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 Deccan Health Care IPO will be done on Dec 26, 2018, and the allotted shares will be credited to your demat account by Dec 28, 2018. Check the Deccan Health Care IPO allotment status.
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