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Gian Life Care Limited IPO (Gian Lifecare IPO) Detail

Dec 31, 2019 - Jan 3, 2020

Incorporated in 2018, Kanpur (UP) based Gian Life Care Limited is engaged in the business of providing diagnostic and related healthcare services. The company provides a wide range of diagnostic tests and services like patient diagnosis services, prevention, and wellness diagnosis services to patients and healthcare providers. The company caters to individual patients, hospitals, corporates and other healthcare providers.

The company offers over 1,344 tests including biochemistry, clinical pathology, coagulation, cytogenetics, cytology, hematology, histopathology, immunoassay, microbiology, molecular biology, and radiology services.

Gian Life is NABL accredited and ISO 9001:2015 certified company. It has 59 full-time employees.

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakhs)
30-June-19 31-Mar-19
Total Assets 797.07 782.38
Total Revenue 182.25 56.32
Profit After Tax 33.85 6.94

Objects of the Issue

The company intends to utilize the proceeds of the Issue to meet the following objects-
1. To open processing center in nearby cites of Kanpur (Jhansi, Banda, Faizabad, Unnao)
2. To purchase advanced machinery and equipment
3. Repayment/pre-payment, of certain borrowings availed by the Company
4. To meet Working Capital requirements
5. General Corporate Purpose
6. To meet issue expenses

Gian Lifecare IPO Details

Gian Lifecare IPO Date Dec 31, 2019 to Jan 3, 2020
Gian Lifecare IPO Face Value ₹10 per share
Gian Lifecare IPO Price ₹22 per share
Gian Lifecare IPO Lot Size 6000 Shares
Issue Size1,416,000 shares of ₹10
(aggregating up to ₹3.12 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
P/E (x)21.36
Market Cap (₹ Cr.)10.34
Company Promoters

The Promoter of the Company is Mr. Arun Kumar Gupta.

Gian Lifecare IPO Timeline (Tentative Timetable)

Gian Lifecare IPO opens on Dec 31, 2019, and closes on Jan 3, 2020. The Gian Lifecare IPO bid date is from Dec 31, 2019 10.00 A.M. to Jan 3, 2020 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Gian Lifecare IPO Opening Date Dec 31, 2019
Gian Lifecare IPO Closing Date Jan 3, 2020
Basis of Allotment Jan 8, 2020
Initiation of Refunds Jan 9, 2020
Credit of Shares to Demat Jan 10, 2020
Gian Lifecare IPO Listing Date Jan 13, 2020

Gian Lifecare IPO Lot Size

The Gian Lifecare IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹132,000).

Application Lots Shares Amount
Retail (Min) 1 6000 ₹132,000
Retail (Max) 1 6000 ₹132,000

Gian Lifecare IPO Promoter Holding

Pre Issue Share Holding 95.74%
Post Issue Share Holding 65.62%

Gian Lifecare IPO Review

While diagnostic / healthcare service sector is flourishing and many new entrants are emerging, it is becoming a highly competitive segment. However, established big players may hold the key to the success of small ventures. Although based on super earnings of FY20 Q1, the issue appears attractively priced, but the sustainability of such performance going forward is a major concern. Considering all these, cash surplus - risk savvy investors may consider investment at their own risk. Read detail review...


Gian Lifecare IPO Subscription Status (Bidding Detail)

The Gian Lifecare IPO is subscribed 1.34 times on Jan 3, 2020 7:44:02 PM. The public issue subscribed 0.78 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
Retail0.78
Total1.34

Gian Lifecare IPO Prospectus

Gian Lifecare IPO Rating

136
3.7
Rating:Rated 3.7 stars
Vote Here ...

Gian Lifecare IPO Listing Date

Listing Date Monday, January 13, 2020
BSE Script Code 542918
NSE Symbol
Listing In MT Group of Securities
ISIN INE063601012
IPO Price ₹22 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹22.00
₹22.00
₹22.00
₹22.05
₹22.00

Company Contact Information

Gian Life Care Limited
7/216 (6),
Swaroop Nagar,
Kanpur-208002
Phone: + 91-0512-2531860
Email: info@gianpathlabs.com
Website: http://www.gianpathlabs.com/

Gian Lifecare IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/

Gian Lifecare IPO Review

Gian Lifecare IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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IPO Broker Recommendations

Gian Lifecare IPO FAQs

Gian Lifecare IPO is a SME IPO of 1,416,000 equity shares of the face value of ₹10 aggregating up to ₹3.12 Crores. The issue is priced at ₹22 per share. The minimum order quantity is 6000 Shares.

The IPO opens on Dec 31, 2019, and closes on Jan 3, 2020.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Gian Lifecare IPO opens on Dec 31, 2019 and closes on Jan 3, 2020.

Gian Lifecare IPO lot size is 6000 Shares and the minimum order quantity is .

You can apply in Gian Lifecare 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 Gian Lifecare IPO will be done on Jan 8, 2020, and the allotted shares will be credited to your demat account by Jan 10, 2020. Check the Gian Lifecare IPO allotment status.

The Gian Lifecare IPO listing date is on Monday, January 13, 2020.
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Gian Lifecare IPO Message Board

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82 Comments

52. Kabali ka Baap |   Link |Mar 13, 2020 7:17:19 PM
What's current GMD (grey market discount)?
51. Yadav Santosh |   Link |Mar 6, 2020 5:24:20 PM
I have applied for subscription but can I cancelled it now
50. GrowYourMoney |   Link |Mar 2, 2020 3:48:39 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
SBI 180/185
49. Small Investor |   Link |Jan 13, 2020 10:02:17 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
dear Raja
i sold my signal lot @ 22
49.1. RAJAKUMAR |   Link |Jan 14, 2020 11:08:33 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
k
48. BLR |   Link |Jan 13, 2020 1:13:50 PM
Sold at pre open price at 22.
48.1. Small Investor |   Link |Jan 13, 2020 1:20:05 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
sold @ 22
47. Capital Gain India |   Link |Jan 13, 2020 11:12:44 AM
Vaxtex ipo listed today on nse emerge, positive listing.
46. A.Santhosh Kumar |   Link |Jan 13, 2020 10:17:13 AM
sorry... seeing valencia price... i thought it would also increase....
hope for the best....
45. A.Santhosh Kumar |   Link |Jan 12, 2020 7:16:38 PM
Minimum Rs.2 listing gain... njoy the money rain tomorrow
45.1. hchc |   Link |Jan 13, 2020 8:27:04 AM
Top Contributor Top Contributor (200+ Posts, 700+ Likes)
At par Listing
45.2. Small Investor |   Link |Jan 13, 2020 10:02:53 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
where is your Rs 2 listing gain ?
44. Dhavalbhavsarahmedabad |   Link |Jan 11, 2020 8:01:19 PM
Target 6 month 33...
43. PRAFULDURAI |   Link |Jan 11, 2020 5:54:09 PM
Sorry Gian is Second SME ipo in 2020
42. PRAFULDURAI |   Link |Jan 9, 2020 8:24:04 PM
Gian is the First BSE SME ipo in 2020
42.1. Small Investor |   Link |Jan 10, 2020 11:20:32 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Valencia nut. already listed in 2020
42.2. PRAFULDURAI |   Link |Jan 11, 2020 5:52:39 PM
Sorry Second SME ipo
41. Small Investor |   Link |Jan 11, 2020 11:45:50 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
जिसे भी अल्लोत्मेंट मिला हे वो प्री ओपन या नार्मल ट्रेडिंग शुरू होते ही एग्जिट हो जाये तो बेटर होगा
40. hchc |   Link |Jan 10, 2020 5:46:42 PM
Top Contributor Top Contributor (200+ Posts, 700+ Likes)
Hindprakash SME IPO
Opens : 15th Jan 2020
Closes : 17th Jan 2020

LM : Hem Securities
39. A.Santhosh Kumar |   Link |Jan 10, 2020 8:41:18 AM
expecting listing at 23.5
38. PRAFULDURAI |   Link |Jan 9, 2020 4:51:25 PM
Which is the date of listing of Gian ?
37. Small Investor |   Link |Jan 9, 2020 3:49:07 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Name of the company:Gian Life Care Limited
Scrip Code:542918
Symbol:GIANLIFE
ISIN No.:INE063601012
36. VinShah |   Link |Jan 8, 2020 11:22:11 PM
Allotment already done so now listing of Gian should happen first before vaxtex.. These type (different days) of listings best positives for both companies.. All the best for all investors of both companies
35. PRAFULDURAI |   Link |Jan 8, 2020 6:20:08 AM
Better not to sell on listing day.
35.3. Small Investor |   Link |Jan 8, 2020 2:42:06 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
exit on listing day its better
35.4. A.Santhosh Kumar |   Link |Jan 8, 2020 7:11:18 PM
Do not sell on listing day... Then automatically buyers will look to purchase.... the more you hold and give resistance... the more price will increase...
34. KUR |   Link |Jan 8, 2020 2:18:36 AM
Can you provide the link to check allotment ststus? I also applied one lot.
33. A.Santhosh Kumar |   Link |Jan 8, 2020 1:42:10 AM
Applied in RII- allotted..... Lets hope it would give some listing gains