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Monarch Health Services Ltd IPO (Monarch Health Services IPO) Detail

May 12, 2012 - May 16, 2012

Incorporated in 2011, Monarch Health Services Ltd is engaged in the business of Cosmetic Surgery and Skin Care. They provides services in their clinics for skin care, Hair Transplant, Cosmetic Surgery, Laser treatments and Obesity Surgery which includes Liposuction and Tummy Tuck.

LOOKS Cosmetic Clinic is a venture of Monarch Health Services Pvt Ltd., India’s first ever prototype clinic with a pioneering concept of "One-stop-shop equipped and versed to cater both surgical and non surgical cosmetic and aesthetic treatments for head to toe transformations".

M/s Maxgainz Finserve Pvt Ltd has given written approval for bringing in Rs. 480 lacs as promoter contribution which will be utilized towards part funding of the project alongwith equity capital raised through the Issue.

Please Note: The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of the BSE Limited (“BSE”). In terms of Chapter X B of SEBI (ICDR) Regulations, 2009 as amended from time to time, we are not required to obtain any in principle listing approval for the shares being offered in this Issue. However, our Company has received an approval letter dated 20.4.2012 from BSE for using its name in the Offer Document for listing our shares on the SME Platform of the BSE. For the purpose of this Issue, the Designated Stock Exchange will be the BSE Limited (“BSE”)

Monarch Health Services Ltd is proposed to list on BSE SME Exchange.

Objects of the Issue:

The Objects of the Issue are:

1. To augment their capital base and provide for additional fund requirements for increasing operational scale by opening up 23 new clinics and for meeting the working capital requirements;
2. To meet the issue related expenses;
3. To benefit from the listing of equity shares on the SME Platform of BSE.

Monarch Health Services IPO Details

IPO Opening Date May 12, 2012
IPO Closing Date May 16, 2012
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹40 per equity share
Market Lot 3000 Shares
Min Order Quantity 3000 Shares
Listing At BSE SME
Issue Size3,000,000 Eq Shares of ₹10
(aggregating up to ₹12.00 Cr)

Monarch Health Services IPO Lot Size

The Monarch Health Services IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 3000 ₹120,000
Maximum 1 3000 ₹120,000

Monarch Health Services IPO Prospectus

Monarch Health Services IPO Rating

51
3.3
Rating:Rated 3.3 stars
Vote Here ...

Monarch Health Services IPO Listing Date

Listing Date Wednesday, May 30, 2012
BSE Script Code 534422
NSE Symbol
Listing In MT Group of Securities
ISIN INE204N01013
IPO Price ₹40 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹40.00
₹42.00
₹40.10
₹42.00
₹40.10

Company Contact Information

Monarch Health Services Ltd
28/3, Ground Floor,
Next to Jari Mari Mandir,
SV Road, Bandra (W) Mumbai
Phone: 022- 26420655
Email: cs@looksclinic.com
Website: http://www.looksclinic.com

Monarch Health Services IPO Registrar

Sharepro Services Private Limited

Phone: 9999999999
Email: sme.ipo@shareproservices.com
Website: http://

Monarch Health Services IPO Reviews / Ratings

Monarch Health Services IPO Lead Manager(s)

Monarch Health Services IPO FAQs

Monarch Health Services IPO is a SME IPO of 3,000,000 equity shares of the face value of ₹10 aggregating up to ₹12.00 Crores. The issue is priced at ₹40 per equity share. The minimum order quantity is 3000 Shares.

The IPO opens on May 12, 2012, and closes on May 16, 2012.

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

The Monarch Health Services IPO opens on May 12, 2012 and closes on May 16, 2012.

Monarch Health Services IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

You can apply in Monarch Health Services 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 Monarch Health Services IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Monarch Health Services IPO allotment status.

The Monarch Health Services IPO listing date is on Wednesday, May 30, 2012.

Monarch Health Services IPO Message Board

Ranked Members  Ranked Members

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9. Dilip Davda |Jun 25, 2012 06:48
Two IPOs this week, Max Alert (BSE-SME) IPO worth Rs. 8 crore with a minimum lot of 6000 shares at Rs. 20 per share (Fixed price) and VKS Projects book building IPO for Rs. 55 crore, details waited. Max between 28.06.12 to 02.07.12 and VKS Proj between 29.06.12 to 04.07.12

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

8. santonu |May 18, 2012 21:54
Top Contributor Top Contributor (200+ Posts)
FACEBOOK LISTED AT 11% prem
8.2. Manoj jain |May 21, 2012 19:43
Yess it's trading 10% below issue price.
8.3. Manoj jain |May 29, 2012 22:01
now It's 35 % below issue price.
7. VenkatGG |May 16, 2012 11:01
This is another fraudelent company like Samvardhan Mothersons. Please read this article published in moneycontrol.com - http://www.moneycontrol.com/news/ipo-issues-open/monarch-health-ipo-who-isreal-promotercompany_704214.html

I hope SEBI awakes and takes some steps to prevent looting retail investors.
6. Rahul ahuja |May 14, 2012 17:38
plz,ny knw or have source 4m where we knw supcripton of monarch,my gut feelng say ths wil be darkhorse among 3 ipo.my gutfeelnp help me in mt,hope ths time it work again,bt plz ny body had ny information abt supcripton of monarch,share wth us,thanks in advance
5. Jaman Patel |May 14, 2012 13:58
AT THIS TIME INVESTMENT IN ANY IPO IS OUR MONEY LOST SEE MCX NOW PERFOMING UNDER ISSUED PRICE SO AVOID ALL NEW ISSUED AT RHIS MARKET
4. marketmint |May 14, 2012 12:59
This issue may show the price of Rs.10. Only Avoid.
3. gundu anna |May 13, 2012 11:54
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
FOR ME THIS IS AN AVOID.
2. Narendra babu |May 11, 2012 18:15
issue size @ just 12 crore! satta chal sakta hai. but, one should be very careful!
1. A LA |May 11, 2012 12:13
MAY GIVE SOME LISTING GAINS?
1.1. Sathish Kumar |May 12, 2012 18:01
Issue price is not given till now, how can you say that it will give you listing gains?