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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”)
IPO Date | May 12, 2012 to May 16, 2012 |
Listing Date | May 30, 2012 |
Face Value | ₹10 per share |
Price | ₹40 per share |
Lot Size | 3000 Shares |
Total Issue Size | 3,000,000 shares (aggregating up to ₹12.00 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
The Monarch Health Services IPO lot size is 3000 shares.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 3000 | ₹120,000 |
Retail (Max) | 1 | 3000 | ₹120,000 |
Lot Size Calculator |
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.
[Dilip Davda]
Well, today's investors are really shrewd enough and understand better on such gimmicks. This IPO is only for those who have surplus funds and can wait for long to get returns from the company that has yet to start operations.
Read detail review...Listing Date | May 30, 2012 |
BSE Script Code | 534422 |
NSE Symbol | |
ISIN | INE204N01013 |
Final Issue Price | ₹40 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹40.00 |
₹42.00 |
₹40.10 |
₹42.00 |
₹40.10 |
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
Sharepro Services Private Limited
Phone: 9999999999
Email: sme.ipo@shareproservices.com
Website: http://
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
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 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 .
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, Nuvama, 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.
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Dilip Davda
SEBI registered Research Analyst
Mumbai
Read my IPO Reviews