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Incorporated in 2003, Talwalkars Better Value Fitness Limited owns one of the largest fitness chain in India offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand 'Talwalkars'. Talwalkars first gym was setup in the year 1932.
As of today, Company operates 51 health clubs in 24 cities of 11 states across the country serving over 55,000 members. Talwalkars were the Official Fitness Partners for Standard Chartered Mumbai Marathon in 2008 and 2009 and Femina Miss India Contest in 2009.
IPO Date | Apr 21, 2010 to Apr 23, 2010 |
Listing Date | May 10, 2010 |
Face Value | ₹10 per share |
Price | ₹123 to ₹128 per share |
Lot Size | 50 Shares |
Total Issue Size | 6,050,000 shares (aggregating up to ₹77.44 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
QIB Shares Offered | 3,025,000 (50.00%) |
NII (HNI) Shares Offered | 907,500 (15.00%) |
Retail Shares Offered | 2,117,500 (35.00%) |
Total Shares Offered | 6,050,000 |
The Talwalkars IPO lot size is 50 shares.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 50 | ₹6,400 |
Retail (Max) | 31 | 1550 | ₹198,400 |
Lot Size Calculator |
Particulars | For the year/period ended (Rs. in million) | |||||
30-Sep-09 | 31-Mar-09 | 31-Mar-08 | 31-Mar-07 | 31-Mar-06 | 31-Mar-05 | |
Total Income | 358.82 | 594.24 | 384.98 | 222.88 | 102.54 | 85.81 |
Profit After Tax (PAT) | 31.90 | 56.87 | 45.17 | 10.94 | 4.20 | 2.59 |
The objects of the Issue are:
(1) Setting up of additional health clubs;
(2) Repay certain unsecured loans availed by company; and
(3) Meet Issue related expenses.
The Talwalkars IPO is subscribed 28.39 times on Apr 23, 2010 5:00:00 PM. The public issue subscribed 8.43 times in the retail category, 35.43 times in the QIB category, and 51.48 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
QIB | 35.43 |
NII | 51.48 |
Retail | 8.43 |
Total | 28.39 |
CARE has assigned an IPO Grade 3 to Talwalkars Better Value Fitness Ltd IPO. This means as per CARE company has 'Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Click here to download the CARE IPO Grading Document for Talwalkars Better Value Fitness Ltd
Listing Date | May 10, 2010 |
BSE Script Code | 533200 |
NSE Symbol | TALWALKARS |
ISIN | INE502K01016 |
Final Issue Price | ₹128 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹128.00 |
₹138.00 |
₹132.00 |
₹167.70 |
₹162.60 |
NSE |
---|
₹128.00 |
₹147.95 |
₹132.00 |
₹168.90 |
₹163.15 |
Talwalkars Better value Fitness Ltd
801-813, Mahalaxmi Chambers,
22, Bhulabhai Desai Road,
Mumbai - 400 026, Maharashtra, India.
Phone: +91 - 22 - 6612 6300
Email: ipo@talwalkars.net
Website: http://ww.talwalkars.net
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: tbvfl.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Talwalkars IPO is a main-board IPO of 6,050,000 equity shares of the face value of ₹10 aggregating up to ₹77.44 Crores. The issue is priced at ₹123 to ₹128 per share. The minimum order quantity is 50 Shares.
The IPO opens on Apr 21, 2010, and closes on Apr 23, 2010.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Talwalkars IPO opens on Apr 21, 2010 and closes on Apr 23, 2010.
Talwalkars IPO lot size is 50 Shares and the minimum order quantity is .
You can apply in Talwalkars 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 Talwalkars IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Talwalkars IPO allotment status.
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