Deccan Health Care IPO

Deccan Healthcare IPODeccan Health Care IPO description - Deccan Healthcare has a diversified product portfolio with product basket consisting of more than 1,500 products used for various purposes such as hair care, skin care, heart care, immunity building, etc. The company supplies products in various forms such as tablets, capsules, gel, liquids, ointments, powder, pastes, etc. It mainly develops and markets differentiated healthcare products specializing in nutraceutical and cosmeceutical products, which it commercializes through different revenue channels.

As on date of the Draft Prospectus, it has more than 140 distributors and around 6,100 marketing agents. To expand its reach, it has also entered into two distributorship agreements with foreign distributors situated in Kenya and Tanzania.

In 2010, it set up its manufacturing facility at SIDCUL Pantnagar Rudrapur, Uttarakhand. The facility complies with GMP and WHO GMP for its health / diet supplements and ayurvedic products. It has also obtained FSSAI license for its products. The company is also an ISO 9001:2008 certified for Quality management System for manufacturing and supply of Nutraceutical & Pharmaceutical Products. Spread over 3,536 Sq. mts., the manufacturing facility is equipped with the requisite plant and machineries including Effluent Treatment Plant and other resources required for manufacturing process.

Promoters of Deccan Healthcare – Minto Purshotam Gupta and Hitesh Patel

Deccan Healthcare IPO details
Subscription Dates 18 - 20 December 2018
IPO Price band INR95 - 100 per share
Fresh issue 2,212,000 shares (INR21.01 - 22.12 crore)
Offer for sale 2,000,000 shares (INR19 - 20 crore)
Total IPO size 4,212,000 shares (INR40.01 - 42.12 crore)
Minimum bid (lot size) 1,200 shares
Face Value  INR10 per share
Retail Allocation 35%
Listing On BSE SME platform
Use of funds
  • Repayment/prepayment of secured borrowings - INR7.95 crore
  • Purchase of plant & machinery and related civil work - INR5.55 crore
  • General Corporate Purposes
  • Issue Expenses
Deccan Healthcare's consolidated financial performance (in INR crore)
FY2016 FY2017 FY2018 Q1 FY2019
Total revenue 16.18 29.39 39.76 8.59
Total expenses 12.44 19.87 27.09 6.12
Profit after tax 3.54 9.54 12.69 2.46

Deccan Healthcare Limited
247, 2nd floor
Dwarakapuri Colony, Punjagutta
Hyderabad – 500082, Telangana

Phone: +91 040 4014 4508
Email: investors@deccanhealthcare.co.in
Website: www.deccanhealthcare.co.in

Deccan Health Care IPO Subscription Details
Day Subscription (no. of times)
Day 1
Day 2
Day 3
Deccan Health Care Valuation (For FY2018)

Earnings Per Share (EPS): INR9.75

Price/Earnings (P/E) ratio: 9.74 - 10.26

Return on Net Worth (RONW): 34.78%

Net Asset Value (NAV): INR27.02 per share

Registrar of Deccan Health Care IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 ipo@bigshareonline.com
Website: www.bigshareonline.com

Deccan Health Care IPO Allotment Status

Deccan Healthcare IPO allotment status will be available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Deccan Health Care

IPO Opening Date: 18 December 2018

IPO Closing Date: 20 December 2018

Finalisation of Basis of Allotment: To be updated

Listing Date: To be updated

Listing Price on BSE SME: To be updated

Closing Price on BSE SME: To be updated

Deccan Health Care IPO
4 (80%) 1 vote

2 thoughts on “Deccan Health Care IPO

  • December 17, 2017 at 9:46 PM
    Permalink

    Without IPO Price How it is sure shot….

    Reply
  • December 15, 2017 at 8:02 PM
    Permalink

    Apply sure shot 3 uc

    Reply

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