Cian Healthcare IPO

 

Cian Healthcare IPOCian Healthcare IPO description - Cian Healthcare develops, manufactures and commercializes pharmaceutical products under 12 therapeutic segments like Orthopaedics, Gynaecology, Paediatrics, Cardiac, Diabetic, Dermatology, Pain Management, Antibiotics, Neuro, Critical Care, Gastro-Intestinal and Nutraceuticals, alongwith 10 sales division focused on developing and growing engagements in specialist and super specialist division. The company works under different business models like Brand Business, Export, Third Party Manufacturing and Government Supplies.

Cian Healthcare has special licence for manufacturing veterinary products for client like SAVAvet and Venky’s. It has developed more than 1,000 formulations and 2000 brands for domestic market. The company is a WHO-GMP & ISO-9001:2015 certified transnational manufacturing Company with wide range of Pharmaceutical, Nutraceutical, Ayurvedic, Cosmeceuticals, Sexual Wellness and Food supplement products.

Cian Healthcare promoters – Suraj Zanwar & Kavita Zanwar
Cian Healthcare - Upcoming IPO details
Subscription Dates2 - 9 May 2019
IPO Price bandINR59 - 65 per share
Fresh issue 6,216,000 shares (INR37.92 - 40.4 crore)
Offer for sale Nil
Total IPO size6,216,000 shares (INR37.92 - 40.4 crore)
Minimum bid (lot size)2,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME platform
Use of funds
  • Upgradation of existing plant i.e. Unit 1 situated at Roorkee, Uttarakhand, India - INR3.50 crore
  • Margin Money for Setting up of manufacturing facility i.e. Unit 2 situated at Roorkee, Uttarakhand, India - INR7.28 crore
  • Enhancement of company’s brand through advertising and other brand-building activities - INR1.50 crore
  • Working Capital Requirements - INR10.00 crore
  • Acquisitions and other strategic initiatives - INR7.09 crore
  • General Corporate Purposes
  • Issue Expenses
Cian Healthcare's financial performance (in INR crore)
FY2016FY2017FY20189M FY2019
Total revenue47.1651.8559.5944.48
Total expenses45.0048.7754.4637.23
Profit after tax1.372.243.765.25
Cian Healthcare Contact Details

Cian Healthcare Limited 
Milkat No. 3339, Block No.1, From South Side
C.S.No.227 /2 + 3A, Harpale Park, Opp Berger Paint
Phursungi, Pune- 412308

Phone: +91 020 41471234
Email: [email protected]
Website: www.cian.co

Cian Healthcare IPO Subscription Details
Day

Subscription (no. of times)

Day 1

0.03

Day 2

0.08

Day 3

0.20

Day 4

0.28

Day 5

0.31

Day 6

0.36

Day 70.36
Day 80.36
Day 90.44
Day 101.18

 

Cian Healthcare Valuation (For FY2018)

Earnings Per Share (EPS): INR2.22

Price/Earnings (P/E) ratio: 27.47 - 29.27

Return on Net Worth (RONW): 22.36%

Net Asset Value (NAV): INR10.00 per share

Registrar of Cian Healthcare 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:
 [email protected]
Website: www.bigshareonline.com

Cian Healthcare IPO Allotment Status

Cian Healthcare IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Cian Healthcare

IPO Opening Date: 2 May 2019

IPO Closing Date: 15 May 2019

Listing Date: 23 May 2019

Listing Price on BSE SME: INR62 per share (up 1.64% from IPO price)

Closing Price on BSE SME: INR61.5 per share (up 0.82% from IPO price)

Cian Healthcare IPO
4.2 (84%) 20 vote[s]

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