Deccan Health Care Limited IPO

Add to Calendar 2018-12-18 12:00 AM 2018-12-20 12:00 AM Asia/Kolkata Deccan Health Care Limited IPO Deccan Health Care Limited India

Deccan Health Care is an ISO 9001:2015 certified Management System for manufacturing, developing and marketing a wide range of healthcare and wellness merchandise including Nutraceutical, Cosmeceutical and Ayurveda products. It has also identified over 50 consumer wellness goals and more than 200 diseases, disorders and disabilities that can be prevented by its innovative and cost-effective products. The company has over 140 distributors and around 6,100 marketing agents.

Date of Establishment: The company was initially incorporated as ‘Deccan Health Care Limited’ on 14th June 1996 at Hyderabad. Subsequently, it was reformed to Private Limited Company as ‘ Deccan Health Care Private Limited’ on 12th June 2009. Thereafter it was reformed to Public Limited Company on 31st August 2017.

Promoters of Deccan Health Care Limited: Mr Minto Purshotam Gupta and Mr Hitesh Patel are the promoters of Deccan Health Care Limited.

Products and Services Offering: The company currently manufactures wide range of products across several forms namely in Soft Gel, Liquid Orals, Capsules, Tablets, Topical and Powder. While it has more than 1,500 products range across Health Care, Herbal, Tonics & Nutritive Drinks, Traditional Lifestyle OTC, Vitamins & Dietary Supplements and Cough, Cold and Allergy.

Some of its popular products includes Lotorin, Reduce Hairfall, Lignoflax and Kin-wa Plus.

Customer Segments: The company through well organised distribution model is spread across the India. It has also established online presence with Be Young and Stay Yong portals.

Objectives of Deccan Health Care Limited IPO: The Issue offer will basically consists of Offer for Sale and Fresh Issue. The core objects of the Fresh Issue consists of:

  • - Repayment/Prepayment of certain Secured Borrowings availed by Company.

  • - General Corporate Expenses.

  • - Buying of Plant & Machinery and related Civil Work.

Company Financials:

Particulars

For the year/period ended (in Rs. Lakhs)


30-June-18

31-Mar-18

31-Mar-17

31-Mar-16

Total Assets

6,553.38

6,292.99

4,959.89

2,934.45

Total Revenue

859.35

3,976.07

2,938.94

1,617.70

Profit After Tax

245.81

1,268.78

953.91

354.21

Issue Detail

  • Issue Open: Dec 18, 2018
  • Issue Close: Dec 20, 2018
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 95 - Rs 100 Per Equity Share
  • Bid Lot:1200 Shares
  • Minimum Order Quantity:1200 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 42.12 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved - 2,000,400 2,000,400 - - 4,000,800
Day 1 - Dec 18, 2018IST - 0.58x 0.08x - - 0.33x
Day 2 - Dec 19, 2018IST - 1.26x 0.20x - - 0.73x
Day 3 - Dec 20, 2018IST - 2.45x 0.91x - - 1.68x

Listing Day Trading Information

- BSE NSE
Issue Price Rs 100.00 -
Open Rs 108.00 -
Low Rs 108.00 -
High Rs 113.40 -
Last Trade Rs 113.40 -
Volume 19,200 -

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Frequently Asked Questions

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