Business Standard

Bajaj Healthcare Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

30.90 cr

Price Range (₹)

170

Lot Size

800

Min Investment (₹)

1,36,000.00

Listing Exchange

BSE - SME

Open Date

27-Apr-2016

Close Date

02-May-2016

Listing Date

10-May-2016

Bajaj Healthcare Ltd News

    The Shares of Bajaj Healthcare Ltd have now been listed.

    Bajaj Healthcare Ltd IPO Details

    Public offer of 18,17,600 equity shares of Rs. 10/- each (equity shares) of Bajaj Healthcare Limited (BHL or the company) for cash at a price of Rs. 170/- per share (the offer price), aggregating to Rs. 30.8992 crores (the offer) consisting of fresh issue of 1,49,600 equity shares aggregating to Rs. 2.5432 crores and an offer for sale of 16,68,000 equity shares by the selling shareholders aggregating to Rs. 28.3560 crores (offer for sale), of which 91,200 equity shares of Rs. 10 each will be reserved for subscription by market makers to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. Offer of 17,26,400 equity shares of Rs. 10/- each is hereinafter referred to as the Net offer. The offer and the net offer will constitute 26.34% and 25.02%, respectively of the post offer paid up equity share capital of the company.The face value of the equity shares is Rs. 10 and the offer price is 17.00 times of the face value.

    Objective of issue

    Repayment of loans. Expenditure for general corporate purposes.

    Bajaj Healthcare Ltd Contact Details

    Bajaj Healthcare Ltd, Unit No 1 Luthra Ind, Andheri Kurla Road, Safed Pool Andheri(E, Mumbai - 400 072

    Phone - 91-22-2851 5606

    Fax - 91-22-2851 2885

    Email - investors@bajajhealth.com

    Website - www.bajajhealth.com