Business Standard

Deccan Health Care Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

42.12 cr

Price Range (₹)

100

Lot Size

1200

Min Investment (₹)

1,20,000.00

Listing Exchange

BSE - SME

Open Date

18-Dec-2018

Close Date

20-Dec-2018

Listing Date

31-Dec-2018

Deccan Health Care Ltd News

    The Shares of Deccan Health Care Ltd have now been listed.

    Deccan Health Care Ltd IPO Details

    Initial public offer of 42,12,000 equity shares of face value of Rs. 10 each (equity shares) of Deccan Health Care Limited (company or issuer) for cash at a price of Rs. 100 per equity share (the offer price) (including a share premium of Rs. 90 per equity share) aggregating Rs 42.12 Crores offer) comprising a fresh issue of 22,12,000 equity shares aggregating to Rs. 22.12 Crores by the company' (fresh issue) and an offer for sale of 14,00,000 equity shares by Hitesh Patel (referred to as the promotor selling shareholder) and 6,00,000 equity shares by Meenakshi Gitta (reffered to as the selling shareholder) (collectsely known as selling shareholders) aggregating 20,00,000 equity shares by the selling shareholder (offer for sale) and together with the fresh issue (the offer).The offer comprises of 2,11,200 equity shares of face value Rs. 10 each for cash at a price of Rs. 100 per equity share, aggregating Rs. 2.11 Crores which well be reseraed for subscription by the market maker to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. Offer of 40,00,800 equity shares of face value of Rs. 10 each for cash at a price of Rs. 100 per equity share, Aggregating Rs. 40.01 Crores is hereinafter refered to as the net offer. The offer and the net offer well constitite 26.81% and 25.46% respectively of the post offer paid up equity share capital of the company.The face value of Equity shares is Rs.10 each. The offer price is Rs.100 per equity share.

    Objective of issue

    Repayment/Prepayment of certain Secured Borrowings availed by the company. Purchase of Plant & Machinery and related Civil Work. General Corporate Purposes.

    Deccan Health Care Ltd Contact Details

    Deccan Health Care Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - investors@deccanhealthcare.co.in

    Website - www.deccanhealthcare.co.in