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Birla Pacific Medspa IPO is a book built issue of Rs 65.18 crores.
Birla Pacific Medspa IPO bidding started from June 20, 2011 and ended on June 23, 2011. The shares got listed on BSE on July 7, 2011.
Birla Pacific Medspa IPO price band is set at ₹10 to ₹11 per share. The minimum lot size for an application is 500 Shares. The minimum amount of investment required by retail investors is ₹5,500.
Arihant Capital Markets Ltd is the book running lead manager of the Birla Pacific Medspa IPO, while Adroit Corporate Services Pvt Ltd is the registrar for the issue.
Refer to Birla Pacific Medspa IPO RHP for detailed information.
IPO Date | June 20, 2011 to June 23, 2011 |
Listing Date | July 7, 2011 |
Face Value | ₹10 per share |
Price Band | ₹10 to ₹11 per share |
Lot Size | 500 Shares |
Total Issue Size | 65,175,000 shares (aggregating up to ₹65.18 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE |
Share holding pre issue | 46,966,218 |
Share holding post issue | 112,141,218 |
Birla Pacific Medspa IPO offers 65,175,000 shares. 32,587,500 (50.00%) to QIB, 9,776,250 (15.00%) to NII, 22,811,250 (35.00%) to RII. 45,622 RIIs will receive minimum 500 shares and (sNII) and (bNII) will receive minimum 18,500 shares. (in case of oversubscription)
Investor Category | Shares Offered | Maximum Allottees |
---|---|---|
Anchor Investor Shares Offered | - | NA |
QIB Shares Offered | 32,587,500 (50.00%) | NA |
NII (HNI) Shares Offered | 9,776,250 (15.00%) | |
Retail Shares Offered | 22,811,250 (35.00%) | 45,622 |
Total Shares Offered | 65,175,000 (100%) |
Investors can bid for a minimum of 500 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 500 | ₹5,500 |
Retail (Max) | 36 | 18000 | ₹198,000 |
Lot Size Calculator |
Company is promoted by Mr. Yashovardhan Birla and one of his group companies, Birla Wellness & Healthcare Private Limited.
Share Holding Pre Issue | 64.77% |
Share Holding Post Issue | 27.12% |
Incorporated in 2008, Birla Pacific Medspa Limited is an India based healthcare provider. Birla Pacific Medspa is a joint venture of Yash Birla Group, a Rs 30 billion group of over 20 diversified companies and Pacific Healthcare, East Asia’s leading healthcare provider, with healthcare facilities in Singapore, Hong Kong, and China.
Birla Pacific Medspa provides beauty related medical procedures in India. Using state-of-the-art equipments, the internationally qualified panel of doctors provides patient centric solutions and offers the latest and safest treatments.
Company operates it healthcare centers under the brand name EVOLVE. Company operates 3 healthcare centers in Mumbai and has 2 franchises in Thane and Chennai. Company's expertise includes Cosmetic Dermatology, Cosmetic & Plastic Surgery, General & Specialist Dentistry and Maxillo Facial Prosthesis. It has introduced i-lipo, a non-surgical inch loss treatment, for the first time in India.
The objects of the issue are
1. To meet the capital expenditure towards establishing 55 outlets of Evolve Medspa across various cities and places.
2. To meet expenses towards brand promotion.
3. To meet the working capital requirements for running the centers.
4. To meet Issue related expenses.
5. To enlist the Company's Shares on Bombay Stock Exchange Limited (BSE).
The Birla Pacific Medspa IPO is subscribed 1.18 times on June 23, 2011 5:00:00 PM. The public issue subscribed 1.82 times in the retail category, 1.04 times in the QIB category, and 0.17 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
QIB | 1.04 |
NII | 0.17 |
Retail | 1.82 |
Total | 1.18 |
BWR (Brickworks Ratings India Pvt Ltd) has assigned an IPO Grade 2 to Birla Pacific Medspa IPO. This means as per BWR, company has 'Below Average Fundamentals'. BWR assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Birla Pacific Medspa IPO Grading Report
Listing Date | July 7, 2011 |
BSE Script Code | 533469 |
NSE Symbol | |
ISIN | INE341L01017 |
Final Issue Price | ₹10 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹10.00 |
₹10.10 |
₹10.10 |
₹30.70 |
₹25.35 |
Birla Pacific Medspa Ltd
Dalamal House,
1st Floor, 206, J.B.Marg,
Nariman Point Mumbai – 400 021
Phone: +91-22-6616 8400
Email: ipo@birlapacificmedspa.com
Website: http://www.birlapacificmedspa.com
Adroit Corporate Services Pvt Ltd
Phone: 91- 22- 2859 6060/2859 4060
Email: veenashetty@adroitcorporate.com
Website: http://www.adroitcorporate.com
Birla Pacific Medspa IPO is a main-board IPO of 65,175,000 equity shares of the face value of ₹10 aggregating up to ₹65.18 Crores. The issue is priced at ₹10 to ₹11 per share. The minimum order quantity is 500 Shares.
The IPO opens on June 20, 2011, and closes on June 23, 2011.
Adroit Corporate Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.
The Birla Pacific Medspa IPO opens on June 20, 2011 and closes on June 23, 2011.
Birla Pacific Medspa IPO lot size is 500 Shares, and the minimum amount required is ₹5,500.
You can apply in Birla Pacific Medspa IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Birla Pacific Medspa IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Birla Pacific Medspa IPO allotment status.
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