Free Account Opening + AMC Free Demat
Loading...

Monarch Health Services Ltd IPO (Monarch Health Services IPO) Detail

May 12, 2012 - May 16, 2012

Monarch Health Services IPO is a fixed price issue of Rs 12.00 crores.

Monarch Health Services IPO bidding started from May 12, 2012 and ended on May 16, 2012. The shares got listed on BSE SME on May 30, 2012.

Monarch Health Services IPO price is ₹40 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Monarch Networth Capital Ltd is the book running lead manager of the Monarch Health Services IPO, while Sharepro Services Private Limited is the registrar for the issue.

Refer to Monarch Health Services IPO RHP for detailed information.

Monarch Health Services IPO Details

IPO Date May 12, 2012 to May 16, 2012
Listing Date May 30, 2012
Face Value ₹10 per share
Price ₹40 per share
Lot Size 3000 Shares
Total Issue Size3,000,000 shares
(aggregating up to ₹12.00 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue3,125,000
Share holding post issue6,000,000
Market Maker portion300,000 shares

Monarch Health Services IPO Lot Size

Investors can bid for a minimum of 3000 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 3000 ₹120,000
Retail (Max) 1 3000 ₹120,000
Lot Size Calculator

Monarch Health Services IPO Promoter Holding

Share Holding Pre Issue 13.77%
Share Holding Post Issue 25.09%

About Monarch Health Services Ltd

Incorporated in 2011, Monarch Health Services Ltd is engaged in the business of Cosmetic Surgery and Skin Care. They provides services in their clinics for skin care, Hair Transplant, Cosmetic Surgery, Laser treatments and Obesity Surgery which includes Liposuction and Tummy Tuck.

LOOKS Cosmetic Clinic is a venture of Monarch Health Services Pvt Ltd., India’s first ever prototype clinic with a pioneering concept of "One-stop-shop equipped and versed to cater both surgical and non surgical cosmetic and aesthetic treatments for head to toe transformations".

M/s Maxgainz Finserve Pvt Ltd has given written approval for bringing in Rs. 480 lacs as promoter contribution which will be utilized towards part funding of the project alongwith equity capital raised through the Issue.

Please Note: The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of the BSE Limited (“BSE”). In terms of Chapter X B of SEBI (ICDR) Regulations, 2009 as amended from time to time, we are not required to obtain any in principle listing approval for the shares being offered in this Issue. However, our Company has received an approval letter dated 20.4.2012 from BSE for using its name in the Offer Document for listing our shares on the SME Platform of the BSE. For the purpose of this Issue, the Designated Stock Exchange will be the BSE Limited (“BSE”)

Monarch Health Services Ltd is proposed to list on BSE SME Exchange.

Key Performance Indicator

Objects of the Issue (Monarch Health Services IPO Objectives)

The Objects of the Issue are:

1. To augment their capital base and provide for additional fund requirements for increasing operational scale by opening up 23 new clinics and for meeting the working capital requirements;
2. To meet the issue related expenses;
3. To benefit from the listing of equity shares on the SME Platform of BSE.

Monarch Health Services IPO Review (Avoid)

[Dilip Davda]  

Well, today's investors are really shrewd enough and understand better on such gimmicks. This IPO is only for those who have surplus funds and can wait for long to get returns from the company that has yet to start operations.

Read detail review...

Monarch Health Services IPO Prospectus

Monarch Health Services IPO Rating

51
3.3
Rating:Rated 3.3 stars
Vote Here ...

Monarch Health Services IPO Listing Details

Listing Date May 30, 2012
BSE Script Code 534422
NSE Symbol
ISIN INE204N01013
Final Issue Price ₹40 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹40.00
₹42.00
₹40.10
₹42.00
₹40.10

Check IPO Performance…

Monarch Health Services Ltd Contact Details

Monarch Health Services Ltd
28/3, Ground Floor,
Next to Jari Mari Mandir,
SV Road, Bandra (W) Mumbai
Phone: 022- 26420655
Email: cs@looksclinic.com
Website: http://www.looksclinic.com

Monarch Health Services IPO Registrar

Sharepro Services Private Limited

Phone: 9999999999
Email: sme.ipo@shareproservices.com
Website:

Monarch Health Services IPO - Buy or Not

Monarch Health Services IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

SME IPO Enquiry

SME Company Owners
We could help you get listed on the stock market.

Contact us Today

Check our SME IPO Guide New

Monarch Health Services IPO FAQs

Monarch Health Services IPO is a SME IPO of 3,000,000 equity shares of the face value of ₹10 aggregating up to ₹12.00 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000 Shares.

The IPO opens on May 12, 2012, and closes on May 16, 2012.

Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Monarch Health Services IPO opens on May 12, 2012 and closes on May 16, 2012.

Monarch Health Services IPO lot size is 3000 Shares, and the minimum amount required is ₹120,000.

You can apply in Monarch Health Services 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 Monarch Health Services IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Monarch Health Services IPO allotment status.

The Monarch Health Services IPO listing date is on May 30, 2012.
Open an Instant Account with Zerodha

Monarch Health Services IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

Loading...

13 Comments

9. Dilip Davda |   Link |  Bookmark |June 25, 2012 7:48:24 AM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Two IPOs this week, Max Alert (BSE-SME) IPO worth Rs. 8 crore with a minimum lot of 6000 shares at Rs. 20 per share (Fixed price) and VKS Projects book building IPO for Rs. 55 crore, details waited. Max between 28.06.12 to 02.07.12 and VKS Proj between 29.06.12 to 04.07.12

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

8. santonu |   Link |  Bookmark |May 18, 2012 10:54:33 PM (200+ Posts)
FACEBOOK LISTED AT 11% prem
8.2. Manoj jain |   Link |  Bookmark |May 21, 2012 8:43:13 PM
Yess it's trading 10% below issue price.
8.3. Manoj jain |   Link |  Bookmark |May 29, 2012 11:01:19 PM
now It's 35 % below issue price.
7. VenkatGG |   Link |  Bookmark |May 16, 2012 12:01:48 PM
This is another fraudelent company like Samvardhan Mothersons. Please read this article published in moneycontrol.com - http://www.moneycontrol.com/news/ipo-issues-open/monarch-health-ipo-who-isreal-promotercompany_704214.html

I hope SEBI awakes and takes some steps to prevent looting retail investors.
6. Rahul ahuja |   Link |  Bookmark |May 14, 2012 6:38:00 PM
plz,ny knw or have source 4m where we knw supcripton of monarch,my gut feelng say ths wil be darkhorse among 3 ipo.my gutfeelnp help me in mt,hope ths time it work again,bt plz ny body had ny information abt supcripton of monarch,share wth us,thanks in advance
5. Jaman Patel |   Link |  Bookmark |May 14, 2012 2:58:45 PM
AT THIS TIME INVESTMENT IN ANY IPO IS OUR MONEY LOST SEE MCX NOW PERFOMING UNDER ISSUED PRICE SO AVOID ALL NEW ISSUED AT RHIS MARKET
4. marketmint |   Link |  Bookmark |May 14, 2012 1:59:16 PM
This issue may show the price of Rs.10. Only Avoid.
3. gundu anna |   Link |  Bookmark |May 13, 2012 12:54:05 PM (500+ Posts, 100+ Likes)
FOR ME THIS IS AN AVOID.
2. Narendra babu |   Link |  Bookmark |May 11, 2012 7:15:02 PM
issue size @ just 12 crore! satta chal sakta hai. but, one should be very careful!
1. A LA |   Link |  Bookmark |May 11, 2012 1:13:44 PM
MAY GIVE SOME LISTING GAINS?
1.1. Sathish Kumar |   Link |  Bookmark |May 12, 2012 7:01:08 PM
Issue price is not given till now, how can you say that it will give you listing gains?