Issue Price: Rs. 10 - 11 Rs. Per Equity Share
Allotment Status: http://www.adroitcorporate.com/iposervices.html
Issue Detail:
»» Issue Open: Jun 20, 2011 - Jun 23, 2011
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: Rs. 65.18 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE
Bid Details:
Number of Times Issue is Subscribed (BSE + NSE) As on Date & Time Qualified Institutional Buyers (QIBs) Non Institutional Investors (NIIs) Retail Individual Investors (RIIs) Total Shares Offered / Reserved 32,587,500 9,776,250 22,811,250 65,175,000 Day 1 - Jun 20, 2011 17:00 IST 0.3300 0.0000 0.2500 0.2500 Day 2 - Jun 21, 2011 17:00 IST 0.6700 0.0000 0.3700 0.4600 Day 3 - Jun 22, 2011 17:00 IST 0.9900 0.0000 0.5800 0.7000 Day 4 - Jun 23, 2011 17:00 IST 1.0400 0.1700 1.8200 1.1800
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.
Company Promoters:
Company is promoted by Mr. Yashovardhan Birla and one of his group companies, Birla Wellness & Healthcare Private Limited.
Objects of the Issue:
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).
Register To Reply