Cian Healthcare Ltd - IPO

Cian Healthcare Ltd IPO Details

Initial public issue of up to 62,16,000 equity shares of face value of Rs. 10 each (equity shares) of Cian Health Care Limited (the company or the issuer) for cash at a price of Rs. 61 per equity share (the issue price), (including a premuim of Rs. 51 per equity share), aggregating Rs. 37.92 Crores (the issue), of which 3,16,000 equity shares of face value of Rs. 10 for cash at a price of Rs. 61 each aggregating Rs. 1.93 Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of upto 59,00,000 equity shares of face value of Rs.10 each for cash at a price of Rs. 61 per equity share, aggregating to Rs. 35.99 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.61% and 25.26 respectively of the post issue paid up equity share capital of the company. Tha face value of equity shares is Rs.10 each.The issue price is Rs.61 and is 6.1 times of the equity shares.Bid can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Objective of issue

Upgradation of existing plant i.e. Unit 1 situated at Roorkee, Uttarakhand India. Margin Money for setting up of Manufacturing facility i.e. Unit No 2 situated at Roorkee, Uttarkhand India. Enhancement of the company's brand through advertising and other brand-building activities. Long term Working Capital Requirements. Acquisition and Other Strategic Initiatives. General Corporate Purposes.

Cian Healthcare Ltd Contact Details

Cian Healthcare Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@cian.co

Website - www.cian.co