IPO Issue Details
Issue Price / Price Band₹20 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size18,00,000 shares (aggregating up to ₹3.60 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 17 Mar 2022
Subscription CloseTue, 22 Mar 2022
Anchor AllotmentWed, 16 Mar 2022
Basis of AllotmentFri, 25 Mar 2022
Initiation of RefundsMon, 28 Mar 2022
Credit of Shares to DematTue, 29 Mar 2022
Listing DateWed, 30 Mar 2022
UPI Mandate Deadline2022-03-22
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 6,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 12,000 shares
P/E Ratio (Pre-IPO)54.05x
Net Offer to Public17,04,000 shares (aggregating up to ₹3.41 Cr)
Reserved for Market Maker96,000 shares (aggregating up to ₹0.1920 Cr)
Pre-IPO Promoter Holding49,41,000 shares
Post-IPO Promoter Holding67,41,000 shares
About Achyut Healthcare Ltd.
Incorporated in 1996, Achyut Healthcare Limited is engaged in the trading of Pharmaceutical Products. The company has business operations in both domestic and international markets in the countries namely UAE, Kenya, and Nigeria. The company is located in Ahmedabad, Gujarat.The company involves in the trading of Cenzure, Arpimune, Azathioprine IP, Everomimus, Mycophenolate Mofetil USP, Mycophenolate Sodium USP, Sirolimus, Tacrolimus USP, Infrared thermometer, Ascorbic Acid Coated Vitamin C, Calcium carbonate oyster, Cellulose acetate Phthalate, Chlorthalidone IP, Cross Carmalose Sod IP/USP, DI Basic Calcium Phosphate IP, DI Ethyl Phthlate, Diltiazem Hydrochloride IP, Easy Coat Fc Titanium Dioxide, Escitalopram IP, Escitalopram Oxalate, Favipiravir among many other products.Competitive Strengths:Pan India and Global market presence.Long-standing relationship with our customers having an exponentially strong rise and reach.Experienced management team with proven project management and implementation skills.Multi-location facilities have aided in market penetration and developing a strong presence in India and abroad.
Objects of the Issue
Achyut Healthcare Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding purchase of machineries and equipment
2.76
2
2 General Corporate Purpose
0.59
Shareholding & Lock-in
Pre-IPO Promoter Holding
49,41,000 shares
Post-IPO Promoter Holding
67,41,000 shares