IPO Issue Details
Issue Price / Price Band₹100 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size42,12,000 shares (aggregating up to ₹42.12 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 18 Dec 2018
Subscription CloseThu, 20 Dec 2018
Anchor AllotmentMon, 17 Dec 2018
Basis of AllotmentWed, 26 Dec 2018
Initiation of RefundsThu, 27 Dec 2018
Credit of Shares to DematFri, 28 Dec 2018
Listing DateMon, 31 Dec 2018
UPI Mandate Deadline2018-12-20
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 1,200 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 2,400 shares
Net Offer to Public40,00,800 shares (aggregating up to ₹40.01 Cr)
Reserved for Market Maker2,11,200 shares (aggregating up to ₹2.11 Cr)
Pre-IPO Promoter Holding1,35,01,430 shares
Post-IPO Promoter Holding1,57,13,430 shares
Fresh Issue Shares20,00,800 shares (aggregating up to ₹20.01 Cr)
Offer for Sale Shares20,00,000 shares of ₹10 (aggregating up to ₹20.00 Cr)
About Deccan Health Care Ltd.
Incorporated in 1996, Deccan Health Care is Hyderabad based company engaged in developing, manufacturing and marketing of healthcare products. The company offers premium range nutraceutical, cosmeceutical and Ayurveda products under the brand name 'Be Young' and 'Stay Young'.The Company offers more than 1,500 products. These products are used for various purposes such as hair care, skin care, heart care, immunity building, etc. The company offers a long-chain omega-3 fatty acid, joint health nutrients, diacerein, antioxidants, immune enhancing components, skin ageing products, instant energy drinks, and calcium supplements; and a formula for males. The company supplies their products in various forms such as tablets, capsules, gel, liquids, ointments, powder, pastes, etc.Deccan Health Care also has set up online B2C e-commerce portals BeYoungStore.com and StayYoungStore.com to sell its products directly to the customer. It has a manufacturing facility at SIDCUL Pantnagar, Rudrapur, Uttarakhand. The company has more than 140 distributors and around 6100 marketing agents.
Objects of the Issue
Deccan Health Care Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Repayment/Prepayment of certain secured borrowings availed by the Company
7.95
2
2 Purchase of Plant & Machinery and related civil work
5.55
3
3 General Corporate Purposes
5.50
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,35,01,430 shares
Post-IPO Promoter Holding
1,57,13,430 shares