IPO Issue Details
Issue Price / Price Band₹30 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size9,00,000 shares (aggregating up to ₹2.70 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 12 Apr 2017
Subscription CloseMon, 17 Apr 2017
Anchor AllotmentTue, 11 Apr 2017
Basis of AllotmentSun, 23 Apr 2017
Initiation of RefundsMon, 24 Apr 2017
Credit of Shares to DematMon, 24 Apr 2017
Listing DateMon, 24 Apr 2017
UPI Mandate Deadline2017-04-17
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 4,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 8,000 shares
Net Offer to Public8,48,000 shares (aggregating up to ₹2.54 Cr)
Reserved for Market Maker52,000 shares (aggregating up to ₹0.1560 Cr)
Pre-IPO Promoter Holding24,00,000 shares
Post-IPO Promoter Holding33,00,000 shares
About KMS Medisurgi Ltd.
Incorporated in 1999, KMS Medisurgi Ltd is in the business of manufactures and sells surgical tapes and other surgical equipment in India. They offers absorbable gelatin surgical sponges, surgipore tapes, cushions for ESWL-VI shock wave hand, dressing post-op medicated, dressing silicon gel, micrporus surgical foam tapes, fleece fabrics and double side adhesive tapes.The company also provides surgical disposables; haemostats; medical devices; and urology, surgery, orthopedic/physiotherapy, blood banking, biotechnology, research, oncology, radiology, diagnostics, ICU and rehabilitation, cardiology, critical care, laboratory and scientific, and surgical equipment. In technical collaboration with Liba Tape Co., Japan, they manufacture high quality surgical adhesive tapes for the healthcare industry in India. KMS Group also has its footing in the domain of stock broking and commodities and offer its services under the flagship of KMS Stock Broking Company Pvt Ltd.
Objects of the Issue
KMS Medisurgi Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
To part-finance incremental working capital requirements
2.35
Shareholding & Lock-in
Pre-IPO Promoter Holding
24,00,000 shares
Post-IPO Promoter Holding
33,00,000 shares