Issue Price
₹128
Per Share
GMP
NIL
Grey Market
Est. Listing
₹128
Expected Price
Min. Application
₹12,800
2 lots × 50 shares
Incorporated in 2003, Talwalkars Better Value Fitness Limited owns one of the largest fitness chain in India offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand 'Talwalkars'. Talwalkars first gym was setup in the year 1932.As of today, Company operates 51 health clubs in 24 cities of 11 states across the country serving over 55,000 members. Talwalkars were the Official Fitness Partners for Standard Chartered Mumbai Marathon in 2008 and 2009 and Femina Miss India Contest in 2009.
Talwalkars Better value Fitness Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 6,050,000 | 100.00% | ₹77.44 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹6,400 |
| Retail (Max) | 2 | 100 | ₹12,800 |
| sNII (Min) | 32 | 1,600 | ₹204,800 |
| bNII (Min) | 157 | 7,850 | ₹1,004,800 |
| Particulars | 30-Sep-09 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Revenue from Operations | 35.88 | 59.42 | 38.49 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 3.19 | 5.68 | 4.51 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |