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Open
2 May 2019
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Close
15 May 2019
3
Allotment
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Listing
Thu, May 23, 2019
Price Band
₹59 to ₹65
Issue Size
62,16,000 shares (agg. up to ₹38 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, May 23, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.09x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2018 | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|---|
| Assets | 85.90 | 77.62 | 61.28 | 56.82 |
| Total Income | 44.48 | 59.59 | 51.85 | 47.16 |
| Profit After Tax | 5.25 | 3.76 | 2.24 | 1.37 |
| NET Worth | 25.36 | 16.80 | 13.04 | 10.81 |
| Reserves and Surplus | 8.21 | 15.40 | 11.64 | 9.41 |
| Total Borrowing | 43.37 | 47.64 | 39.68 | 31.06 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rajnish Wellness Ltd. | SME | ₹11.98 Cr | ₹95 | null | ₹100.15 | +5.42% | ₹0.41 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Upgradation of existing plant i.e. Unit 1 situated at Roorkee, Uttarakhand India | 3.50 |
| 2 | Margin money for Setting up of manufacturing facility i.e. Unit 2 situated at Roorkee, Uttarakhand, India | 7.28 |
| 3 | Enhancement of our Company’s brand through advertising and other brand-building activities | 1.50 |
| 4 | Long term working capital requirements | 10.00 |
| 5 | Acquisitions and other strategic initiatives | 7.09 |
| 6 | General corporate purposes | 4.74 |
About Cian Healthcare IPO
Incorporated in 2003, Cian Healthcare Limited is a multinational manufacturing company certified by WHO-GMP & ISO -9001:2015 and Food and Drug Control Administration to work in the area of Food supplement, Sexual Wellness, Cosmeceuticals, Nutraceutical, Ayurvedic, and Pharmaceutical products. The manufacturing process of the company complies with the prescribed rules and regulations of the World Health Organization. The company is engaged in developing, manufacturing and commercialising the pharmaceutical products under 12 therapeutic divisions and 10 sales division. The company operates the business under the brand and is also involved in government supplies, export and third-party manufacturing activities. Products:The product list of the company includes Sachet, Gels, Lotions, Creams, Ointments, Liquid Orals, Capsules, and Tablets. Apart from this, the company also owns a special licence to manufacture veterinary products such as Venky's and SAVAvet. The company manufactures pharmaceutical products for both the foreign and domestic markets. Category wise sales:As on 31st March 2018, the total company sale was comprising 37% from contract manufacturing, 24% from government suppli
Contact Details
Cian Healthcare Ltd. AddressMilkat No.3339, Block No.1From South Side, C.S.No.227 /2 + 3A, Harpale ParkOpp Berger Paint, PhursungiPune, Maharashtra, 412308020-41471234 /265cs@cian.coVisit Website