IPO review

Metropolis IPO allotment status will be available soon. The IPO allotment is expected to take place within 4 working days from the closing of the issue on April 4th. The allotment status should be available by April 10th and it should start trading from April 14th.

As the issue was heavily subscribed, the allotment would be based on the lottery for retail investor. Out of every 23, 13 would get the shares.

Once the issue is allotted you can check the status here just by providing your PAN card number, application number of Client ID. Just select the option of Application Status, from the drop down select Metropolis IPO and check by providing your PAN Card Details.

The link is slow as lot of people are trying to access it. Please be patient and wait for it to open.

Check your application status

Interested in paying low Brokerage while trading in stocks, check our Top 10 list of Stock brokers in India.

Do check this page again once the Allotment is done. You can check the status just by your PAN card number, Application number or DP ID/Client ID of the applicant.

Note: The Metropolis IPO allotment is at the sole discretion of Registrar of the company.

 

Polycab IPO allotment status will be available soon. The IPO allotment is expected to take place within 4 working days from the closing of the issue on April 9th. The allotment status should be available by April 13th and it should start trading from April 18th.

As the issue was heavily subscribed, the allotment would be based on the lottery for retail investor. Out of every 7, 2 would get the shares. It is expected that the issue would open with a gap up of around Rs 80 – Rs 100

Once the issue is allotted you can check the status here just by providing your PAN card number, application number of Client ID. Just select the option of Application Status, from the drop down select Polycab IPO and check by providing your PAN Card Details.

The link is slow as lot of people are trying to access it. Please be patient and wait for it to open.

Check your application status

Interested in paying low Brokerage while trading in stocks, check our Top 10 list of Stock brokers in India.

Do check this page again once the Allotment is done. You can check the status just by your PAN card number, Application number or DP ID/Client ID of the applicant.

Note: The Polycab IPO allotment is at the sole discretion of Registrar of the company.

 

Lemon Tree Hotels Limited are the India’s largest hotel chain in the mid-priced hotel sector. They are coming up with their initial public offer. They are going to introduce their ipo on 26^th march 2018 and the issue will close on 28^th march 2018. The firm aiming to raise around Rs. 1038.68 cr. by offering shares at Rs 54 – Rs 56 per Equity Share.

About Company

Lemon Tree Hotels Limited was incorporated as “P.M.G Hotels Private Limited” on June 2, 1992, as a private limited company at New Delhi. They are India’s largest hotel chain in the mid-priced hotel sector, and the third largest overall on the basis ofcontrolling interest in owned and leased rooms, as of June 30, 2017. They are theninth largest hotel chain in India in terms of owned, leased and managed rooms, as of June 30, 2017. They operate in the mid-priced hotel sector, consisting of the upper-midscale, midscale andeconomy hotel segments. They seek to cater to Indian middle class guests and deliver differentiated yet superiorservice offerings, with a value-for-money proposition. They opened their first hotel with 49 rooms in May 2004. They operated 4,697 rooms in 45 hotels (including managed hotels) across 28 cities in India. [Read more…] about Lemon Tree Hotels IPO review

H.G. Infra Engineering Ltd is an infrastructure construction, development and management company. They are coming up with an initial public offer which will hit the primary market on 26th February 2018 and closes on 28th February 2018. The company aims to raise around Rs 300.00 Cr by offering shares at Rs 263 – Rs 270 per Equity Share.

About Company

H.G. Infra Engineering Ltd was incorporated as “H.G. Infra Engineering Private Limited” on January 21, 2003, as a private limited company under the Companies Act 1956, at Jodhpur. They are an infrastructure construction, development and management company with road projects, including highways, bridges and flyovers. Their main business operations includes:- [Read more…] about H.G. Infra IPO review

Aster DM Healthcare Ltd is one of the private healthcare service providers which operate in multiple GCC states. They are going to introduce their initial public offer which will hit the primary market on 12th February 2018 and closes on 15th February 2018. The company aims to raise around Rs.725.00 Cr by offering shares at Rs 180 – Rs 190 Per Equity Share.

About company

Aster DM Healthcare Ltd was incorporated as DM Healthcare Private Limited on January 18, 2008 at Kochi, Ernakulam, Kerala. According to the Frost & Sullivan Report, they are private healthcare service providers which operate in multiple GCC states based on numbers of hospitals and clinics and an emerging healthcare in India.

They operate in multiple segments of the healthcare industry which include hospitals, clinics and retail pharmacies and provide healthcare services to patients across economic segments in several GCC states through their various brands “Aster”, “Medcare” and “Access”.

They commenced operations in 1987 as a single doctor clinic in Dubai established by their founder, Dr. Azad Moopen. Their Company was incorporated in 2008 in a reorganisation to facilitate the growth of their operations, subsequent to which operations in the GCC states and India were consolidated under their Company. Their “MIMS”, or Malabar Institute of Medical Sciences, hospital in Kozhikode, Kerala, India, commenced operations in 2001.

They had 149 operating facilities, including 10 hospitals with a total of 1,419 installed beds as of March 31, 2013 and have expanded to 323 operating facilities, including 19 hospitals with a total of 4,754 installed beds as of September 30, 2017. Further, we entered into an operation and management services agreement with Rashtreeya Sikshana Samithi Trust in Bengaluru effective February 25, 2017 to provide operation and management services at a hospital in J P Nagar, Bengaluru.

They have a diversified portfolio of healthcare facilities, consisting of 9 hospitals, 90 clinics and 206 retail pharmacies in the GCC states, 10 multi-specialty hospitals and 7 clinics in India, and 1 clinic in the Philippines. Their hospitals in India are located in Kochi, Kolhapur, Kozhikode, Kottakkal, Bengaluru, Vijayawada, Guntur, Wayanad and Hyderabad and are operated under the “Aster”, “MIMS”, “Ramesh” or “Prime” brands. Their clinics in India are located at Kozhikode, Eluru and Bengaluru.

They had 17,408 employees as of September 30, 2017, including 1,417 full time doctors, 5,797 nurses, 1,752 paramedics and 8,442 other employees (including pharmacists). In addition, they had 891 “fee for service” doctors working across various specialities in their hospitals in India.

They currently operate in all of the GCC states, which comprise the United Arab Emirates, Oman, Saudi Arabia, Qatar, Kuwait and Bahrain, in Jordan (which they classify as a GCC state as part of their GCC operations), in India and the Philippines. Their GCC operations are headquartered in Dubai, United Arab Emirates and their Indian operations are headquartered in Kochi, Kerala.

A majority of their hospitals and clinics provide secondary and tertiary healthcare services to patients. In addition to providing core medical, surgical and emergency services, some of their hospitals provide complex and advanced quaternary healthcare in various specialties, including cardiology, oncology, radiology, ophthalmology, neurosciences, paediatrics, gastroenterology, orthopaedics and critical care services.

Strategy

Their mission is to improve the quality of healthcare services provided in the communities.

1. Continue to grow within their existing centers.
2. Increase presence by way of greenfield expansions.
3. Pursue inorganic growth opportunities to expand into newer service offerings or new markets.
4. Capitalise on mandatory health insurance in GCC.
5. Implementation of initiatives to improve existing operational efficiencies and profitability.

Qualitative Factors

They believe the following business strengths allow them to successfully compete in the industry:

• Long standing presence across GCC states and India with strong brand equity
• Well diversified portfolio of service offerings to leverage multiple market opportunities
• Provision of high quality healthcare service
• Ability to attract and retain high quality medical professionals
• Ability to identify, adapt to and capitalise on market developments, conditions, trends and opportunities
• Track record of operating and financial performance and growth
• Experienced core management team

Objects of the Issue:

The Offer comprises the Fresh Issue and the Offer for Sale. Company will not receive any proceeds from the Offer for Sale. Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

1. Repayment and/or pre-payment of debt.
2. Purchase of medical equipment.
3. General corporate purposes.

Bid/Offer Programme 

BID/OFFER OPENS ON	February 12, 2018
BID/OFFER CLOSES ON	February 15, 2018
Bid/Offer Closing Date	February 15, 2018
Finalisation of Basis of Allotment with the Designated Stock Exchange	On or about February 22, 2018
Initiation of refunds (if any, for Anchor Investors)/unblocking of funds from ASBA Account	On or about February 22, 2018
Credit of Equity Shares to demat accounts of Allottees	On or about February 23, 2018
Commencement of trading of the Equity Shares on the Stock Exchanges	On or about February 26, 2018

 

Financial of the issue

 

Aster has (on a consolidated basis) posted revenue/net profits of Rs. 3899.05 cr., / Rs. 272.11 cr. (FY15-on proforma basis), Rs. 5275.16 cr. / Rs. 8.21 cr. (FY16) and Rs. 5967.90 cr. / Rs. 266.75 cr. (FY17). For first half of current fiscal, it has earned loss of Rs. -82.71 cr. on revenue of Rs. 3141.37 cr. This was due to taking over of one Government hospital. Because of  negative Earning, EPS for this year cannot be calculated.

 

Disclaimer: We are not SEBI registered advisor and this article is not an investment advice. We are not authorized to give investment advice nor do we provide it on this website. In case you are interested in investing, we would advise you to contact your advisor for the same. We cannot be held liable for any loss arising due to investment made as per this article.

 

 

Reliance Nippon Life Asset Management Ltd is the assets management company in India. They are going to introduce their initial public offer which will hit the primary market on 25^th October, 2017 and closes on 27^th October, 2017. The company aims to raise around Rs.1, 542.24 crore by offering shares at Rs 247 – Rs 252 Per Equity Share. [Read more…] about Reliance Nippon Life Asset Management IPO review

Godrej Agrovet IPO allotment status will be available soon. The IPO allotment is expected to take place within 6 working days from the closing of the issue on Oct 6th. The allotment status should be available by Oct 13th and it should start trading from Oct 16th.

Once the issue is allotted you can check the status here just by providing your PAN card number, application number of Client ID. Just select the option of Application Status, from the drop down select Godrej Agrovet IPO and check by providing your PAN Card Details.

The link is slow as lot of people are trying to access it. Please be patient and wait for it to open.

Check your application status

Interested in paying low Brokerage while trading in stocks, check our Top 10 list of Stock brokers in India.

Do check this page again once the Allotment is done. You can check the status just by your PAN card number, Application number or DP ID/Client ID of the applicant.

Note: The Godrej Agrovet IPO allotment is at the sole discretion of Registrar of the company.

 

Capacit’e Infraprojects IPO allotment status will be available soon. The IPO allotment is expected to take place within 6 working days from the closing of the issue on Sep 15th. The allotment status should be available by Sep 21st and it should start trading from Sep 25th.

Once the issue is allotted you can check the status here just by providing your PAN card number, application number of Client ID. Just select the option of Application Status, from the drop down select Capacit’e Infraprojects IPO and check by providing your PAN Card Details.

The link is slow as lot of people are trying to access it. Please be patient and wait for it to open.

Check your IPO application status for Capacit’e

Interested in paying low Brokerage while trading in stocks, check our Top 10 list of Stock brokers in India.

Do check this page again once the Allotment is done. You can check the status just by your PAN card number, Application number or DP ID/Client ID of the applicant.

Note: The Capacit’e Infraprojects IPO allotment is at the sole discretion of Registrar of the company.

 

ICICI Lombard General Insurance Company Limited is the private-sector non-life insurer in India based on gross direct premium income. The firm is a joint venture with ICICI Bank Limited. ICICI Lombard General Insurance is the second insurance company from the ICICI group to go public. Last year, ICICI Prudential Life Insurance Co. Ltd raised Rs 6,000 crore in an initial share sale, the first public offering by an Indian life insurance company. Now, ICICI Lombard General Insurance Company Limited going to introduce their initial public offer which will hit the primary market on 15^th September, 2017 and closes on 19^th September, 2017. [Read more…] about ICICI Lombard IPO Review – What you should know

ICICI Lombard IPO allotment status will be available soon. The IPO allotment is expected to take place within 6 working days from the closing of the issue on Sep 19th. The allotment status should be available by Sep 22nd and it should start trading from Sep 27th.

Once the issue is allotted you can check the status here just by providing your PAN card number, application number of Client ID. Just select the option of Application Status, from the drop down select ICICI Lombard IPO and check by providing your PAN Card Details.

The link is slow as lot of people are trying to access it. Please be patient and wait for it to open.

Check your application status

Interested in paying low Brokerage while trading in stocks, check our Top 10 list of Stock brokers in India.

Do check this page again once the Allotment is done. You can check the status just by your PAN card number, Application number or DP ID/Client ID of the applicant.

Note: The ICICI Lombard IPO allotment is at the sole discretion of Registrar of the company.