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Medplus Health Services Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Medplus Health Services Ltd IPO

Registered Office: 707 7th Floor 5-9-13 Saifabad,Taramandal Commercial Complex , Hyderabad - 500004 , Telangana , India.
Phone : 91-040-6724 6724   Fax:
Email :  cs@medplusindia.com; ir@medplusindia.com  
Website :  www.medplusindia.com
Initial public offering of 17,573,342* equity shares of face value of (Rs)2 each ("Equity Shares") of Medplus Health Services Limited (The "Company" or the "Company" or the "Issuer") for cash at a price of (Rs)796 per equity share (including a premium of (Rs)794 per equity share) ("Offer Price") aggregating to (Rs)1398.30 crores (The "Offer"), comprising of a fresh issue of 7,544,511 equity shares aggregating to (Rs)600.00 crores (The "Fresh Issue") by the company and an offer for sale of 10,028,831 equity shares aggregating to (Rs)798.30 crores (The "Offer for Sale"), comprising of 7,826,626 equity shares aggregating to (Rs)623.00 crores by PI Opportunities Fund - I ("Investor Selling Shareholder"), 1,344,221 equity shares aggregating to (Rs)107.00 crores by S. S. Pharma LLC, 402,010 equity shares aggregating to (Rs)32.00 crores by Shore Pharma LLC, 125,628 equity shares aggregating to (Rs)10.00 crores by Natco Pharma Limited, 125,628 equity shares aggregating to (Rs)10.00 crores by Time Cap Pharma Labs Private Limited, 89,547 equity shares aggregating to (Rs)7.13 crores by A. Raghava Reddy, 53,115 equity shares aggregating to (Rs)4.23 crores by K. Prakurthi, 27,135 equity shares aggregating to (Rs)2.16 crores by Navdeep Patyal, 18,467 equity shares aggregating to (Rs)1.47 crores by Sangeeta Raju, 14,974 equity shares aggregating to (Rs)1.19 crores by R. Venkat Reddy, 276 equity shares aggregating to (Rs)0.02 crores by TK Kurien, 251 equity shares aggregating to (Rs)0.02 crores by Nithya Venkataramani, 251 equity shares aggregating to (Rs).0.02 crores by Atul Gupta, 251 equity shares aggregating to (Rs)0.02 crores by Manoj Jaiswal, 251 equity shares aggregating to (Rs)0.02 crores by Rahul Garg, 100 equity shares aggregating to (Rs)0.008 crores by Kollengode Ramanathan Lakshminarayana and 100 equity shares aggregating to (Rs)0.008 crores by Bijou Kurien (collectively, the "Other Selling Shareholders" and collectively with the investor selling shareholder are referred to as the "Selling Shareholders") and such equity shares, the "Offered Shares"). The offer includes a reservation of 69,637 equity shares, aggregating up to (Rs)5.00 crores (constituting up to 0.06% of the post-offer paid-up equity share capital), for subscription by eligible employees (as defined hereinafter) ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The company and the investor selling shareholder may, in consultation with the book running lead managers, offer a discount of 9.80 to the offer price to eligible employees bidding in the employee reservation portion ('Employee Discount"). The offer and the net offer shall constitute 14.72% and 14.67%, respectively, of the post-offer paid-up equity share capital of the "Company"). The face value of equity shares is (Rs)2 each. The offer price is 398 times the face value of the equity shares. *Subject to finalisation of the basis of allotment. #A discount of (Rs)78 per equity share was offered to eligible employees bidding in the employee reservation portion. Bids can be made for minimum 18 equity shares and in multiples of 18 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
13-Dec-21 15-Dec-21 (Rs)796.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :18  Further Multiples of :18

  (Rs Cr) Lead Managers to the Issue
Project Cost 600.00
Axis Capital Ltd
Project Financed through Current Offer 1398.30  
Post Issue Equity Share Capital 23.86  
Issue Price (Rs)796.00  
 
Projects
Funding Working Capital Requirements of the Material Subsidiary, OptivalGeneral Corporate Purposes
Promoted By
Gangadi Madhukar Reddy  
Lone Furrow Investments Pvt Lt  
Agilemed Investments Pvt Ltd  
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd