IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 32,587,500 (50%) | — | ₹3,585 Cr |
| NII (HNI) | — | 9,776,250 (15%) | — | ₹1,075 Cr |
| Retail | — | 22,811,250 (35%) | — | ₹2,509 Cr |
| Σ Total | — | 65,175,000 (100%) | — | ₹71,693 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 500 | ₹5,500 |
| Retail (Max) | 13 | 6,500 | ₹71,500 |
| S-HNI (Min) | 14 | 7,000 | ₹77,000 |
| B-HNI (Min) | 67 | 33,500 | ₹368,500 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Capital Expenditure for Setting up 55 centers across the country – 49.50
- 2 Working Capital Requirements – 0.70
- 3 Brand Promotion – 6.00
- 4 Issue Expenses – 6.50
- 5 Contingencies – 1.24
- 6 Preliminary & preoperative expenses – 1.24
Company Overview
Incorporated in 2008, Birla Pacific Medspa Limited is an India based healthcare provider. Birla Pacific Medspa is a joint venture of Yash Birla Group, a Rs 30 billion group of over 20 diversified companies and Pacific Healthcare, East Asia’s leading healthcare provider, with healthcare facilities in Singapore, Hong Kong, and China.
Birla Pacific Medspa provides beauty related medical procedures in India. Using state-of-the-art equipments, the internationally qualified panel of doctors provides patient centric solutions and offers the latest and safest treatments.
Company operates it healthcare centers under the brand name EVOLVE. Company operates 3 healthcare centers in Mumbai and has 2 franchises in Thane and Chennai. Company's expertise includes Cosmetic Dermatology, Cosmetic & Plastic Surgery, General & Specialist Dentistry and Maxillo Facial Prosthesis. It has introduced i-lipo, a non-surgical inch loss treatment, for the first time in India.