API Holdings IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Nov 16, 2022Let’s have a detailed review of the company and analytics of the API Holdings IPO release date, IPO offer price, subscription, API Holdings Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 1 |
| Price Band | Rs [●] |
| Listing At | BSE, NSE |
| Min. Order Quantity | NA |
| Listing Date | NA |
| Offer for Sale | Rs Million |
| Fresh Issue | Rs Million |
| IPO Size | Rs 62,500 Million |
| Tick Size | 1 |
API Holdings IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
API Holdings IPO – Summary
They are India’s largest digital healthcare platform (based on GMV of products and services sold for the year ended March 31, 2021), according to RedSeer Report.
They operate an integrated, end-to-end business that aims to provide solutions for the healthcare needs of consumers.
Their custom-built proprietary technology, unified data platforms, supply chain capabilities, and deep understanding of the dynamic interplay between the various sub-segments of India’s healthcare market are the capabilities that differentiate them. These capabilities enable them to provide each stakeholder in the healthcare value chain.
The Promoter of this company is NA. The lead manager to the issue is Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, BofA Securities India Limited, Citigroup Global Markets India Private Limited, and JM Financial Limited, and the Registrar to this issue is Link Intime India Private Limited.
API Holdings IPO Date
The opening and the closing date of API Holdings IPO are not available yet.
Check out Related IPO Links:
| API Holdings IPO GMP |
| Allotment – API Holdings IPO |
API Holdings IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – | ||||
| 2nd Day – | ||||
| 3rd Day – | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Check API Holdings IPO LIVE Subscription
- API Holdings IPO LIVE Bid details on BSE
- API Holdings IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
API Holdings IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
API Holdings Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | – |
| Refunds Initiation | – |
| Credit of Shares to Demat Account | – |
| Share Listing Date | – |
API Holdings IPO Price
The face value of each share is Rs.1, but the price band of the IPO is Rs.[●]
API Holdings IPO Size
This Initial Public Issue of X Equity Shares of Rs.1 each for cash at a price of Rs.[●] per equity share aggregating to Rs.62,500 Million.
API Holdings IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.1/ each.
Issue Size: X Equity Shares of Rs.1 each, aggregating to Rs.62,500 Million
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API Holdings IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – API Holdings Share Price |
API Holdings IPO Grey Market Premium
The API Holdings Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
API Holdings IPO – Company Overview
Their businesses have a presence across the country, with last-mile 163 capabilities to deliver in over 18,587 pin codes (for June 2021) via PharmEasy marketplace, allowing them the ability to provide access in an affordable manner to the common man.
Their platforms have scaled across urban, semi-urban, and rural India, with an ability to serve people across income groups and geographies.
Their core conviction is that technology must play a vital role in seamlessly linking all the various healthcare segments and driving superior health outcomes for customers and other strategic benefits to all stakeholders.
They have endeavored to build a connected digital ecosystem for each stage of the supply chain, as well as the patient journey.
API Holdings IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Million) | |||
| 30-Jun-21 | 31-Mar-21 | Mar-20 | |
| Total Assets | 58,435.61 | 49,053.44 | 5,724.75 |
| *Total Revenue | 12,072.60 | 23,606.62 | 7,374.48 |
| Total Expense | 15,270.17 | 29,809.28 | 10,844.04 |
| Profit After Tax | (3,138.91) | (6,413.36) | (3,352.79) |
Earnings per Equity Share (in Million)
| 30-Jun-21 | 31-Mar-21 | Mar-20 | |
| Basic & Diluted | (77.20) | (206.77) | (129.15) |
Further, their PAT for the period ended on June 30, 2021, March 31, 2021, and March 31, 2020, were Rs. (3,138.91) Million, Rs. (6,413.36) Million, and Rs. (3,352.79) Million respectively.
API Holdings IPO – Promoters
The Promoter of this company is:
- NA
List of Related Parties (Key Managerial Personnel)
- Siddharth Shah, Co-founder, Managing Director, and Chief Executive Officer
- Aditya Puri, Chairman, and Non-Executive Director
- Harsh Parekh Co-founder and Whole-time Director
- Dharmil Sheth, Co-Founder, and Whole-time Director
- Ashutosh Sharma, Non-Executive Director
- Ankur Thadani, Non-Executive Director
API Holdings IPO – Promoters Holding
- Pre Issue Share Holding – %
- Pos Issue Share Holding – %
API Holdings IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to X Equity Shares aggregating up to Rs.62,500 Million |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue | 6,098,109,930 Equity Shares |
| Equity Shares outstanding after the Issue | X Equity Shares |
API Holdings IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by their Company and certain of their Subsidiaries;
2. Funding organic growth initiatives;
3. Pursuing inorganic growth through acquisitions and other strategic initiatives; and
4. General corporate purposes.
API Holdings IPO – Business Strategy
- To build an integrated all-in-one healthcare platform for every healthcare ecosystem stakeholder
- Further, develop their custom-built healthcare-first supply chain for cutting-edge outcomes
- Strive to be the trusted partner-of-choice for stakeholders across the healthcare ecosystem
- Focus on ‘outcome orientation’ over ‘transaction orientation’ for end customers
- Pursue strategic investments and acquisitions to further enhance product and service capabilities
- Constantly innovate to deliver excellent customer experience in a channel-agnostic way
- Further expand their product portfolio, private label, and service offerings
API Holdings IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- An integrated business model with stakeholder relationships across the healthcare value chain;
- Recognized PharmEasy brand;
- Technology-driven approach;
- Track record of Acquiring and Integrating Businesses;
- Scaled supply chain capabilities;
- Resilient business model with scale and improving financial metrics; and
- Experienced, Committed, and Passionate founding and professional management team.
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 30-Jun-21 | (0.70) | (7.34%) | 8.91 |
| 31-Mar-21 | (1.88) | (18.50%) | 8.00 |
| Mar-20 | (1.17) | (136.14%) | – |
API Holdings IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Millions) | |
| API Holdings Limited | 10 | [●] | (0.70) | (7.34%) | 12,072.60 |
| Listed Peers | |||||
| NA | – | – | – | – | – |
API Holdings IPO Lead Managers
| Lead Managers |
|
Kotak Mahindra Capital Company Limited Morgan Stanley India Company Private Limited BofA Securities India Limited Citigroup Global Markets India Private Limited JM Financial Limited |
API IPO Registrar to offer
| Registrar to the Offer |
| Link Intime India Private Limited C-101, 247 Park, L B S Marg, Vikhroli (West), Mumbai 400 083, Maharashtra, India Tel: +91 22 4918 6000 E-mail:apiholdings@linkintime.co.in Website: www.linkintime.co.in Investor grievance ID: apiholdings@linkintime.co.in Contact Person: Shanti Gopalkrishnan SEBI Registration No.:INR000004058 |
API IPO – Other Details
- Statutory Auditor – Price Waterhouse Chartered Accountants LLP
- Legal Counsel to the Company – Cyril Amarchand Mangaldas
- Bankers to the Company – HDFC Bank Limited and ICICI Bank Limited
API Holdings IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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API Holdings Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
API Holdings IPO Review FAQs
Ques – What is the Issue Size of API Holdings IPO?
Answer – The Company is making an initial public offer of NA equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
Ques – What is the Price band of API Holdings IPO?
Answer – The price band for this particular IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.1 per share.
Ques – What is the API Holdings IPO Open Date?
Answer – The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
Ques – What is the API Holdings IPO Allotment Date?
Answer – They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
Ques – What is the API Holdings IPO Listing Date?
Answer – Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Ques – Who is the Registrar of API IPO?
Answer – One of the reputed registrars is managing the issue of this IPO, i.e. Link Intime India Private Limited. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of API IPO?
Answer – Here are the promoters of this IPO – NA. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is the GMP of API Holding IPO?
Answer – They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is API IPO good for Investment?
Answer – They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of API Holdings?
Answer – They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Million is (6,413.36), and 2020 is (3,352.79). PAT from June 2021 is (3,138.91).
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