Deccan Health Care Limited  mainly develop and market differentiated healthcare products specializing in nutraceutical and cosmeceutical products, which they commercialize through different revenue channels that takes the products solutions to the consumers which includes network of distributors, marketing agents, direct to consumers and e-commerce channel for their domestic sales. Deccan Health Care IPO comprises public Issue of  42,12,000 Equity Shares of Rs.10/- each.

Let’s have a detailed review of the company and analytics of the Deccan Health Care IPO release date, IPO offer price, subscription, Deccan Health Care IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.


Deccan Health Care IPO Review & Ratings

IPO Ratings & Review
CriteriaRatings
Industry Sentiments8.5/10
Industry Ranking7.8/10
Company Background7.9/10
Company Reputation7.9/10
Competitive Edge8.7/10
Financial Statements7.8/10
Popularity Index8.4/10
Promoters Reputation7.7/10
Retail Appetite7.9/10
Top Brokers Review7.9/10
Overall Ratings7.9/10
Star Ratings★★★★☆

Summary of Deccan Health Care IPO

Deccan Health Care IPODeccan Health Care Limited  mainly develop and market differentiated healthcare products specializing in nutraceutical and cosmeceutical products, which they commercialize through different revenue channels that takes the products solutions to the consumers which includes network of distributors, marketing agents, direct to consumers and e-commerce channel for their domestic sales. The Company is not required to maintain bifurcation of sales in the category of distributors, marketing agents, direct to consumers and e-commerce channel for domestic sales.Deccan Health Care IPO comprises public Issue of  42,12,000 Equity Shares of Rs.10/- each .

From FY 2013-14 to FY 2016-2017, as per the Restated Financial Statements,

  • The EBITDA and restated profit for the period/year have reduced at a CAGR of 30.17% respectively, from Fiscal 2016 to Fiscal 2018 and but has grown and was Rs.247.81 lakhs and Rs. 1,267.45 lakhs, respectively, in the three months ended June 30, 2018.
  • The net asset value per Equity Share was Rs. 3,875.02  and Rs.3,648.01 as of June 30, 2018 and March 31, 2018, respectively, as per the Restated  Financial Statements.
  • The company sales have grown at a CAGR of  145.22% from  3,976.07  in Fiscal 2018  from 1,617.70 in the fiscal year 2016

The Promoters of this company are  Minto Purshotam Gupta  and Hitesh Patel. The lead manager to the issue are  Pantomath Capital Advisors Private Limited and the Registrar to this issue is  Bigshare Services Private Limited .


Open Free* Demat A/C Now! Fill the details below

    Fill Your Details Here



    Deccan Health Care IPO Date

    The opening and the closing date of Deccan Health Care IPO is Dec 18, 2018 – Dec 20, 2018.


    Deccan Health Care IPO Subscription

    Day / DateQIBNIIRIITotal Subscription
    Day 1: 18th Dec
    Day 2: 19th Dec
    Day 3: 20th Dec
    Day 4
    Day 5
    Shares Offered or Net Issue

    The shares subscribed by the public will be updated here.


    Deccan Health Care IPO Allotment Status

    Here, you can find the Allotment Status of this IPO.

    Basis of Allotment Finalisation26-Dec-18
    Refunds Initiation27-Dec-18
    Credit of Shares to Demat A/C28-Dec-18
    Listing Date IPO Shares 31-Dec-18

    Deccan Health Care IPO Price Band

    The face value of each share is Rs 10, but the price band of the IPO is Rs 95 – Rs 100 Per Equity Share. 


    Deccan Health Care IPO Equity Share Offering

    Initial public offer of up to 42,12,000 Equity Shares of Rs. 10 each, aggregating up to Rs 42.12 Crores. The minimum order quantity and market lot is 1200 shares.


    Deccan Health Care Limited – Company Overview

    Deccan Health Care Limited  mainly develop and market differentiated healthcare products specializing in nutraceutical and cosmeceutical products, which they commercialize through different revenue channels that takes the products solutions to the consumers which includes network of distributors, marketing agents, direct to consumers and e-commerce channel for their domestic sales. The Company is not required to maintain bifurcation of sales in the category of distributors, marketing agents, direct to consumers and e-commerce channel for domestic sales.The Company has a diversified product portfolio with r product basket consisting of more than 1,500 products used for various purposes such as hair care, skin care, heart care, immunity building, etc. They have the ability to supply products in various forms such as tablets, capsules, gel, liquids, ointments, powder, pastes, etc.

    The Company is promoted by Minto Purshotam Gupta and Hitesh Patel and are the guiding force behind the growth and strategic decisions of the Company.

    Competitive Strengths of Deccan Health Care Limited:

    • Experienced core management team
    • Our financial performance and tax incentives.
    • Multi product capability and proven Research & Development capabilities
    • Product Range
    • Quality assurance
    • Widespread domestic presence and distribution network

    Business strategies of Deccan Health Care Limited:

    • Create a global presence
    • Make optimum utilization of their production capacity
    • Increase sales through e-commerce medium
    • Investment in R&D driving sustainable growth.
    • Widen our product range and capitalize on emerging Nutraceutical sector
    • Improve operational efficiencies

    Deccan Health Care Limited – Financial Statements

    A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus:

    Financial Summary:

    On the basis of Standalone statement:-

    Amount (in INR & Lakhs)
    31-Jun-1831-Mar-1831-Mar-1731-Mar-16
    Total Assets6,553.406,292.994,959.892,934.45
    Total Revenue859.353,976.072,938.941,617.70
    Total Expense611.542,708.621,986.921,243.96
    Profit After Tax245.811,268.78953.91354.21

    Earnings per Equity Share (in Lakhs)

    31-Jun-1831-Mar-1831-Mar-1731-Mar-16
    Basic & Diluted1.829.759.065.48

    From the above statements, one could find that the Deccan Health Care Limited may perform well.


    Deccan Health Care IPO – Promoters

    The Promoters of this company are:

    • Minto Purshotam Gupta 
    •  Hitesh Patel

    List of Related Parties (Key Managerial Personnel)

    • Minto Purshotam Gupta
    • Meenakshi Gupta

    Interest in promotion of the Company

    Company is currently promoted by the Promoters in order to carry on its present business. Promoters are interested in the Company to the extent of their shareholding and directorship of the Individual Promoter in the Company and the dividend declared, if any, by the Company. The Promoters are interested in the transactions entered into the Company and the Promoter Group.

    Property Interest

    The promoters along with the promoter group will continue to hold collectively some percentage of the equity share capital of the company. As a result of the same, they will be able to exercise significant influence over the control of the outcome of the matter that requires approval of the majority shareholders vote.

    Interest in Intellectual Rights of the Company

    Promoters has not shown any interest in acquiring the intellectual rights of the company.


    Deccan Health Care IPO Offer Details or Issue Details

    Particulars No. Of Equity Shares
     Equity Shares Offered Offer of Upto 42,12,000* Equity Shares of face value of Rs. 10/- each fully paid up of the Company for cash at a price of Rs 95 – Rs 100, aggregating up to Rs 42.12 Crores.
     Of which:
    Fresh IssueUpto 22,12,000* Equity Shares of face value of Rs. 10/- each fully paid up of the Company for cash at a price of Rs. Rs 95 – Rs 100.
    Offer for saleUpto 20,00,000* Equity Shares of face value of Rs. 10/- each fully paid of the Company for cash at a price of Rs. Rs 95 – Rs 100.
     Reserved for Market Makers [●] Equity Shares of face value of Rs. 10/- each fully paid up of the Company for cash at a price of Rs. Rs 95 – Rs 100.
     Net Issue to the Public [●] Equity Shares of face value of Rs. 10/- each fully paid of the Company for cash at a price of Rs. Rs 95 – Rs 100.
     Of which:
    QIB Portion[●] Equity shares shall be available for allocation.
    Of which
    Available for allocation to Mutual Funds only (5% of the QIB portion) (Excluding the Anchor Investor Portion)[●] Equity Shares of face value of Rs.10/- each.
    Balance for all QIBs including Mutual Funds[●] Equity Shares of Face Value of Rs. 10/- each 
     Retail Investors Portion [●] Equity Shares of face value of Rs. 10/- each fully paid of the Company at a cash price of Rs. Rs 95 – Rs 100.
     Non-Retail Investors Portion[●] Equity Shares of face value of Rs. 10/- each fully paid of the Company for cash at price of Rs. Rs 95 – Rs 100. per Equity Share aggregating Rs. [●] lakhs will be available for allocation to investors above Rs. 2.00 Lakhs
     Equity Shares outstanding prior to the Issue1,35,01,430 Equity Shares of face value of Rs.10/- each
     Equity Shares outstanding after the IssueUp to 1,57,13,430 Equity Shares of face value of Rs.10/- each

    Deccan Health Care IPO Issue Object

    These are the IPO Issue Objects of the company

    • Repayment/Prepayment of certain secured borrowings availed by our Company
    • Purchase of Plant & Machinery and related civil work
    • General Corporate Purposes

    Deccan Health Care IPO – Basis of the 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:

    • Experienced core management team;
    • Strong financial performance and tax incentives;
    • Multi product capability and proven Research & Development capabilities;
    • Product Range;
    • Quality Assurance; and
    • Widespread domestic presence and distribution network.

    The relevant quantitative factors are:

    Basic & Diluted EPSRONW (%)NAV (Rs.)
    31-Mar-16 5.4842.15
    31-Mar-179.0643.08
    31-Mar-189.7534.7832.84
    • Competitive Peers:
    Sr. No. ParticularsFace Value  (in Rs.)Basic EPS (In Rs.)P/E RatioRONW in %
    1Zydus Wellness
    Limited
    10.0034.2433.4719.36

     

    Deccan Health Care IPO Lead Managers

    Lead Managers
    PANTOMATH CAPITAL ADVISORS PRIVATE
    LIMITED
    406-408, Keshva Premises, Behind Family Court,
    Bandra Kurla Complex,
    Bandra East, Mumbai – 400051
    Tel: +91-22 61946700
    Fax: +91-22 2659 8690
    Website:www.pantomathgroup.com
    Email: ipo@pantomathgroup.com
    Investor Grievance Id: ipo@pantomathgroup.com
    Contact Person: Hardik Bhuta / Unmesh Zagade
    SEBI Registration No:INM000012110

    Deccan Health Care IPO Registrar to offer

    Registrar to the Offer
    BIGSHARE SERVICES PRIVATE LIMITED
    1st Floor, Bharat Tin Works Building,
    Opp. Vasant Oasis, Makwana Road, Marol,
    Andheri East, Mumbai – 400 059
    Tel: +91 22 62638200
    Fax: +91 22 62638299
    Email: ipo@bigshareonline.com
    Website: www.bigshareonline.com
    Investor Grievance Id: investor@bigshareonline.com
    Contact Person: Nilesh S Chalke
    SEBI Registration Number: INR000001385

    Other Details:

    • Statutory Auditor –  M/s. Keyur Shah & Co., Chartered Accountants
    • Peer Review Auditor –  M/s. Keyur Shah & Co., Chartered Accountants
    • Bankers to the Company –  Oriental Bank of Commerce

    Deccan Health Care IPO Review by Top 10 Stock Brokers

    Top Stock Brokers ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
    Angel Broking7.2/107.3/107.2/107.1/107.1/10
    Sharekhan7.2/107.1/107.7/107.1/107.2/10
    Kotak Securities7.3/107.2/107.3/107.1/107.3/10
    ICICI Direct7.3/107.3/107.7/107.1/107.1/10
    IIFL7.2/107.2/107.8/107.0/107.1/10
    Edelweiss7.2/107.3/107.3/107.3/107.2/10
    Zerodha7.3/107.1/107.2/107.1/107.0/10
    5Paisa7.1/107.1/107.3/107.1/107.1/10
    Karvy7.3/107.3/107.2/107.1/107.1/10
    Motilal Oswal7.1/107.1/107.7/107.3/107.2/10

    Deccan Health Care IPO Grey Market Premium

    The Deccan Health Care IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 


    Open Free* Demat A/C Now! Fill the details below

      Fill Your Details Here


      Deccan Health Care IPO News

      News 1 – IPO ISSUE OPENS SOON (Download Prospectus)


      Market Guide


      Featured Topics

       

      Get 90% Discount on Brokerage Now! Open Demat Account