VLCC Health Care 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 VLCC Health Care IPO release date, IPO offer price, subscription, VLCC Health Care 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 10 |
| Price Band | Rs [●] |
| Listing At | BSE, NSE |
| Min. Order Quantity | NA |
| Listing Date | NA |
| Offer for Sale | Rs Million |
| Fresh Issue | Rs 3,000 Million |
| IPO Size | Rs Million |
| Tick Size | 1 |
VLCC Health Care IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
VLCC Health Care IPO – Summary
Founded by Mrs. Vandana Luthra as a beauty and weight management services center in 1989, their Company was incorporated in 1996.
Their Company was among the first multi-outlet corporate operations in the Wellness & Beauty Industry, which was at the time mostly composed of individually operated, small-scale businesses.
Since its inception, the Company’s mission has been to transform lives by making Wellness & Beauty accessible to women and men.
In over 30 years of operation, the VLCC brand has grown to become synonymous with Wellness & Beauty in Indian households.
As a testament, VLCC has received recognition as a “Superbrand” by Superbrands India in 2017 and Superbrands GCC in 2016.
The Promoter of this company is MRS. VANDANA LUTHRA AND MR. MUKESH LUTHRA.
The lead manager to the issue is ICICI Securities Limited, DAM Capital Advisors Limited, and IIFL Securities Limited, and the Registrar to this issue is Kfin Technologies Private Limited.
VLCC Health Care IPO Date
The opening and the closing date of the VLCC Health Care IPO are not available yet.
Check out Related IPO Links:
| VLCC Health Care IPO GMP |
| Allotment – VLCC Health Care IPO |
VLCC Health Care 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 VLCC Health Care IPO LIVE Subscription
- VLCC Health IPO LIVE Bid details on BSE
- VLCC Health IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
VLCC 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.
VLCC Health Care 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 | – |
VLCC Health Care IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.[●]
VLCC Health Care IPO Equity Size
This Initial Public Issue of 18,24,000 Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Million.
VLCC Health Care IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.10/ each.
Issue Size: X Equity Shares of Rs.10 each, aggregating to Rs.[●] Million
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VLCC Health Care 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 – VLCC Health Care Share Price |
VLCC Health Care IPO Grey Market Premium
The VLCC Health Care Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
VLCC Health Care IPO – Company Overview
They are one of the largest players in the Wellness & Beauty services industry in India, with the widest footprint of company-operated clinics.
They are one of the few players in the industry to have successfully accomplished the transition from a Wellness & Beauty services company to a Wellness & Beauty services and products company.
Their integrated business model is unique in that it is empowered by customer data continuously collected from customers across different demographics, ethnicities, and nationalities.
VLCC Health Care 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) | |||
| 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Total Assets | 6,923.15 | 7,513.35 | 8,122.08 |
| *Total Revenue | 5,652.42 | 7,750.23 | 8,613.09 |
| Total Expense | 5,601.00 | 7,882.85 | 9,107.48 |
| Profit After Tax | 62.42 | (153.10) | (527.05) |
Earnings per Equity Share (in Million)
| 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Basic | 1.63 | (4.09) | (12.93) |
| Diluted | 1.62 | (4.09) | (12.93) |
Further, their PAT for the period ended on March 31, 2021, March 31, 2020, and March 31, 2019, were Rs. 62.42 Million, Rs. (153.10) Million, and Rs. (527.05) Million respectively.
VLCC Health Care IPO – Promoters
The Promoter of this company is:
- MRS. VANDANA LUTHRA
- MR. MUKESH LUTHRA
List of Related Parties (Key Managerial Personnel)
- Mukesh Luthra, Chairman, and Non-Executive Director
- Jayant Khosla, Managing Director, and Group Head
- Sanjay Kapoor, Independent Director
- Sanjay Mehta, Independent Director
- Rajiv Krishan Luthra, Independent Director
- Roshini Bakshi, Nominee Director
VLCC IPO – Promoters Holding
- Pre Issue Share Holding – %
- Pos Issue Share Holding – %
VLCC IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to X Equity Shares aggregating up to Rs.[●] 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 | 37,668,283 Equity Shares |
| Equity Shares outstanding after the Issue | X Equity Shares |
VLCC Health Care IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
- To set up VLCC Wellness Clinics in India and GCC Region, and VLCC Institutes in India, and refurbishment of certain existing VLCC Wellness Clinics in India and GCC Region;
- Repayment and/ or pre-payment, in part or full, of certain borrowings availed by their Company and Subsidiaries;
- Investment for brand development;
- Investment in digital and information technology infrastructure;
- General corporate purposes.
VLCC IPO – Business Strategy
- Leverage technology and digital initiatives across their businesses for transformation into a digitally-led, future-ready Wellness & Beauty enterprise with an omnichannel presence;
- Accelerate the growth of their Personal Care Products business;
- Increase the pace of expansion of their Wellness Clinics and Institutes in India, and capitalize on their experience in the GCC Region to explore new opportunities in untapped markets in the GCC Region;
- Enhance same-store sales growth; and
- Continue to build on their brand visibility and customer loyalty
VLCC Health Care 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:
- VLCC’s stature as a leading brand in the Indian Wellness & Beauty Industry
- Bespoke integrated business model and capability to leverage scale, scope, and breadth
- Capability to identify and innovate a differentiated product portfolio
- Attractive financial structure
- Experienced promoters and strong management capability
The relevant quantitative factors are:
| Basic EPS | Diluted EPS |
RONW (%) | NAV (Rs.) | |
| 31-Mar-21 | 1.63 | 1.62 | 8.6 | 18.84 |
| 31-Mar-20 | (4.09) | (4.09) | (23.3) | 17.55 |
| Mar-19 | (12.93) | (12.93) | (66.5) | 19.44 |
VLCC IPO: Competitive Peers
| Face Value (Rs.) | P/E | Basic EPS (Rs.) | Diluted EPS (Rs.) |
Return on Net Worth (%) | Total Income (Rs. in Millions) | |
| VLCC Health Care Limited | 10 | [●] | 1.63 | 1.62 | 8.6 | 5,652.42 |
| Listed Peers | ||||||
| NA | – | – | – | – | – | – |
VLCC IPO Lead Managers
| Lead Managers |
| ICICI Securities Limited
DAM Capital Advisors Limited IIFL Securities Limited |
VLCC Care IPO Registrar to offer
| Registrar to the Offer |
| Kfin Technologies Private Limited (formerly known as Karvy Fintech Private Limited) Selenium, Tower B, Plot No. – 31 and 32, Financial District Nanakramguda, Serilingampally, Hyderabad, Rangareddi 500 032 Telangana, India Telephone: +91 40 6716 2222 E-mail: vlcchealthcare.ipo@kfintech.com Investor Grievance ID: einward.ris@kfintech.com Website: www.kfintech.com Contact Person: M. Murali Krishna SEBI Registration Number: INR000000221 |
VLCC Health Care IPO – Other Details
- Statutory Auditor – NA
- Legal Counsel to the Company – NA
- Bankers to the Company – NA
VLCC Health Care 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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VLCC Health Care Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
VLCC Health Care IPO Review FAQs
Ques – What is the Issue Size of VLCC Health Care 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 VLCC Health Care 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.10 per share.
Ques – What is the VLCC Health Care 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 VLCC Health Care 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 VLCC Health Care 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 VLCC Health Care IPO?
Answer – One of the reputed registrars is managing the issue of this IPO, i.e. Kfin Technologies Private Limited. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of VLCC Health Care IPO?
Answer – Here are the promoters of this IPO – MRS. VANDANA LUTHRA AND MR. MUKESH LUTHRA. 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 VLCC Health Care 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 VLCC Health Care 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 VLCC Health Care Company?
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 62.42, 2020 is (153.10), 2019 is (527.05).
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