Metropolis Healthcare IPO – Prospectus, Issue Dates, Issue Price
Metropolis Healthcare Limited, a Mumbai based diagnostics company, is issuing the IPO (Initial Public Offering). The company targets to issue the equity shares worth Rs 1,343.73 crores. Equity shares of face values Rs 2/- are being issued at Rs 880 each and on a discounted price of Rs 877 during the offer. Metropolis Healthcare IPO opens on 3rd April 2019 and closes on 5th April 2019. After allocation, the equity shares will be listed on BSE and NSE for further trading.
About Metropolis Healthcare Limited
Metropolis Healthcare Limited is the leading diagnostics companies in India based in Mumbai Maharashtra. They have a widespread presence across 18 states in India. This company offers a comprehensive range of clinical laboratory tests and profiles, which are used for prediction, early detection, diagnostic screening, confirmation and/or monitoring of the disease. It also offers analytical and supports services to clinical research organizations for their clinical research projects. During the financial year 2018, the company has conducted approximately 16.0 million tests from approximately 7.7 million patient visits.
The company is promoted by Dr Sushil Kanubhai Shah, Ameera Sushil Shah, and METZ Advisory LLP. As on 31st March 2018, the total revenue of this company stands at Rs 6,435.67 lakhs and the total asset value stands at Rs 5,303.39 lakhs.
Metropolis Healthcare IPO – Issue Details
|Issue Type||Book Built IPO Issue|
|Issue Opens||3rd April 2019|
|Issue Closes||5th April 2019|
|Face Value||Rs 2 Per Equity Share|
|Issue Price||Rs 877-880 Per Equity Share|
|Issue Size||15,268,684 Equity Shares (Rs 1,343.73 crores)|
|Market Lot||17 Shares|
|Minimum Order Quantity||17 Shares|
Metropolis Healthcare IPO – Objects of the Issue
The following are the objects of this upcoming issue by Metropolis Healthcare Limited:-
- Achieve the benefits of listing the Equity Shares on the Stock Exchanges.
- Enhance the company’s visibility and brand image and provide liquidity to the shareholders.
- Getting a public market for the equity shares in India
Metropolis Healthcare IPO – Company Contact Details
Registered and Corporate Office: 250 D, Udyog Bhavan, Hind Cycle Marg, Worli, Mumbai 400030,
Metropolis IPO – Lead Manager of the Issue
The following are the lead managers to the Metropolis Healthcare Limited IPO Issue:-
- JM Financial Limited
- Credit Suisse Securities (India) Private Limited
- Goldman Sachs (India) Securities Private Limited
- HDFC Bank Limited
- Kotak Mahindra Capital Company Limited
Metropolis IPO – Registrar to the Issue
Metropolis Limited IPO – Issue Prospectus
Click here to read the Draft Issue Prospectus of Metropolis Healthcare Limited.
Disclaimer: This post is just information about the issue. It does not give any advice or recommendation. Investments into securities are subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
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