Gian Life Care IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Kanpur and caters to Healthcare sector. Hem Securities is the merchant banker of Gian Life Care IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 5th July 2019.
Gian Life Care IPO open date is 31st December 2019 and close date is 3rd January 2020. IPO Allotment Date is 8th January 2020 and Listing date is 13th January 2020.Gian Life Care IPO size is ₹ 3.12 Cr. with IPO price of ₹ 22.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Gian Life Care IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Shreni Shares Private Limited for Gian Life Care IPO.
Gian Life Care IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Gian Life Care IPO, based in Kanpur, operates in the Healthcare sector with a focus on Healthcare service provider. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Gian Life Care IPO size is ₹ 3.12 Cr. with fresh issue size of ₹ 3.12 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Gian Life Care IPO is expected to be 8th January 2020, after the finalization of basis of allotment. Investors can check Gian Life Care IPO allotment status on the registrars website, Cameo Corporate Services Limited. Gian Life Care IPO refund dates are 9th January 2020.
Gian Life Care IPO is expected to be listed on 13th January 2020.
The upper price band for the Gian Life Care IPO is set at ₹ 22.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Gian Life Care IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Gian Life Care IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd January 2020. After submission, funds are blocked until the basis of allotment of Gian Life Care IPO is finalised.
The merchant banker for Gian Life Care IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Gian Life Care IPO RHP for further details.
The registrar for Gian Life Care IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Gian Life Care IPO through their official website or helpline.
Gian Life Care IPO was subscribed 1.34 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Gian Life Care IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Gian Life Care Financial Review Page
Merchant Banker(s) of Gian Life Care IPO: Hem Securities Limited
Gian Life Care IPO subscription was 1.34 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Gian Life Care IPO listed at a listing price of 22.00 against the offer price of 22.00.
The current market price of Gian Life Care is 16.18.
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