| Subscription Dates | 27-29 April 2016 |
| Price Band | INR420 – 446 per share |
| Issue Size | INR451.3 – 479.2 crore |
| Face Value | INR10 per share |
| Minimum Bid | 33 shares |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
The IPO is an offer for sale (OFS) and Thyrocare will not receive any proceeds from the IPO.
| Name of shareholder | Equity Shares | Percentage (%) |
| Dr A Velumani | 14,809,317 | 27.57 |
| Agalia | 11,294,540 | 21.02 |
| Thyrocare Publications | 6,534,500 | 12.16 |
| NVP | 5,064,880 | 9.43 |
| A Sundararaju HUF | 2,596,540 | 4.83 |
| SIPL | 1,576,415 | 2.93 |
| MAPL | 1,260,000 | 2.35 |
| A Velumani HUF | 1,091,828 | 2.35 |
| Samara Capital Partners Fund I Limited | 1,089,052 | 2.03 |
| Total | 50,534,872 | 94.07 |
| Thyrocare’s standalone financial performance (in INR crore) | |||||
| FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | |
| Total revenue | 81.2 | 114.1 | 139.9 | 156.5 | 187.0 |
| Total expenses | 43.5 | 62.1 | 74.1 | 87.6 | 117.5 |
| Profit/(loss) after tax | 24.8 | 34.9 | 56.8 | 46.1 | 48.4 |
Thyrocare Technologies IPO Subscription Details
| Category | Shares offered | Subscription (No. of times) | ||
| Day 1 (at 5 PM) | Day 2 (at 5 PM) | Day 3 (at 6 PM) | ||
| QIB | 2,148,942 | 0.11 | 1.24 | 73.17 |
| NII | 1,611,707 | 0.10 | 0.43 | 225.30 |
| Retail | 3,760,648 | 1.02 | 3.49 | 8.38 |
| Total | 7,521,297 | 0.56 | 2.19 | 73.37 |
Articles about Thyrocare
Thyrocare Contact Details
Thyrocare Technologies Ltd
D/37-1, TTC Industrial Area
MIDC Turbhe,
Navi Mumbai 400 703
Phone: +91 22 27622762
Fax: +91 22 27682409
Email: [email protected]
Website: http://www.thyrocare.com
What we are reading
Registrar of Thyrocare Technologies IPO
Link Intime India Private Limited
Link Intime India Private Ltd,
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai 400078
Maharashtra, India
Phone: +91 22 25963838
Fax: +91 22 25946969
Email: [email protected]
Website: http://www.linkintime.co.in
Listing Performance of Thyrocare Technologies IPO
Bid/Offer Closing Date: 29 April 2016
Finalization of Basis of Allotment: 4 May 2016
Unblocking of funds from ASBA: 5 May 2016
Transfer of Shares to demat accounts: 6 May 2016
Listing Date: 9 May 2016
Listing Price on NSE: INR665 per share (49.1% premium over IPO price)
Closing Price on NSE: INR616.5 per share (38.2% premium over IPO price)
This looks good. hope to make some money in Thyrocare IPO after equitas listing. I’ll free funds by selling Equitas and apply for Thyrocare, this will be another Dr Lal.
Thyrocare grey market application confirmed at 1200 in Jaipur. Mota paisa banega ismein bhi
equitas me 4-5 hajar banega bas, ye kya mota paisa hai
Vikas sir, 4-5 k in IPOs is not bad. What else you expect in 15 days with so less risk.
Equitas ko list hone do, iska grey market bhi zor pakdega.
When is the price band out for Thyrocare???
Rumored price is around 450 – 470, this does not look good on eps of nearly 9.
PE ratio of 50, very very expensive
this maybe ridiculous but just take a look at Lal pathlab
Price band fixed at 420-446 per share, grey market will be happy with this!!
looks good. but i dont think 1200 aayega. 200% pop is difficult. unless you are talking long term. Definitely good buy for long term if they can avoid over extending themselves and stick to fundamentals. also as their reach expands, margins will come under pressure, as it is already visible in the past 5 year results.
thank you for the review.
raj sir, do you mind explaining what is 1200?
Subscription already crossed 3.5X now. Not good for small investors 🙁
Massive subscription for Thyrocare IPO, it has already crossed 40.3 times. Retail also subscribed 7 times.
What’s the price at the time of listing about thyrocare I think it’s open with 200₹ plus
wbats about ujjivan??
Thanks to the analysis on this website I applied in ipos after a long time. Made two applications in Thyrocare and was lucky to get allotment in both. Listing of Thyrocare is on 9th, lets see if it delievrs like Dr Lal.
Chk your allottment here: http://www.linkintime.co.in/publicissues/default.aspx , I did not get any even just applying for 4 lots from HDFC.
This may be done via lottery.
This website is taking forever but I got message from State Bank about fund deduction. Don’t lose heart Niladri, we have lots of good IPOs in future. We will make money in this market.