Kids Medical Systems IPO

Kids Medical Systems IPOBusiness description – Kids Medical Systems is engaged in providing solution in healthcare sector as pediatric clinic chain provider. The company offers exclusive services which can benefit the child for theirhealthcare needs. Kids Clinic (TKC) is a venture of “Kids Medical Systems Private Ltd” started in June, 2013 and the company has launched its first ― pediatric clinic chain. It partners with doctors at a clinic/premise level. It also offers services which can assist and help doctors to manage, educate and develop their clinic, its infrastructure, its people and most importantly also provide guidance in services to parents of the child.

The company’s overall output is purely focused on delivering great health services by using technological platforms to connect the audience with the doctors and vice versa. It started from one clinic in Dombvilli (Thane District- Maharastra) and reached to 15 Hospitals/Doctors with whom it entered into Management Partnership/Franchisee agreements/Revenue sharing arrangement till date.

Promoters of Kids Medical Systems – Mr Anirvan Amitava Dam & Mrs Pallavi Anirvan Dam

Kids Medical Systems IPO details
Subscription Dates 11 – 14 Dec 2017
IPO Price band INR30 per share
Fresh issue 2,000,000 shares (INR6 crore)
Offer for sale Nil
Total IPO size 2,000,000 shares (INR6 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
Kids Medical Systems’ financial performance (in INR lakh)
FY2014 FY2015 FY2016 FY2017 FY2018 (till 5 Sep)
Total revenue 23.5 59.3 96.0 225.7 32.3
Total expenses 64.3 138.5 206.8 211.8 29.7
Profit after tax -40.8 -79.2 -110.8 13.9 2.6

Kids Medical Systems Limited
F-806 Titanium City Center, Nr. Sachin Towers
100 Feet Ring Road, Anand Nagar Road
Satellite, Ahmedabad – 380015

Phone: +91 79 2676 4216
Email: [email protected]
Website: www.thekidsclinic.in

Day Subscription (no. of times)
Day 1 0.98
Day 2 2.26
Day 3 3.64
Day 4 9.01

Earnings Per Share (EPS): INR0.28

Price/Earnings (P/E) ratio: 107.14

Return on Net Worth (RONW): 29.29%

Net Asset Value (NAV): INR0.96 per share

Purva Sharegistry India Private Limited
Unit no. 9, Shiv Shakti Industrial Estate,
JR Boricha Marg, Lower Parel (E)
Mumbai – 400 011

Phone: +91 22 2301 6761
Fax: +91 22 2301 2517
Email[email protected]
Website: www.purvashare.com

Kids Medical Systems IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.

IPO Opening Date: 11 December 2017

IPO Closing Date: 14 December 2017

Listing Date: 22 December 2017

Listing Price on BSE SME: INR32.4 per share (up 8% from IPO price)

Closing Price on BSE SME: INR34.35 per share (up 14.5% from IPO price)

2 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here