Medplus Health Services Ltd. IPO

RHP
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DRHP
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Open Date

2021-12-13

Close Date

2021-12-15

IPO Details

Check out the issue details for Medplus Health Services Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 796

Price Band

₹ 780 - 796

Issue Size

1398.3 Cr.

Issue Type

Book Built

Open

2021-12-13

Close

2021-12-15

Listingprice

₹ 1040

ListingGain

30.65%

Listing Date

2021-12-23

CMP

₹ 675.3

Current Return

-15.16%

Company Financials

You can get the following financial statements of Medplus Health Services Ltd. as of now.

Subscription Details

The details about the Medplus Health Services IPO is as:

  • The issue size of the IPO is 1398.30 Cr.
  • The price band ranges from Rs 780 to Rs 796.
  • The shares of Medplus Health Services ltd will list on 23rd December 2021.
  • The latest tentative GMP of Medplus Health Services IPO is Rs 210.
  • The Employees of the company are entitled to a Discount of Rs 78.
  • The shares of Medplus Health Services IPO is subscribed 52.59 Times as of 15th December 2021.

 

Medplus Health Services IPO Valuation

The approx valuation of Medplus Health Services IPO based on its price band and DRHP/RHP is:

Particulars Value
Upper Price Band Rs 796
Existing Shares (Qty) 3.22 Cr
Fresh Issue 600  Cr
Market Cap 3163.12 Cr
EPS (FY21) Rs 6.13
PE Ratio 129.85x

 

Medplus Health Services IPO Issue Size

Medplus Health Services  IPO issue details:

Issue Amount
Fresh Issue 600 Cr
Offer For Sale 798.3 Cr

 

Medplus Health Services IPO Market Lot

An Individual can apply for a minimum 1 lot of 18 shares and a maximum of 13 lots of 234 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 18 Rs 14,328
 Maximum 13 234 Rs 1,86,264

 

Medplus Health Services IPO Share Offer

The shares of Medplus Health Services IPO is subscribed 52.59 Times as of 15th December 2021. The category-wise share subscription is as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 111.90 Times
Non-Institutional Minimum 15% 85.33 Times
Retail Individual Minimum 35% 5.24 Times
Employee Upto Rs 5 Cr  3.04 Times
Total   52.59 Times

 

Medplus Health Services IPO Grey Market Premium

As on GMP (Tentative)
11 December 2021 Rs 250
12 December 2021 Rs 250
13 December 2021 Rs 300
14 December 2021 Rs 250
15 December 2021 Rs 210

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Find below the dates for Medplus Health Services IPO:

Schedule Date
Basis of Allotment 20 December 2021
Refunds 21 December 2021
Credit to Demat Account 22 December 2021
IPO Listing Date 23 December 2021

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 9.52 61.11 68.31 145.71 213.93
Total Expenditure 12.99 86.29 77.11 142.41 207.67
Operating Profit -3.47 -25.18 -8.8 3.3 6.26
Other Income 1.03 1.92 2.11 9.54 23.18
Interest 0 0.27 0.57 2.63 6.55
Depreciation 0.13 0.84 1.32 4.63 15.31
Exceptional Items 0 0 0 0 0
Profit Before Tax -2.57 -24.36 -8.57 5.58 7.59
Provision for Tax 0 0.51 0 0 2.04
Net Profit -2.57 -24.87 -8.57 5.58 5.54
Adjusted EPS (Rs.) -1.18 -11.4 -3.82 0.05 0.05

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 0.19 0.19 0.45 23.86 23.86
Total Reserves 185.01 395.41 517.03 1088.92 1117.42
Borrowings 0 0 0 0 0
Other N/C liabilities 0.13 3.96 7.34 42.4 84.69
Current liabilities 6.17 16.17 23.6 32.28 48.01
Total Liabilities 191.51 415.74 548.42 1187.45 1273.99
Assets
Net Block 0.15 7.17 22.68 85.02 179.41
Capital WIP 0 0.95 2.01 15.52 17.91
Intangible WIP 0 0 0 0 0
Investments 186.03 381.09 408.5 418.45 917.16
Loans & Advances 2.39 1.63 8.75 11.13 8.92
Other N/C Assets 0.03 0 0 0 0
Current Assets 2.93 24.9 106.49 657.34 150.58
Total Assets 191.51 415.74 548.42 1187.45 1273.99
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Other Income 4.07 2.54 1.81 1.77 1.82
Profit Before Tax 1.78 6.59 -3.49 -0.04 4.24
Tax 1.16 0.88 0 0 1.05
Profit After Tax 0.62 5.71 -3.49 -0.04 3.19
Adjusted EPS (Rs) 0.05 0.48 -0.29 0 0.27

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 40.39 54.17
Dec 2023 40.45 58.05
Sep 2023 40.41 50.53
Jun 2023 40.43 50.53
Mar 2023 40.43 50.53
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -2.57 -24.36 -8.57 5.58 7.59
Adjustment 0.32 31.25 8.22 0.65 3.39
Changes in Assets & Liabilities 1.26 -4.79 -6.17 -22.59 2.24
Tax Paid 0.06 0.79 0.28 -2.01 -1.81
Operating Cash Flow -0.93 2.89 -6.24 -18.37 11.41
Investing Cash Flow -2.81 -196.64 -14.77 -635.99 31.72
Financing Cash Flow 0 203.96 96.94 568.63 -8.36
Net Cash Flow -3.74 10.21 75.94 -85.74 34.77
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