IPO Issue Details
Issue Price / Price Band₹30 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size20,00,000 shares (aggregating up to ₹6.00 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 11 Dec 2017
Subscription CloseThu, 14 Dec 2017
Anchor AllotmentSun, 10 Dec 2017
Basis of AllotmentWed, 20 Dec 2017
Initiation of RefundsThu, 21 Dec 2017
Credit of Shares to DematThu, 21 Dec 2017
Listing DateFri, 22 Dec 2017
UPI Mandate Deadline2017-12-14
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 4,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 8,000 shares
NII / HNI Quota47.40% of Issue
Retail Quota47.40% of Issue
Market Maker Quota5.20% of Issue
Net Offer to Public18,96,000 shares (aggregating up to ₹5.69 Cr)
Reserved for Market Maker1,04,000 shares (aggregating up to ₹0.3120 Cr)
Pre-IPO Promoter Holding50,91,099 shares
Post-IPO Promoter Holding70,91,099 shares
About Kids Medical Systems Ltd.
Incorporated in 2013, Kids Medical Systems Ltd is engaged in providing solution in healthcare sector as pediatric clinic chain provider. Kids Clinic (TKC) is a venture of "Kids Medical Systems Private Ltd".They partner with doctors at a clinic /premise level. They offer services which help doctors to manage, educate and develop their clinic, its infrastructure, its people and provide guidance in services to parents of the child. They also provide services like timely reminders on vaccinations.They provide the service Management/Light Asset Model which includes the clinic Management Software, clinic reports, Training, recruitment of staff, Online and Offline engagement with customers. In addition they also provide Glow sign Boards, Paraphernalia, Standees and also arrange for co-branding marketing efforts, as and when required in Pre-School, Schools, mailers, SMS, whatsApp or other electronic or through other devices or modes. They are also engaged in providing hospital consultancy to their Doctor Partners.
Objects of the Issue
Kids Medical Systems Ltd. proposes to utilise the net proceeds for the following objects as stated in the DRHP:
1
1 To set up healthcareClinics and purchase of interiors, furniture and allied infrastructure
Amount: 4.00
2
2 General Corporate Purpose
Amount: 1.40
3
3 Public Issue Expenses
Amount: 0.60
Shareholding & Lock-in
Pre-IPO Promoter Holding
50,91,099 shares
Post-IPO Promoter Holding
70,91,099 shares
