HealthCare Global Enterprises IPO
HealthCare Global Enterprises Limited (HCG) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 30 March 2016.
Listed 30 Mar
Subscribed 1.56x
Listing gain -3.6%
Issue details
Price band
₹205–218
Issue price
₹218
Lot size
—
Min. retail bid
—
Issue size
₹650 Cr
Face value
₹10
Bidding
16 Mar – 18 Mar 2016
Listing
30 Mar 2016
Retail quota
10% (75% QIB issue)
Registrar
Karvy Computershare Private Limited
Listing day
Listed at
₹210
-3.6% vs issue price ₹218
Day's high
₹212
-2.8% · low ₹169 (-22.4%)
Day's close
₹171
-21.6% · traded ₹202 Cr
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 89,40,000 | 2,11,15,900 | 2.36x | |
| NII (HNI) total | 44,70,000 | 19,29,785 | 0.43x | |
| Retail | 29,80,000 | 24,63,565 | 0.83x | |
| Total | 1,63,90,000 | 2,55,09,250 | 1.56x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 6% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to HealthCare Global Enterprises's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Precision CamshaftsJan 2016 | 2.62x | 0.73x | 2.01x | 1.91x | ₹424 Cr | -11.3% | -0.5% |
| Quick Heal TechnologiesFeb 2016 | — | — | — | — | — | -5.0% | +2.8% |
| TeamLease ServicesFeb 2016 | 27.0x | 185x | 10.6x | 66.0x | ₹450 Cr | +1.2% | +21.4% |
Offer documents (NSE)
Frequently asked
What is the HealthCare Global Enterprises IPO price band and lot size? ₹205–218 per share.
How many times has it been subscribed? 1.56x overall: QIB 2.36x, NII 0.43x, retail 0.83x.
How did it list? It opened at ₹210, -3.6% against the issue price of ₹218, and closed its first day -21.6%.
Other IPOs of 2016
Laurus LabsSheela FoamGreenSignal Bio PharmaVarun BeveragesEndurance TechnologiesHPL Electric and PowerGNA AxlesL&T Technology Services
All 2016 IPOs →
Important: The AI listing estimates on Flash Finance are statistical estimates drawn from
how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell,
and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any
estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be
revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring
Prospectus and consult a SEBI-registered adviser before you invest.
