Birla Pacific Medspa IPO (Initial Public Offering) : Allotment Staus Available Online

by khalid on 02/07/2011 · 0 comments

Birla Pacific Medspa Limited has entered into primary market with an initial public offering (IPO) of 65,175,000 Equity Shares of Rs 10 each. The IPO was open on 20th Jun 2011 and got close for subscription on 23rd Jun 2011. The premium of the issue will be decided through a 100% Book Building Process. The company is likely to raise around Rs 65.18 Crore through the issue at the upper level of price band. Birla Pacific Medspa Limited is a joint venture company of Yash Birla group and East Asia’s leading healthcare provider Pacific Healthcare which have presence in Singapore, Hong Kong, and China. Birla Pacific Medspa operates in healthcare centers under the brand name “EVOLVE” provides beauty related medical procedures in India.

Details of different category subscription is as follows……

Total Issue Size : Rs. 65.18 Crores
Qualified Institutional Buyers (QIBs) : 1.04 times
Non Institutional Investors : 0.17 times
Retail Individual Investors : 1.82 times
Overall : 1.18 times

Allotment Status of Birla Pacific Medspa IPO is available at this time. IPO share allotment process usually takes two weeks from the date of issue closing date. It is available in the following link :-
My allotment status

Stay tuned to BelltheBull Blog for more news on Birla Pacific Medspa IPO !

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