Healthcare Global Enterprises Limited –Issue subscribed

Healthcare Global Enterprises Limited (HCG) which had tapped the markets with its primary and secondary offering was on Friday oversubscribed. The issue received subscription of 1.56 times overall with poor response in the HNI category. The HNI poor response is partly on account of the financial year end. The fresh issue was for 116 lakh shares while the secondary offering was for 182 lakh sahes. The price band was Rs 205-218.

Details of subscription are given below:-

Bucket Size Shares Applied for Times oversubscribed
QIB 8940000 21115900 2.36
HNI 4470000 1929785 0.43
Retail 2980000 2463565 0.83
Total 16390000 25509250 1.56

Performance of Newly Listed Shares as on 18th March 2016

Name Date of listing Issue Price closing price closing price % gain loss change over
11th March 11th March Over week lssue price
S H Kelkar & Company Limited 16th November 180.00 244.80 232.60 6.78 36.00
Alkem Laboratories Limited 23rd December 1050.00 1375.00 1368.75 0.60 30.95
Dr Lal Pathlabs Limited 23rd December 550.00 920.00 861.50 10.64 67.27
Narayana Hrudayalaya 6th January 250.00 294.40 289.60 1.92 17.76
Precision Camshaft Limited 8th February 186.00 148.00 155.30 -3.92 -20.43
Teamlease Services Limited 12th February 850.00 938.50 979.50 -4.82 10.41
Quickheal Technologies Limited 18th February 321.00 221.50 241.90 -6.36 -31.00

Healthcare Global Enterprises Limited completes Anchor Allocation

Healthcare Global Enterprises (HCG) which is tapping the capital market with its fresh issue and offer for sale completed yesterday allocation to anchor investors. The fresh issue is for 116 lakh shares while the offer for sale is for 182 lakh shares. The price band is Rs 205-218. The company has allotted 1,34,10,000 shares at the top end of the band at Rs 218, There are 11 anchor investors comprising of 13 entities. The largest allocation has been made to International Finance Corporation with 43.58 lakh shares or 32.50% of the total anchor book.

The issue has opened on Wednesday the 16th of March and closes on Friday the 18th of March.

The full list of anchor investors is given below:-

hcg anchor

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