Birla Pacific Medspa IPO- Know all details

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Issue Terms
Issue price / Floor Price (Rs)	10-11
Application per share (Rs)	10.00
Minimum investment amount (Rs)	5,000.00
Minimum bid (no of shares)	500 shares and in multiples of 500 thereafter
Maximum Shares for Retail	20K-18K

Issue Date and Size
Issue opens	20-Jun-11
Issue closes	23-Jun-11
Listing on	BSE
Issue size (Rs cr)	65.175

Company Financials (Rs cr)	2009-12-31
No of months	9
Turnover	1.65
Net profit / (loss)	-3.68

Lead Managers & Registrar
Lead Manager(1)	Arihant Capital Markets Ltd
E-mail	amol.kshirsagar@arihantcapital.com
Lead Manager(2)	N.A.
E-mail	N.A.
Registrar	Adroit Corporate Services Pvt Ltd
E-mail	veenashetty@adroitcorporate.com

Company Contact Details
Company's address	Dalamal House, 1st Floor, 206, J.B.Marg, Nariman Point Mumbai
Pincode	400 021
Tel No.	91 22 6616 8400
Fax No.	91 22 2204 7835
Website	http://www.birlapacificmedspa.com

Description
Company operates med spa centres under the brand name EVOLVE. A med spa or medical spa is a hybrid between a medical clinic and a day spa and operates under the supervision of medical doctor.

Objects of Issue
-Capital expenditure towards establishing 55 outlets of Evolve Medspa across various cities and places; -Expenses towards brand promotion; -Working capital requirements for running the above centres.