Goodwill Hospital and Research Centre IPO price band 175-185; opens tomorrow

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

Issue Terms
Issue price / Floor Price (Rs)	175-185
Application per share (Rs)	175.00
Minimum investment amount (Rs)	6,125.00
Minimum bid (no of shares)	35 shares and in multiple of 35 thereafter
Maximum Shares for Retail	1120-1050

Issue Date and Size
Issue opens	30-Dec-11
Issue closes	09-Jan-12
Listing on	BSE,NSE
Issue size (Rs cr)	62

Lead Managers & Registrar
Lead Manager(1)	SPA Merchant Bankers Ltd
E-mail	goodwill.ipo@spagroupindia.com
Lead Manager(2)	N.A.
E-mail	N.A.
Registrar	Beetal Financial & Computer Svcs Pvt Ltd
E-mail	goodwill@beetalfinancial.com

Company Contact Details

Company's address

705 Kailash Building, 26 Kasturba Gandhi Marg, New Delhi

Pincode

110001

Tel No.

91 11 2371 1897

Fax No.

91 11 2331 9995

Website

http://www.ojjus.org

Description
Company is engaged in running a multi specialty hospital at Noida called Ojjus Medicare, focusing on core areas such as neurology and neuro surgery, cardiology and cardiac surgery with emphasis on joint replacements and sports injuries. It also provides other services like paediatrics, diagnostic, critical care medicine, oncology, dermatology etc.

Objects of Issue
Company intends to use issue proceeds for setting up of diagnostic centre at Faridabad (with an outlay of Rs 16.22 crore), establishment of six polyclinics (with cost of Rs 33.97 crore) and repayment of loans (of Rs 10 crore).