Metropolis Healthcare Limited IPO

Metropolis Healthcare Limited Profile

They are one of the foremost diagnostics companies in India, by revenue, as of March 31, 2018 (Source: Frost & Sullivan). They have an extensive presence across 18 states in India, as of March 31, 2018, with a leadership position in the west and south India (Source: Frost & Sullivan). Through their widespread operational network, they offer a comprehensive range of clinical laboratory tests and profiles, which are used for prediction, early detection, diagnostic screening, confirmation and/or monitoring of the disease. Metropolis also offer analytical and support services to clinical research organizations for their clinical research projects. Throughout the financial year 2018, they conducted approximately 16.0 million tests from approximately 7.7 million patient visits.

They offer a wide range of around 3,480 clinical laboratory tests and 524 profiles. The profile comprises of a variety of test combinations which are specific to a disease or disorder as well as wellness profiles that are used for health and fitness screening. They conduct operations through laboratory and service network. Their laboratory system contains 106 clinical laboratories and service network comprises 1,130 patient touch point till March 31, 2018.

Key Strengths:

Big Test Menu: Broad range of approximately 3,480 clinical laboratory tests and 524 profiles, as of March 31, 2018.

Recognized brand: Well-recognized brand, delivering quality and reliable diagnostic services since 1980.

Tests Performed: During the financial year 2018, they conducted approximately 16.0 million tests from approximately 7.7 million patient visits.

Network Strength: They have a widespread presence across 18 states in India, as of March 31, 2018, with a leadership position in the west and south India. Outside India, they have laboratory operations in Ghana, Kenya, Zambia, Mauritius, and Sri Lanka.

Metropolis Healthcare Limited Promoters:

The Promoters of the Company are Dr. Sushil Kanubhai Shah, Ameera Sushil Shah, and Metz Advisory LLP.

Metropolis Healthcare Limited IPO details:  

Symbol: METROPOLIS

Issue Size: Initial Public offer of 13,685,095 shares (including anchor portion of 60,23,293 Equity Shares)

Face Value:  Rs 2

Price Range: Rs 877 to Rs 880

Issue Type: 100% Book Building

Bid Lot: 17 Equity Shares and in multiples thereof

Minimum Order Quantity: 17 Equity Shares

Issue Period: 03 April 2019 to 05 April 2019

Maximum Subscription Amount for Retail Investor: Rs. 2,00,000

Registrar: Link Intime India Private Limited  

Listing At: BSE, NSE                                 

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Metropolis Healthcare Limited Financials:

 

                  Metropolis Healthcare financial performance (in INR crore)
FY2016 FY2017 FY2018 9M FY2019
Total revenue 490.6 567.7 651.6 566.8
Total expenses 366.4 410.4 491.3 431.2
Profit after tax 80.0 107.5 110.5 90.6
Net margin (%) 16.3 18.9 17.0 16.0

 

Metropolis Healthcare Limited IPO Subscription Details:

 

Category Shares offered Subscription (no. of times)
Day1 Day 2 Day 3
QIB 4,015,529 0.09 0.64 9.07
NII 2,007,764 0.00 0.01 3.03
Retail 1,338,509 0.25 0.69 2.03
Employees 300,000 0.00 0.01 0.05
Total 7,661,802 0.09 0.46 5.80

 

Metropolis Healthcare IPO Grey Market Price, Rates, GMP Premium

Metropolis Healthcare Limited IPO Grey Market Premium (GMP) as on 12-04-2019 today at Rs. 30 with Kostak at Rs N/A.

Metropolis Healthcare Limited IPO Grey Market Premium (GMP) as on 11-04-2019  at Rs. 30 with Kostak at Rs N/A.

Metropolis Healthcare Limited IPO Grey Market Premium (GMP) as on 10-04-2019 at Rs. 30 with Kostak at Rs N/A.

Metropolis Healthcare Limited IPO Grey Market Premium (GMP) as on 9-04-2019 at Rs. 30 with Kostak at Rs N/A.

Metropolis Healthcare Limited IPO Grey Market Premium (GMP) as on 8-04-2019 at Rs. 30 with Kostak at Rs N/A.

Metropolis Healthcare Limited IPO Grey Market Premium (GMP) as on 7-04-2019 at Rs. 15 with Kostak at Rs N/A.

Metropolis Healthcare Limited IPO Grey Market Premium (GMP) as on 6-04-2019 at Rs. 15 with Kostak at Rs N/A.

Metropolis Healthcare Limited IPO Grey Market Premium (GMP) as on 5-04-2019 at Rs. 15 with Kostak at Rs 250.

Metropolis Healthcare Limited IPO Grey Market Premium (GMP) as on 4-04-2019 at Rs. 50 with Kostak at Rs 250.

Metropolis Healthcare Limited IPO Grey Market Premium (GMP) as on 3-04-2019 at Rs. 80 with Kostak at Rs 250.

Metropolis Healthcare Limited IPO Grey Market Premium (GMP) as on 2-04-2019 at Rs. 95 with Kostak at Rs 300.

Metropolis Healthcare Limited IPO Grey Market Premium (GMP) as on 1-04-2019 at Rs. 95 with Kostak at Rs 300.

Metropolis Healthcare Limited Allotment Status:

Metropolis Healthcare Limited IPO Allotment Date: 10-April-2019
Metropolis Healthcare Limited IPO Listing Date: 15-April-2019

 You can check your allotment status using your PAN number.

  • To know about Metropolis Healthcare Limited IPO allotment Status, visit this page again by end of the above date.
  • With your Family and friends, you can share the allotment status through the Social buttons on top.
  • to know your Metropolis Healthcare Limited IPO Allotment Status, follow the steps:

    IPO Allotment Status
    IPO Allotment Status – Click Here
  • Click Here to visit the website of the Registrar
  • Select Metropolis Healthcare Limited from the dropDown Menu (This option will be made available at the end of the above date)
  • Select PAN radio Button
  • Provide your PAN Number
  • Enter the Captcha
  • Click on Submit Button

 

(Visited 859 times, 1 visits today)