About the Company:
Deccan Health Care (Incorporated in 1996) is in the business of developing, manufacturing and marketing a broad range of healthcare products including Nutraceutical, Cosmeceutical and Ayurveda products.
They have a diversified product portfolio with product basket consisting of more than 1,500 products used for various purposes such as hair care, skin care, heart care, immunity building, etc.
Company has the ability to supply products in various forms such as tablets, capsules, gel, liquids, ointments, powder, pastes, etc.
Company has a operating history of more than two decades, and are primarily known for their premium range of Nutraceutical, Ayurveda and Cosmeceutical products.
Company is a ISO 9001:2015 certified for Management System for manufacturing and supply of Nutraceutical & Pharmaceutical Products.
Company’s Brands:
Company’s Product Range:
Company is into developing, manufacturing and marketing a broad range of healthcare products including Nutraceutical, Cosmeceutical and Ayurveda products.
They have a product basket of more than 1,500 products. They have a diverse Softgel product range and manufacture over 1000 formulations from simple oil products to complex paste, powders ointments, creams and other formulations.
Company’s products serve the diverse needs of consumers such as Skin care, Hair care, Body care, etc.
Company’s Installed Capacity:
Company’s Distribution Network:
Company has a network of distributors, marketing agents, direct to consumers and e-commerce channel for the domestic sales. They have 140 distributors and around 6,100 marketing agents.
They have also set up their own portal for commercialisation of the products and their distribution through e-commerce. The online portal for e-commerce are www.beyoungstore.com and www.deccanhealthcare.co.in.
Company has also entered into 2 distributorship agreements with foreign distributors situated in Kenya and Tanzania respectively.
Top 5 Revenue Generating States:
Management Team:
- Mr. Minto Purshotam Gupta (Designation: Managing Director)
- Mr. Yezdi Jal Batliwala (Designation: Chairman and Non-Executive Director)
- Mr. Hitesh Patel (Designation: Non-Executive Director)
Objectives of the Issue:
- Repayment/Prepayment of certain Secured Borrowings availed by the Company.
- Purchase of Plant & Machinery and related civil work.
- General Corporate Purposes.
Financials of the Company:
| (in Crores) | FY 16 | FY 17 | FY 18 | 30th June 18 |
|---|---|---|---|---|
| Revenue | 16.17 | 29.38 | 39.76 | 8.59 |
| Net Profit | 3.54 | 9.53 | 12.68 | 2.45 |
Valuation of Peer Group Companies:
| Company Name | Face Value | EPS | PE Ratio | RoNW | NAV |
|---|---|---|---|---|---|
| Deccan Health Care Ltd | 10 | 9.75 | 10.25 | 34.78% | 27.02 |
| Zydus Wellness Ltd | 10 | 34.24 | 33.47 | 19.36% | 176.90 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 18th December 2018 |
| Issue Closes on:. | 20th December 2018 |
| Issue Price | Rs.95 – 100 |
| Face Value | Rs.10 |
| Minimum Lot | 1200 Shares |
| Minimum Investment | Rs.1,20,000 |
| Issue Constitutes | 26.8% |
| Issue Size | Rs.42.12 cr |
| Market Cap | Rs.157.12 cr |
| Listing at | BSE SME |
| Equity Shares Offered (Fresh) | 22,12,000 |
| Equity Shares Offered (OFS) | 20,00,000 |
| Total Equity Shares Offered (Fresh + OFS) | 42,12,000 |
| Equity Shares Prior to the Issue | 1,35,01,430 |
| Equity Shares after the Issue | 1,57,13,430 |
Important Dates:
| Finalization of Basis of Allotment | 26th December 2018 |
| Initiation of Refunds | 27th December 2018 |
| Credit of Equity Shares: | 28th December 2018 |
| Listing Date: | 31st December 2018 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 9.75 | 10.25 | 34.78% | 27.02 |
| Check IPO Allotment Status: |
|---|
Bigshare Website (Click on the below Link)http://www.bigshareonline.com/bssipoapplicationstatus.aspx |
| Find the List of Upcoming IPOs in 2019: |
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Upcoming IPOs (Click on the below Link)www.UpcomingIPOs-in-India |
| Company Contact Info: |
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| Deccan Health Care Limited 247, 2nd floor, Dwarakapuri Colony, Punjagutta, Hyderabad, Telangana – 500082, India Tel: +91 40 40144508 Email: investors@deccanhealthcare.co.in Website: www.deccanhealthcare.co.in |
| IPO Registrar Info: |
|---|
| BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri East, Mumbai – 400 059 Tel: +91 22 62638200 Fax: +91 22 62638299 Email: ipo@bigshareonline.com Website: www.bigshareonline.com |
| Lead Manager to the Issue: |
|---|
| PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED 406-408, Keshva Premises, Behind Family Court, Bandra Kurla Complex, Bandra East, Mumbai – 400051 Tel: +91-22 61946700 Email: ipo@pantomathgroup.com Website: www.pantomathgroup.com |
