Deccan Health Care Ltd

Deccan Health Care

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: 

Deccan Health Care


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: 

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 and

Company has also entered into 2 distributorship agreements with foreign distributors situated in Kenya and Tanzania respectively.


Top 5 Revenue Generating States: 


Management Team:

  1. Mr. Minto Purshotam Gupta (Designation: Managing Director)
  2. Mr. Yezdi Jal Batliwala (Designation: Chairman and Non-Executive Director)
  3. 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)


Find the List of Upcoming IPOs in 2019:

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Company Contact Info:
Deccan Health Care Limited
247, 2nd floor, Dwarakapuri Colony,
Punjagutta, Hyderabad,
Telangana – 500082, India
Tel: +91 40 40144508


IPO Registrar Info:
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


Lead Manager to the Issue:
406-408, Keshva Premises, Behind Family Court,
Bandra Kurla Complex,
Bandra East, Mumbai – 400051
Tel: +91-22 61946700