Cian Healthcare Limited is engaged in the business of manufacturing wide range of Pharmaceutical, Nutraceutical, Ayurvedic, Cosmeceuticals, Sexual Wellness and Food supplement products. The content is dealing with Cian Healthcare IPO Review along with issue details, price, company summary.
Cian Healthcare IPO Issue Details :
- IPO Opens on – May 2, 2019.
- IPO Closes on – May 9, 2019.
- Face Value – Rs. 10 Per Equity Share.
- Issue Price – Rs. 61 – Rs. 65 Per Equity Share.
- Issue Type – Book Built Issue IPO.
- Market Lot – 2000 Shares.
- Minimum Order Quantity – 2000 Shares.
- Issue Size – 6,216,000 Equity Shares of Rs. 10 aggregating up to Rs. 40.00 Cr.
- Listing Exchange – BSE SME Exchange.
- Draft Prospectus – Download
Objectives of the issue of the Company :
- Cian Healthcare Limited’s Upgradation of existing plant i.e. Unit 1 situated at Roorkee, Uttarakhand, India.
- This company’s Margin Money for Setting up of manufacturing facility i.e. Unit 2 situated at Roorkee, Uttarakhand, India.
- Enhancement of Cian Healthcare Limited’s brand through advertising and other brand-building activities.
- Long term working capital requirements of this company.
- Acquisitions and other strategic initiatives of Cian Healthcare Limited.
- General corporate purposes of this company.
About The Company –
- Cian Healthcare Limited was incorporated in 2003.
- This company is a multinational manufacturing company.
- Cian Healthcare Limited certified by WHO-GMP and ISO -9001:2015.
- This company’s Food and Drug Control Administration to work in the area of Food supplement, Sexual Wellness, Cosmeceuticals, Nutraceutical, Ayurvedic, and Pharmaceutical products.
- The product list of Cian Healthcare Limited includes Sachet, Gels, Lotions, Creams, Ointments, Liquid Orals, Capsules, and Tablets.
- This company also owns a special licence to manufacture veterinary products likes Venky’s and SAVAvet.
- Cian Healthcare Limited manufactures pharmaceutical products for both the foreign and domestic markets.
- This company’s total sale was comprising 37% from contract manufacturing, 24% from government supplies, 23% from franchise business, and 16% from export sales.
- Cian Healthcare Limited are passionate about healthcare and are looking to consolidate our position through improved and modern processes, infrastructure , partner engagement and science.
- This company’s products are available in 15 plus markets, spread across South East Asia, Africa, CIS and Latin America and newer markets are in the pipeline.
Products of this company :
- DOMESTIC PRODUCTS :
Cian Healthcare Limited have more than 500 brands for various Therapeutic segments which are available in the market trough our 300 plus strong franchisee distributors. This company are making brand plan as well as unique customer centric strategies for their franchisee distributors which are their key customers and market Penetrators. Cian Healthcare Limited’s 10 division are catering twelve Therapeutic segments like Orthopaedics, Gynaecology, Paediatrics, Cardiac, Diabetic, Dermatology, Pain Management, Antibiotics, Neuro, Critical Care, Gastro-Intestinal and Nutraceuticals.
Few highlights of Cian Healthcare Limited’s –
- Best Qualified Team Of Experts.
- Timely Delivery.
- Full Marketing and Promotional Support.
- Quantitative Products and Affordable Range.
- Excellent Margins to Earn Good Profits.
CORPORATE OFFICE –
1st and 2nd Floor, Premdeep Building, Above latur urban co-op. Bank Ltd. of Lullanagar Chowk, Near Zahir Khan’s Restaurant, Camp-Kondhwa Road, Pune-411040.
REGISTERED OFFICE –
Milkat No. 3339, Block No. 1, Harpale Park, Opp. Burger Paint, Phursungi, Pune-412308. Phone No. – 020 – 26982792
PLANT ADDRESS –
Khasara 248, Village Sisona, Roorkee-247667, Uttarakhand. Phone No. – 01332 – 235352
The promoter of Cian Healthcare Limited :
- Suraj Zanwar, aged 43 years is the Managing Director of this Company.
- Kavita Zanwar, aged 39 years is the Promoter of this Company.
The Board of Directors of this company :
- Suraj Zanwar, aged 44 years is the Promoter and Managing Director of this company.
- Pankaj Zanwar, aged 44 years is the Director of this Company.
- Riyaz Khan, aged 34 years is the Whole Time Director of this Company.
- Smita Khanna, aged 38 years is the Independent Director of this Company.
- Balasubramaniam Padmanabhan, aged 61 years is the Independent Director of this Company.
Competitive Strengths of Cian Healthcare Limited :
- The main strength of Cian Healthcare Limited is their Established Manufacturing Facility.
- Strong Formulations and Development Capabilities of this company.
- Diversified Business Portfolio of Cian Healthcare Limited.
- Another strengths of this company is their Experienced core Management Team.
- Strong Financial performance of Cian Healthcare Limited.
- Product Range of this company.
Business strategies of this company :
- Broaden and Deepen the presence at Global level of Cian Healthcare Limited.
- Investment in R&D driving sustainable growth of this company.
- Expansion Plans of Cian Healthcare Limited.
Company Financials :
Cian Healthcare IPO Review :
The financial details displays past three years profit-loss statement of the company. According to the FY18, the profit of the company was 387.35. Now, have a look at the company prospectus (draft red herring prospectus). Basic and diluted EPS (earnings per share) was 2.31. The company has no P/E calculation in their DRHP. RoNW (return on net Worth) and NAV/Share were 22.56 and 10.22 respectively. Therefore, the analysis reflects Cian Healthcare IPO Review has a NEUTRAL view. Investors may take a chance for long term investment.