Book Running Lead Manager to the IPO of Medplus Health Services Limited

Initial Public Offering

Service

December 2021

Date

Consumer

Sector

INR 13,983 MN

Deal Value

Book Running Lead Manager to the IPO of Medplus Health Services Limited

I] TRANSACTION SYNOPSIS

IPO Size ₹ 13,983 mn
IPO Structure (Primary / OFS) 43% / 57%
Post Issue Dilution 14.72%
IPO Price ₹ 796
Subscription (QIB* / HNI / Retail) 114.0x / 86.3x / 4.2x
Total number of applications# 1,294,261

II] SELECT ANCHOR INVESTORS AND ANCHOR BOOK

  • ADIA
  • BlackRock
  • Birla MF
  • FMR
  • GSAM
  • HDFC MF
  • MSIM

III] DEAL HIGHLIGHTS

  • 2nd largest pharmacy retail chain in India^
  • Healthy subscription with more than 12 Lacs applications
    • 100% of anchor book was allocated to LO Investors
  • Pre-IPO – Warburg Pincus, one of the selling shareholders sold 6.18% of pre-issue equity capital for ₹ 5,500 mn to marquee investors SBI MF, Malabar and Motilal Oswal MF at IPO Price.

*Excluding Anchor
# Before technical rejections
^ In terms of revenue in Fiscal 2020 and as on March 31, 2021