Thursday, June 12, 2008

Lotus Eye Care Hospital Limited IPO





Incorporated in 1997, Lotus Eye Care Hospital Limited is Coimbatore-based eye care hospital chain. Lotus own and operate four eye care hospitals in south India, two at Coimbatore, one at Salem and one at Tirupur.

Lotus eye care's main hospital is built on 1.2 acres of land in prime location at Peelamedu (Coimbatore) in the state of Tamilnadu. This facility is beneficial to the patients of Western and Northern districts in Tamilnadu, Kerala and Karnataka state.

Lotus has entered into Limca book of records for conducting international ophthalmic conference in high seas for the first time in the world.

Lotus sources of income are from outpatient, daycare and inpatient hospital services and retail sales in the pharmacy and optical.

Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
  1. To finance expansion of the existing facilities;
  2. To finance establishing new centers with latest technology;
  3. To meet working capital requirement;
  4. General Corporate Purposes;
  5. Meeting the Public Issue Expenses.

Lotus Eye Care Hospital Ltd IPO Information

»» Public Issue Open: June 12, 2008 to June 17, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 1,00,00,000 Equity Shares
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs 38/- to Rs 42/-
»» Market Lot: 150 Shares
»» Minimum Order Quantity: 150 Shares
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager: Keynote Corporate Services Ltd
»» Registrar: S.K.D.C Consultants Limited (Ph: 0422 6549995 Email: info@skdc-consultants.com)

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