Incorporated in 1996, Achyut Healthcare Limited is engaged in the trading of Pharmaceutical Products. The company has business operations in both domestic and international markets in the countries namely UAE, Kenya, and Nigeria. The company is located in Ahmedabad, Gujarat.
The company involves in the trading of Cenzure, Arpimune, Azathioprine IP, Everomimus, Mycophenolate Mofetil USP, Mycophenolate Sodium USP, Sirolimus, Tacrolimus USP, Infrared thermometer, Ascorbic Acid Coated Vitamin C, Calcium carbonate oyster, Cellulose acetate Phthalate, Chlorthalidone IP, Cross Carmalose Sod IP/USP, DI Basic Calcium Phosphate IP, DI Ethyl Phthlate, Diltiazem Hydrochloride IP, Easy Coat Fc Titanium Dioxide, Escitalopram IP, Escitalopram Oxalate, Favipiravir among many other products.
Competitive Strengths:
- Pan India and Global market presence.
- Long-standing relationship with our customers having an exponentially strong rise and reach.
- Experienced management team with proven project management and implementation skills.
- Multi-location facilities have aided in market penetration and developing a strong presence in India and abroad.
Company Promoters:
Mahendra Chatrabhuj Raycha and Akshit Mahendra Raycha are the company promoters.
Company Financials:
| Particulars | For the year/period ended (Rs in Lakhs) | |||
|---|---|---|---|---|
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 588.68 | 47.13 | 27.26 | 23.73 |
| Total Revenue | 272.54 | 27.43 | 34.56 | 66.78 |
| Profit After Tax | 12.63 | 0.74 | 1.40 | (1.46) |
Objects of the Issue:
The Company proposes to utilize the funds which are being raised through this Issue towards the following objects:
- Funding purchases of machinery and equipment.
- General Corporate Purposes.
achyut-healthcare-ipo Details
| IPO Opening Date | Mar 17, 2022 |
| IPO Closing Date | Mar 22, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹20 per equity share |
| Market Lot | 6000 Shares |
| Min Order Quantity | 6000 Shares |
| Listing At | BSE SME |
| Issue Size | 1,800,000 Eq Shares of ₹10 (aggregating up to ₹3.60 Cr) |
| Fresh Issue | 1,800,000 Eq Shares of ₹10 (aggregating up to ₹3.60 Cr) |
| Retail Shares Offered | 50% |
| NII (HNI) Shares Offered | 50% |
achyut-healthcare-ipo Lot Size
The achyut-healthcare-ipo market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 6000 | ₹120,000 |
| Maximum | 1 | 6000 | ₹120,000 |
achyut-healthcare-ipo Promoter Holding
| Pre Issue Share Holding | 90.28% |
| Post Issue Share Holding | 66.18% |
Company Contact Information
Achyut Healthcare Limited
610 Colonade, B/H Iscon Temple,
Opposite Iscon, BRTS Bus Stand,
Iscon – Ambali Road, Ahmedabad- 380 058,
Phone: 07948982691
Email: compliance@achyuthealthcare.com
Website: http://achyuthealthcare.com/