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Issue Open Date
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29-Jan-25
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Issue Closing Date
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31-Jan-25
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Application Money
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100
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Allotment Money
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|
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Price Band
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382
-
402
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Minimium Application No.
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35
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Issue Size (Shares)
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53526172
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Market Lot
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1
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Objective
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Our Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding of the following objects:1. Repayment/prepayment, in part or full, of certain of our borrowings; and2. General corporate purposes and unidentified inorganic acquisition
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
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10889400
|
4307310
|
0.395550719047881
|
Qualified Institutional Buyers
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14519200
|
67361280
|
4.63946222932393
|
Retail Individual Investors
|
25408599
|
10540285
|
0.4148314119956
|
|
|
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Business Description
We provide a comprehensive range of eye care services, including cataract, refractive and other surgeries; consultations,diagnoses and non-surgical treatments; and sell opticals, contact lenses and accessories, and eye care related pharmaceuticalproducts. We had a market share of approximately 25% of the total eye care service chain market in India during the FinancialYear 2024 (Source: CRISIL MI&A Report). With long-standing operational history, we endeavour to address all the needs ofour patients in their eye treatment journey through a network, which as of March 31, 2024, comprised 180 Facilities.
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Promoter's Holding
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|
Total Share Capital
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116359650
|
|
Offered to Public
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75304970
|
|
Promoter's Holding (Pre-Issue)
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37.73
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Promoter's Holding (Post-Issue)
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32.45
|
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|
|
|
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Address |
1st Floor Buhari Towers No.4 Moores Road Off Greams Road Near Asan Memorial School
Chennai,
Tamil Nadu,
600006
Phone : 044-43787777
Email : secretarial@dragarwal.com
Website : www.dragarwals.co.in
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B Plot 31-32 Gachibowli Financial District Nanakramguda Hyderabad
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Listed at |
BSE, NSE
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Lead Manager |
Jefferies India Pvt Ltd. Kotak Mahindra Capital Co Ltd Morgan Stanley India Co Pvt Ltd Motilal Oswal Investment Advisors Pvt Ltd
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Promoters |
Adil Agarwal Adil Agarwal Family Trust Agarwal’S Eye Institute Agarwals Eye Institute Pvt Ltd Amar Agarwal Amar Agarwal Family Trust Anosh Agarwal Anosh Agarwal Family Trust Ashar Agarwal Ashar Agarwal Family Trust Ashvin Agarwal Ashvin Agarwal Family Trust Athiya Agarwal
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