Gian Lifecare IPO: GMP, Price, Dates, Issue Size

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Gian Lifecare IPO is all about to make its debut on 31 Dec 2019, with an issue size of 3.12CR. Founded in 2018, Kanpur (UP) headquartered Gian Life Care Ltd is engaged in the business of providing diagnostic and related healthcare services. The business offers both patients and healthcare professionals a broad range of diagnostic tests and services, such as patient diagnosis services, and preventative, and wellness diagnostics services. Individual individuals, hospitals, businesses, and other healthcare providers are all served by the corporation.

Gian Life is an ISO 9001:2015-certified and NABL-accredited business. It employs 59 people full-time.


The world economy has grown, according to the World Economic Status and Prospects (WESP) 2018 report. The short-term outlook for the global economy has improved over the past few months. It is anticipated that the global gross product will increase by 3.2% in 2018 and 2019. However, along with the acceleration of economic growth, risks to the outlook have increased, including the likelihood of trade wars between major economies, increased skepticism about the speed of monetary policy adjustment in the United States, high and rising levels of debt, and high asset valuations.

Gian Lifecare IPO Details

IPO DateDec 31, 2019 to Jan 3, 2020
Listing DateMonday, January 13, 2020
Face Value₹10 per share
Price₹22 per share
Lot Size6000 Shares
Issue Size1,416,000 shares of ₹10(aggregating up to ₹3.12 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
P/E (x)21.36
Market Cap (₹ Cr.)10.34

Gian Lifecare IPO Tentative Timetable

EventTentative Date
Opening DateDec 31, 2019
Closing DateJan 3, 2020
Basis of AllotmentJan 8, 2020
Initiation of RefundsJan 9, 2020
Credit of Shares to DematJan 10, 2020
Listing DateJan 13, 2020

Company Financials

ParticularsFor the year/period ended (Rs in Lakhs)
Total Assets797.07782.38
Total Revenue182.2556.32
Profit After Tax33.856.94
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Objects of the Issue

The company intends to utilize the proceeds of the Issue to meet the following objects-
1. To open processing center in nearby cites of Kanpur (Jhansi, Banda, Faizabad, Unnao)
2. To purchase advanced machinery and equipment
3. Repayment/pre-payment, of certain borrowings availed by the Company
4. To meet Working Capital requirements
5. General Corporate Purpose
6. To meet issue expenses

Gian Lifecare IPO Prospectus

Company Contact Information

Gian Life Care Limited
7/216 (6),
Swaroop Nagar,
Phone: + 91-0512-2531860

Gian Lifecare IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390

Gian Lifecare IPO Lead Manager(s)

  1. Hem Securities Limited (Past IPO Performance)


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