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June 8, 2008

Lotus Eye Care Hospital Ltd. - IPO

Lotus Eye Care Hospital Ltd.

Period 

12-Jun to 17-Jun 2008

Size (Equity Shares)

97,03,580

Type 

100% Book Building

Face Value 

Rs. 10- 

Price Range 

Rs 38 to Rs 42

Market Lot 

 

Max shares Retails investor can apply at cut off

 

Registrar 

S.K.D.C Consultants Limited

Registrar's email 

info@skdc-consultants.com

Lead Manager 

Keynote Corporate Services Ltd

Listing 

BSE, NSE

Grading 

 

About the company 

Estb: 1997. Eye care hospital chain, own and operate four eye care hospitals in south India (Coimbatore, Salem, Tirupur). 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

# To finance expansion of the existing facilities;

# To finance establishing new centers with latest technology;

# To meet working capital requirement;

# General Corporate Purposes;

# Meeting the Public Issue Expenses.

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