Gian Life Care Limited - SME IPO

Incorporated in 2018, Kanpur (UP) based Gian Life Care Limited is engaged in the business of providing diagnostic and related healthcare services. The company provides a wide range of diagnostic tests and services like patient diagnosis services, prevention, and wellness diagnosis services to patients and healthcare providers. The company caters to individual patients, hospitals, corporates and other healthcare providers.

The company offers over 1,344 tests including biochemistry, clinical pathology, coagulation, cytogenetics, cytology, hematology, histopathology, immunoassay, microbiology, molecular biology, and radiology services.

Gian Life is NABL accredited and ISO 9001:2015 certified company. It has 59 full-time employees.

Company Promoters: Mr. Arun Kumar Gupta.

Issue Details

Gian Life Care Limited - SME IPO
 Issue Open  Dec 31, 2019 - Jan 03, 2020
 Issue Size  1,416,000 Eq Shares of ₹10 (aggregating up to ₹3.12 Cr)
 Face Value  Rs 10 per Equity Share
 Issue Price  Rs 22 per Equity Share
 Market Lot  6000 Shares
 Listing At  BSE SME

Objectives 

 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  

Company Financials

Particulars For the year/period ended (in lakh rupees)
31-Mar-19
Total Assets 781.62
Total Revenue 56.32
Profit After Tax 10.04

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