Overview

• Subscription runs from September 10 to 12 for the Rs 143.35 crore book-built offer.
• The issue is a fresh sale of 2.35 crore shares priced in a Rs 56–61 band.
• Investor allocation is set at 75% for QIBs, 15% for NIIs and 10% for retail; the minimum retail lot is 235 shares (Rs 14,335 at the upper band).
• The latest unofficial grey market premium is about Rs 10, implying an estimated listing near Rs 71, roughly 16% above the upper band.
• Funds are earmarked for new centre fit-outs and deposits (about Rs 73.1 crore) and debt repayment (about Rs 35 crore); allotment is expected on September 15 with a tentative September 17 listing on the BSE and NSE.