Talwalkars Better Value Fitness Limited owns one of the largest fitness chain in India offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand 'Talwalkars'. Talwalkars first gym was setup in the year 1932.
As of today, Company operates 51 health clubs in 24 cities of 11 states across the country serving over 55,000 members. Talwalkars were the Official Fitness Partners for Standard Chartered Mumbai Marathon in 2008 and 2009 and Femina Miss India Contest in 2009.
Company Promoters:
The Promoters of Talwalkars Better value Fitness Ltd are:
1. Mr. Madhukar Vishnu Talwalkar
2. Mr. Prashant Sudhakar Talwalkar
3. Mr. Vinayak Ratnakar Gawande
4. Mr. Girish Madhukar Talwalkar
5. Mr. Harsha Ramdas Bhatkal and Mr. Anant Ratnakar Gawande.
Objects of the Issue:
The objects of the Issue are:
(1) Setting up of additional health clubs;
(2) Repay certain unsecured loans availed by company; and
(3) Meet Issue related expenses.
Issue Detail:
»» Issue Open: Apr 21, 2010 - Apr 23, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 6,050,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 74.42 - 77.44 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 123 - Rs. 128 Per Equity Share
»» Market Lot: 50 Shares
»» Minimum Order Quantity: 50 Shares
»» Listing At: BSE, NSE
No comments:
Post a Comment