Home

Talwalkers heath fitness ( gym ) files for IPO

sunil jain's picture
Submitted by sunil jain on December 31, 2009 - 05:56

Talwalkars Better Value Pvt Ltd (TBVF), commonly famous as Talwalkars, India’s largest chain of health centers.  Or so called gyms.The company established in 1932, it has 45 ultramodern branches across major cities in India. Talwalkars has filed a draft red herring prospectus (DRHP) with the market regulator SEBI to raise over Rs 70 crore by coming out with a public issue of 6050000 equity shares of Rs 10 each.

The proceeds will be used for setting up of additional health clubs and repaying certain unsecured loans. The issue will constitute 25.09% of the fully diluted post issue paid-up capital of the company. Promoters’ stake will be reduced to 59.39% and non-promoters to 15.42% post issue.

Waiting for more details on financial of this company. Overall this could be a good IPO.

Searching on google , looks like their website is still under construction. Finally time to behave like big guys.


»

Recent Comments and talks

What is AskDalal ?

AskDalal is a investment blogging portal dedicated to Indian investment community , where every blog answers a question.It may be stocks, bonds,commodity, real estate or anything else.Post your blog title  or a question, community will do research and answer the question to give you your own research report.It is 100%free , no registration is required to browse and ask questions.It's great for writers looking for article topic,and cool for investor looking for answers.

>>> faq

Top Contributors

UserPoints
suniljain10,440
admin2,990
rahul das2,460
anilmehta1,710
dipak1,540
rakeshseth1,500
himesh1,350
stockguru1,110
shah1,060
bharat_vora1,040
more

Become Askdalal Research Analyst

Are you an MBA (finance) students, economics students, or journalist with broad interest in stocks, investing and finance. Do you want to polish your skills before getting into job market ? Come join askdalal as Research Analyst.Email your resume to tripti.shah@askdalal.com.

If your resume is impressive you will get chance to show your talent,polish your skills and earn money along the way. At the convenience of sitting at your home computer. See rules for askdalal investment analyst.

Latest Dalal

  • rosenjack13
  • bangalore.scrap
  • bipin1987310
  • mohammed ilyas
  • mehta.a10