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Talwalkars Better Value Fitness Limited (TBVF)
OPENS ON : 21/04/2010 CLOSES ON : 23/04/2010
Company Details:
  • One of the largest fitness chains in India as per the statistics of the IHRSA Asia Pacific Report, 2008.

  • Pan India presence operating 58 Health Clubs dotting 28 cities serving over 55,000 members in 12 states of the country with successful ‘Hub and Spoke’ model.

  • TBVF was co-promoted in the year 2003 by the Talwalkar Group and the Gawande Group with the object of developing “Talwalkars” brand as a leader in health clubs. “Talwalkars” brand can be traced to its origin in 1932, when late Mr. Vishnu Talwalkar set up the first Gym in India, i.e. a history of over 75 yrs.

  • Pioneer in the Fitness Industry - Brand “Talwalkars” relates to the concept of “Gym” in India.

  • Provides standardised and quality health club service / facilities consistently across all the locations; supported by a 7500 sq ft residential training academy.
  • Achieved 3Yr CAGR(FY’09) of 80% in Revenues, 75% in EBITDA & >100% in PAT
Issue Details:
Issue Size : 60,50,000 equity shares
Face value : Rs.10/- per share.
Floor Price : Rs.123
Cap Price : Rs.128
Lot Size   50 Equity Shares & in Multiples of 50 equity shares.
Exchanges : NSE & BSE
 
Book Running Lead Manager :
  1. India Infoline Limited
ISSUE STRUCTURE
S. No. Main Category No of equity shares reserved for the main category
1. QIB At least 3,025,000 Equity Shares
2. Non Institutional

Not less than 907,500 Equity Shares

3. Retail Not less than 2,117,500 Equity Shares
Total Issue Size 1+2+3 6,050,000 Equity Shares

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