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<ul><li>Pharmacy retail chain Medplus Health Services is looking to raise ₹1,639 crore through IPO.</li><li>The company offers both offline and online sales of pharmaceutical products through website and mobile application.</li><li>Azim Premji’s PI Opportunities Fund is among the promoters of the company selling its shares through the IPO.</li></ul>Hyderabad-based pharmacy retail chain Medplus Health Services’ ₹1,398 crore initial public offering (IPO) is all set to open today, December 13, and close on December 15. The IPO consists of a fresh issue of ₹600 crore worth of shares and an offer for sale of shares worth ₹798.29 crore by selling shareholders. 18 shareholders will be selling shares in the IPO including PI Opportunities fund, which is an affiliate of PremjiInvest. PremjiInvest is the family office of billionaire Azim Premji, founder chairman of Wipro. The company is India's second-largest pharmacy retailer in terms of the number of stores and revenue. It sells a wide range of products, including pharmaceutical and wellness products -- medicines, vitamins, medical devices and test kits, and fast-moving consumer goods -- home and personal care products, toiletries, baby care products, soaps and detergents, and sanitisers. The company has over 2,000 stores distributed across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal and Maharashtra. Here are some of the important details related to the IPO: <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Price band </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹780 to ₹796 </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">IPO open date </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 13 </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">IPO close date </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 15 </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Allotment date </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 20 </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Initiation of refunds </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 21 </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Credit of shares to demat account </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 22 </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">IPO listing date </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 23 </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Minimum lot </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">18 </td></tr></tbody></table> The proceeds from the fresh issue will be utilised for working capital requirements of material subsidiary Optival. It has grown from operating 48 stores in Hyderabad to now operating a retail network of over 2,000 stores across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal and Maharashtra, as of March, 2021. Medplus’s profit went up sharply in FY21 to ₹63 crore from just ₹1.79 crore last year. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Particulars </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Total income </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Profit </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">FY19 </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹2,284 crore </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹11.92 crore </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">FY20 </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹2,887 crore </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹1.79 crore </td></tr><tr><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">FY21 </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹3,090 crore </td><td style="border-left:solid #cccccc 0.8333325pt;border-right:solid #cccccc 0.8333325pt;border-bottom:solid #cccccc 0.8333325pt;border-top:solid #cccccc 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹63.11 crore </td></tr></tbody></table> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/environment/news/from-mukesh-ambani-to-gautam-adani-indias-billionaires-and-big-corporations-made-huge-promises-this-year-to-fight-climate-change/slidelist/88208860.cms">From Mukesh Ambani to Gautam Adani, India's billionaires and big corporations made huge promises this year to fight climate change</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/tech-enabled-broking-firms-like-zerodha-raise-concerns-over-sebis-views-on-algo-trading/articleshow/88208031.cms">Tech-enabled broking firms like Zerodha raise concerns over SEBI’s views on algo trading</a>

Medplus Healthcare’s IPO opens today — checkout all the dates you need to know

<ul><li>Pharmacy retail chain <keyword id="590699" type="General" weightage="20" keywordseo="medplus-health-services" source="Orion">MedPlus Health Services</keyword> is looking to raise ₹1,639 crore through IPO.</li><li>The company offers both offline and online sales of pharmaceutical products through website and mobile application.</li><li>Azim Premji’s PI Opportunities Fund is among the promoters of the company selling its shares through the IPO.</li></ul>Another IPO that is open for subscription this week is Hyderabad-based pharmacy retail chain MedPlus Health Services. The ₹1,398 crore initial public offering (IPO) will close on December 15. The IPO consists of a fresh issue of ₹600 crore worth of shares and an offer for sale of shares worth ₹798.29 crore by selling shareholders. 18 shareholders will be selling shares in the IPO including PI Opportunities fund, which is an affiliate of PremjiInvest. PremjiInvest is the family office of billionaire Azim Premji, founder chairman of Wipro. The company is India's second-largest pharmacy retailer in terms of the number of stores and revenue. It sells a wide range of pharmaceutical products and fast-moving consumer goods (FMGC), such as medicines, vitamins, medical devices, home, and personal care products, etc The grey market premium of the company’s shares were demanding a premium of ₹300 per share. Moreover, analysts are also bullish on the company as it sees several growth opportunities in the pharmacy retailing space. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.98958pt;border-right:solid #000000 0.98958pt;border-bottom:solid #000000 0.98958pt;border-top:solid #000000 0.98958pt;vertical-align:bottom;background-color:#bdd6ee;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Brokerage firms </td><td style="border-left:solid #000000 0.98958pt;border-right:solid #000000 0.98958pt;border-bottom:solid #000000 0.98958pt;border-top:solid #000000 0.98958pt;vertical-align:bottom;background-color:#bdd6ee;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Recommendation </td></tr><tr><td style="border-left:solid #000000 0.98958pt;border-right:solid #000000 0.98958pt;border-bottom:solid #000000 0.98958pt;border-top:solid #000000 0.98958pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ICICIdirect </td><td style="border-left:solid #000000 0.98958pt;border-right:solid #000000 0.98958pt;border-bottom:solid #000000 0.98958pt;border-top:solid #000000 0.98958pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-left:solid #000000 0.98958pt;border-right:solid #000000 0.98958pt;border-bottom:solid #000000 0.98958pt;border-top:solid #000000 0.98958pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Angel One </td><td style="border-left:solid #000000 0.98958pt;border-right:solid #000000 0.98958pt;border-bottom:solid #000000 0.98958pt;border-top:solid #000000 0.98958pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-left:solid #000000 0.98958pt;border-right:solid #000000 0.98958pt;border-bottom:solid #000000 0.98958pt;border-top:solid #000000 0.98958pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">KRChoksey </td><td style="border-left:solid #000000 0.98958pt;border-right:solid #000000 0.98958pt;border-bottom:solid #000000 0.98958pt;border-top:solid #000000 0.98958pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-left:solid #000000 0.98958pt;border-right:solid #000000 0.98958pt;border-bottom:solid #000000 0.98958pt;border-top:solid #000000 0.98958pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Swastika </td><td style="border-left:solid #000000 0.98958pt;border-right:solid #000000 0.98958pt;border-bottom:solid #000000 0.98958pt;border-top:solid #000000 0.98958pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-left:solid #000000 0.98958pt;border-right:solid #000000 0.98958pt;border-bottom:solid #000000 0.98958pt;border-top:solid #000000 0.98958pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Religare </td><td style="border-left:solid #000000 0.98958pt;border-right:solid #000000 0.98958pt;border-bottom:solid #000000 0.98958pt;border-top:solid #000000 0.98958pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Positive </td></tr></tbody></table> Analysts at ICICIdirect say that MedPlus with its clustered store presence is well suited to leverage on an omni-channel platform (online and offline) with a hyper local delivery model. “We assign SUBSCRIBE rating given its unique model and decent valuation,” said the brokerage firm. <div type="image" title="medplus rev" height="900" width="1200" msid="88265088" hostid="261"></div> A report by Religare Broking said that MedPlus is well-positioned to benefit from a fast-growing Indian e-commerce pharmacy retail market. “Going forward, the company intends to grow its Omni-channel platform with a hyper-local delivery model. Also, they plan to strengthen the market reach by entering new geographies. On the financial front, the company’s performance seems decent. From a long term growth perspective, we have a positive view on MedPlus,” said analysts at the broking firm. MedPlus is among the top two players in terms of physical store addition and average revenue per store. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Players </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Net store additions in FY21 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Average revenue per store in FY21 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Apollo Pharmacy </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">4,118 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹1.42 crore </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MedPlus </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2,081 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹1.59 crore </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Wellness Forever </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">223 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹4.68 crore </td></tr></tbody></table> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/metro-brands-ipo-gmp-and-why-analysts-say-subscribe-for-long-term/articleshow/88252982.cms">The grey market is losing interest in Metro Brands’ IPO, but the analysts are still gung ho ⁠— here’s what the data have to say</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/checkout-important-details-and-dates-related-to-supriya-lifescience-ipo/articleshow/88257604.cms">Supriya Lifescience IPO to open on December 16: Check out important details related to the IPO</a>

MedPlus Health Services is a good play on growing e-commerce pharmacy space, say analysts; GMP at ₹300

<ul><li>Pharmacy retail chain <keyword id="12710440" type="General" weightage="20" keywordseo="medplus-health-services-ipo" source="Orion">Medplus Health Services IPO</keyword> has been subscribed 52.59 times in three days of IPO bidding process.</li><li>The company intended to raise ₹1,639 crore through the IPO</li><li>Shares of the company are demanding a premium of ₹250 in the grey market today, indicating good listing gains.</li></ul>If you have applied for Hyderabad-based pharmacy retail chain Medplus Health Services, note that the company is likely to open its allotment today, December 20. The issue was open for subscription between December 13 to December 15. In the three days of IPO bidding process, the issue has been subscribed 52.59 times with great demand from qualified investors i.e.111.90 times. The company is India's second-largest pharmacy retailer in terms of the number of stores and revenue. It sells a wide range of products, including pharmaceutical and wellness products — medicines, vitamins, medical devices and test kits, and fast-moving consumer goods — home and personal care products, toiletries, baby care products, soaps and detergents, and sanitisers. The IPO consists of a fresh issue of ₹600 crore worth of shares and an offer for sale of shares worth ₹798.29 crore by selling shareholders. It has grown from operating 48 stores in Hyderabad to now operating a retail network of over 2,000 stores across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal and Maharashtra, as of March, 2021. Medplus’s profit went up sharply in FY21 to ₹63 crore from just ₹1.79 crore last year. Here is how to <keyword id="12769350" type="General" weightage="20" keywordseo="medplus-health-services-ipo-allotment" source="Orion">Medplus Health Services IPO allotment</keyword> status on stock exchange website: <ul><li>Go to the <a href="https://www.bseindia.com/investors/appli_check.aspx">BSE website</a> or NSE website<a href="https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp"> here</a>.</li><li>On BSE, Select 'Equity' and then from the dropdown, select ‘Medplus Health Services’.</li><li>Now, enter your application number and PAN.</li><li>Click on 'Search'.</li><li>Please note the details will only be available once the shares are allotted.</li></ul>You can also visit the registrar website (Link Intime India) to check your application status. <ul><li>Visit the registrar's website <a href="https://linkintime.co.in/MIPO/Ipoallotment.html">here</a>.</li><li>Click on 'Select company' and click on ‘Medplus Health Services’.</li><li>Once the company is selected, you will have to enter either your PAN detail, the application number, or the client ID.</li><li>Enter the captcha and click ’submit’.</li></ul>Once you hit 'submit', the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of shares allotted to you. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/shaadi-com-is-looking-to-enter-into-matchmaking-for-lgbtq/articleshow/88344032.cms">Shaadi.com is looking to enter into matchmaking for LGBTQ+</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/constant-fii-selling-since-october-bleeds-indian-markets/articleshow/88339477.cms">Constant FII selling since October bleeds Indian markets; IndusInd Bank, Tata Motors, ONGC top losers</a>

Medplus Health Services’ IPO: Here is how to check allotment status

<ul><li>Pharmacy retail chain <keyword id="590699" type="General" weightage="20" keywordseo="medplus-health-services" source="Orion">MedPlus Health Services</keyword> has been subscribed 1.46 times on the first day of the IPO bidding process.</li><li>The company is looking to raise ₹1,639 crore through the IPO with a price band of ₹780 to ₹796 per share.</li><li>Shares of the company are demanding a premium of ₹250 in the grey market, which has come down from ₹300 earlier.</li></ul>Today, December 15, is the second day to subscribe to Hyderabad-based pharmacy retail chain MedPlus Health Services’ initial public offering (IPO), which has already been fully subscribed on the first day itself. The IPO of the pharmacy retail firm has been subscribed 146% so far. The company is looking to raise ₹1,398 crore through the IPO out of which a fresh issue of ₹600 crore worth of shares and an offer for sale of shares worth ₹798.29 crore by selling shareholders. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Investor category </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Subscription </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Qualified institutional buyers </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">0.09 times </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Non-institutional investors </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">0.50 times </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Retail </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2.64 times </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Overall </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">1.46 times </td></tr></tbody><tbody></tbody></table> Shares of the company are demanding a premium of ₹250 in the grey market, which has come down from ₹300 earlier. If you’re looking to invest in the IPO, read what <a href="https://www.businessinsider.in/stock-market/news/medplus-health-services-is-a-good-play-on-growing-e-commerce-pharmacy-space-say-analysts/articleshow/88265079.cms">analysts </a>are talking about the company. Analysts are bullish on the company as it sees several growth opportunities in the pharmacy retailing space. Analysts at ICICIdirect say that MedPlus with its clustered store presence is well suited to leverage on an omni-channel platform (online and offline) with a hyper local delivery model. “We assign SUBSCRIBE rating given its unique model and decent valuation,” said the brokerage firm. The company is India's second-largest pharmacy retailer in terms of the number of stores and revenue. It sells a wide range of products, including pharmaceutical and wellness products -- medicines, vitamins, medical devices and test kits, and fast-moving consumer goods -- home and personal care products, toiletries, baby care products, soaps and detergents, and sanitisers. <div type="image" title="medplus rev" height="900" width="1200" msid="88284530" hostid="261"></div> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/checkout-important-details-and-dates-related-to-supriya-lifescience-ipo/articleshow/88257604.cms">Supriya Lifescience IPO to open on December 16: Check out important details related to the IPO</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/shares-of-anand-rathi-wealth-list-at-602-while-the-shares-were-allotted-at-550-per-share/articleshow/88269416.cms">Anand Rathi Wealth makes a modest listing at 9% premium on exchanges</a>

Second day to subscribe to Medplus Health Services’ IPO; GMP at ₹250 per share

<keyword id="19906886" type="General" weightage="20" keywordseo="jio" source="keywords">Jio</keyword> continues the tradition of <keyword id="20440185" type="General" weightage="20" keywordseo="valentine" source="keywords">Valentine</keyword>'s Day banter with competition. In a bold and cheeky move this Valentine's Day, Jio has extended an unexpected invitation to <keyword id="19896909" type="General" weightage="20" keywordseo="airtel" source="keywords">Airtel</keyword> 'Ex'stream' users, playfully asking them to "switch to love" implying moving on to JioAirFiber. Under the guise of a romantic proposition, Jio's tweet cleverly uses the love language to propose that heart is where the home is and home is where JioAirFiber is. February 14 every year is celebrated as Valentine's Day. "Dear @airtelindia users, This Valentine's, don't ignore the 'RED' flags in your relationship. It's time to move on from your 'Ex'-stream. Here's my number 60008-60008. Call me maybe," Reliance Jio posted on X, tagging Airtel India's X handle. Needless to say the 'RED' flag in the tweet implies the red color of Airtel nudging its users to make Airtel its 'Ex' and choose JioAirFiber over <keyword id="20371132" type="General" weightage="20" keywordseo="xstream" source="keywords">Xstream</keyword>. The tweet has sparked a flurry of reactions across social media platforms, blurring the lines between a marketing pitch and a genuine challenge to its rival. This creative approach by Jio not only capitalizes on the spirit of Valentine's Day but also nudges a competitive edge over Airtel, suggesting that never ignore the Red flags in love and network choices. The inclusion of a direct contact number, alongside playful hashtags, adds a personal touch to the challenge, inviting users to reconsider their current network provider in favor of Jio's services. Last year, with 5G being the talk of the town, Jio's cheeky tweet on valentine's day was about choosing 'True' love and not settling with a 'Plus' one. The industry observers watch closely the evolving dynamics of telecom rivalry and customer engagement strategies. Is it merely a playful jest, or does it signify a deeper strategic challenge? Either way, Jio's Valentine's Day tweet has undoubtedly added an intriguing twist like always in the past to the tale of telecom giants, blending romance with rivalry in the spirit of competition and choice. In addition, RIL posted Valentine day invitation inviting social media users to show love by liking, following and subscribing to RIL on YouTube, X, Instagram, LinkedIn, and Facebook. SEE ALSO:<a href="https://www.businessinsider.in/tech/news/using-ai-to-impress-someone-this-valentines-nearly-50-say-they-will-be-offended/articleshow/107656212.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/using-ai-to-impress-someone-this-valentines-nearly-50-say-they-will-be-offended/articleshow/107656212.cms" target="_blank">Using AI to impress someone this Valentine’s? Nearly 50% say they will be offended</a><a href="https://www.businessinsider.in/tech/mobile/news/poco-oneplus-top-indian-smartphone-shipment-growth-but-overall-reading-flat/articleshow/107681294.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/poco-oneplus-top-indian-smartphone-shipment-growth-but-overall-reading-flat/articleshow/107681294.cms" target="_blank">Poco, OnePlus top Indian smartphone shipment growth but overall reading flat</a><a href="https://www.businessinsider.in/stock-market/news/entero-healthcare-solutions-ipo-allotment-how-to-check-allotment-gmp-listing-date-and-more/articleshow/107664277.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/news/entero-healthcare-solutions-ipo-allotment-how-to-check-allotment-gmp-listing-date-and-more/articleshow/107664277.cms" target="_blank">Entero Healthcare Solutions IPO allotment – How to check allotment, GMP, listing date and more</a>

Love is in the air:  Jio asks out Airtel users on a Valentine's date

<ul><li>Mumbai-based consumer adhesives and sealants player has opened its IPO today and will conclude on December 17.</li><li>The company is looking to raise ₹126 crore through the public issue.</li><li><keyword id="12699745" type="General" weightage="20" keywordseo="hp-adhesives-ipo" source="Orion">HP Adhesives IPO</keyword> manufactures a wide range of products such as solvent cements, silicone sealants, contact adhesives, white glue, plumbing accessories and FRP manhole covers.</li></ul>Mumbai-based adhesives and sealants manufacturer HP Adhesives has opened its initial public offering (IPO) on December 15 and will conclude on December 17. The company is looking to raise ₹126 crore through the public issue wherein fresh issue is of ₹113 crore and offer for sale is of ₹12.53 crore. HP Adhesives manufactures a wide range of products such as solvent cements, silicone sealants, contact adhesives, white glue, plumbing accessories and manhole covers. The aforesaid adhesives and sealant products have applications in multiple industries such as plumbing and sanitary, drainage and water distribution, general purpose building/construction and interior operations as well as for glazing operations, woodwork, footwear, automotive, foam-furnishing and other varied industries. Here is some important details related to the IPO: <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Issue details </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;"> </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Price band </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹262 to ₹274 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">IPO open date </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 15 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">IPO close date </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 17 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Allotment date </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 22 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Initiation of refunds </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 23 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Credit of shares to demat account </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 24 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">IPO listing date </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">December 27 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Minimum lot </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">50 </td></tr></tbody></table> The proceeds from the IPO will be used for working capital and capital expenditure at its manufacturing facility in Narangi, Maharashtra and at the additional unit. As of September 30, 2021, the company has a distribution network of 4 depots situated in Delhi, Kolkata, Bengaluru, and Indore and more than 750 distributors who cater to more than 50,000 dealers in India. In FY21, the company sold its products in 21 countries. The company has delivered a profit of ₹10 crore after incurring a loss of nearly ₹5 crore last year. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Particulars </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Revenue </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Profit </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY19 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹87.9 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹4 crore </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY20 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹97.9 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-₹4.67 crore </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">FY21 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹123.8 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹10 crore </td></tr></tbody></table> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/shares-of-anand-rathi-wealth-list-at-602-while-the-shares-were-allotted-at-550-per-share/articleshow/88269416.cms">Anand Rathi Wealth makes a modest listing at 9% premium on exchanges</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/medplus-health-services-is-a-good-play-on-growing-e-commerce-pharmacy-space-say-analysts/articleshow/88265079.cms">MedPlus Health Services is a good play on growing e-commerce pharmacy space, say analysts; GMP at ₹300</a>

HP Adhesives’ IPO opens today — Check out important dates and details

<ul><li>Tarsons Products IPO opens today and closes on November 17.</li><li>The company is looking to raise ₹1,024 crore through its public listing of shares.</li><li>The grey market premium of the Indian labware company is at a premium of ₹200 per share in the grey market.</li></ul>Indian labware company Tarsons Products has opened its IPO today and closes on November 17 with a price band of ₹635-662 per share. The company is looking to raise ₹1,024 crore through its public listing of shares with a fresh issue of equity shares worth ₹150 crore and an offer for sale (OFS) of 1.32 crore equity shares that will be sold by promoters and an investor. Tarsons Products has raised ₹305.96 crore from anchor investors at the upper price band of ₹662 per equity share ahead of its issue. Here are important dates related to the IPO: <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Issue details </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;"> </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Price band </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹635 to ₹662 </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">IPO open date </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">November 15 </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">IPO close date </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">November 17 </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Allotment date </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">November 23 </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Initiation of refunds </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">November 24 </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Credit of shares to demat account </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">November 25 </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">IPO listing date </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">November 26 </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Minimum lot </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">22 </td></tr></tbody></table> In the IPO, promoter Sanjive Sehgal will offload up to 3.9 lakh equity shares, Rohan Sehgal will sell up to 3.1 lakh equity shares and investor Clear Vision Investment Holdings will divest up to 1.25 crore equity shares. The company will utilise the proceeds from the fresh issue towards paying debt, funding a part of the capital expenditure for the new manufacturing facility at Panchla in West Bengal and general corporate purposes. Tarsons Products is engaged in designing, developing, manufacturing and supplying a diverse range of quality labware products used in laboratories across research organisations, academic institutes, pharmaceutical firms, diagnostics companies and hospitals. It manufactures a range of quality labware products that helps advance scientific discovery and improve healthcare. The company currently operates through its five manufacturing facilities located in West Bengal. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/shares-of-sigachi-industries-list-at-575-while-the-shares-were-allotted-at-163-per-share/articleshow/87708763.cms">Sigachi Industries more than triples money for IPO investors on listing</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/policybazaar-starts-trading-at-1150-a-premium-of-17/articleshow/87708748.cms">PolicyBazaar starts trading at a premium of over 17%</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/sjs-enterprises-ipo-list-at-1-discount-only/articleshow/87708985.cms">The shares of SJS Enterprises open 1% below the issue price</a>

Tarson Products IPO opens today — Check close date, allotment date and other important details

<ul class="summary-list"><li><keyword id="6358584" type="UNKNOWN" weightage="60" keywordseo="HSBC">HSBC</keyword> has temporarily shut its main <keyword id="24349" type="COMPANY" weightage="60" keywordseo="Hong-Kong">Hong Kong</keyword> office after three workers tested positive for <keyword id="8763838" type="UNKNOWN" weightage="60" keywordseo="covid-19">COVID-19</keyword>.</li><li>There has been a wave of infections in the city following an outbreak at a local gym.</li><li>In an internal memo seen by Bloomberg, HSBC said the <keyword id="6355272" type="UNKNOWN" weightage="60" keywordseo="bank">bank</keyword> can reopen when staff have been tested.</li></ul>HSBC closed its main office in Hong Kong until further notice on Tuesday after three people working there tested positive for COVID-19.The region's Centre for Health Protection (CHP) published a formal notice asking people who spent more than two hours in the building between March 3 and 16 to be tested at a government-approved center by March 19, according to an internal memo HSBC sent to staff on Wednesday seen by <a href="https://www.bloomberg.com/news/articles/2021-03-16/hsbc-s-hong-kong-building-closed-amid-covid-cases-reports-say?sref=lAVQtUwz">Bloomberg</a>.The new infections followed a COVID-19 outbreak last Thursday at a gym in Sai Ying Pun, which has spread to the region's financial district. The <a href="https://www.info.gov.hk/gia/general/202103/16/P2021031600413.htm">CHP said</a> Tuesday it was investigating 18 additional confirmed infections of the virus, taking the total number of cases in Hong Kong to date to 11,340.The CHP also <a href="https://www.news.gov.hk/eng/2021/03/20210317/20210317_114128_256.html">extended the current social distancing measures</a> until March 31."It is our understanding that HMB can return to normal business when virus testing of colleagues and deep cleaning of the facility are complete," HSBC said in the memo. "The exact timing is yet to be confirmed."Around 30,000 HSBC employees now have no access to the lender's flagship office, located at 1 Queen's Road Central, in the center of Hong Kong's business district.Guards wearing masks, face shields and protective clothing were standing in front of the building's entrances and a poster stuck on the door told customers to visit another HSBC branch in the local area, Bloomberg reported.Insider approached HSBC for comment but did not immediately receive a reply.A spokeswoman from the bank told Bloomberg that HSBC was following advice from health authorities and taking the necessary steps so the building can reopen when it's safe."For banking services, we have well-developed contingency measures that ensure our services and critical processes continue to be maintained," she said.Hong Kong, with a population of 7.5 million, has kept <keyword id="1754604" type="PERSON" weightage="60" keywordseo="coronavirus">coronavirus</keyword> cases low thanks to strict contact tracing, testing and quarantine measures. There have been <a href="https://www.coronavirus.gov.hk/eng/index.html">203 deaths</a> in the city, according to the CHP data.With a total of <a href="https://www.coronavirus.gov.hk/eng/index.html">292 cases between March 2 to March 15</a>, the latest outbreak is the second largest since a surge in November.

HSBC has closed its main office in Hong Kong after an outbreak of COVID-19 at a gym

<ul class="summary-list"><li>The <keyword id="27360" type="COUNTRY" weightage="60" keywordseo="bahamas">Bahamas</keyword> has joined other countries in banning US travelers this summer.</li><li>The popular tourist destination reopened its borders three weeks ago, but has seen a spike in <keyword id="1754604" type="PERSON" weightage="60" keywordseo="coronavirus">coronavirus</keyword> cases.</li><li>While International <keyword id="6367662" type="UNKNOWN" weightage="60" keywordseo="flights">flights</keyword> from Canada, the UK, and the EU are allowed, Prime Minister Hubert Minnis closed the borders to US visitors on Sunday. </li></ul>Americans with plans to sunbathe on Bahamian beaches this summer can forget about it.Prime Minister Hubert Minnis <a href="https://opm.gov.bs/national-address/">announced on Sunday</a> that US tourists are among those banned from the islands due to coronavirus concerns. Bahamasair ceased flights to the United States on Sunday. Commercial flights and vessels are banned from the country, with an exception for those coming from Canada, the United Kingdom, and the European Union, Minnis said."In neighboring countries, hospitals are overwhelmed and deaths are increasing. For some places it is unclear when or how they will get this virus under control," Minnis said. "While there are countries that continue to make progress, such progress can be reversed because of what is happening in neighboring and other countries.The <keyword id="20048" type="CITY" weightage="60" keywordseo="tourism">tourism</keyword> ban comes three weeks after the Bahamas reopened its borders to <keyword id="6354692" type="UNKNOWN" weightage="60" keywordseo="Travel">travel</keyword>. Since then, the country has seen a spike in coronavirus cases. To accommodate visitors scheduled to leave after July 22, outgoing commercial flights to the US will be permitted, Minnis said.Private international flights and charters for Bahamians, residents, and visitors will also be allowed. Visitors on yachts are also welcome, Minnis said.Anyone arriving in the country by air or sea, including residents, will have to provide a negative <keyword id="8763838" type="UNKNOWN" weightage="60" keywordseo="covid-19">COVID-19</keyword> test result upon arrival. The test will have to been taken within 10 days before the date of the visit. <div type="image" title="bahamas, beach, vacation" height="1735" width="2573" msid="77071242" hostid="261"></div><h2>The Bahamas has identified 153 confirmed cases of coronavirus</h2>Minnis blamed the rise in cases, at least in part, to the handling of cases in countries frequented by Bahamians."Progress can also be reversed because of how citizens and residents within countries are following or ignoring health guidelines," he said.The Bahamas has had 153 confirmed cases of the coronavirus, including 11 deaths, according to <a href="https://coronavirus.jhu.edu/map.html">data from Johns Hopkins University</a>.The region is still recovering from the devastating damage caused by <a href="https://www.businessinsider.com/hurricane-dorian-stalled-bahamas-tropical-storm-climate-change-2019-9">Hurricane Dorian last year.</a>The US is the largest tourism market for the Bahamas, especially people from Florida, <a href="https://www.usatoday.com/story/travel/2020/07/19/bahamas-bars-american-tourist-entry-due-covid-19/5469950002/">according to USA Today</a>. Florida has seen 350,047 confirmed cases of the coronavirus, with nearly 5,000 deaths, <a href="https://experience.arcgis.com/experience/96dd742462124fa0b38ddedb9b25e429">according to state data.</a>The Bahamas isn't the only country to close their otherwise reopened borders to US tourists.The <a href="https://www.businessinsider.com/europe-travel-ban-americans-eu-coronavirus-final-2020-6">European Union</a> and <a href="https://www.businessinsider.com/coronavirus-uk-us-travel-ban-list-covid-19-surge-2020-7">the UK</a> have also banned American tourists amid surging coronavirus cases in some regions.

The Bahamas is the latest country to close its borders to US visitors, but others are still welcome

<ul class="summary-list"><li>Five states have <keyword id="11901426" type="UNKNOWN" weightage="60" keywordseo="abortion" source="Orion">abortion</keyword> measures on the ballot in the midterm elections on November 8. </li><li>A retired gynecologist debunked common misinformation abortion opponents spread about the procedure.</li></ul>Overturning Roe v. Wade put many women's health at risk — some fatally, Debbie McNabb, a retired gynecologist, said."Women are going to die, no doubt about it," McNabb told Insider before the Supreme Court overturned the landmark case in June. "Women will always have abortions in the United States. The only question is, will they be safe and legal?"Since the Supreme Court overturned <a href="https://www.businessinsider.com/supreme-court-abortion-decision-final-ruling-scotus-roe-v-wade-2022-6">Roe</a> by a 5-4 majority in June, over 65 abortion clinics have closed in 15 states. About 29% of all American women of reproductive age have <a href="https://www.businessinsider.com/us-almost-30-of-women-have-lost-access-abortions-report-2022-10">no abortion options</a> in their state. On <a href="https://www.pbs.org/newshour/politics/which-states-have-abortion-on-the-ballot-in-november">November 8</a>, voters in California, Michigan, and Vermont will decide whether to establish a state right to abortion, while voters in Kentucky will decide whether the state constitution should not protect the right. Voters in Montana will consider whether to establish a <a href="https://www.npr.org/2022/10/26/1131427646/abortion-ballot-montana-voters-decide-born-alive-act">Born Alive Act</a>, though the state already has protections against infanticide. While abortion has been a <a href="https://news.gallup.com/poll/404243/economy-top-election-issue-abortion-crime-next.aspx">top issue</a> among voters, McNabb said there is still a wealth of misinformation about the procedure. McNabb, who is receiving her Ph.D. in bioethics and health humanities at the University of Texas, fact-checked some of the most common pieces of misinformation abortion opponents spread. <h2>1. Abortion causes breast cancer.</h2>"Abortion does not cause breast cancer," McNabb said, noting that abortion opponents often base that argument on discredited studies.Women who menstruate earlier but don't have children are at a slightly higher risk of getting breast cancer, as are women who don't have children until age 35, McNabb said. Meanwhile, women who have one or more children by age 20 are at a slightly lower risk. "There are a couple of outlier studies, but the overwhelming number of large, well-documented studies show no increased risk of breast cancer from abortions. Because of this evidence, every single professional medical organization worldwide states that there is no increased risk of breast cancer associated with abortion," McNabb said. <h2>2. Abortion causes infertility.</h2>"Oh, no way. No way," McNabb said. "I guess perhaps what they're talking about is when you do an aggressive D&amp;C," referring to <a href="https://www.insider.com/guides/health/reproductive-health/abortion-pill">dilation and curettage</a> — a medical procedure that removes tissue from inside the uterus. "If you're overly aggressive, you can scrape the inside of the uterus. And that can cause scar tissue, which is a terrible thing."The claims could also be referencing "cervical insufficiency," McNabb said. "If you have to dilate the cervix real wide, and then the cervix doesn't work as well the next time. Again, exceedingly rare," McNabb said, adding that there's "nearly zero risk of infertility" from an abortion."I've never even heard of a case. Never even heard of a case of scar tissue in the endometrium causing infertility. It would be so rare. It would make a journal article," she said. <div type="image" title="Dr. Debbie McNabb." height="960" width="1280" msid="91452736" hostid="261"></div><h2>3. The abortion pill isn't safe for women.</h2>Another common claim is that medical abortions, which utilize <a href="https://www.mayoclinic.org/tests-procedures/medical-abortion/about/pac-20394687">Mifepristone and Misoprostol</a> pills, are not safe for women."That's not true. You can take medication for abortion up to — some people say 10 weeks, some people say 11 weeks — gestation," she said, noting that knowing the dates of your last menstrual period is important. "So typically if a woman goes to a clinic, she gets a pelvic exam. But if women are sure about their dates, it's very safe to do medication abortions. It's extremely safe and highly effective up to 10 to 11 weeks," she said.She also noted that oftentimes it's not just potential patients who misinformation affects, but also doctors. "That megaphone through society, churches, and sometimes even <keyword id="11897506" type="UNKNOWN" weightage="60" keywordseo="healthcare" source="Orion">healthcare</keyword> providers — repeating these lies purely because of their religious beliefs — is very loud," McNabb said. "Doctors in practice, and even in academic centers, are terrified of speaking out in this dangerous legal and social environment, so lies spread easily." <h2>4. Women who have had abortions risk preterm deliveries in future pregnancies.</h2>Another hard no, McNabb said. "You compare abortion complications to complications encountered if a woman goes to full term and delivers a baby," McNabb said. "So yeah, abortion complications are not zero, but if a woman goes to full term and has a baby, she's at between 10 and 14 times the risk of serious illness or death. So it has no meaning to just look at abortion. You have to look at it in terms of the alternative." She added that the risk of a full-term pregnancy will "still far outweigh an abortion up to 20 or even 22 weeks," noting that in many conservative states, there are very <a href="https://www.businessinsider.com/states-passing-abortion-bans-have-highest-infant-mortality-rates-2019-5">high maternal-mortality rates</a>, especially <a href="https://www.businessinsider.com/new-data-shows-black-women-us-more-likely-die-from-pregnancy-9">among Black women</a>."The risk of abortions go up from first trimester up to the limit of when someone would perform an abortion," McNabb said. "But they're always still less than the risk of a full-term pregnancy."<div type="image" title="Containers of the medication used to end an early pregnancy." height="3593" width="4791" msid="91452738" hostid="261"></div><h2>5. Abortion is psychologically damaging, increasing a woman's risk of mental illness and suicide.</h2>McNabb said these claims are "absolutely false," adding that previous litigation made claims about the psychological damages "without any evidence." "So Planned Parenthood v. Casey talked about abortion regret," she said, referring to the 1992 Supreme Court decision which again reaffirmed Roe. "We have excellent studies that show that women who have abortions have no more mental distress than women who have full-term pregnancies and deliveries."According to a 2009 <a href="https://www.apa.org/pubs/journals/features/amp-64-9-863.pdf">journal article</a> by the American Psychological Association, "the majority of adult women who terminate a pregnancy do not experience mental-health problems. Across studies, the prevalence of disorders among women who terminated a pregnancy was low, and most women reported being satisfied with their decision to abort both one month and two years post-abortion."<h2>6. Most women regret their abortions.</h2>"No, abortion does not cause regret to any significant extent. And when it does, it's the same as if you've had a full-term pregnancy and delivery," she said. She added that <a href="https://publisher.abc-clio.com/9781440839856">modern studies</a> disagree with conclusions about unique regret among women with abortions. "Back when Casey was decided, they leaned so heavily on abortion regret without any evidence," McNabb said. "Well, now we have very strong evidence that it's not a thing." She added that misinformation about abortion is "extremely pervasive" in some conservative states. She said many "<a href="https://journalofethics.ama-assn.org/article/why-crisis-pregnancy-centers-are-legal-unethical/2018-03">crisis-pregnancy centers</a>," in these states, which often receive private and public funds, try to convince those seeking abortions to raise the child or place the child for adoption. "The name is misleading because their sole mission is to persuade women not to have abortions, though most women who walk in, think that they're going into an abortion clinic," McNabb said, noting that the centers may do a pregnancy test, an ultrasound, and provide adoption resources, but "otherwise, the entire time is spent on convincing the woman that abortion is murder."<h2>7. Women will have abortions up to the moment of birth.</h2>In this claim, McNabb said abortion opponents target <a href="https://www.nysenate.gov/legislation/bills/2019/S240">New York's Reproductive Health Act</a>, which codified Roe into state law in 2019 and permits abortion in certain circumstances after 24 weeks. "In New York state, you can perform an abortion to remove the uterine contents, but it's not the same as abortion that's allowed up to the moment of birth," McNabb said.In 2015, <a href="https://www.cdc.gov/mmwr/volumes/67/ss/ss6713a1.htm#T21_down">CDC data</a> showed that two-thirds of all abortions were performed at or before eight weeks' gestation, and over 90% were performed at or before 13 weeks' gestation. Only 1.3% of abortions were performed at or beyond 21 weeks' gestation."An abortion at term is a desired pregnancy in the context of an extremely dire emergency without sufficient time for a safe C-section, when a woman would otherwise die. This is a rare medical situation that no amount of medical information could inform a law-making body sufficiently for them to draft a specific law," McNabb said.<div type="image" title="Abortion-rights activist protest outside of the US Supreme Court Tuesday, May 3, 2022 in Washington, DC." height="4000" width="5333" msid="91452740" hostid="261"></div><h2>8. Doctors will perform 'partial-birth abortions.'</h2>McNabb said the phrase "partial-birth abortion," which those lobbying against abortion access commonly used, is not "in any obstetrics textbook. It is not medical lingo." "So they say 'partial-birth' like this is a baby being delivered. But what it is, it's a second-trimester abortion where some gynecologists realize that the safest thing for a woman was to do the procedure this way," McNabb said. She added that "if things are going really south and a woman is in distress for some reason because of the pregnancy," the doctor will perform an emergency C-section. "Any fetus that is post-viability, the physicians will do everything within their power to care for that fetus and to ensure a good outcome," McNabb said, noting that viability tends to be around 23 to 24 weeks, but doctors also consider survivability and impairments to the fetus."If you can get the baby out in a C-section, that's what you do. If, for example, a woman is septic and hemorrhaging and you can't do a C-section, or you can't do it fast enough because you don't have things available, yes, in New York state, you can perform an abortion to remove the uterine contents."<h2>9. An unborn fetus experiences pain.</h2>"The other thing they always say is fetal pain," McNabb said. "So pain is only experienced if you have a brain that's developed enough to experience it. And that process doesn't even start until about 24 weeks gestation. And in addition to the brain, you have to have a mature connection from the brain to the body. Mature spinal cord with mature neural pathways.""So pre-viability abortions, there is no such thing as fetal pain," she said.<h2>10. Abortion is never medically necessary to save a woman's life.</h2>According to the American College of Obstetricians and Gynecologists, as well as Physicians for Reproductive Health, this claim is untrue. "Determining the appropriate medical intervention depends on a patient's specific condition. There are situations where pregnancy termination in the form of an abortion is the only medical intervention that can preserve a patient's health or save their life," both organizations said in a <a href="https://www.acog.org/news/news-releases/2019/09/abortion-can-be-medically-necessary">2019 joint statement</a>. <a href="https://www.washingtonpost.com/opinions/2019/09/15/facebook-took-down-our-fact-check-medically-necessary-abortions-thats-dangerous/">Many doctors have stories</a> of medically necessary abortions they've performed. McNabb recalled a case of a patient pregnant with conjoined twins who shared a heart at 18 weeks. "If she carried to term, not only would she have had 10 to 14 times the risk of morbidity and mortality, but those babies would not survive and would require a C-section, and even that would be extremely difficult with potential damage to nearby organs or hemorrhage requiring a hysterectomy. Shouldn't she be allowed to weigh those risks for herself?" McNabb said. "It's up to the woman to decide either way, and the OB will follow her wishes."Ultimately, McNabb said, people typically find abortion acceptable in cases of rape, incest, risk to the mother's life, fetal malformations, or — most notably — when "it's me or my family." "We can say what we think we would do, but all of these women I've ever spoken to, they would say, 'I never thought I would have an abortion, but I have this situation. And that's why I made this decision,'" McNabb said. "So it's absurd for anybody else to suggest that they can tell somebody else what to do if they haven't been in that spot."

10 common pieces of abortion misinformation &mdash; debunked by a retired gynecologist

<ul class="summary-list"><li><keyword id="2390" type="COMPANY" weightage="60" keywordseo="Las-Vegas">Las Vegas</keyword> Mayor Carolyn Goodman told MSNBC that hospitality businesses should be allowed to reopen.</li><li>"Assuming everyone's a carrier," Goodman said that the open businesses that generate infections will then be closed again.</li><li>MSNBC's Katy Tur called the mayor's idea "modern day survival of the fittest." </li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories</a>.</li></ul>Las <keyword id="241497" type="CITY" weightage="60" keywordseo="Vegas">Vegas</keyword> Mayor Carolyn Goodman thinks that businesses in the city that want to reopen should be able to. That way, those businesses that see outbreaks can just be closed again at a later date.The mayor, who doesn't have authority over the Vegas strip, shared her idea with MSNBC's Katy Tur in a phone <a href="https://www.youtube.com/watch?v=rnM2jqB9OQ4">interview on Tuesday</a>. "Assume everybody is a carrier," the mayor told Tur. "And then you start from an even slate. And tell the people what to do. And let the businesses open and competition will destroy that business if, in fact, they become evident that they have disease, they're closed down. It's that simple."Tur, who was apparently dumbfounded by the comments, called the plan "modern day survival of the fittest."Goodman has been a vocal critic of business closures. She previously came under fire for calling the shutdowns "insanity." Matthew 'Matt' Maddox, CEO Wynn Resorts, said in <a href="https://thenevadaindependent.com/article/a-plan-to-re-open-nevada">an op-ed</a> "that opinion has no basis in science or data and should be ignored." Stephen Cloobeck, CEO of Diamond Resorts International, appeared in Tur's Tuesday segment in a fiery video message."Mayor Goodman is the mayor of Las Vegas downtown, she has nothing to do with the strip and we're sick and tired of hearing this," Cloobeck said. Goodman tried to explain her thoughts to Tur, and referred to hospitality workers who are struggling to feed their families. She also made reference to lesser infectious diseases that have come and gone. "We've survived the West Nile and SARS, Bird Flu, E. coli, swine flu, the Zika virus," Goodman told Tur, who quickly interjected. "They were not as contagious and they did not spread as far as this disease has already done," Tur said.As of Wednesday morning, there were more than 826,000 confirmed <keyword id="8763838" type="UNKNOWN" weightage="60" keywordseo="covid-19">COVID-19</keyword> cases in the US and more than 45,000 deaths. In Nevada, there have been nearly 4,000 cases and 163 deaths. Goodman's comments come as protesters around the United States <a href="https://www.businessinsider.com/pro-gun-activists-brothers-facebook-protest-lockdowns-2020-4">hold rallies</a> calling for the end of lockdowns and restarting the economy.Read the original article on <a href="https://www.businessinsider.com/las-vegas-mayor-open-casinos-close-with-most-infections-2020-4">Business Insider</a>

The mayor of Las Vegas wants to open casinos and let the number of infections determine which of them have to close

<ul class="summary-list"><li>Different factors, such as food security, affect the health of a community.</li><li>Collaborative partnerships and anonymous data sharing can identify needs and improve outcomes.</li></ul>For decades, a lack of affordable housing has plagued low-income residents of Hawaii, especially in Honolulu.But a deep dive into available data showed an even greater problem that's negatively affecting the health of many Hawaiians: food insecurity.Access to affordable housing and food are examples of social determinants of health, the conditions in the places where people live, learn, work, and play that affect a wide range of health and quality-of-life risks and outcomes. A <a href="https://pubmed.ncbi.nlm.nih.gov/26526164/" target="_blank" rel="nofollow noopener sponsored">study</a> published by the American Journal of Preventive Medicine found that 80% of a person's health was determined by what happened outside a doctor's office.Because these social determinants of health, and many others, can cause significant problems for millions of Americans, identifying specific needs within a particular city or neighborhood can inform public-health decisions that lead to better outcomes for its residents."A significant amount of the challenges standing in the way of health and health equity are tied to unique issues within each community," said Catherine Anderson, the senior vice president of policy and strategy at UnitedHealthcare Community &amp; State. "Without a data-informed approach, you're throwing resources at challenges that may not be the right ones for that community."By applying state-of-the-art data collection and analytics tools to its members' anonymized health data, and informed by community insights, <a href="https://www.uhc.com/" target="_blank" rel="nofollow noopener sponsored">UnitedHealthcare</a> — one of the nation's leading health-benefits providers — is working with select partners in more than two dozen communities to close gaps in <keyword id="11897506" type="UNKNOWN" weightage="100" keywordseo="healthcare" source="Orion">healthcare</keyword> and address health-equity challenges.<h2>Collecting data leads to better health outcomes</h2>The program, launched earlier in 2021, is called <a href="https://newsroom.uhc.com/community/catalyst.html" target="_blank" rel="nofollow noopener sponsored">UnitedHealthcare Catalyst</a>, and it's designed to expand access to healthcare to address each community's needs. As Anderson said when the program launched, its goal is "to bring the right partners together to align primary and behavioral health with social needs, creating initiatives that improve health outcomes and provide equitable care for all."A Catalyst partner is the Council of Large Public Housing Authorities, a nonprofit organization working to preserve and improve public and affordable housing. Anderson said analysis of UnitedHealthcare claims and other data showed that residents of publicly assisted housing were often among the most difficult to reach and serve regarding health needs."Tens of thousands of our members live in public housing, so CLPHA has been a key partner for us," Anderson said. "But public-housing authorities don't have access to public-health data. Working together, we can understand what is happening to the people who live in their units, and what can be done to improve their lives."<h2>Local partnerships make community care more effective</h2>Research shows that increasing well visits and screenings, while vitally important to improving health outcomes, doesn't eliminate all health-equity gaps. Thus, it's essential to create approaches that are rooted in data and reflect the perspectives of the people who live and work in the community.That's why, in addition to CLPHA, UnitedHealthcare has forged partnerships with a multitude of other organizations, including public-housing agencies, federally qualified health centers, and community-based organizations. Each alliance is customized to address that community's social-determinants-of-health challenges, which can include such factors as poor access to transportation, food insecurity, low incomes, inadequate housing, and a lack of education. To date, UnitedHealthcare Catalyst has rolled out in 22 cities or counties in Arizona, Georgia, Hawaii, Indiana, Louisiana, Maryland, Michigan, Mississippi, Missouri, Nevada, New York, Ohio, Pennsylvania, Rhode Island, Tennessee, Texas, Virginia, and Washington. Another 15 Catalyst partnerships are expected to launch in 2022.UnitedHealthcare Catalyst builds on and complements other UnitedHealthcare initiatives focused on helping improve health equity, promoting better health outcomes, and expanding health access for all people. Other UnitedHealthcare investments are supporting programs — and partnerships — that address food, transportation, and social-isolation issues, including $80 million to help minority populations disproportionately affected by COVID-19."I believe Catalyst and these other programs show the power of communities and partnerships to best serve the needs of all citizens," Anderson said.<a href="https://newsroom.uhc.com/community.html" target="_blank" rel="nofollow noopener sponsored">Learn more about UnitedHealthcare's community-focused partnerships here.</a>This post was created by <a href="https://www.businessinsider.com/sponsor-posts" target="_blank" rel="nofollow noopener sponsored">Insider Studios</a> with <a href="https://www.uhc.com" target="_blank" rel="nofollow noopener sponsored nofollow sponsored nofollow sponsored">UnitedHealthcare</a>.

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