Medplus Health Services Ltd

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public offering of 17,573,342* equity shares of face value of Rs. 2 each ("Equity Shares") of Medplus Health Services Limited (The "Company" or the "Company" or the "Issuer") for cash at a price of Rs. 796 per equity share (including a premium of Rs. 794 per equity share) ("Offer Price") aggregating to Rs. 1398.30 crores (The "Offer"), comprising of a fresh issue of 7,544,511 equity shares aggregating to Rs. 600.00 crores (The "Fresh Issue") by the company and an offer for sale of 10,028,831 equity shares aggregating to Rs. 798.30 crores (The "Offer for Sale"), comprising of 7,826,626 equity shares aggregating to Rs. 623.00 crores by PI Opportunities Fund - I ("Investor Selling Shareholder"), 1,344,221 equity shares aggregating to Rs. 107.00 crores by S. S. Pharma LLC, 402,010 equity shares aggregating to Rs. 32.00 crores by Shore Pharma LLC, 125,628 equity shares aggregating to Rs. 10.00 crores by Natco Pharma Limited, 125,628 equity shares aggregating to Rs. 10.00 crores by Time Cap Pharma Labs Private Limited, 89,547 equity shares aggregating to Rs. 7.13 crores by A. Raghava Reddy, 53,115 equity shares aggregating to Rs. 4.23 crores by K. Prakurthi, 27,135 equity shares aggregating to Rs. 2.16 crores by Navdeep Patyal, 18,467 equity shares aggregating to Rs.1.47 crores by Sangeeta Raju, 14,974 equity shares aggregating to Rs. 1.19 crores by R. Venkat Reddy, 276 equity shares aggregating to Rs. 0.02 crores by TK Kurien, 251 equity shares aggregating to Rs. 0.02 crores by Nithya Venkataramani, 251 equity shares aggregating to Rs .0.02 crores by Atul Gupta, 251 equity shares aggregating to Rs. 0.02 crores by Manoj Jaiswal, 251 equity shares aggregating to Rs. 0.02 crores by Rahul Garg, 100 equity shares aggregating to Rs 0.008 crores by Kollengode Ramanathan Lakshminarayana and 100 equity shares aggregating to Rs.0.008 crores by Bijou Kurien (collectively, the "Other Selling Shareholders" and collectively with the investor selling shareholder are referred to as the "Selling Shareholders") and such equity shares, the "Offered Shares"). The offer includes a reservation of 69,637 equity shares, aggregating up to Rs. 5.00 crores (constituting up to 0.06% of the post-offer paid-up equity share capital), for subscription by eligible employees (as defined hereinafter) ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The company and the investor selling shareholder may, in consultation with the book running lead managers, offer a discount of 9.80 to the offer price to eligible employees bidding in the employee reservation portion ('Employee Discount"). The offer and the net offer shall constitute 14.72% and 14.67%, respectively, of the post-offer paid-up equity share capital of the "Company"). The face value of equity shares is Rs. 2 each. The offer price is 398 times the face value of the equity shares. *Subject to finalisation of the basis of allotment. #A discount of Rs. 78 per equity share was offered to eligible employees bidding in the employee reservation portion. Bids can be made for minimum 18 equity shares and in multiples of 18 equity shares thereafter.