Aashka Hospitals Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 3,960,000 (47%) | — | ₹4,792 Cr |
| Retail | — | 3,960,000 (47%) | — | ₹4,792 Cr |
| Market Maker | — | 480,000 (6%) | — | ₹58 Cr |
| Σ Total | — | 8,400,000 (100%) | — | ₹101,640 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹121,000 |
| Retail (Max) | 13 | 13,000 | ₹1,573,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,694,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,107,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 4,069 | 2,725 | 2,773 |
| Profit After Tax | 411 | 138 | 136 |
| Total Assets | 6,508 | 6,005 | 5,405 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Repayment / prepayment, in full or part, of certain borrowings availed by thr Company; – 20.00
- 2 Funding of our inorganic growth initiatives – 28.54
- 3 General corporate purposes – 15.00
Company Overview
Incorporated in 2012, Aashka Hospital, the Gujarat-based hospital is an integrated healthcare service provider that offers the best quality of healthcare facilities including prevention, best treatment, and rehabilitation.It serves a range of healthcare services i.e. Cardiology, neurology, neurosurgery, nephrology, anesthesiology, orthopedics, pediatric services, neonatology services, dermatology, radiology, dentistry, obstetrics, and gynecology, and more.
It serves patients with ultra-modern medicinal practices and state-of-the-art infrastructure for medical as well as surgical care solutions. Amid COVID-19, it has set up a designated COVID-19 Treatment hospital and treated 2,000+ patients.
Competitive strengths
- Longstanding market presence and strong brand equity.
- A comprehensive range of well-diversified and specialty service offerings.
- A team of best quality medical practitioners to provide quality services.
- Certified by National Accreditation Board for Hospitals and Healthcare Providers and a part of Ayushman Bharat.