Aster DM Healthcare Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 25,793,072 (50%) | — | ₹49,007 Cr |
| NII (HNI) | — | 7,737,922 (15%) | — | ₹14,702 Cr |
| Retail | — | 18,055,151 (35%) | — | ₹34,305 Cr |
| Σ Total | — | 51,586,145 (100%) | — | ₹980,137 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 | 78 | ₹14,820 |
| Retail (Max) | 13 | 1,014 | ₹192,660 |
| S-HNI (Min) | 14 | 1,092 | ₹207,480 |
| B-HNI (Min) | 67 | 5,226 | ₹992,940 |
Financial Statements Amount in Crore
| Metric | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 (Proforma) |
|---|---|---|---|
| Revenue | 5,968 | 5,275 | 3,899 |
| Profit After Tax | 267 | 8 | 272 |
| Total Assets | 6,807 | 5,756 | 4,412 |
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 and/or pre-payment of debt – 564.16
- 2 Purchase of medical equipment – 110.31
- 3 General corporate purposes – 1.52
Company Overview
Incorporated in 1987, Aster DM Healthcare Ltd is Kochi, Kerala based healthcare service provider with operations in GCC states (United Arab Emirates, Oman, Saudi Arabia, Qatar, Kuwait and Bahrain), India and the Philippines. Company’s Indian operations are headquartered in Kochi, Kerala.
Aster DM Healthcare operates in multiple segments of the healthcare industry including hospitals, clinics and retail pharmacies. Company operates hospitals and clinics, pharmacies, diagnostic centers, educational institutions, and healthcare management and healthcare support systems. Company provides healthcare services to patients across economic segments under brand names including "Aster", "Medcare" and "Access".
Aster's healthcare facilities consist of 9 hospitals, 90 clinics and 206 retail pharmacies in the GCC states, 10 multi-specialty hospitals and 7 clinics in India, and 1 clinic in the Philippines as of September 30, 2017. Aster's had 17,408 employees as of September 30, 2017, including 1,417 full time doctors, 5,797 nurses, 1,752 paramedics and 8,442 other employees (including pharmacists).
Aster's hospitals in India are located in Kochi, Kolhapur, Kozhikode, Kottakkal, Bengaluru, Vijayawada, Guntur, Wayanad and Hyderabad and are generally operated under the Aster, MIMS, Ramesh and Prime brands.