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Aatmaj Healthcare IPO is a fixed price issue of ₹38.40 crores. The issue is entirely a fresh issue of 0.64 crore shares of ₹38.40 crore.
Aatmaj Healthcare IPO bidding started from Jun 19, 2023 and ended on Jun 21, 2023. The allotment for Aatmaj Healthcare IPO was finalized on Jun 26, 2023. The shares got listed on NSE SME on Jun 30, 2023.
Aatmaj Healthcare IPO price is ₹60.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,40,000.
Nirbhay Capital Services Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The market maker of the company is Rikhav Securities Ltd..
Refer to Aatmaj Healthcare IPO RHP for detailed Information.
| IPO Date | June 19, 2023 to June 21, 2023 |
| Listing Date | June 30, 2023 |
| Face Value | ₹5 per share |
| Issue Price Band | |
| Issue Price Final | ₹60 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 64,00,000 shares (aggregating up to ₹38.40 Cr) |
| Reserved for Market Maker | 3,22,000 shares Rikhav Securities Ltd. (aggregating up to ₹1.93 Cr) |
| Net Offered to Public | 60,78,000 shares (aggregating up to ₹36.47 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,62,00,000 shares |
| Share Holding Post Issue | 2,26,00,000 shares |
Aatmaj Healthcare IPO offers total 64,01,000 shares. Out of which 30,39,500 (47.48%) allocated to NII, 30,39,500 (47.48%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 3,22,000 (5.03%) |
| NII (HNI) Shares Offered | 30,39,500 (47.48%) |
| Retail Shares Offered | 30,39,500 (47.48%) |
| Total Shares Offered | 64,01,000 (100.00%) |
Aatmaj Healthcare IPO opens on June 19, 2023, and closes on June 21, 2023.
| IPO Open Date | Mon, Jun 19, 2023 |
| IPO Close Date | Wed, Jun 21, 2023 |
| Tentative Allotment | Mon, Jun 26, 2023 |
| Initiation of Refunds | Tue, Jun 27, 2023 |
| Credit of Shares to Demat | Thu, Jun 29, 2023 |
| Tentative Listing Date | Fri, Jun 30, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Jun 21, 2023 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,20,000 |
| Retail (Max) | 1 | 2,000 | ₹1,20,000 |
| HNI (Min) | 2 | 4,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2014, Aatmaj Healthcare Limited runs multi-specialty hospitals, under the name Jupiter Hospitals, offering medical care at affordable rates.
The company provides inpatient and outpatient healthcare services through its hospitals in Vadodara, Gujarat with an aggregate bed capacity of 130 beds extendable up to 175 beds. As on December 31, 2022, they have conducted an aggregate healthcare treatment, including surgeries, of over 17,000 patients, consisting of more than 4,000 patients and more than 13,000 OPD patients including Covid-19 Patients.
The company's primary check-up services include hemoglobin check, lipid profile, general tests, renal profile, blood sugar, MCV, ESR, MCH, MCHC, liver profile, and lipid profile.
Aatmaj Healthcare specializes in Nephrology and Uro surgery/Vascular surgery, Orthopedics, Joint replacement, Polytrauma care, Obstetric, Gynaecology, ENT, Ophthalmology, Plastic Surgery, and Neuro Surgery.
The company is a part of Ayushman Bharat-Pradhan Mantri Jan ArogyaYojana, a flagship scheme of the Government of India which was launched and recommended by the National Health Policy 2017, to achieve the vision of universal health coverage (UHC).
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 932.82 | 436.82 | -27.03 | -93.34 | -228.34 | 876.26 |
| 31-Mar-21 | 979.97 | 1,726.25 | 412.19 | 318.85 | 183.85 | 433.39 |
| 31-Mar-22 | 1,719.32 | 2,180.88 | 492.07 | 810.62 | 675.62 | 517.52 |
| 30-Sep-22 | 2,323.49 | 1,344.83 | 290.93 | 1,101.85 | 561.85 | 893.61 |
| 31-Dec-22 | 3,031.94 | 2,047.73 | 577.49 | 1,388.40 | 578.40 | 1,218.40 |
| Amount in ₹ Lakhs | ||||||
The market capitalization of Aatmaj Healthcare IPO is ₹135.60 Cr.
| KPI | Values |
|---|---|
| ROE | 0.42 |
| ROCE | 44.13 |
| Debt/Equity | 0.14 |
| RoNW | 53.67% |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
[Dilip Davda] The company operates in a highly competitive and fragmented segment with many players. It has posted steady growth in its top and bottom lines and the management is confident of maintaining the trends. It has plans of expansion via acquisition mode in surrounding regions. Based on its financial performance so far, the issue appears fully priced. Well-informed investors may park funds for medium to long-term rewards. Read detail review...
| Listing Date | June 30, 2023 |
| BSE Script Code | |
| NSE Symbol | AATMAJ |
| ISIN | INE0OB201016 |
| Final Issue Price | ₹60 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹60.00 |
| Open | ₹56.00 |
| Low | ₹53.20 |
| High | ₹56.00 |
| Last Trade | ₹53.20 |
Aatmaj Healthcare Ltd.
Jupiter Hospital,
Opp. ICAI Bhavan,
Sunpharma Ataladra Road,
Vadodara, Gujarat, 390012
Phone: +91 9714059465
Email: cs@jupiterhospitalvadodara.com
Website: https://www.jupiterhospitalvadodara.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: aatmajhealthcare.smeipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Aatmaj Healthcare IPO is a SME IPO of 64,00,000 equity shares of the face value of ₹5 aggregating up to ₹38.40 Crores. The issue is priced at ₹60 per share. The minimum order quantity is 2000.
The IPO opens on June 19, 2023, and closes on June 21, 2023.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Aatmaj Healthcare IPO using UPI as a payment gateway. Zerodha customers can apply in Aatmaj Healthcare IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aatmaj Healthcare IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Aatmaj Healthcare IPO opens on June 19, 2023 and closes on June 21, 2023.
Aatmaj Healthcare IPO lot size is 2000, and the minimum amount required for application is ₹1,20,000.
You can apply in Aatmaj Healthcare IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Aatmaj Healthcare IPO will be done on Monday, June 26, 2023, and the allotted shares will be credited to your demat account by Thursday, June 29, 2023. Check the Aatmaj Healthcare IPO allotment status.
The Aatmaj Healthcare IPO listing date is on Friday, June 30, 2023.
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