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Yatharth Hospital IPO is a book build issue of ₹686.55 crores. The issue is a combination of fresh issue of 1.63 crore shares aggregating to ₹490.00 crores and offer for sale of 0.66 crore shares aggregating to ₹196.55 crores.
Yatharth Hospital IPO bidding started from Jul 26, 2023 and ended on Jul 28, 2023. The allotment for Yatharth Hospital IPO was finalized on Aug 2, 2023. The shares got listed on BSE, NSE on Aug 7, 2023.
Yatharth Hospital IPO price band is set at ₹300.00 per share . The lot size for an application is 50. The minimum amount of investment required by an retail is ₹14,250 (50 shares). The lot size investment for sNII is 14 lots (700 shares), amounting to ₹2,10,000, and for bNII, it is 67 lots (3,350 shares), amounting to ₹10,05,000.
Intensive Fiscal Services Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Yatharth Hospital IPO RHP for detailed Information.
| IPO Date | July 26, 2023 to July 28, 2023 |
| Listing Date | August 7, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹285 to ₹300 per share |
| Issue Price Final | ₹300 per share |
| Lot Size | 50 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 2,28,85,023 shares (aggregating up to ₹686.55 Cr) |
| Fresh Issue | 1,63,33,333 shares (aggregating up to ₹490.00 Cr) |
| Offer for Sale | 65,51,690 shares of ₹10 (aggregating up to ₹196.55 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Post Issue | 8,58,50,233 shares |
Yatharth Hospital IPO offers total 2,28,85,023 shares. Out of which 1,14,42,510 (50.00%) allocated to QIB, 45,77,004 (20.00%) allocated to QIB, 34,32,754 (15.00%) allocated to NII, 80,09,759 (35.00%) allocated to RII and 68,65,506 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 1,14,42,510 (50.00%) | NA |
| − Anchor Investor Shares Offered | 68,65,506 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 45,77,004 (20.00%) | NA |
| NII (HNI) Shares Offered | 34,32,754 (15.00%) | NA |
| − bNII > ₹10L | 22,88,503 (10.00%) | 3,269 |
| − sNII < ₹10L | 11,44,251 (5.00%) | 1,634 |
| Retail Shares Offered | 80,09,759 (35.00%) | 1,60,195 |
| Total Shares Offered | 2,28,85,023 (100.00%) |
Yatharth Hospital IPO raises ₹205.97 crore from anchor investors. Yatharth Hospital IPO Anchor bid date is July 25, 2023. Yatharth Hospital IPO Anchor Investors list
| Bid Date | July 25, 2023 |
| Shares Offered | 68,65,506 |
| Anchor Portion Size (In Cr.) | 205.97 |
| Anchor lock-in period end date for 50% shares (30 Days) | September 1, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 31, 2023 |
Yatharth Hospital IPO opens on July 26, 2023, and closes on July 28, 2023.
| IPO Open Date | Wed, Jul 26, 2023 |
| IPO Close Date | Fri, Jul 28, 2023 |
| Tentative Allotment | Wed, Aug 2, 2023 |
| Initiation of Refunds | Thu, Aug 3, 2023 |
| Credit of Shares to Demat | Fri, Aug 4, 2023 |
| Tentative Listing Date | Mon, Aug 7, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Jul 28, 2023 |
Investors can bid for a minimum of 50 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 | 50 | ₹15,000 |
| Retail (Max) | 13 | 650 | ₹1,95,000 |
| S-HNI (Min) | 14 | 700 | ₹2,10,000 |
| S-HNI (Max) | 66 | 3,300 | ₹9,90,000 |
| B-HNI (Min) | 67 | 3,350 | ₹10,05,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2008, Yatharth Hospital and Trauma Care Services Limited is a multi-care hospital chain. Yatharth Hospital operates through its super specialty hospitals. These hospitals are situated in Delhi NCR, i.e., at Noida, Greater Noida, and Noida Extension, Uttar Pradesh. The hospital located in Noida Extension Hospital has 450 beds and is one of the largest hospitals in the area.
Yatharth Hospital and Trauma Care Services provide patients with various Amenities and facilities. All of their hospitals are accredited by the NABH. And the ones located at Greater Noida and Noida Extension are accredited by NABL. The hospitals comply with all necessary international quality standards to ensure safety and recovery of the patients.
The company acquired a 305-bedded multi-specialty hospital in Orchha, Madhya Pradesh to extend its operations and services.
A team of 370 doctors is engaged with the company. They offer healthcare services across numerous specialties and super specialties.
The super specialty or Centres of Excellence (COE) of the hospital includes:
Centre of Medicine, Centre of General Surgery, Centre of Gastroenterology, Centre of Cardiology, Centre of Nephrology & Urology, Centre of Pulmonology, Centre of Neurosciences, Centre of Paediatrics, Centre of Gynaecology, Centre of Orthopaedics and Spine & Rheumatology.
| Period Ended | 31 Mar 2019 | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 256.56 | 287.20 | 308.77 | 426.02 | 485.97 |
| Total Income | 102.07 | 146.18 | 229.19 | 402.59 | 523.10 |
| Profit After Tax | 3.98 | -2.05 | 19.59 | 44.16 | 65.77 |
| Net Worth | 55.60 | 54.29 | 72.46 | 116.89 | 182.96 |
| Reserves and Surplus | |||||
| Total Borrowing | 164.57 | 184.57 | 186.11 | 258.19 | 263.78 |
The market capitalization of Yatharth Hospital IPO is ₹2575.51 Cr.
| KPI | Values |
|---|---|
| ROE | 35.95% |
| ROCE | 26.10% |
| Debt/Equity | 1.44 |
| RoNW | 35.95% |
The Company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:
[Dilip Davda] The company has a 1405-bed capacity four hospitals chain in the northern region and is one of the leading healthcare service providers. Based on its current financial status, the issue appears fully priced but is poised for bright prospects ahead. Investors may consider parking funds for the medium to long-term rewards. Read detail review...
| Listing Date | August 7, 2023 |
| BSE Script Code | 543950 |
| NSE Symbol | YATHARTH |
| ISIN | INE0JO301016 |
| Final Issue Price | ₹300 per share |
| BSE Listing Group | B |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹300.00 |
| Open | ₹306.10 |
| Low | ₹306.10 |
| High | ₹343.10 |
| Last Trade | ₹300.00 |
Yatharth Hospital & Trauma Care Services Ltd.
JA 108
DLF Tower A
Jasola District Centre
South Delhi, New Delhi, 110025
Phone: +91 11 4996 7892
Email: cs@yatharthhospitals.com
Website: https://www.yatharthhospitals.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: yatharth.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Yatharth Hospital IPO is a main-board IPO of 2,28,85,023 equity shares of the face value of ₹10 aggregating up to ₹686.55 Crores. The issue is priced at ₹300 per share. The minimum order quantity is 50.
The IPO opens on July 26, 2023, and closes on July 28, 2023.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Yatharth Hospital IPO using UPI as a payment gateway. Zerodha customers can apply in Yatharth Hospital IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Yatharth Hospital IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Yatharth Hospital IPO opens on July 26, 2023 and closes on July 28, 2023.
Yatharth Hospital IPO lot size is 50, and the minimum amount required for application is ₹15,000.
You can apply in Yatharth Hospital 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 Yatharth Hospital IPO will be done on Wednesday, August 2, 2023, and the allotted shares will be credited to your demat account by Friday, August 4, 2023. Check the Yatharth Hospital IPO allotment status.
The Yatharth Hospital IPO listing date is on Monday, August 7, 2023.
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