Yatharth Hospital and Trauma Care Services Limited IPO Detail
Incorporated in 2008, Yatharth Hospital and Trauma Care Services Limited is a multi-care hospital chain. They rank among the top 10 largest private hospitals in the National Capital Region of Delhi.
Yatharth Hospital presently operates three super specialty hospitals situated in Delhi NCR, i.e., at Noida, Greater Noida, and Noida Extension, Uttar Pradesh. Further, Noida Extension Hospital has 450 beds and is one of the largest hospitals around the area.
To extend its operations and services, the company acquired a 305-bedded multi-specialty hospital in Orchha, Madhya Pradesh. This too is among the largest hospital in the locality.
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.
Company Promoters
IPO Details
| IPO Opening Date | Jul 26, 2023 |
| IPO Closing Date | Jul 28, 2023 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹285 - 300 per equity share |
| Market Lot | 50 Shares |
| Min Order Quantity | 50 Shares |
| Listing At | BSE, NSE |
| Issue Size | |
| Fresh Issue | ₹490.00 Cr |
| Offer for Sale | ₹490.00 Cr |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0.00x | - | - | 0.00x | 0.00x | 0.00x |
| Day 2 | 0.00x | - | - | 0.18x | 0.32x | 0.20x |
| Day 3 | 0.26x | - | - | 1.84x | 1.30x | 1.12x |
| Day 4 | 0.29x | - | - | 6.08x | 3.51x | 3.14x |
| Day 5 | 86.37x | - | - | 38.62x | 8.65x | 37.28x |
IPO Tentative Timetable
The Yatharth Hospital and Trauma Care Services Limited IPO open date is Jul 26, 2023, and the close date is Jul 28, 2023. The issue may list on Aug 07, 2023.
| IPO Open Date | Jul 26, 2023 |
| IPO Close Date | Jul 28, 2023 |
| Basis of Allotment Date | Aug 02, 2023 |
| Initiation of Refunds | Aug 03, 2023 |
| Credit of Shares to Demat Account | Aug 04, 2023 |
| IPO Listing Date | Aug 07, 2023 |
IPO Lot Size
The Yatharth Hospital and Trauma Care Services Limited IPO market lot size is 50 shares. A retail-individual investor can apply for up to 13 lots (650 shares or ₹195000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 50 | ₹15000 |
| Maximum | 13 | 650 | ₹195000 |
Company Financials:
For the year/period ended (₹ in Cr.)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 308.77 | 229.19 | 19.59 |
| 31-Mar-22 | 426.02 | 402.59 | 44.16 |
| 31-Mar-23 | 485.97 | 523.10 | 65.77 |
Objects of the Issue:
The Company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:
- Repayment/ prepayment, in full or part, of certain borrowings availed by the Company.
- Repayment/ prepayment, in full or part, of certain borrowings availed by the Subsidiaries, namely, AKS Medical & Research Centre Private Limited and Ramraja Multispeciality Hospital & Trauma Centre Private Limited.
- Funding capital expenditure expenses of the Company for two hospitals, namely, Noida Hospital and Greater Noida Hospital.
- Funding capital expenditure expenses of the Subsidiaries, AKS and Ramraja, for respective hospitals operated by them.
- Funding inorganic growth initiatives through acquisitions and other strategic initiatives.
- General corporate purpose
Yatharth Hospital and Trauma Care Services Limited IPO Registrar:
Link Intime India Private Ltd
Yatharth Hospital and Trauma Care Services Limited IPO Lead Manager(s):
Intensive Fiscal Services Private Limited Ambit Private Limited Iifl Securities Ltd
Company Contact Information:
Yatharth Hospital and Trauma Care Services Limited
JA 108 DLF Tower A
Jasola District Centre
South Delhi, Delhi - 110 025
