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Aster DM Healthcare Ltd IPO (Aster DM Healthcare IPO) Detail

Feb 12, 2018 - Feb 15, 2018

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.

Company Promoters:

Dr. Azad Moopen and UIPL (Union Investments Private Limited) are the Promoters of the Company.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (in Rs. million)
31-Mar-17 31-Mar-16 31-Mar-15 (Proforma)
Total Assets 68,072.77 57,557.82 44,120.27
Total Revenue 59,679.02 52,751.63 38,990.49
Profit After Tax 2,667.47 82.11 2,721.07

Objects of the Issue:

The Offer comprises the Fresh Issue and the Offer for Sale.

Company will not receive any proceeds from the Offer for Sale.

Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

1. Repayment and/or pre-payment of debt;
2. Purchase of medical equipment; and
3. General corporate purposes.

Aster DM Healthcare IPO Details
Issue OpenFeb 12, 2018 - Feb 15, 2018
Issue TypeBook Built Issue IPO
Issue Size[.] Eq Shares of Rs 10
(aggregating up to Rs 980.14 Cr)
Fresh Issue[.] Eq Shares of Rs 10
(aggregating up to Rs 725.00 Cr)
Offer for Sale13,428,251 Eq Shares of Rs 10
(aggregating up to Rs [.] Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 180 - Rs 190 Per Equity Share
Market Lot78 Shares
Min Order Quantity78 Shares
Listing AtBSE, NSE
Aster DM Healthcare IPO Tentative Date / Timetable
Bid/Offer Opens OnFeb 12, 2018
Bid/Offer Closes OnFeb 15, 2018
Finalisation of Basis of AllotmentFeb 22, 2018
Initiation of RefundsFeb 22, 2018
Credit of Shares to Demat Acct:Feb 23, 2018
IPO Shares Listing Date:Feb 26, 2018

Aster DM Healthcare IPO Prospectus

Aster DM Healthcare IPO Rating

898
3.8
Rating:Rated 3.8 stars

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Aster DM Healthcare IPO Listing Date

  •   ›  Listing Date: Monday, February 26, 2018
  •   ›  BSE Script Code: 540975
  •   ›  NSE Symbol: ASTERDM
  •   ›  Listing In: B
  •   ›  ISIN: INE914M01019
  •   ›  Issue Price: Rs 190 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
BSE
Rs 190.00
Rs 182.10
Rs 176.45
Rs 187.80
Rs 179.85
1,826,090
NSE
Rs 190.00
Rs 183.00
Rs 176.30
Rs 188.00
Rs 181.55
10,499,965

Aster DM Healthcare IPO Reviews / Ratings

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Company Contact Information

Aster DM Healthcare Ltd
IX/475L, Aster Medcity, Kuttisahib Road,
near Kothad Bridge, South Chittoor P.O.,
Cheranalloor , Kochi - 682 027, Ernakulam
Phone: + 91 484 6699 228
Fax: + 91 484 6699 862
Email: investors@ aster dmhealthcare.com
Website: http://www.asterdmhealthcare.com

Aster DM Healthcare IPO Registrar

Link Intime India Private Ltd   »  Report
   Link Intime India Private Ltd,
   C-13 Pannalal Silk Mills Compound,
   LBS Marg, Bhandup West, Mumbai 400078

Phone: +91-22-25963838
Fax: +91-22-25946969
Email: adhl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

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Aster DM Healthcare IPO Review / Comments

avatar
336. PT RAJ  Apr 4, 2018 01:01 I Like It. | Report Abuse
Got the message as let it to be sell all the shares to protect a huge loss .
avatar
335. PT RAJ  Apr 3, 2018 08:37 I Like It. | Report Abuse
Would it be go up or regular go down as usual ?.
avatar
334. Vadher meera  Mar 13, 2018 22:27 I Like It. | Report Abuse
Aster hold or sell
avatar
334.2. PT RAJ  Mar 22, 2018 08:40 I Like It. | Report Abuse
What to do ??
avatar
334.3. rvr  Mar 24, 2018 10:10 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
always watch any stock coming from top holds 136 to 145 level....if it holds it will go 50 points...if it breaks and it will go 100...add in 136 to 145 level
avatar
333. Cool Sunshine  Mar 12, 2018 11:07 I Like It. 5 | Report Abuse
It has broken support level of 150. There is more downside left in the stock.

Do not buy at this stage.
avatar
333.1. Navkant  Mar 13, 2018 02:13 I Like It. 1 | Report Abuse
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Any idea why?
avatar
333.2. Cool Sunshine  Mar 13, 2018 13:02 I Like It. 6 | Report Abuse
You may read earlier messages in the forum to get an idea about why the stock did not get listing gains.

Money goes where returns are. Currently there are so many other better opportunities in the market that this untested counter is finding it extremely difficult to find new buying. With no new buying coming in...the only direction this stock has followed is ...DOWN.
avatar
332. P M  Mar 13, 2018 09:35 I Like It. | Report Abuse
IPO Guru IPO Guru (1000+ Posts, 1000+ Likes)
Today again makes new All time low - 140.05 (26.28% below issue price)
avatar
331. P M  Mar 13, 2018 07:24 I Like It. | Report Abuse
IPO Guru IPO Guru (1000+ Posts, 1000+ Likes)
Makes new All time low on - 144.00 (24.21% below Issue price)
avatar
330. Roshan Harshwal  Mar 12, 2018 09:48 I Like It. | Report Abuse
Anyone knows how much lower it will go?
avatar
330.1. bear on last gear  Mar 12, 2018 11:03 I Like It. | Report Abuse
it will go below 125
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329. Cool Sunshine  Mar 9, 2018 12:03 I Like It. 2 | Report Abuse
Today new life time low @156.95.

Approaching 150-55 range where punters (speculators) may step in.
avatar
329.1. NAND KISHORE PARWAL  Mar 12, 2018 10:32 I Like It. | Report Abuse
Low 147.50
avatar
328. shivika  Mar 11, 2018 11:52 I Like It. | Report Abuse
@Umang
Your advice for asterdm...may of us are holding it
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327. raman JR  Mar 6, 2018 09:57 I Like It. | Report Abuse
how i can book this ipo i have applied through icici bank with zerodha demate account
avatar
326. PT RAJ  Feb 27, 2018 07:39 I Like It. | Report Abuse
What to do now, hold or sell , if i sell on 180 then its a huge loss , Experts pls guide ??
avatar
326.5. Cool Sunshine  Mar 5, 2018 22:14 I Like It. 9 | Report Abuse
A new low today @ 168. Still no one knows how much lower it will go............

May see some serious buying emerging close to the range 150-155
avatar
326.6. PT RAJ  Mar 6, 2018 07:36 I Like It. | Report Abuse
Experts pls guide, it comes on 169 rs and i have 780 shares .
avatar
325. Cool Sunshine  Feb 26, 2018 10:18 I Like It. 8 | Report Abuse
Moral of the story........

- Forward looking, thinking , statements, marketing, promotion alone cannot jack-up the IPO listing price.
- Analysis is good and valuation calculation has value......but IPO listing doesn''t depend ONLY on the analysis and valuation otherwise all analyst would have been billionaires.
- Promises of 40-50% listing gain are only means for trapping un-suspecting small buyers and generate some initial demand.
- Generally, known devil is better than unknown angel unless unknown angel is guaranteed to be an angel at reasonable cost. Whenever in doubt ....... known devil is more trustworthy.
- IPO is not a guaranteed listing gain instrument.
avatar
325.1. Cool Sunshine  Mar 5, 2018 22:12 I Like It. 8 | Report Abuse
Today is all time low @168
avatar
324. Samim Ahammad  Mar 5, 2018 20:00 I Like It. | Report Abuse
190 rupiya 2 sal ke bad aayega.
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323. shivika  Mar 5, 2018 08:34 I Like It. | Report Abuse
Aster is making us impatient now....are there any chances of it going up this week...or its better to book loss
avatar
322. P M  Feb 28, 2018 10:13 I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1000+ Posts, 1000+ Likes)
Today makes New all time low
NSE - 170.10
BSE - 169.95
avatar
322.1. DownriteVJ  Mar 1, 2018 10:58 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
What will be the good price to enter?
avatar
321. guptahitz  Feb 27, 2018 09:52 I Like It. 2 | Report Abuse
If you have not sold the stock yet, must sell it now. IMO, the correct price of the share is 150-160 and this will see the same level in few days. So, if you are interested in long term hold, sell at current level and accumulate once it goes below 165
avatar
321.1. PT RAJ  Feb 27, 2018 23:28 I Like It. | Report Abuse
I am waiting for the time, wherein price come back around 190 rs n i would be come on no profit no loss. Would it be possible after wait of 1 2 days or what do u say .

avatar
320. Chem cho  Feb 26, 2018 08:51 I Like It. 4 | Report Abuse
IPO Guru IPO Guru (1700+ Posts, 1400+ Likes)
IPO PRICE RS 190

MAY LIST AT RS 182

SELLERS MORE THAN BUYERS AT 9.50

LIKEKLY TO GO DOWN AFTER LISTING
THIS IS FOR INTRA DAY TRADERS
avatar
320.4. Chem cho  Feb 26, 2018 11:48 I Like It. | Report Abuse
IPO Guru IPO Guru (1700+ Posts, 1400+ Likes)
HOLDING AT RS 182 LISTING RATE AT 12.46

TEST 2ND LOW OF 177.9 AGAINST LOW OF RS 176.45
avatar
320.5. Chem cho  Feb 26, 2018 17:06 I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1700+ Posts, 1400+ Likes)
NO Much movement in the scrip , it was steady in range of 179 to 182

most ipo investors are holding the stock ,

if it croses rs 190 then rs 195 , or if it tangs below rs 178 then Rs 172 will be tested

not getting any clear picture of the scrip in the graph movement
avatar
319. Manofsteel  Feb 26, 2018 15:55 I Like It. 1 | Report Abuse
No Surprise, Listing As Expected.
avatar
318. abhishekmumbai  Feb 26, 2018 14:02 I Like It. | Report Abuse
ok
avatar
317. CHD  Feb 26, 2018 12:32 I Like It. | Report Abuse
IPO Guru IPO Guru (1000+ Posts, 300+ Likes)
May see the issue price by close ....hold ...!
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