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.
Dr. Azad Moopen and UIPL (Union Investments Private Limited) are the Promoters of the Company.
|Particulars||For the year/period ended (in Rs. million)|
|Profit After Tax||2,667.47||82.11||2,721.07|
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.
»» Issue Open: Feb 12, 2018 - Feb 15, 2018
»» Issue Type: Book Built Issue IPO
»» Issue Size:
› Fresh Issue of [.] Equity Shares of Rs 10 aggregating up to Rs 725.00 Cr
› Offer for Sale of 13,428,251 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 180 - Rs 190 Per Equity Share
»» Market Lot: 78 Shares
»» Minimum Order Quantity: 78 Shares
»» Listing At: BSE, NSE
|Number of Times Subscribed (BSE + NSE)|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved||10,317,229||7,737,922||18,055,151||36,110,302|
|Day 1 - Feb 12, 2018 16:40 IST||0.5000||0.1600||0.1500||0.2500|
|Day 2 - Feb 14, 2018 17:00 IST||0.5000||0.2300||0.4700||0.4300|
|Day 3 - Feb 15, 2018 17:00 IST||2.1000||0.5500||1.1800||1.3100|
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