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Aashka Hospitals Limited IPO (Aashka Hospitals IPO) Detail

Aug 10, 2021 - Aug 24, 2021

Incorporated in 2012, Aashka Hospital, the Gujarat-based hospital is an integrated healthcare service provider that offers the best quality of healthcare facilities including prevention, best treatment, and rehabilitation.It serves a range of healthcare services i.e. Cardiology, neurology, neurosurgery, nephrology, anesthesiology, orthopedics, pediatric services, neonatology services, dermatology, radiology, dentistry, obstetrics, and gynecology, and more.

It serves patients with ultra-modern medicinal practices and state-of-the-art infrastructure for medical as well as surgical care solutions. Amid COVID-19, it has set up a designated COVID-19 Treatment hospital and treated 2,000+ patients.

Competitive strengths

  • Longstanding market presence and strong brand equity.
  • A comprehensive range of well-diversified and specialty service offerings.
  • A team of best quality medical practitioners to provide quality services.
  • Certified by National Accreditation Board for Hospitals and Healthcare Providers and a part of Ayushman Bharat.

Company Promoters:

Bipinchandra Shah is the promoter of the company.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 6,508.14 6,004.73 5,405.18
Total Revenue 4,069.23 2,725.14 2,772.55
Profit After Tax 411.39 137.91 136.27

Objects of the Issue:

  • Repayment/ prepayment of company's borrowings fully or partially.
  • Funding inorganic growth initiatives.
  • General corporate purposes.

Aashka Hospitals IPO Details

IPO Opening Date Aug 10, 2021
IPO Closing Date Aug 24, 2021
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹121 per equity share
Market Lot 1000 Shares
Min Order Quantity 1000 Shares
Listing At BSE SME
Issue Size8,400,000 Eq Shares of ₹10
(aggregating up to ₹101.64 Cr)
Fresh Issue5,400,000 Eq Shares of ₹10
(aggregating up to ₹65.34 Cr)
Offer for Sale3,000,000 Eq Shares of ₹10
(aggregating up to ₹36.30 Cr)

Aashka Hospitals IPO Tentative Timetable

The Aashka Hospitals IPO open date is Aug 10, 2021, and the close date is Aug 24, 2021. The issue may list on Sep 1, 2021.

IPO Open Date Aug 10, 2021
IPO Close Date Aug 24, 2021
Basis of Allotment Date Aug 30, 2021
Initiation of Refunds Aug 31, 2021
Credit of Shares to Demat Account Aug 31, 2021
IPO Listing Date Sep 1, 2021

Aashka Hospitals IPO Lot Size

The Aashka Hospitals IPO market lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹121,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 1000 ₹121,000
Maximum 1 1000 ₹121,000

Aashka Hospitals IPO Promoter Holding

Pre Issue Share Holding 91.67%
Post Issue Share Holding 61.24%

IPO Notices

External Link

Issue Close Date Extended

Aashka Hospitals IPO closing date was earlier extended to 18 August and now, it is further extended till 24 August, 2021.

Aashka Hospitals IPO Subscription Status (Bidding Detail)

The Aashka Hospitals IPO is subscribed 1.30 times on Aug 24, 2021 06:52. The public issue subscribed 0.75 in the retail category, in the QIB category, and 2.02 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII

2.02

RII

0.75

Total

1.30

Aashka Hospitals IPO Prospectus

Aashka Hospitals IPO Rating

399
3.7
Rating:Rated 3.7 stars
Vote Here ...

Aashka Hospitals IPO Listing Date

Listing Date Wednesday, September 1, 2021
BSE Script Code 543346
NSE Symbol
Listing In MT Group of Securities
ISIN INE0EAX01014
IPO Price ₹121 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹121.00
₹121.10
₹115.05
₹121.10
₹115.05

Company Contact Information

Aashka Hospitals Limited
Between Sargasan & Reliance Cross Road, Sargasan,
Gandhinagar - 382421

Phone: +91-7575009000
Email: cs@aashkahospitals.in
Website: http://www.aashkahospitals.in/

Aashka Hospitals IPO Registrar

Accurate Securities & Registry Private Limited

Phone: +91-79-48000319
Email: investor@accuratesecurities.com
Website: https://www.accuratesecurities.com/

Aashka Hospitals IPO Reviews / Ratings

Aashka Hospitals IPO FAQs

Aashka Hospitals IPO is a SME IPO of 8,400,000 equity shares of the face value of ₹10 aggregating up to ₹101.64 Crores. The issue is priced at ₹121 per equity share. The minimum order quantity is 1000 Shares.

The IPO opens on Aug 10, 2021, and closes on Aug 24, 2021.

Accurate Securities & Registry Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Aashka Hospitals IPO using UPI as a payment gateway. Zerodha customers can apply in Aashka Hospitals IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Aashka Hospitals IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Aashka Hospitals IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Aashka Hospitals IPO opens on Aug 10, 2021 and closes on Aug 24, 2021.

Aashka Hospitals IPO lot size is 1000 Shares and the minimum order quantity is 1000 Shares.

You can apply in Aashka Hospitals IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Aashka Hospitals IPO will be done on Aug 30, 2021, and the allotted shares will be credited to your demat account by Aug 31, 2021. Check the Aashka Hospitals IPO allotment status.

The Aashka Hospitals IPO listing date is on Wednesday, September 1, 2021.

Aashka Hospitals IPO Message Board

Ranked Members  Ranked Members

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