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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 ₹10
(aggregating up to ₹980.14 Cr)
Fresh Issue[.] Eq Shares of ₹10
(aggregating up to ₹725.00 Cr)
Offer for Sale13,428,251 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)
Face Value₹10 Per Equity Share
Issue Price₹180 to ₹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 AcctFeb 23, 2018
IPO Shares Listing DateFeb 26, 2018

Aster DM Healthcare IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum178₹14,820
Maximum131014₹192,660

Aster DM Healthcare IPO Subscription Status (Bidding Detail)

Aster DM Healthcare IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Total

Shares Offered

10,317,229

7,737,922

18,055,151

36,110,302

Feb 15, 2018 17:00

2.10x

0.55x

1.18x

1.31x

Aster DM Healthcare IPO Prospectus

Aster DM Healthcare IPO Rating

898
3.8
Rating:Rated 3.8 stars

Vote Here ...

Aster DM Healthcare IPO Listing Date

Listing DateMonday, February 26, 2018
BSE Script Code540975
NSE SymbolASTERDM
Listing InB
ISININE914M01019
Issue Price₹190 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

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

Aster DM Healthcare IPO Reviews / Ratings

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
Email: investors@ aster dmhealthcare.com
Website: http://www.asterdmhealthcare.com

Aster DM Healthcare IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: adhl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Aster DM Healthcare IPO FAQs

  1. 1. What is Aster DM Healthcare IPO?

    Aster DM Healthcare IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹980.14 Crores.

    The issue price of the IPO is ₹180 to ₹190 Per Equity Share. The minimum order quantity is 78 Shares per application and the offer type is Book Built Issue.

    The IPO opens on Feb 12, 2018 and closes on Feb 15, 2018.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. 2. When Aster DM Healthcare IPO will open?

    The Aster DM Healthcare IPO opens on Feb 12, 2018 and closes on Feb 15, 2018.

  3. 3. How to apply for Aster DM Healthcare IPO?

    Aster DM Healthcare IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Aster DM Healthcare IPO allotment?

    The finalization of Basis of Allotment for Aster DM Healthcare IPO will be done on Feb 22, 2018, and the allotted shares will be credited to your demat account by Feb 23, 2018. Check the Aster DM Healthcare IPO allotment status.

  5. 5. When is Aster DM Healthcare IPO listing date?

    The Aster DM Healthcare IPO listing date is on Monday, February 26, 2018, at BSE, NSE.
  6. 6. What is the lot size of Aster DM Healthcare IPO?

    Aster DM Healthcare IPO lot size is 78 Shares and the minimum order quantity is 78 Shares.

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Aster DM Healthcare IPO Review / Comments

PT RAJ
336. PT RAJ  Apr 4, 2018 02:01
Got the message as let it to be sell all the shares to protect a huge loss .
PT RAJ
335. PT RAJ  Apr 3, 2018 09:37
Would it be go up or regular go down as usual ?.
Vadher meera
334. Vadher meera  Mar 13, 2018 23:27
Aster hold or sell
PT RAJ
334.2. PT RAJ  Mar 22, 2018 09:40
What to do ??
rvr
334.3. rvr  Mar 24, 2018 11:10
IPO Mentor IPO Mentor (600+ Posts, 600+ 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
Cool Sunshine
333. Cool Sunshine  Mar 12, 2018 12:07
It has broken support level of 150. There is more downside left in the stock.

Do not buy at this stage.
Navkant
333.1. Navkant  Mar 13, 2018 03:13
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Any idea why?
Cool Sunshine
333.2. Cool Sunshine  Mar 13, 2018 14:02
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.
P M
332. P M  Mar 13, 2018 10:35
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Today again makes new All time low - 140.05 (26.28% below issue price)
P M
331. P M  Mar 13, 2018 08:24
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Makes new All time low on - 144.00 (24.21% below Issue price)
Roshan Harshwal
330. Roshan Harshwal  Mar 12, 2018 10:48
Anyone knows how much lower it will go?
bear on last gear
330.1. bear on last gear  Mar 12, 2018 12:03
it will go below 125
Cool Sunshine
329. Cool Sunshine  Mar 9, 2018 13:03
Today new life time low @156.95.

Approaching 150-55 range where punters (speculators) may step in.
NAND KISHORE PARWAL
329.1. NAND KISHORE PARWAL  Mar 12, 2018 11:32
Low 147.50
shivika
328. shivika  Mar 11, 2018 12:52
@Umang
Your advice for asterdm...may of us are holding it
raman JR
327. raman JR  Mar 6, 2018 10:57
how i can book this ipo i have applied through icici bank with zerodha demate account
PT RAJ
326. PT RAJ  Feb 27, 2018 08:39
What to do now, hold or sell , if i sell on 180 then its a huge loss , Experts pls guide ??
Cool Sunshine
326.5. Cool Sunshine  Mar 5, 2018 23:14
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
PT RAJ
326.6. PT RAJ  Mar 6, 2018 08:36
Experts pls guide, it comes on 169 rs and i have 780 shares .
Cool Sunshine
325. Cool Sunshine  Feb 26, 2018 11:18
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.
Cool Sunshine
325.1. Cool Sunshine  Mar 5, 2018 23:12
Today is all time low @168
Samim Ahammad
324. Samim Ahammad  Mar 5, 2018 21:00
190 rupiya 2 sal ke bad aayega.
shivika
323. shivika  Mar 5, 2018 09:34
Aster is making us impatient now....are there any chances of it going up this week...or its better to book loss
P M
322. P M  Feb 28, 2018 11:13
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Today makes New all time low
NSE - 170.10
BSE - 169.95
DownriteVJ
322.1. DownriteVJ  Mar 1, 2018 11:58
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
What will be the good price to enter?
guptahitz
321. guptahitz  Feb 27, 2018 10:52
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
PT RAJ
321.1. PT RAJ  Feb 28, 2018 00:28
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 .

Chem cho
320. Chem cho  Feb 26, 2018 09:51
IPO Guru IPO Guru (1800+ Posts, 1700+ 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
Chem cho
320.4. Chem cho  Feb 26, 2018 12:48
IPO Guru IPO Guru (1800+ Posts, 1700+ Likes)
HOLDING AT RS 182 LISTING RATE AT 12.46

TEST 2ND LOW OF 177.9 AGAINST LOW OF RS 176.45
Chem cho
320.5. Chem cho  Feb 26, 2018 18:06
IPO Guru IPO Guru (1800+ Posts, 1700+ 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
Manofsteel
319. Manofsteel  Feb 26, 2018 16:55
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
No Surprise, Listing As Expected.
abhishekmumbai
318. abhishekmumbai  Feb 26, 2018 15:02
ok
CHD
317. CHD  Feb 26, 2018 13:32
IPO Guru IPO Guru (1000+ Posts, 400+ Likes)
May see the issue price by close ....hold ...!



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