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

IPO Opening Date	Feb 12, 2018
IPO Closing Date	Feb 15, 2018
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹180 to ₹190 per equity share
Market Lot	78 Shares
Min Order Quantity	78 Shares
Listing At	BSE, NSE
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 Sale	13,428,251 Eq Shares of ₹10 (aggregating up to ₹[.] Cr)

Aster DM Healthcare IPO Tentative Timetable

The Aster DM Healthcare IPO open date is Feb 12, 2018, and the close date is Feb 15, 2018. The issue may list on Feb 26, 2018.

IPO Open Date	Feb 12, 2018
IPO Close Date	Feb 15, 2018
Basis of Allotment Date	Feb 22, 2018
Initiation of Refunds	Feb 22, 2018
Credit of Shares to Demat Account	Feb 23, 2018
IPO Listing Date	Feb 26, 2018

Aster DM Healthcare IPO Lot Size

The Aster DM Healthcare IPO market lot size is 78 shares. A retail-individual investor can apply for up to 13 lots (1014 shares or ₹192,660).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	78	₹14,820
Maximum	13	1014	₹192,660

Aster DM Healthcare IPO Subscription Status (Bidding Detail)

The Aster DM Healthcare IPO is subscribed 1.31x times on Feb 15, 2018 17:00. The public issue subscribed 1.18x in the retail category, 2.10x in the QIB category, and 0.55x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
QIB	2.10x
NII	0.55x
RII	1.18x
Total	1.31x

Aster DM Healthcare IPO Prospectus

› Aster DM Healthcare IPO DRHP
› Aster DM Healthcare IPO RHP

Aster DM Healthcare IPO Rating

898

3.8

Rating:

Vote Here ...

Aster DM Healthcare IPO Listing Date

Listing Date	Monday, February 26, 2018
BSE Script Code	540975
NSE Symbol	ASTERDM
Listing In	B Group of Securities
ISIN	INE914M01019
IPO Price	₹190 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO 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

Dilip Davda - Subscribe for Long Term
Hem Securities - Avoid
SMC Global - Subscribe
SPA Financial Advisor Ltd - Subscribe
SSJ Finance - Avoid

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 Lead Manager(s)

Lead Manager Reports

Aster DM Healthcare IPO FAQs

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 is priced at ₹180 to ₹190 per equity share. The minimum order quantity is 78 Shares.

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.
When Aster DM Healthcare IPO will open?

The Aster DM Healthcare IPO opens on Feb 12, 2018 and closes on Feb 15, 2018.
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.
How to apply for Aster DM Healthcare IPO?

You can apply in Aster DM Healthcare 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.
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.
When is Aster DM Healthcare IPO listing date?

The Aster DM Healthcare IPO listing date is on Monday, February 26, 2018.

Aster DM Healthcare IPO Message Board

Ranked Members

336. PT RAJ |Apr 4, 2018 01:01

Got the message as let it to be sell all the shares to protect a huge loss .

335. PT RAJ |Apr 3, 2018 08:37

Would it be go up or regular go down as usual ?.

334. Vadher meera |Mar 13, 2018 22:27

Aster hold or sell

Load more comments (1 replies)

334.2. PT RAJ |Mar 22, 2018 08:40

What to do ??

334.3. rvr |Mar 24, 2018 10:10

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

333. Cool Sunshine |Mar 12, 2018 11:07

It has broken support level of 150. There is more downside left in the stock.

Do not buy at this stage.

333.1. Navkant |Mar 13, 2018 02:13

Top Contributor (300+ Posts, 300+ Likes)

Any idea why?

333.2. Cool Sunshine |Mar 13, 2018 13:02

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.

332. P M |Mar 13, 2018 09:35

IPO Guru (1100+ Posts, 1100+ Likes)

Today again makes new All time low - 140.05 (26.28% below issue price)

331. P M |Mar 13, 2018 07:24

IPO Guru (1100+ Posts, 1100+ Likes)

Makes new All time low on - 144.00 (24.21% below Issue price)

330. Roshan Harshwal |Mar 12, 2018 09:48

Anyone knows how much lower it will go?

330.1. bear on last gear |Mar 12, 2018 11:03

it will go below 125

329. Cool Sunshine |Mar 9, 2018 12:03

Today new life time low @156.95.

Approaching 150-55 range where punters (speculators) may step in.

329.1. NAND KISHORE PARWAL |Mar 12, 2018 10:32

Top Contributor (200+ Posts, 100+ Likes)

Low 147.50

328. shivika |Mar 11, 2018 11:52

@Umang
Your advice for asterdm...may of us are holding it

327. raman JR |Mar 6, 2018 09:57

how i can book this ipo i have applied through icici bank with zerodha demate account

326. PT RAJ |Feb 27, 2018 07:39

What to do now, hold or sell , if i sell on 180 then its a huge loss , Experts pls guide ??

Load more comments (4 replies)

326.5. Cool Sunshine |Mar 5, 2018 22:14

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

326.6. PT RAJ |Mar 6, 2018 07:36

Experts pls guide, it comes on 169 rs and i have 780 shares .

325. Cool Sunshine |Feb 26, 2018 10:18

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.

325.1. Cool Sunshine |Mar 5, 2018 22:12

Today is all time low @168

324. Samim Ahammad |Mar 5, 2018 20:00

190 rupiya 2 sal ke bad aayega.

323. shivika |Mar 5, 2018 08:34

Aster is making us impatient now....are there any chances of it going up this week...or its better to book loss

322. P M |Feb 28, 2018 10:13

IPO Guru (1100+ Posts, 1100+ Likes)

Today makes New all time low
NSE - 170.10
BSE - 169.95

322.1. DownriteVJ |Mar 1, 2018 10:58

IPO Guru (1200+ Posts, 1100+ Likes)

What will be the good price to enter?

321. guptahitz |Feb 27, 2018 09:52

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

321.1. PT RAJ |Feb 27, 2018 23:28

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 .

320. Chem cho |Feb 26, 2018 08:51

IPO Guru (2100+ Posts, 2100+ 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

Load more comments (3 replies)

320.4. Chem cho |Feb 26, 2018 11:48

IPO Guru (2100+ Posts, 2100+ Likes)

HOLDING AT RS 182 LISTING RATE AT 12.46

TEST 2ND LOW OF 177.9 AGAINST LOW OF RS 176.45

320.5. Chem cho |Feb 26, 2018 17:06

IPO Guru (2100+ Posts, 2100+ 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

319. Manofsteel |Feb 26, 2018 15:55

Top Contributor (200+ Posts, 200+ Likes)

No Surprise, Listing As Expected.

318. abhishekmumbai |Feb 26, 2018 14:02

317. CHD |Feb 26, 2018 12:32

IPO Guru (1100+ Posts, 400+ Likes)

May see the issue price by close ....hold ...!

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