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) | |||||
|---|---|---|---|---|---|---|
| 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 | |||
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 | [.] 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) |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹180 to ₹190 Per Equity Share |
| Market Lot | 78 Shares |
| Min Order Quantity | 78 Shares |
| Listing At | BSE, NSE |
| Bid/Offer Opens On | Feb 12, 2018 |
| Bid/Offer Closes On | Feb 15, 2018 |
| Finalisation of Basis of Allotment | Feb 22, 2018 |
| Initiation of Refunds | Feb 22, 2018 |
| Credit of Shares to Demat Acct | Feb 23, 2018 |
| IPO Shares Listing Date | Feb 26, 2018 |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 78 | ₹14,820 |
| Maximum | 13 | 1014 | ₹192,660 |
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 |
| Listing Date | Monday, February 26, 2018 |
| BSE Script Code | 540975 |
| NSE Symbol | ASTERDM |
| Listing In | B |
| ISIN | INE914M01019 |
| Issue Price | ₹190 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
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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
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 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.
The Aster DM Healthcare IPO opens on Feb 12, 2018 and closes on Feb 15, 2018.
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.
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.
Aster DM Healthcare IPO lot size is 78 Shares and the minimum order quantity is 78 Shares.
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