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Health Vista IPO

Healthvista India IPO

  • Status: Upcoming
  • - / - shares

    Minimum Investment

IPO Details

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  • Close Date

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  • IPO Price Range

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  • IPO Size

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  • Listing Date

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Last Updated: 07 February 2024 4:01 PM by 5Paisa

Healthvista India Limited IPO is likely to open in 2024. The company is an out-of-hospital healthcare provider in India. The IPO includes a fresh issue worth ₹300.00 cr. and an Offer-for-Sale (OFS) of 56,252,654 shares. The share allotment date and listing date are yet to be announced. The price band and the lot size are yet to be declared.    

SBI Capital Markets Limited, IIFL Securities Limited, and JM Financial Limited are the book-running lead managers for this IPO, while Link Intime India Private Limited is the registrar. 

Objectives of Healthvista IPO:

●    Funding the working capital requirements of Material Subsidiary, Medybiz Pharma Private Limited 
●    Re-pay or prepay debt availed by the Company 
●    Purchase of medical equipment 
●    Marketing and brand-building activities 
●    Inorganic growth initiatives 
●    General corporate purposes
 

Healthvista India Limited is an out-of-hospital healthcare provider in India. The company offers a wide range of services including primary care, geriatric (elderly) and palliative (end-of-life) care, intensive care unit (ICU) care, post-operative and post-hospitalization care, chronic care, mother and baby care and cancer care, all at home. 

It also distributes specialty pharmaceuticals and provides “point of care” medical equipment for sale and rental. As of March 2022, Healthvista had 40 offices spread across the country. 

Peer Comparison
No listed peers.
 

Strengths

1.    The company is an out-of-hospital healthcare brand with the largest geographical footprint and established strategic relationships in the Indian healthcare ecosystem.
2.    The company offers comprehensive offerings for patients.
3.    It has In-depth medical expertise and comprehensive clinical protocols to deliver quality healthcare. 
4.    A sophisticated technology stack and digital portfolio are a big plus.
5.    It has stable financial performance with improved margins.
6.    Experienced Promoters and Senior Management.
 

Risks

1.    The business is subject to various operational, reputational, medical and legal risks.
2.    It is highly dependent on caregivers, nurses and other healthcare professionals.
3.    The company faces competition from hospitals and other healthcare service providers. 
4.    Lack of health insurance in India may adversely affect the business. 
5.    The company and its subsidiaries have incurred net loss in the past.
 

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FAQs

To apply for Healthvista IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for the Healthvista India IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    
You will receive a mandate notification to block funds in your UPI app.

SBI Capital Markets Limited, IIFL Securities Limited, and JM Financial Limited are the book-running lead managers for Healthvista IPO.

Healthvista India Limited plans to utilize the raised capital from the IPO to:

1.    Funding the working capital requirements of Material Subsidiary, Medybiz Pharma Private Limited 
2.    Re-pay or prepay debt availed by the Company 
3.    Purchase of medical equipment 
4.    Marketing and brand-building activities 
5.    Inorganic growth initiatives 
6.    General corporate purposes