Listing Details
- Listing Exchange NSE SME
- Listing Date 30-Jun-23
- IPO Price Range ₹ 60
- Listing Price ₹ 56
- Listing Change -6.7%
- Last Traded Price ₹ 45.75
- Current Change -23.8%
Aatmaj Healthcare IPO Details
- Open Date 19-Jun-23
- Close Date 21-Jun-23
- Lot Size 2000
- IPO Size ₹ 38.40 Cr
- IPO Price Range ₹ 60
- Min Investment ₹ 120000
- Listing Exchange NSE SME
- Basis of Allotment 26-Jun-23
- Refunds 27-Jun-23
- Credit to Demat Account 29-Jun-23
- Listing Date 30-Jun-23
Aatmaj Healthcare IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 19 June'23 | - | 0.10 | 0.71 | 0.35 |
| 20 June'23 | - | 1.24 | 5.30 | 3.28 |
| 21 June'23 | - | 36.78 | 30.17 | 33.55 |
Aatmaj Healthcare IPO Synopsis
Aatmaj Healthcare Limited runs multi-specialty hospitals, under the name Jupiter Hospitals its IPO opens on 19th June and closes on 21st June.
The issue consists of a fresh issue of 6,400,000 shares (aggregating up to ₹38.40 Cr). The price band for the issue is fixed at Rs. 60 per share. The lot size is set for 2000 shares per lot. The shares will be allotted on 26th June and the issue will be listed on the 30th June on the stock exchanges.
The book-running lead manager to the offer is Nirbhay Capital Services Private Limited
Objectives of Aatmaj Healthcare IPO
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
1. Repayment/Prepayment in full or part of the existing secured debt of the company,
2. Working Capital Requirements,
3. Purchase of medical equipment for hospitals of the company and/or newly acquired or set-up hospitals,
4. Acquisitions and other strategic initiatives,
5. General Corporate Expenses and Issue expenses.
About Aatmaj Healthcare
Aatmaj Healthcare Limited runs multi-specialty hospitals, under the name Jupiter Hospitals, offering medical care at affordable rates.
The company provides inpatient and outpatient healthcare services through its hospitals in Vadodara, Gujarat with an aggregate bed capacity of 130 beds extendable up to 175 beds. As on December 31, 2022, they have conducted an aggregate healthcare treatment, including surgeries, of over 17,000 patients, consisting of more than 4,000 patients and more than 13,000 OPD patients including Covid-19 Patients.
Peer Comparison
● Krishna Institute of Medical Sciences Ltd.
● Kovai Medical Center and Hospital Ltd.
● KMC Speciality Hospitals (India) Limited
For More Information:
Aatmaj Healthcare Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY22 | FY21 | FY20 |
|---|---|---|---|
| Revenue | 2,180.88 | 1,725.89 | 435.69 |
| EBITDA | 77.01 | 86.02 | 91.05 |
| PAT | 492.07 | 412.19 | (27.03) |
| Particulars (in Rs. Crores) | FY22 | FY21 | FY20 |
|---|---|---|---|
| Total Assets | 1,719.62 | 979.97 | 932.82 |
| Share Capital | 135 | 135 | 135 |
| Total Borrowings | 908.71 | 661.12 | 1026.16 |
| Particulars (in Rs. Crores) | FY22 | FY21 | FY20 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 224.84 | 611.04 | (53.64) |
| Net cash from / (used in) investing activities | (321.64) | (70.94) | (18.35) |
| Net cash flow from / (used in) financing activities | 59.99 | (487.17) | 66.73 |
| Net increase (decrease) in cash and cash equivalents | (36.80) | 52.94 | (5.25) |
Peer Comparison
There are no listed companies in India that engage in a business similar to that of this company
Aatmaj Healthcare IPO Key Points
-
Strengths
1. Quality standards
2. Experienced and professional management team
3. Well-diversified and specialty service offerings
4. Ability to attract, train and retain quality doctors, consultants and medical support staff
-
Risks
1. The company is highly dependent on its doctors, nurses, and other healthcare professionals, as well as other key personnel and the loss of, or inability to attract or retain, such persons could adversely affect the business and results of operations.
2. The company may generate revenue from the arrangements with government-sponsored health schemes, any adverse change in these regulations/government policies related to such schemes may adversely affect the business, results of operations, cash flows, and prospects.
3. The medical professional staff consists of both employees as well as doctors on a consultancy basis. If such medical staff discontinue their association with the company or are unable to provide their services at their hospitals for any reason or if the company is unable to attract or retain such consultants/full time doctors, and other healthcare professionals, the business, results of operations and cash flows may be materially and adversely affected.
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
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 -
Approve the mandate request on your UPI and funds
will be blocked
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Please keep below documents handy:
- PAN Card
- Aadhar Card
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Aatmaj Healthcare IPO FAQs
What is the minimum lot size for Aatmaj Healthcare IPO?
The minimum lot size for Aatmaj Healthcare IPO is 2000 shares.
What is the price band of the Aatmaj Healthcare IPO?
The price band of the Aatmaj Healthcare IPO is Rs.60 per share.
When does the Aatmaj Healthcare IPO opens and closes?
The Aatmaj Healthcare IPO opens on June 19, 2023 and closes on June 21, 2023.
What is the size of the Aatmaj Healthcare IPO?
The Aatmaj Healthcare IPO comprises of a total issue 6,400,000 shares (aggregating up to ₹38.40 Cr)
What is the allotment date of Aatmaj Healthcare IPO?
The allotment date of Aatmaj Healthcare IPO is 26th June 2023
What is the Aatmaj Healthcare IPO listing date?
The listing date of Aatmaj Healthcare IPO is 30th June 2023
Who are the book runners for Aatmaj Healthcare IPO?
Nirbhay Capital Services Private Limited is the book runner of Aatmaj Healthcare IPO.
What is the objective of Aatmaj Healthcare IPO?
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
1. Repayment/Prepayment in full or part of the existing secured debt of the company,
2. Working Capital Requirements,
3. Purchase of medical equipment for hospitals of the company and/or newly acquired or set-up hospitals,
4. Acquisitions and other strategic initiatives,
5. General Corporate Expenses and Issue expenses.
How to apply for the Aatmaj Healthcare IPO?
To apply for the Aatmaj Healthcare 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 price at which you wish to apply for
● 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
Contact Details of Aatmaj Healthcare IPO
Contact Information
Aatmaj Healthcare Limited
Jupiter Hospital, Opp. ICAI Bhavan,
Sunpharma Ataladra Road,
Vadodara - 390012
Phone: +91 9714059465
Email: cs@jupiterhospitalvadodara.com
Website: https://www.jupiterhospitalvadodara.com/
Aatmaj Healthcare IPO Register
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: aatmajhealthcare.smeipo@linkintime.co.in
Website: https://linkintime.co.in/
Aatmaj Healthcare IPO Lead Manager
Nirbhay Capital Services Private Limited