Issuer

Yatharth Hospital IPO

IPO Date: 26th to 28th July 2023

IPO Price Band
Price Band
₹285 to ₹300
IPO Issue Size
Issue Size
₹686.55 Cr.
IPO Market Lot
Market Lot
50 Shares
IPO Face Value
Face Value
₹10 Equity Share

About Yatharth Hospital IPO

Incorporated in 2008, Yatharth Hospital and Trauma Care Services Limited is a multi-care hospital chain. They rank among the top 10 largest private hospitals in the National Capital Region of Delhi.

Incorporated in 2008, Yatharth Hospital and Trauma Care Services Limited is a multi-care hospital chain. They rank among the top 10 largest private hospitals in the National Capital Region of Delhi.

To extend its operations and services, the company acquired a 305-bedded multi-specialty hospital in Orchha, Madhya Pradesh. This too is among the largest hospital in the locality.

A team of 370 doctors is engaged with the company. They offer healthcare services across numerous specialties and super specialties.

The super specialty or Centres of Excellence (COE) of the hospital includes:

Centre of Medicine, Centre of General Surgery, Centre of Gastroenterology, Centre of Cardiology, Centre of Nephrology & Urology, Centre of Pulmonology, Centre of Neurosciences, Centre of Paediatrics, Centre of Gynaecology, Centre of Orthopaedics and Spine & Rheumatology.

Objects of the Issue

The Company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:

  • Repayment/ prepayment, in full or part, of certain borrowings availed by the Company.
  • Repayment/ prepayment, in full or part, of certain borrowings availed by the Subsidiaries, namely, AKS Medical & Research Centre Private Limited and Ramraja Multispeciality Hospital & Trauma Centre Private Limited.
  • Funding capital expenditure expenses of the Company for two hospitals, namely, Noida Hospital and Greater Noida Hospital.
  • Funding capital expenditure expenses of the Subsidiaries, AKS and Ramraja, for respective hospitals operated by them.
  • Funding inorganic growth initiatives through acquisitions and other strategic initiatives.
  • General corporate purposes.

Yatharth Hospital IPO Date, Market Lot & Price Band

IPO Opening Date Jul 26, 2023
IPO Closing Date Jul 28, 2023
Issue Type Book Built Issue IPO
Face Value ₹10 per share
IPO Price ₹285 to ₹300 per share
Market Lot 50 Shares
Min Order Quantity 50 Shares
Listing At BSE, NSE
Issue Size [.] shares (aggregating up to ₹686.55 Cr)
Fresh Issue [.] shares (aggregating up to ₹490.00 Cr)
Offer for Sale 6,551,690 shares of ₹10 (aggregating up to ₹196.55 Cr)
Share holding pre issue 69,516,900
Share holding pre issue 85,850,234
Anchor Investor Shares Offered 6,865,506 (30.00%)
QIB Shares Offered 4,577,004 (20.00%)
NII (HNI) Shares Offered 3,432,754 (15.00%)
Retail Shares Offered 8,009,759 (35.00%)
Retail Shares Offered 22,885,023 (100%)

Yatharth Hospital IPO Allotment & Listing Date

Basis of Allotment Date 2 August 2023
Initiation of Refunds 3 August 2023
Credit of Shares to Demat Account 4 August 2023
IPO Listing Date 7 August 2023

Yatharth Hospital IPO FAQs

Yatharth Hospital IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹686.55 Crores. The issue is priced at ₹285 to ₹300 per share. The minimum order quantity is 50 Shares.

The IPO opens on Jul 26, 2023, and closes on Jul 28, 2023.

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

The Yatharth Hospital IPO opens on Jul 26, 2023 and closes on Jul 28, 2023.

Yatharth Hospital IPO lot size is 50 Shares.

You can apply in Yatharth Hospital 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.

The finalization of Basis of Allotment for Yatharth Hospital IPO will be done on Wednesday, 2 August 2023, and the allotted shares will be credited to your demat account by Friday, 4 August 2023.

Check the IPO allotment status.

The Yatharth Hospital IPO listing date is 7 August 2023.

How to Apply in Yatharth Hospital IPO with SMC?

  • To Bid online, you need
    Demat Account and Pan card.

  • Login to SMC account and
    select the Yatharth Hospital IPO

  • Enter UPI Id & Mobile number

  • Place your number of bids
    with the exchange

  • A UPI mandate is sent to your
    UPI App to block your funds.

Top 5 Reasons to Open a Demat A/c With SMC

Open a Demat A/c With SMC
Open Free Demat Account
Free Account Opening
Open Free Demat Account
Free Subscription of Premium Telegram Channel
Open Free Demat Account
Free webinars
Open Free Demat Account
Lifetime Free AMC
Open Free Demat Account
Dedicated RM