Aashka Hospitals Limited IPO

BSE SME

Listed On: Sep 1, 2021 at ₹ 121.10

₹ 121000 /1000 Shares

IPO Details

10 Aug, 2021

Open Date

24 Aug, 2021

Close Date

30 Aug, 2021

Allotment Date

01 Sep, 2021

Listing Date

Issue Price

₹121 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Accurate Securities & Registry Private Limited

List Price

121.10

Listing Date

2021-09-01

Market Lot

1000 Shares (₹121,000/-)

Lead Manager

Fedex Securities Limited

Issue Size

8,400,000 Eq Shares of ₹10 (aggregating up to ₹101.64 Cr)
Fresh Issue: 5,400,000 Eq Shares of ₹10 (aggregating up to ₹65.34 Cr)
Offer for Sale: 3,000,000 Eq Shares of ₹10 (aggregating up to ₹36.30 Cr)

Retail Portion

N/A

Subscription

0.79 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	3,960,000	3,960,000	8,400,000
Day 1 - 10-08-21 06:00 PM	0.14 x	0.12 x	0.12 x
Day 2 - 11-08-21 06:00 PM	0.15 x	0.23 x	0.18 x
Day 3 - 12-08-21 06:00 PM	0.17 x	0.36 x	0.25 x
Day 4 - 13-08-21 6:00 PM	0.24 x	0.55 x	0.37 x
Day 5 - 16-08-21 6:00 PM	0.65 x	0.55 x	0.57 x
Day 6 - 17-08-21 6:00 PM	0.67 x	0.63 x	0.65 x
Day 7 - 18-08-21 6:00 PM	0.76 x	0.73 x	0.70 x
Day 8 - 20-08-21 6:00 PM	0.93 x	0.74 x	0.79 x

Valuations

Earnings Per Share (EPS)

₹1.43/-

P/E Ratio

84.14

RoNW

14.07%

Net Asset Value (NAV) - Post Issue

₹40.42/-

Company Financials All values are in ₹ Cr.

	31-Mar-21	31-Mar-20	31-Mar-19
Assets	65.08	60.04	54.05
Revenue	40.69	27.25	27.72
Profit After Tax	4.11	1.37	1.36

About The Company

Aashka Hospital, the Gujarat-based hospital is an integrated healthcare service provider that offers the best quality of healthcare facilities including prevention, best treatment, and rehabilitation.It serves a range of healthcare services i.e. Cardiology, neurology, neurosurgery, nephrology, anesthesiology, orthopedics, pediatric services, neonatology services, dermatology, radiology, dentistry, obstetrics, and gynecology, and more.
It serves patients with ultra-modern medicinal practices and state-of-the-art infrastructure for medical as well as surgical care solutions. Amid COVID-19, it has set up a designated COVID-19 Treatment hospital and treated 2,000+ patients.

- Promoter(s)

Pre Issue Share Holding: 91.67%

Post Issue Share Holding: 61.24%

Company Promoter(s)

Bipinchandra Shah

IPO - Issue Objectives

Repayment/ prepayment of company's borrowings fully or partially.
Funding inorganic growth initiatives.
General corporate purposes.

IPO - FAQs

Ans. Aashka Hospitals Limited IPO is a SME IPO. The issue is priced at ₹121 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Aug 10, 2021, and closes on Aug 24, 2021. Accurate Securities & Registry Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Aashka Hospitals Limited IPO opens on Aug 10, 2021 and closes on Aug 24, 2021.

Ans. The size of Aashka Hospitals Limited IPO is 8,400,000 Eq Shares of ₹10 (aggregating up to ₹101.64 Cr) Fresh Issue: 5,400,000 Eq Shares of ₹10 (aggregating up to ₹65.34 Cr) Offer for Sale: 3,000,000 Eq Shares of ₹10 (aggregating up to ₹36.30 Cr).

Ans. The IPO price band is set between ₹121 per equity share.

Ans. To apply for Aashka Hospitals Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Aashka Hospitals Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Aashka Hospitals Limited IPO is Aug 30, 2021.

Ans. The Aashka Hospitals Limited IPO will be listed on Sep 1, 2021.

Ans. Follow the steps to check the allotment status for Aashka Hospitals Limited IPO here.