Yatharth Hospital and Trauma Care Services Limited, Established in 2008, stands as a multi-care hospital chain, operating via its super specialty hospitals. Positioned in Delhi NCR, precisely Noida, Greater Noida, and Noida Extension, Uttar Pradesh, the hospitals provide an array of amenities and facilities. Notably, the Noida Extension Hospital boasts 450 beds, ranking among the area’s largest.
NABH accredits all hospitals under Yatharth’s umbrella, with NABL accreditation granted to those in Greater Noida and Noida Extension. Adhering to international quality standards ensures patient safety and effective recovery.
The company’s footprint expanded through the acquisition of a 305-bedded multi-specialty hospital in Orchha, Madhya Pradesh.
A robust team of 370 doctors spans various specialties and super specialties, offering top-notch healthcare services. Notable centers of excellence within the hospital encompass Medicine, General Surgery, Gastroenterology, Cardiology, Nephrology & Urology, Pulmonology, Neurosciences, Pediatrics, Gynecology, Orthopedics, and Spine & Rheumatology.
Yatharth Hospital & Trauma Care Services Limited Stock Quote #
- Open: ₹333.25
- High – Low: ₹335.95 – ₹326.30
- Previous Close: ₹333.25
- Total Traded Value: 12,12,011
- 52 Weeks High: ₹361.90 (Aug 08, 2023)
- 52 Weeks Low: ₹306.10 (Aug 07, 2023)
- Updated On: Aug 11, 2023 4:00 PM
Yatharth Hospital IPO Details #
Yatharth Hospital IPO is a Book Built Issue. The IPO total issue size is Rs 686.55 Cr. The Yatharth Hospital IPO price is ₹285 to ₹300 per share. The IPO will list on BSE, NSE.
| IPO Date | Jul 26, 2023 to Jul 28, 2023 |
| Listing Date | Aug 7, 2023 |
| Face Value | ₹10 per share |
| Price | ₹285 to ₹300 per share |
| Lot Size | 50 Shares |
| Total Issue Size | 22,885,023 shares (aggregating up to ₹686.55 Cr) |
| Fresh Issue | 16,333,333 shares (aggregating up to ₹490.00 Cr) |
| Offer for Sale | 6,551,690 shares of ₹10 (aggregating up to ₹196.55 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 69,516,900 |
| Share holding post issue | 85,850,233 |
Yatharth Hospital IPO Reservation #
Yatharth Hospital IPO a total of 22,885,023 shares are offered. QIB: 4,577,004 (20.00%), RII: 8,009,759 (35.00%), NII: 3,432,754 (15.00%).
| 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%) |
| Total Shares Offered | 22,885,023 (100%) |
Yatharth Hospital IPO Anchor Investors Details #
Yatharth Hospital IPO raises Rs 205.97 crore from anchor investors. Yatharth Hospital IPO Anchor bid date is Jul 25, 2023. Yatharth Hospital IPO Anchor Investors list
| Bid Date | Jul 25, 2023 |
| Shares Offered | 6,865,506 |
| Anchor Portion Size (In Cr.) | 205.97 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sep 14, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | Dec 14, 2023 |
Yatharth Hospital IPO Timetable (Tentative) #
Yatharth Hospital IPO opens on Jul 26, 2023, and closes on Jul 28, 2023.
| IPO Open Date | Wednesday, 26 July 2023 |
| IPO Close Date | Friday, 28 July 2023 |
| Basis of Allotment | Wednesday, 2 August 2023 |
| Initiation of Refunds | Thursday, 3 August 2023 |
| Credit of Shares to Demat | Friday, 4 August 2023 |
| Listing Date | Monday, 7 August 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jul 28, 2023 |
Yatharth Hospital IPO Lot Size #
The minimum lot size of this Yatharth Hospital IPO is 50 shares required is ₹15,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹15,000 |
| Retail (Max) | 13 | 650 | ₹195,000 |
| S-HNI (Min) | 14 | 700 | ₹210,000 |
| S-HNI (Max) | 66 | 3,300 | ₹990,000 |
| B-HNI (Min) | 67 | 3,350 | ₹1,005,000 |
| Lot Size Calculator | |||
Yatharth Hospital IPO Promoter Holding #
Ajay Kumar Tyagi and Kapil Kumar are the Promoters of the company.
| Pre Issue Share Holding | 91.34% |
| Post Issue Share Holding | 66.32% |
Company Financials #
| Period Ended | 31 Mar 2019 | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 256.56 | 287.20 | 308.77 | 426.02 | 485.97 |
| Revenue | 102.07 | 146.18 | 229.19 | 402.59 | 523.10 |
| Profit After Tax | 3.98 | -2.05 | 19.59 | 44.16 | 65.77 |
| Net Worth | 55.60 | 54.29 | 72.46 | 116.89 | 182.96 |
| Reserves and Surplus | |||||
| Total Borrowing | 164.57 | 184.57 | 186.11 | 258.19 | 263.78 |
Key Performance Indicator #
Yatharth Hospital IPO Market Cap is Rs 2575.51 Cr and P/E (x) is 39.16.
| KPI | Values |
|---|---|
| P/E (x) | 39.16 |
| Market Cap (₹ Cr.) | 2575.51 |
| ROE | 35.95% |
| ROCE | 26.10% |
| Debt/Equity | 1.44 |
| EPS (Rs) | 10.09 |
| RoNW | 35.95% |
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 Subscription Status (Bidding Detail) #
The Yatharth Hospital IPO is subscribed 37.28 times on Jul 28, 2023 7:02:00 PM. The public issue subscribed 8.66 times in the retail category, 86.37 times in the QIB category, and 38.62 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 86.37 |
| NII | 38.62 |
| bNII (bids above ₹10L) | 41.76 |
| sNII (bids below ₹10L) | 32.34 |
| Retail | 8.66 |
| Total | 37.28 |
Total Application : 1,256,979 (7.85 times)
Yatharth Hospital IPO Prospectus #
| Listing Date | Aug 7, 2023 |
| BSE Script Code | 543950 |
| NSE Symbol | YATHARTH |
| ISIN | INE0JO301016 |
| Final Issue Price | ₹300 per share |
Company Contact Information #
JA 108 DLF Tower A
Jasola District Centre
South Delhi, Delhi – 110 025
Phone: +91 11 4996 7892
Email: cs@yatharthhospitals.com
Website: https://www.yatharthhospitals.com/
Yatharth Hospital IPO Registrar #
Phone: +91-22-4918 6270
Email: yatharth.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
