Aatmaj Healthcare IPO GMP, Price, Dates & Allotment Details 2023
Introduction
The Aatmaj Healthcare IPO will open on June 19 and close on June 21, 2023. As per the DRHP filed with SEBI, the company intends to raise approximately ₹ 38.40 crores through this public offering, consisting of 64 lakhs shares with a face value of ₹ 5 each, which will be issued at a price of ₹ 60 per share.
Aatmaj Healthcare Limited (“the Company”)
Incorporated in 2014. It is a healthcare service provider company with ultra-modern medicinal practises and state-of-the-art infrastructure for medical and surgical care solutions. It aims towards continuous improvement of its healthcare facilities, and to achieve this level of care and quality, they have constituted committees such as the Quality Assurance and Safety Committee, the Infection Control Committee, the CPR Committee, the Pharmacy and Therapeutic Committee, the Blood Transfusion Committee, the Committee for Medical Records, and the Women’s Safety Committee.
As of this draught prospectus, the company provides inpatient and outpatient healthcare services through four (04) hospitals in Vadodara, Gujarat.
Objects of the Issue,
The company proposes utilising the Fresh Issue’s net proceeds towards funding the following objects:
- Repayment or prepayment in full or part of the existing secured debt of the company,
- Working capital requirements,
- Purchase of medical equipment for hospitals of the company and/or newly acquired or set-up hospitals,
- Acquisitions and other strategic initiatives,
- General corporate expenses and issue expenses
Financial Highlights (Restated)
| Particulars | For the period ended on 31st Dec. 2022 | For the period ended on 30th Sep. 2022 | FY 2021-22 |
|---|---|---|---|
| Net Worth | 1,388 | 1,102 | 811 |
| Total Assets | 3,032 | 2,323 | 1,719 |
| Reserve & Surplus | 578 | 562 | 676 |
| Total Borrowings | 1,218 | 894 | 518 |
| Total Revenue | 2,048 | 1,345 | 2,181 |
| Profit After Tax | 577 | 291 | 492 |
IPO details
As per the DRHP filed with SEBI, 64 lakh shares will be offered as a fresh issue in the NSE SME segment. The face value of the shares is ₹ 5. The market maker would receive 321,000 shares of the offering. While Nirbhay Capital Services Private Limited will be the lead manager for the IPO, Link Intime India Private Ltd will be the registrar. It will be a Fixed Price Issue IPO, so the price at which the securities are offered or allotted is known in advance to the investor.
| Issue Type | Fixed Price Issue IPO |
| IPO Price | ₹ 60 per share |
| Face Value | ₹ 5 per share |
| Market Lot | 2,000 shares |
| Issue Size | 6,400,000 shares (aggregating up to ₹ 38.40 crores) |
| Fresh Issue | 6,400,000 shares (aggregating up to ₹ 38.40 crores) |
| Listing At | NSE SME |
| Company Promoters | Dr Tushar Suvagiya, Dr Subhash Padmani, and Dr Ravi Apte |
Market Maker
| Market maker | Rikhav Securities |
| Market maker portion | 321,000 shares |
GMP: Aatmaj Healthcare IPO
GMP, or grey market premium, is available on this page. The IPO GMP is updated on a day-to-day basis during the running period of the IPO, due to which the GMP rates fluctuate and stabilise after some time. GMP rates are not 100% guaranteed. Please click here for GMP details.
Tentative Dates: Aatmaj Healthcare IPO
The issue opens for subscription on June 19, 2023, and closes for subscription on June 21, 2023 (both days inclusive). The basis of allotment will be finalised on June 26, 2023, and the refunds will be initiated on June 27, 2023. In addition, the demat credits are expected to happen on June 29, 2023, and the stock will be listed on the NSE SME on June 30, 2023. The UPI mandate confirmation cut-off time is 5:00 PM on the issue closing day.
| Opening Date | June 19, 2023, |
| Closing Date | June 21, 2023 |
| Basis of Allotment | June 26, 2023 |
| Initiation of Refunds | June 27, 2023 |
| A credit of shares to Demat A/c | June 29, 2023 |
| Listing Date | June 30, 2023 |
Lot Size
The lot size of the Aatmaj Healthcare IPO is 2,000 shares. A retail-individual investor can apply for up to 1 lot, i.e. 2,000 shares of ₹ 120,000.
| Applications | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 2,000 | ₹ 120,000 |
| Retail (Maximum) | 1 | 2,000 | ₹ 120,000 |
| HNI (Minimum) | 2 | 4,000 | ₹ 240,000 |
Promoters Holdings
| Pre-issue Shares Holdings | 88.89% |
| Post-issue Shares Holdings | – |
Miscellaneous Information
| Download Prospectus (PDF) | IPO DRHP |
| Company 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/ |
| IPO Registrar | Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: aatmajhealthcare.smeipo@linkintime.co.in Website: https://linkintime.co.in/ |
| IPO Lead Manager(s) | Nirbhay Capital Services Private Limited |
FAQs
What is Aatmaj Healthcare’s IPO price?
The Aatmaj Healthcare IPO price is ₹ 60 per share.
What minimum lot size can retail investors subscribe to?
The minimum investment size is one lot for retail investors. One lot of the Aatmaj Healthcare IPO contains 2,000 shares of ₹ 120,000.
When will the Aatmaj Healthcare IPO allotment be available?
The finalisation of the basis of allotment for the Aatmaj Healthcare IPO will be done on June 26, 2023, and the allotted shares will be credited to your demat account by June 29, 2023. Check the Aatmaj Healthcare IPO allotment status.
When will the Aatmaj Healthcare IPO list on exchanges?
The Aatmaj Healthcare IPO shares listing date is June 30, 2023.
