Aashka Hospitals IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
GMP
Subscription Status
Allotment Status
- About Aashka Hospitals
- Important Details – Aashka Hospitals
- Objects of the Issue
- Aashka Hospitals Limited Financials:
- Aashka Hospitals IPO Price – Details
- Aashka Hospitals IPO DRHP & RHP
- Aashka Hospitals IPO Lot Size
- Aashka Hospitals IPO Lead Managers
- Aashka Hospitals Registrar
- Company Registered Office
- Company Promoters
- Aashka Hospitals IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Aashka Hospitals IPO – FAQS
About Aashka Hospitals
The company is promoted by Bipinchandra Shah is a Civil engineer and a technocrat, who is currently serving as the Chairman and Managing Director of the Company. With a view to provide healthcare facilities to the people of Gujarat, he started hospital in the year 2015 and roped in renowned doctors. His experience and understanding of business have been instrumental in the growth of the Company’s performance.
Aashka means “Blessing” & Aashka Hospitals signifies blessing, a blessing of fine health. Aashka Hospitals is certified by National Accreditation Board for Hospitals and Healthcare Providers (“NABH Accredited”) for tertiary and apical care level hospitals in Gujarat. Aashka Hospitals is an integrated healthcare service provider, committed to deliver quality healthcare services to the patients in modern facilities that include prevention, best treatment and proper rehabilitation.
Important Details – Aashka Hospitals
| Date | Details |
|---|---|
| Nov 09, 2012 | The company was originally incorporated as a Private Limited Company in the name of “Aashka Hospitals Private Limited” |
| June 25, 2018 | The company was converted into a Public Limited Company and consequent upon conversion the name of the company was changed to “Aashka Hospitals Limited” |
Objects of the Issue
- Repayment / prepayment, in full or part, of certain borrowings availed by our Company; and
- Funding of our inorganic growth initiatives
- General corporate purposes
Aashka Hospitals Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakhs) | ||
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 6,508.14 | 6,004.73 | 5,405.18 |
| Total income | 4,069.23 | 2,725.14 | 2,772.55 |
| Profit After Tax | 411.39 | 137.91 | 136.27 |
Aashka Hospitals IPO Price – Details
| Description | AASHKA IPO Details |
|---|---|
| Public Issue | Initial Public offer of 8,400,000 Equity Shares aggregating upto Rs.101 crore comprising a Fresh Issue of 5,400,000 Equity shares aggregating up to Rs. 65 crore and an Offer for Sale of 3,000,000 Equity shares aggregating upto Rs.36 crore |
| Issue Open Date | 10-Aug-21 |
| Issue Close Date | 24-Aug-21 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 121 |
| Face Value | ₹ 10 |
| Market Lot | 1000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 1000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | AASHKA |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Aashka Hospitals IPO DRHP & RHP
Aashka Hospitals IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 121 | ₹ 1,21,000 |
| Maximum | 1 | 121 | ₹ 1,21,000 |
Aashka Hospitals IPO Lead Managers
- Fedex Securities Limited
Aashka Hospitals Registrar
- Accurate Securities and Registry Private Limited
Company Registered Office
Between Sargasan & Reliance Cross Road,
Sargasan, Gandhinagar – 382421,
Gujarat, India
Tel:- +91-7575009000;
Email Id: [email protected]
Website: www.aashkahospitals.in
Company Promoters
- Bipinchandra Shah
Aashka Hospitals IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 10-Aug-21 |
| Bid / Offer Closes on | 13-Aug-21 |
| Finalisation of Basis of Allotment | 18-Aug-21 |
| Initiation of refunds | 20-Aug-21 |
| Credit of the Equity Shares | 23-Aug-21 |
| Commencement of trading – Listing | 24-Aug-21 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | Total income, for Financial Year 2021 (in ₹ lakhs) | NAV, as on March 31, 2021 (₹ per share) |
| Aashka Hospitals Limited | 10 | 4,069.23 | 16.25 |
| Narayana Hrudayalaya Limited | 10 | 1,73,042.80 | 53.32 |
| KMC Speciality Hospitals (India) Limited | 1 | 10,456.36 | 3.88 |
| Fortis Malar Hospitals Limited | 10 | 7,732.53 | 46.22 |
| Shalby Limited | 10 | 42,828.50 | 78.66 |
| Krishna Institute of Medical Sciences Limited | 10 | 94,230.40 | 116.93 |
Aashka Hospitals IPO – FAQS
When Aashka Hospitals IPO will open?
The Aashka Hospitals IPO opens on Aug 10, 2021 and closes on Aug 24, 2021
What is the lot size of Aashka Hospitals IPO?
The Aashka Hospitals IPO lot size is 1000 Shares and the minimum order quantity is 1000 Shares.
What is the price band for Aashka Hospitals IPO?
The Aashka Hospitals IPO price band at ₹ 121 per share
Who is the Registrar for Aashka Hospitals IPO?
The Registrar is Accurate Securities and Registry Private Limited
How to apply in Aashka Hospitals IPO through UPI?
Check the step by step process here – Click here
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