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.
Yatharth Hospital presently operates three super specialty hospitals situated in Delhi NCR, i.e., at Noida, Greater Noida, and Noida Extension, Uttar Pradesh. Further, Noida Extension Hospital has 450 beds and is one of the largest hospitals around the area.
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.
Yatharth Hospital IPO Details
| IPO Date | Jul 26, 2023 to Jul 28, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹285 to ₹300 per share |
| Lot Size | 50 Shares |
| Total Issue Size | |
| Fresh Issue | [.] shares (aggregating up to ₹490.00 Cr) |
| Offer for Sale | 6,551,690 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 69,516,900 |
Yatharth Hospital IPO Reservation
| QIB Shares Offered | Not more than 50% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
Yatharth Hospital IPO Timetable (Tentative)
Yatharth Hospital IPO opens on Jul 26, 2023, and closes on Jul 28, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Wednesday, 26 July 2023 |
| Closing 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 Yatharth Hospital IPO lot size is 50 shares.
| 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 |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-19 | 256.56 | 102.07 | 3.98 | 55.60 | 164.57 |
| 31-Mar-20 | 287.20 | 146.18 | -2.05 | 54.29 | 184.57 |
| 31-Mar-21 | 308.77 | 229.19 | 19.59 | 72.46 | 186.11 |
| 31-Mar-22 | 426.02 | 402.59 | 44.16 | 116.89 | 258.19 |
| 31-Mar-23 | 485.97 | 523.10 | 65.77 | 182.96 | 263.78 |
| Amount in ₹ Crore |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 35.95% |
| ROCE | 26.10% |
| Debt/Equity | 1.44 |
| EPS (Rs) | 10.09 |
| RoNW | 35.95% |
Check Yatharth Hospital IPO Peer Comparison here.
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 Prospectus
Company Contact Information
Yatharth Hospital and Trauma Care Services Limited
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
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: yatharth.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html