Aashka Hospitals IPO Details
Aashka Hospitals IPO description – Aashka Hospitals is certified by National Accreditation Board for Hospitals and Healthcare Providers (NABH Accredited) for tertiary and apical care level hospital in Gujarat. It is an integrated healthcare service provider.
The company is associated with companies, organizations, university and institute for providing regular healthcare check-up facilities to their employees and their post-graduation students at affordable rates. It has entered into Memorandum of Understanding with Blood Banks like M/s. Shraddhadeep Blood Bank and M/s Sanjivani Blood Bank (Vol.) and Apheresis Centre. Also, it has associations and affiliations with major insurance companies that processes insurance claims admissible under the Mediclaim policy for our patients.
Promoters of Aashka Hospitals – Bipinchandra Shah
| Aashka Hospitals IPO details | |
| Subscription Dates | 10 – 24 August 2021 (issue date extended) |
| Price Band | INR121 per share |
| Fresh issue | 84,00,000 shares (INR101.64 crore) |
| Offer For Sale | Nil |
| Total IPO size | 84,00,000 shares (INR101.64 crore) |
| Minimum bid (lot size) | 1,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Aashka Hospitals financial performance (in INR lakhs)
| Â | FY2019 | FY2020 | FY2021 | Â |
| Revenue | 2,772.55 | 2,725.14 | 4,069.23 | Â |
| Expenses | 2,636.28 | 2587.23 | 3657.84 | Â |
| Net income | 136.27 | 137.91 | 411.39 | Â |
| Net margin (%) | 4.9 | 5.1 | 10.1 | Â |
Aashka Hospitals IPO Allotment Status
Aashka Hospitals’ IPO allotment status is now available on Accurate Securities & Registry’s website. Click on this link to get allotment status.
Valuation of Aashka Hospitals IPO (FY2021)
Earnings Per Share (EPS): INR2.29
Price/Earnings (PE ratio): 52.84
Return on Net Worth (RONW): 14.07%
Net Asset Value (NAV): INR16.25 per share
Aashka Hospitals IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 |
0.12 |
| Day 2 |
0.18 |
| Day 3 |
0.25 |
| Day 4 |
0.37 |
| Day 5 |
0.57 |
| Day 6 |
0.61 |
| Day 7 |
0.70 |
| Day 8 |
0.79 |
| Day 9 |
0.99 |
| Day 10 |
1.30 |
Aashka Hospitals Contact Details
Aashka Hospitals Limited
Between Sargasan & Reliance Cross Road Sargasan
Gandhinagar – 382421, Gujarat
Phone: +91 7575009000
Email: [email protected]
Website: www.aashkahospitals.in
More about Aashka Hospitals IPO
Registrar of Aashka Hospitals IPO
Accurate Securities & Registry Private Limited
203, Shangrila Arcade, Above Samsung Showroom, Near Shyamal Cross Road, Satellite, Ahmedabad – 380015
Phone: +91 079 48000319
Email: : [email protected]
Website: www.accuratesecurities.com
Listing Performance of Aashka Hospitals
IPO Opening Date: 10 August 2021
IPO Closing Date: 24 August 2021
Listing Date: 1 September 2021
Opening Price on BSE SME: INR121.1 per share (up 0.08% from IPO price)
Closing Price on BSE SME: INR115.05 per share (down 4.92% from IPO price)
