Yatharth Hospital is the eighth and 10th largest private hospital in the National Capital Region of Delhi (“Delhi NCR”), respectively, in terms of the number of beds in Fiscal 2023 (Source: CRISIL Report). They operate three super specialty hospitals located in Delhi NCR, i.e., at Noida, Greater Noida, and Noida Extension, Uttar Pradesh. They acquired a 305-bedded multi-specialty hospital in Orchha, Madhya Pradesh near Jhansi, Uttar Pradesh (“Jhansi-Orchha”) which commenced commercial operations on April 10, 2022, and It is one of the largest hospitals in Jhansi Orchha-Gwalior region in terms of number of beds (Source: CRISIL Report). With this acquisition, their total bed capacity has increased to 1,405 beds as of the date of this RHP filed.
Yatharth Hospital Noida Extension Hospital with 450 beds is one of the largest hospitals in the Noida Extension, Uttar Pradesh region (Source: CRISIL Report). They believe in providing quality care treatment to the patients and the services at their hospitals located in Noida, Greater Noida and Noida Extension, all located in Uttar Pradesh have been rated “5 Star” by Infomerics Analytics and Research Private Limited in 2022. As of March 31, 2023, they engaged 609 doctors and offer healthcare services across several specialties and super specialties. For better and more focussed patient care, they have carved out the following super specialty as Centres of Excellence (“COE”):
- 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 & Spine & Rheumatology
Yatharth Hospital & Trauma Care raises Rs 120 crore via a pre-IPO placement.
Objects of the Issue
- Repayment/ prepayment, in full or part, of certain borrowings availed by our Company.
- Repayment/ prepayment, in full or part, of certain borrowings availed by our Subsidiaries, namely, AKS Medical & Research Centre Private Limited (“AKS”) and Ramraja Multispeciality Hospital & Trauma Centre Private Limited (“Ramraja”).
- Funding capital expenditure expenses of our Company for two hospitals, namely, Noida Hospital and Greater Noida Hospital.
- Funding capital expenditure expenses of our 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 Review (Apply or Not)
Brokerage Firm IPO Review
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
Yatharth Hospital IPO Date & Price Band Details
IPO Open: | July 26, 2023 |
IPO Close: | July 28, 2023 |
IPO Size: | Approx ₹[.] Crores |
Fresh Issue: | Approx ₹490 Crores |
Offer for Sale: | Approx 65,51,690 equity shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] Per Share |
IPO Listing on: | BSE & NSE |
Retail Quota: | 35% |
QIB Quota: | 50% |
NII Quota: | 15% |
Discount: | N/A |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Yatharth Hospital IPO Market Lot
The Yatharth Hospital IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 13 | – | ₹- |
S-HNI Minimum | 14 | – | ₹- |
B-HNI Minimum | 68 | – | ₹- |
Yatharth Hospital IPO Allotment & Listing Dates
The Yatharth Hospital IPO date is July 26 and the close date is July 28. The Yatharth Hospital IPO allotment will be finalized on 2023 and the IPO listing on 2023.
Price Band Announcement: | 2023 |
Anchor Investors Allotment: | July 25, 2023 |
IPO Open Date: | July 26, 2023 |
IPO Close Date: | July 28, 2023 |
Basis of Allotment: | August 2, 2023 |
Refunds: | August 3, 2023 |
Credit to Demat Account: | August 4, 2023 |
IPO Listing Date: | August 7, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Yatharth Hospital IPO Form
How to apply for the Yatharth Hospital IPO? You can apply for Yatharth Hospital IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Yatharth Hospital IPO in the Invest section. The other option is you can apply for Yatharth Hospital IPO via IPO forms downloaded via NSE and BSE. Check out the Yatharth Hospital forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Yatharth Hospital Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹229 | ₹201 | ₹19.59 |
2022 | ₹403 | ₹339 | ₹44.16 |
2023 | ₹523 | ₹435 | ₹65.77 |
Yatharth Hospital IPO Valuation – FY2023
Check Yatharth Hospital IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹10.09 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 35.95% |
Net Asset Value (NAV): | ₹27.93 per Equity Share |
Peer Group
- Apollo Hospitals Enterprise Limited
- Fortis Healthcare Limited
- Narayana Hrudalaya Limited
- Max HealthcareInstitute Limited
- Krishna Institute of Medical Sciences Limited
- Healthcare Global Enterprises Limited
- Global Health Limited
- AJAY KUMAR TYAGI
- KAPIL KUMAR
Yatharth Hospital IPO Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200
Email: [email protected]
Website: www.linkintime.co.in
Yatharth Hospital IPO Allotment Status Check
Check Yatharth Hospital IPO allotment status on Linkintime website allotment URL. Click Here
Yatharth Hospital IPO Lead Managers aka Merchant Bankers
- Intensive Fiscal Services Private Limited
- Ambit Private Limited
- IIFL Securities Limited
Company Address
YATHARTH HOSPITAL & TRAUMA CARE SERVICES LIMITED
HO-01, Sector-1, Greater Noida West,
Uttar Pradesh 201 306, India
Phone: +91 120 681 1236
Email: [email protected]
Website: www.yatharthhospitals.com
Yatharth Hospital IPO FAQs
What is Yatharth Hospital IPO?
When Yatharth Hospital IPO will open?
What is Yatharth Hospital IPO Investors Portion?
How to Apply the Yatharth Hospital IPO?
How to Apply the Yatharth Hospital IPO through Zerodha?
How to Apply the Yatharth Hospital IPO through Upstox?
How to Apply the Yatharth Hospital IPO through Paytm Money?
What is Yatharth Hospital IPO Size?
What is Yatharth Hospital IPO Price Band?
What is Yatharth Hospital IPO Minimum and Maximum Lot Size?
What is the Yatharth Hospital IPO Allotment Date?
Yatharth Hospital IPO allotment date is August 2, 2023.
What is the Yatharth Hospital IPO Listing Date?
Yatharth Hospital IPO listing date is August 7, 2023. The IPO is to list on BSE and NSE.
Note: The Yatharth Hospital IPO price band and date are officially announced. The IPO grey market premium (Yatharth Hospital IPO Premium) will be added to the IPO grey market page as it will start).
Follow IPO Watch for the Upcoming IPO news and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.