IPO Issue Details
Issue Price / Price Band₹60 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size64,00,000 shares (aggregating up to ₹38.40 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 19 Jun 2023
Subscription CloseWed, 21 Jun 2023
Anchor AllotmentSun, 18 Jun 2023
Basis of AllotmentMon, 26 Jun 2023
Initiation of RefundsTue, 27 Jun 2023
Credit of Shares to DematThu, 29 Jun 2023
Listing DateFri, 30 Jun 2023
UPI Mandate Deadline2023-06-21
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 2,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 4,000 shares
EPS (Pre-IPO)₹5.41
P/E Ratio (Pre-IPO)17.6x
Net Offer to Public60,78,000 shares (aggregating up to ₹36.47 Cr)
Reserved for Market Maker3,22,000 shares (aggregating up to ₹1.93 Cr)
Pre-IPO Promoter Holding1,62,00,000 shares
Post-IPO Promoter Holding2,26,00,000 shares
About Aatmaj Healthcare Ltd
Incorporated in 2014, Aatmaj Healthcare Limited runs multi-specialty hospitals, under the name Jupiter Hospitals, offering medical care at affordable rates.The company provides inpatient and outpatient healthcare services through its hospitals in Vadodara, Gujarat with an aggregate bed capacity of 130 beds extendable up to 175 beds. As on December 31, 2022, they have conducted an aggregate healthcare treatment, including surgeries, of over 17,000 patients, consisting of more than 4,000 patients and more than 13,000 OPD patients including Covid-19 Patients.The company's primary check-up services include hemoglobin check, lipid profile, general tests, renal profile, blood sugar, MCV, ESR, MCH, MCHC, liver profile, and lipid profile.Aatmaj Healthcare specializes in Nephrology and Uro surgery/Vascular surgery, Orthopedics, Joint replacement, Polytrauma care, Obstetric, Gynaecology, ENT, Ophthalmology, Plastic Surgery, and Neuro Surgery.The company is a part of Ayushman Bharat-Pradhan Mantri Jan ArogyaYojana, a flagship scheme of the Government of India which was launched and recommended by the National Health Policy 2017, to achieve the vision of universal health coverage (UHC).
Objects of the Issue
Aatmaj Healthcare Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Repayment/Prepayment in full or part of existing secured debt of the Company
9.00
2
Funding the Working Capital Requirements of the Company
6.00
3
Purchase of medical equipments for hospitals of our Company and/or newly acquired or set up hospitals
9.13
4
Our inorganic growth initiatives through acquisitions and other strategic initiatives
6.20
5
General Corporate Expenses
4.97
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,62,00,000 shares
Post-IPO Promoter Holding
2,26,00,000 shares