IPO Issue Details
Issue Price / Price Band₹52 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size51,80,000 shares (aggregating up to ₹26.94 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 17 Jul 2023
Subscription CloseWed, 19 Jul 2023
Anchor AllotmentSun, 16 Jul 2023
Basis of AllotmentMon, 24 Jul 2023
Initiation of RefundsTue, 25 Jul 2023
Credit of Shares to DematWed, 26 Jul 2023
Listing DateWed, 26 Jul 2023
UPI Mandate Deadline2023-07-19
Application & Investment Details
Retail — Min (1 Lots)₹1,04,000 — 2,000 shares
Retail — Max (13 Lots)₹1,352,000 (13 Lots)
HNI — Min (2 Lots)₹2,08,000 — 4,000 shares
EPS (Pre-IPO)₹7.58
P/E Ratio (Pre-IPO)12.78x
Net Offer to Public49,20,000 shares (aggregating up to ₹25.58 Cr)
Reserved for Market Maker2,60,000 shares (aggregating up to ₹1.35 Cr)
Pre-IPO Promoter Holding1,44,97,300 shares
Post-IPO Promoter Holding1,96,77,300 shares
About Asarfi Hospital Ltd.
Incorporated in 2005, Asarfi Hospital Limited provides healthcare facilities to the people of Jharkhand. The company was started by Nayan Prakash Singh and Harendra Singh in the name of their mother Asarfi Devi.Asarfi Hospital is a 250 bedded multi-specialty hospital offering healthcare facilities to people for nearly two decades in Dhanbad, Jharkhand. The entity is Accredited by National Accreditation Board for Testing and Calibration Laboratories (NABL Accredited).Asarfi Hospital operates with a dedicated team of doctors who are committed to offering their expert discretion and skills. As an integrated healthcare service provider, the company is committed towards delivering valued healthcare services to patients that include prevention, treatment, and proper rehabilitation.To further the operations of the hospital, they are impaneled with several Government Agencies, Insurance and TPA providers, and Corporate Organizations for providing regular healthcare facilities to their employees.Asarfi Hospital Limited has departments like Cardiology, General Medicine, Day Care Services, Paediatrics & Neonatology, Obstetrics & Gynaecology, Neurosciences, General Surgery, Gastroenterology, Pulmonology, Orthopaedics Plastic Surgery & Cosmetics, Nutrition & Dietetics, Oncology, Urology, Ophthalmology, Radiology, ENT, Dental, Nephrology, Physiotherapy, Emergency, Anaesthesiology & Critical Care, Pain Management and so on.
Objects of the Issue
Asarfi Hospital Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Part Funding of Capital Expenditure of Cancer Hospital at Ranguni, Jharkhand.
12.22
2
Acquiring Land on Leasehold basis for Health Management and Research Institute at Ranchi, Jharkhand
7.65
3
General corporate purposes
3.23
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,44,97,300 shares
Post-IPO Promoter Holding
1,96,77,300 shares