Yatharth Hospital & Trauma Care Services Limited is all set to embark on its exciting journey into the stock market through an upcoming Initial Public Offering (IPO). In this book built issue, the company will be offering equity shares to interested investors from July 26th to July 28th, 2023. Shares are priced at ₹285 to ₹300 per share , and the minimum order quantity is 50 shares.
With a face value of Rs. 10, the IPO will feature the sale of its shares, presenting a remarkable opportunity for Yatharth Hospital & Trauma Care Services Limited. This offering has the potential to raise funds of up to ₹490 crore, paving the way for their future growth and expansion. Discover more about their initial public offering scheduled for July of 2023 here.
About Yatharth Hospital & Trauma Care Services Limited
Yatharth Hospital and Trauma Care Services Limited, established in 2008, is a leading multi-care hospital chain in Delhi NCR. With three super specialty hospitals in Noida, Greater Noida, and Noida Extension, they offer exceptional healthcare services. The Noida Extension Hospital boasts 450 beds and is among the largest in the area. Recently, the company expanded its reach with a 305-bedded multi-specialty hospital in Orchha, Madhya Pradesh. A team of 370 skilled doctors provides healthcare across various specialties and super specialties. Discover excellence at their Centres of Excellence, spanning Medicine, General Surgery, Gastroenterology, Cardiology, Nephrology & Urology, Pulmonology, Neurosciences, Paediatrics, Gynaecology, Orthopaedics, and Spine & Rheumatology.
Yatharth Hospital IPO Issue Details
| Issue Type | Book Built IPO Issue |
| Issue Opens | 26th July 2023 |
| Issue Closes | 28th July 2023 |
| Face Value | Rs 10 Per Share |
| Issue Price | Rs 285 to Rs 300 Per Share |
| Issue Size | Rs 490 crores |
| Minimum Order Quantity | 50 Shares |
| Listing | BSE, NSE |
Purpose of the Issue
The Net Proceeds from the Fresh Issue will be utilized as follows:
- Repayment/Prepayment of certain Company borrowings.
- Repayment/Prepayment of certain Subsidiaries’ borrowings, namely, AKS Medical & Research Centre Private Limited and Ramraja Multispeciality Hospital & Trauma Centre Private Limited.
- Funding capital expenditure for Noida Hospital and Greater Noida Hospital.
- Funding capital expenditure for AKS and Ramraja Subsidiaries’ respective hospitals.
- Enabling inorganic growth initiatives through acquisitions and strategic endeavors.
- General corporate purposes.
The Company aims to strategically allocate the funds to enhance operations, strengthen financial stability, and foster future growth opportunities.
Yatharth Hospital & Trauma Care Services Limited — Company Contact Details
- Registered & Corporate Office: JA 108 DLF Tower A, Jasola District Centre, South Delhi, Delhi – 110 025
- Telephone: +91 11 4996 7892
- Website: https://www.yatharthhospitals.com/
Yatharth Hospital IPO – Lead Managers of the Issue
Intensive Fiscal Services Private Limited
- Office Address: 131, Mittal Tower,13th Floor, ‘C’ Wing, Nariman Point, Mumbai – 400 021
- Telephone: +91 22 2287 0443
- Email: gokulipo@intensivefiscal.com
Ambit Private Limited
- Office Address: Ambit House, 449, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013
- Telephone: 022 3982 1819
- Email: gnaipo@ambitpte.com
Iifl Securities Ltd
- Office Address: Kamala City, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400013
- Telephone: 022-40071000
- Email: cs@iifl.com
Yatharth Hospital IPO – Registrar of the Issue
Link Intime India Private Ltd
- Telephone: +91-22-4918 6270
- Email: yatharth.ipo@linkintime.co.in
- Website: https://linkintime.co.in/mipo/ipoallotment.html
Yatharth Hospital & Trauma Care Services Limited IPO Issue Prospectus
Click here to read the Final Prospectus of this IPO Issue.
Disclaimer: Investingly just provides basic information as update about the issues. Investingly never gives advices or recommendations to anyone. Investments into securities are subject to market risk. Please read the offer and issue documents carefully before investing. It is also advised to consult your financial advisor for necessary suggestions.
