Equity shares in Aatmaj Healthcare Limited will be issued via fixed price issue in the company’s Initial Public Offering (IPO). The initial public offering (IPO) for Aatmaj Healthcare Limited is set for the week of June 19 – June 21, 2023.The issue is priced at ₹60 per share. The minimum order quantity is 4000 Shares. With a face value of Rs. 5, each of the 6,400,000 shares up for sale in the IPO may bring in as much as 38.40 Cr. for the company. Let’s learn more about their initial public offering scheduled for June of 2023.
About Aatmaj Healthcare Limited
Aatmaj Healthcare Limited, founded in 2014, operates multi-specialty hospitals under the brand Jupiter Hospitals, which provide medical services at reasonable prices. Through its facilities in Vadodara, Gujarat, the company provides inpatient and outpatient healthcare services with a total bed capacity of 130 beds that may be expanded to 175 beds. As of December 31, 2022, they had treated over 17,000 patients in total, including over 4,000 patients and over 13,000 OPD patients, including Covid-19 patients.
Aatmaj Healthcare focuses on Nephrology and Urology/Vascular Surgery, Orthopedics, Joint Replacement, Polytrauma treatment, Obstetrics, Gynecology, ENT, Ophthalmology, Plastic Surgery, and NeuroSurgery. The company is a part of the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana, a flagship initiative of the Government of India launched and approved by the National Health Policy 2017 in order to attain the aim of universal health coverage (UHC).
Aatmaj Healthcare Limited IPO Issue Details
| Issue Type | Fixed Price IPO Issue |
| Issue Opens | 19th June 2023 |
| Issue Closes | 21st June 2023 |
| Face Value | Rs 5 Per Share |
| Issue Price | Rs 60 Per Share |
| Issue Size | 6,400,000 Shares (Rs 38.40 crores) |
| Minimum Order Quantity | 2000 Shares |
| Listing | NSE, SME |
Purpose of the Issue
The company aims to use the net revenues of the offering to fund the following projects:
- Repayment/prepayment in full or in portion of the company’s existing secured debt.
- Working capital is required.
- Purchase of medical equipment for the company’s hospitals and/or newly acquired or established hospitals.
- Acquisitions as well as other strategic efforts.
- General corporate expenses and issue expenses.
Aatmaj Healthcare Limited — Company Contact Details
- Registered & Corporate Office: Jupiter Hospital, Opp. ICAI Bhavan, Sun Pharma Atladra Road, Vadodara – 390012
- Telephone: +91 9714059465
- Website: https://www.jupiterhospitalvadodara.com/
Aatmaj Healthcare Limited IPO – Lead Managers of the Issue
Nirbhay Capital Services Private Limited
- Office Address: 201, Maruti Crystal, Opp. Rajpath Club, S.G. Highway, Bodakdev, Ahmedabad380054, Gujarat, India
- Telephone: +91 79 48970649
- Email: akshesh@nirbhaycapital.com
Vilin Bio Med Limited IPO – Registrar of the Issue
Link Intime India Private Ltd
- Telephone: +91-22-4918 6270
- Email: aatmajhealthcare.smeipo@linkintime.co.in
- Website: https://linkintime.co.in/
Aatmaj Healthcare 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.
