Yatharth Hospit. IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Yatharth Hospit.

CMP

677.85

+18.80 (2.85%)

₹300

Offer Price

₹ 686.55 Cr

Issue Size

₹ 15,000

Min Investment

36.16x

Times Subscribed

50

Lot size

Time Line

  • 26
    Jul 2023
    Open
  • 28
    Jul 2023
    Close
  • 02
    Aug 2023
    Finalisation of Basis of Allotment
  • 03
    Aug 2023
    Initiation of Refunds
  • 04
    Aug 2023
    Transfer of Shares to Demat Account
  • 07
    Aug 2023
    Listing Date

Shares Offered

Number of Times Subscribed

Objects of the Offer

  • Continue to improve its quality of care and operational efficiencies.

  • Introduce new specialties at existing hospitals.

  • Augment scale through organic and inorganic manner in current markets and expand into adjacent regions.

  • Continue to attract, engage and train prominent, skilled doctors and other healthcare professionals.

  • Further leverage technology to grow its operations.

Strengths

  • Among the leading super-specialty hospital in Delhi NCR with diverse specialty and payer mix.

  • Advanced and high-end medical equipment and technology.

  • Ability to attract quality doctors, nurses, paramedical, and other staff.

  • Experienced and qualified professional management team with strong execution track record.

  • Track record of stable operating and financial performance and growth.

Risks

  • The Hospital is highly dependent on doctors, nurses and other healthcare professionals and its business and financial performance will be impacted significantly if the Hospital unable to attract, retain or train such professionals.

  • As a healthcare provider, the ongoing COVID-19 pandemic, stringent restrictions to slow down the Hospital spread and its resulting impact is uncertain, may be significant and continue to have an adverse effect on its business, operations and the Hospital future financial performance.

  • The Hospital operations are concentrated in the Delhi NCR region. Its also significantly dependent on certain specialties for a majority of the Hospital revenues. Any impact on the revenues from these hospitals or earnings from its top specialties could materially affect the Hospital business, financial condition, results of operations and cash flows.

  • The Hospital business depends on the strength of its brand and reputation. Failure to maintain and enhance its brand and reputation, and any negative publicity and allegations in the media against it, may materially and adversely affect the level of market recognition of, and trust in, the Hospital services, which could result in a material adverse impact on its business, financial condition, results of operations and prospects.

  • Because of the risks typically associated with the operation of medical care facilities, patients may contract serious communicable infections or diseases at its facilities.

Company Promoters

Promoters Holding

Issue For IPO
56.37%
Pre Holding

56.37%

Post Holding

-

Top Promoters Holding

Financials

All values in Cr

Mar-2021 Mar-2022 Mar-2023 3-Yr trend
Revenue 228.67 (56.60%) 400.94 (75.30%) 520.29 (29.80%)
Gross Profit 48.68 (158.90%) 90.97 (86.90%) 115.19 (26.60%)
Net Income 18.16 (1,496.90%) 44.16 (143.20%) 65.77 (48.90%)
Assets 274.14 (7.20%) 381.64 (39.20%) 451.68 (18.40%)
Liabilities 201.68 (0.10%) 264.75 (31.30%) 268.71 (1.50%)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Yatharth Hospital & Trauma Care Services Ltd 520.29 65.77 451.68 268.71 35.95 10.04 27.93 4.48 0.59
Apollo Hospitals Enterprise Ltd 16,612.50 819.10 14,427.80 14,427.80 13.21 56.97 454.19 5.67 0.44
Fortis Healthcare Ltd 6,297.63 588.73 12,433.60 12,433.60 8.12 7.80 107.30 4.73 0.10
Narayana Hrudayalaya Ltd 4,524.76 606.25 4,162.09 4,162.09 28.44 29.85 104.35 14.56 0.36
Max Healthcare Institute Ltd 4,562.60 1,103.51 10,101.85 10,101.85 14.89 11.36 76.31 10.92 0.08
Krishna Institute of Medical Sciences Ltd 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Healthcare Global Enterprises Ltd 1,691.41 29.35 2,316.02 2,316.02 3.41 2.10 62.50 1.26 0.46
Global Health Ltd 2,694.25 326.08 4,115.96 4,115.96 13.42 12.57 90.54 7.92 0.35

Book Running Managers

  • Intensive Fiscal Services Pvt Ltd
  • Ambit Pvt Ltd
  • IIFL Securities Ltd

Registrar & Transfer Agent

Link Intime India Pvt Ltd

C-101 247 Park,
L B S Marg,
Vikhroli West - Mumbai-400083
Phone : 91-22-49186000 Fax: 91-22-49186060

Company Contact Information

JA 108 DLF Tower A,
Jasola District Centre,
New Delhi - 110025
Phone : 91-11-4996 7892 Email : cs@yatharthhospitals.com www.yatharthhospitals.com

Offer Related Information

Initial public offer of 22,885,023^ equity shares of face value of Rs. 10 each ("Equity Shares") of Yatharth Hospital & Trauma Care Services Limited (the "Company" or the "Issuer") for cash at a price of Rs. 300 per equity share (including a share premium of Rs. 290 per equity share) ("Offer Price") aggregating to Rs. 686.55^ crores (the "Offer") comprising a fresh issue of 16,333,333^ equity shares aggregating to Rs. 490.00* crores by the company (the "Fresh Issue") and an offer for sale of... More

News

  • No Data Found.

Yatharth Hospit. FAQ's

The shares of Yatharth Hospit. were first listed on the stock exchanges on June 26, 2024.

The total issue size of the Yatharth Hospit. IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they

The minimum lot size for Yatharth Hospit. public issue was 125 shares.

The price band of the IPO of Yatharth Hospit. was Rs. 114 to Rs. 120 per equity share.

Yatharth Hospit. IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.

Bigshare Services Private Limited is the registrar and share transfer agent of Yatharth Hospit. IPO.

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