Aashka Hospitals IPO is opening for subscription from 04 August 2021. The company aims for an issue size of ₹101.64 Crore through this Fixed price issue IPO.
Also read: IPO List 2021: a complete list of IPOs in 2021
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Aashka Hospitals Limited
Incorporated in 2012, Aashka Hospital, the Gujarat-based hospital is an integrated healthcare service provider that offers the best quality of healthcare facilities including prevention, best treatment, and rehabilitation.It serves a range of healthcare services i.e. Cardiology, neurology, neurosurgery, nephrology, anesthesiology, orthopedics, pediatric services, neonatology services, dermatology, radiology, dentistry, obstetrics, and gynecology, and more.
It serves patients with ultra-modern medicinal practices and state-of-the-art infrastructure for medical as well as surgical care solutions. Amid COVID-19, it has set up a designated COVID-19 Treatment hospital and treated 2,000+ patients.
Objects of the Issue
- Repayment/ prepayment of company’s borrowings fully or partially.
- Funding inorganic growth initiatives.
- General corporate purposes.
- Longstanding market presence and strong brand equity.
- A comprehensive range of well-diversified and specialty service offerings.
- A team of best quality medical practitioners to provide quality services.
- Certified by National Accreditation Board for Hospitals and Healthcare Providers and a part of Ayushman Bharat.
Basic details about the company
|Full name||Aashka Hospitals Limited|
|Industry||Hospital & Healthcare services|
Aashka Hospitals IPO Details
|IPO Opening Date||Aug 10, 2021|
|IPO Closing Date||Aug 13, 2021|
|Issue Type||Fixed Price Issue IPO|
|Issue Size||8,400,000 Eq Shares of ₹10|
(aggregating up to ₹101.64 Cr)
|Fresh Issue||5,400,000 Eq Shares of ₹10|
(aggregating up to ₹65.34 Cr)
|Offer for Sale||3,000,000 Eq Shares of ₹10|
(aggregating up to ₹36.30 Cr)
|Face Value||₹10 per equity share|
|IPO Price||₹121 per equity share|
|Market Lot||1000 Shares|
|Min Order Quantity||1000 Shares|
|Listing At||BSE SME|
|Particulars||For the year/period ended (₹ in Lakh)|
|Profit After Tax||411.39||137.91||136.27|
- Bipinchandra Shah
- Fedex Securities Limited
Aashka Hospitals IPO Registrar
Accurate Securities & Registry Private Limited
203, Shangrilla Arcade,
Above Samsung Showroom Shyamal Cross Road,
Satellite Ahmedabad – 380015, Gujarat
Company Contact Information
Aashka Hospitals Limited
Between Sargasan & Reliance Cross Road, Sargasan,
Gandhinagar – 382421
Aashka Hospitals IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make a wise decision.