IPO Issue Details
Issue Price / Price Band₹121 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size84,00,000 shares (aggregating up to ₹101.64 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 10 Aug 2021
Subscription CloseTue, 24 Aug 2021
Anchor AllotmentMon, 09 Aug 2021
Basis of AllotmentMon, 30 Aug 2021
Initiation of RefundsTue, 31 Aug 2021
Credit of Shares to DematTue, 31 Aug 2021
Listing DateWed, 01 Sep 2021
UPI Mandate Deadline2021-08-24
Application & Investment Details
Retail — Min (1 Lots)₹1,21,000 — 1,000 shares
Retail — Max (13 Lots)₹1,573,000 (13 Lots)
HNI — Min (2 Lots)₹2,42,000 — 2,000 shares
Net Offer to Public79,20,000 shares (aggregating up to ₹95.83 Cr)
Reserved for Market Maker4,80,000 shares (aggregating up to ₹5.81 Cr)
Pre-IPO Promoter Holding1,80,00,000 shares
Post-IPO Promoter Holding2,34,00,000 shares
Fresh Issue Shares49,20,000 shares (aggregating up to ₹59.53 Cr)
Offer for Sale Shares30,00,000 shares of ₹10 (aggregating up to ₹36.30 Cr)
About Aashka Hospitals Ltd.
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.Competitive strengthsLongstanding 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.
Objects of the Issue
Aashka Hospitals Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Repayment / prepayment, in full or part, of certain borrowings availed by thr Company;
20.00
2
2 Funding of our inorganic growth initiatives
28.54
3
3 General corporate purposes
15.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,80,00,000 shares
Post-IPO Promoter Holding
2,34,00,000 shares