Aster DM Healthcare Ltd IPO

Aster DM Healthcare Ltd

Issue Open

Feb 12, 2018

Price Band

₹ 180 - ₹ 190

Issue Size

₹ 725.00 Cr

Credit of Shares to Demat


Issue Close

Feb 15, 2018

Bid Lot


Listing Exchange


Cut off time for UPI Mandate Confirmation


Issue Type

Book Built Issue IPO

Minimum Order Quantity


Allotment Details


Face Value

Rs 10 Per Equity Share

Listing On

Feb 06, 2018



About the company:

Introduction: Aster DM network is one the fastest growing conglomerate  providing full spectrum  of healthcare services across the Middle East, India and Far East. It has 19,593 employees, 2296  doctors with several JCI accredited Hospitals, clinics and Diagnostic Centres. In India the headquarters of the company is located in Kochi,Kerela.

Date of establishment: Aster DM network was established in the year 1987 by Azad Moopen

Product & Service Offering: Company’s end to end product and service portfolio includes hospitals, clinic, diagnostic centre and retail pharmacies.

Promoters of Aster DM Healthcare: Promoters of Aster DM Helathcare are Dr. Azad Moopen and UIPL (Union Investments Private Limited).

Customer segment: Company delivers healthcare facilities to patients across economic sections  under brand names including "Aster", "Medcare" and "Access".

Objects of the Issue: The aim of the proposal is both for the fresh issue by the company and selling of shares by existing shareholders. Fresh Issue of shares will be used for  funding existing debts, buying medical equipment and sundry corporate expenses.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (in Rs. million)
  31-Mar-17 31-Mar-16 31-Mar-15 (Proforma)
Total Assets 68,072.77 57,557.82 44,120.27
Total Revenue 59,679.02 52,751.63 38,990.49
Profit After Tax 2,667.47 82.11 2,721.07



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