Aster DM Healthcare Ltd IPO

Add to Calendar 2018-02-12 12:00 AM 2018-02-15 12:00 AM Asia/Kolkata Aster DM Healthcare Ltd IPO Aster DM Healthcare Ltd India

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

 

Issue Detail

  • Issue Open: Feb 12, 2018
  • Issue Close: Feb 15, 2018
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 180 - Rs 190 Per Equity Share
  • Bid Lot:78 Shares
  • Minimum Order Quantity:78 Shares
  • Listing At: BSE, NSE
  • Issue Size: • Rs 725.00 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 10,317,229 7,737,922 18,055,151 - - 36,110,302
Day 1 - Feb 12, 2018IST 0.5000 0.1600 0.1500 - - 0.2500

Listing Day Trading Information

- BSE NSE
Issue Price Rs 190.00 Rs 190.00
Open Rs 182.10 Rs 183.00
Low Rs 176.45 Rs 176.30
High Rs 187.80 Rs 188.00
Last Trade Rs 179.85 Rs 181.55
Volume 1,826,090 10,499,965

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