Aashka Hospitals Limited

Aashka Hospitals Limited IPO Review

Aashka Hospitals is affirmed by National Accreditation Board for Hospitals and Healthcare Providers (NABH Accredited) for tertiary and apical consideration level medical clinic in Gujarat. It is a coordinated medical care specialist organization. 

The organization is related with organizations, associations, colleges and establishments for giving ordinary medical care examination offices to their workers and their post-graduation understudies at reasonable rates. 

It has gone into Memorandum of Understanding with Blood Banks like M/s. Shraddhadeep Blood Bank and M/s Sanjivani Blood Bank (Vol.) and Apheresis Center. Likewise, it has affiliations and affiliations with significant insurance agencies

Subscription Dates10 – 24 August 2021 (issue date extended)
Price BandINR121 per share
Fresh issue84,00,000 shares (INR101.64 crore)
Offer For SaleNil
Total IPO size84,00,000 shares (INR101.64 crore)
Minimum bid (lot size)1,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME platform

 

FY2019

FY2020

FY2021

Revenue

2,772.55

2,725.14

4,069.23

Expenses

2,636.28

2587.23

3657.84

Net income

136.27

137.91

411.39

Net margin (%)

4.9

5.1

10.1

Earnings Per Share (EPS): INR2.29
Price/Earnings (PE ratio): 52.84
Return on Net Worth (RONW): 14.07%
Net Asset Value (NAV): INR16.25 per share

Listing Performance of Aashka Hospitals Limited IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Aashka Hospitals Limited

Sep 1, 2021

121

115.05

-4.92%

NSE : NA

BSE : 543346

ISIN CODE : INE0EAX01014

IPO Opening Date: 10 August 2021
IPO Closing Date: 24 August 2021
Listing Date: Coming soon
Opening Price on BSE SME: Coming soon
Closing Price on BSE SME: Coming soon

Aashka Hospitals Limited
Between Sargasan & Reliance Cross Road Sargasan
Gandhinagar – 382421, Gujarat
Phone: +91 7575009000
Email: cs@aashkahospitals.in
Website: www.aashkahospitals.in

Accurate Securities & Registry Private Limited
203, Shangrila Arcade, Above Samsung Showroom, Near Shyamal Cross Road, Satellite, Ahmedabad – 380015
Phone: +91 079 48000319
Email: : investor@accuratesecurities.com
Website: www.accuratesecurities.com

DaySubscription (no. of times)
Day 1

0.12

Day 2

0.18

Day 3

0.25

Day 4

0.37

Day 5

0.57

Aashka Hospitals Limited IPO FAQ's

The Aashka Hospitals Limited IPO is a SME IPO of ₹121 per equity share with a face value of ₹10 per equity share. 

The issue size is priced at 8,400,000 equity shares of ₹10 (aggregating up to ₹101.64 Crore). The fresh issue size priced at 5,400,000 equity shares of ₹10( aggregating up to ₹65.34 Crore).

The initial public offering (IPO) begins on August 10, 2021 and ends on August 24, 2021.

The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME

The Aashka Hospitals Limited IPO opens on Aug 10, 2021 and closes on Aug 24, 2021. The IPO Issue date may list on Sep 1, 2021.

The Aashka Hospitals Limited IPO Market lot size is 1000 Shares and the minimum order quantity is 1000 Shares.

The finalization of Basis of Allotment for Aashka Hospitals Limited IPO will be done on Aug 30, 2021, and the allotted shares will be credited to your demat account by Aug 31, 2021. Check the Aashka Hospitals Limited IPO status.

The Aashka Hospitals Limited IPO listing date is on Sep 1, 2021.

Aashka Hospitals Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Aashka Hospitals Limited IPO Comments