Aatmaj Healthcare Limited runs multi-specialty hospitals, under the name Jupiter Hospitals, offering medical care at affordable rates.
The company provides inpatient and outpatient healthcare services through its hospitals in Vadodara, Gujarat with an aggregate bed capacity of 130 beds extendable up to 175 beds. As on December 31, 2022, they have conducted an aggregate healthcare treatment, including surgeries, of over 17,000 patients, consisting of more than 4,000 patients and more than 13,000 OPD patients including Covid-19 Patients.
The company’s primary check-up services include hemoglobin check, lipid profile, general tests, renal profile, blood sugar, MCV, ESR, MCH, MCHC, liver profile, and lipid profile.
Aatmaj Healthcare specializes in Nephrology and Uro surgery/Vascular surgery, Orthopedics, Joint replacement, Polytrauma care, Obstetric, Gynaecology, ENT, Ophthalmology, Plastic Surgery, and Neuro Surgery.
The company is a part of Ayushman Bharat-Pradhan Mantri Jan ArogyaYojana, a flagship scheme of the Government of India which was launched and recommended by the National Health Policy 2017, to achieve the vision of universal health coverage (UHC).
Aatmaj Healthcare IPO – Details
| IPO Opening Date | 19 June 2023 |
| IPO Closing Date | 21 June 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 64,00,000 Shares Worth ₹38.40 Crore Fresh Issue: 64,00,000 Shares Worth ₹38.40 Crore |
| Face Value | ₹5 per equity share |
| IPO Price | ₹60 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Ltd |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Aatmaj Healthcare IPO – Date Schedule
| IPO Open Date | 19 June 2023 |
| IPO Close Date | 21 June 2023 |
| Basis of Allotment | 26 June 2023 |
| Initiation of Refund | 27 June 2023 |
| Credit of Shares to Demat Account | 29 June 2023 |
| IPO Listing Date | 30 June 2023 |
Aatmaj Healthcare IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 2000 | 1,20,000 |
| Retail (Maximum) | 1 | 2000 | 1,20,000 |
| HNI (Minimum) | 2 | 4000 | 2,40,000 |
Competitive Strengths
- ⮚Experienced Management team of Medical Practitioners;
- Provision of quality healthcare services;
- Ability to attract, train and retain quality doctors, consultants and medical support staff;
- Clinical excellence and affordable health care;
- Ability to grow their presence in adjacent Markets;
- Improving operational efficiency.
Company Promoters
- Dr. Tushar Suvagiya
- Dr. Subhash Padmani
- Dr. Ravi Apte
Object Of The Issue
- Repayment/Prepayment in full or part of existing secured debt of the Company.
- Working Capital Requirements.
- Purchase of medical equipments for hospitals of the Company and/or newly acquired or set up hospitals.
- Company’s inorganic growth initiatives through acquisitions and other strategic initiatives.
- General Corporate Purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 4.36 | 4.54 | -0.27 |
| 31 March 2021 | 17.26 | 12.80 | 4.12 |
| 31 March 2022 | 21.80 | 14.96 | 4.92 |
| 30 September 2022 | 13.44 | 9.42 | 2.90 |
Aatmaj Healthcare IPO Promoter Holding
| Pre Issue Share Holding | 88.89% |
| Post Issue Share Holding | 63.72% |
Aatmaj Healthcare IPO Prospectus
Company Contact Information
| Aatmaj Healthcare Limited Jupiter Hospital, Opp. ICAI Bhavan, Sunpharma Ataladra Road, Vadodara – 390012 Phone: +91 9714059465 Email: cs@jupiterhospitalvadodara.com Website: https://www.jupiterhospitalvadodara.com/ |
Aatmaj Healthcare IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: aatmajhealthcare.smeipo@linkintime.co.in Website: https://linkintime.co.in/ |
Aatmaj Healthcare IPO Lead Manager(s)
| 1. Nirbhay Capital Services Private Limited |
Aatmaj Healthcare IPO FAQs
| What is Aatmaj Healthcare IPO? Aatmaj Healthcare IPO is a SME IPO. The issue is priced at ₹60 per equity share. The IPO is to be listed on NSE SME. |
| When Aatmaj Healthcare IPO will open? The IPO is to open on 19 June 2023 for NII and Retail Investors. |
| How to Aatmaj Healthcare IPO? You can apply Aatmaj Healthcare IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Aatmaj Healthcare IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Aatmaj Healthcare”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Aatmaj Healthcare IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Aatmaj Healthcare”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Aatmaj Healthcare IPO Size? Aatmaj Healthcare IPO size is ₹38.40 crores. |
| What is Aatmaj Healthcare IPO Price Band? Aatmaj Healthcare IPO Price Band is ₹60. |
| What is Aatmaj Healthcare IPO Minimum and Maximum Lot Size? The minimum bid is 2000 Shares with ₹1,20,000 amount while the maximum bid is 2000 shares with ₹1,20,000. |
| What is the Aatmaj Healthcare IPO Allotment Date? Aatmaj Healthcare IPO allotment date is 26 June 2023. |
| What is the Aatmaj Healthcare IPO Listing Date? Aatmaj Healthcare IPO listing date is 30 June 2023. The IPO is to list on NSE SME. |
