Asarfi Hospital Limited provides healthcare facilities to the people of Jharkhand. The company was started by Nayan Prakash Singh and Harendra Singh in the name of their mother “Asarfi Devi“.
Asarfi Hospital is a 250 bedded multi-specialty hospital offering healthcare facilities to people for nearly two decades in Dhanbad, Jharkhand. The entity is Accredited by National Accreditation Board for Testing and Calibration Laboratories (NABL Accredited).
Asarfi Hospital operates with a dedicated team of doctors who are committed to offering their expert discretion and skills. As an integrated healthcare service provider, the company is committed towards delivering valued healthcare services to patients that include prevention, treatment, and proper rehabilitation.
To further the operations of the hospital, they are impaneled with several Government Agencies, Insurance and TPA providers, and Corporate Organizations for providing regular healthcare facilities to their employees.
Asarfi Hospital Limited has departments like Cardiology, General Medicine, Day Care Services, Paediatrics & Neonatology, Obstetrics & Gynaecology, Neurosciences, General Surgery, Gastroenterology, Pulmonology, Orthopaedics Plastic Surgery & Cosmetics, Nutrition & Dietetics, Oncology, Urology, Ophthalmology, Radiology, ENT, Dental, Nephrology, Physiotherapy, Emergency, Anaesthesiology & Critical Care, Pain Management and so on.
Asarfi Hospital IPO – Details
| IPO Opening Date | 17 July 2023 |
| IPO Closing Date | 19 July 2023 |
| Issue Type | Book Building Issue IPO |
| Issue Size | 51,80,000 Shares Worth ₹26.94 Crore Fresh Issue: 51,80,000 Shares Worth ₹26.94 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹51 to ₹52 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Cameo Corporate Services Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Asarfi Hospital IPO – Date Schedule
| IPO Open Date | 17 July 2023 |
| IPO Close Date | 19 July 2023 |
| Basis of Allotment | 24 July 2023 |
| Initiation of Refund | 25 July 2023 |
| Credit of Shares to Demat Account | 25 July 2023 |
| IPO Listing Date | 26 July 2023 |
Asarfi Hospital IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 2000 | 1,04,000 |
| Retail (Maximum) | 1 | 2000 | 1,04,000 |
| HNI (Minimum) | 2 | 4000 | 2,08,000 |
Competitive Strengths
- Well diversified and specialty service offerings;
- Quality healthcare services;
- Ability to attract, train and retain quality doctors, consultants and medical support staff;
- Track record of stable operating and financial performance and growth;
Company Promoters
- Harendra Singh
- Nayan Prakash Singh
- Udai Pratap Singh
- Madhuri Singh and Nitu Singh
Object Of The Issue
- Part Funding of Capital Expenditure of Cancer Hospital at Ranguni, Jharkhand.
- Acquiring Land on Leasehold basis for Health Management and Research Institute at Ranchi, Jharkhand.
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2021 | 54.40 | 49.63 | 3.53 |
| 31 March 2022 | 66.20 | 58.48 | 5.73 |
| 31 March 2023 | 73.03 | 62.14 | 8.02 |
Asarfi Hospital IPO Promoter Holding
| Pre Issue Share Holding | 83.03% |
| Post Issue Share Holding | – |
Asarfi Hospital IPO Prospectus
- Asarfi Hospital IPO DRHP
- Asarfi Hospital IPO RHP
Company Contact Information
| Asarfi Hospital Limited Baramuri, Bishunpur Polytechnic, Dhanbad – 828130 Phone: +91 96088 33708 Email: cs@asarfihospital.com Website: http://www.asarfi.in/ |
Asarfi Hospital IPO Registrar
| Cameo Corporate Services Limited Phone: +91-44-28460390 Email: priya@cameoindia.com Website: https://ipo.cameoindia.com/ |
Asarfi Hospital IPO Lead Manager(s)
| 1. Hem Securities Limited |
Asarfi Hospital IPO FAQs
| What is Asarfi Hospital IPO? Asarfi Hospital IPO is a SME IPO. The issue is priced at ₹51 to ₹52 per equity share. The IPO is to be listed on BSE SME. |
| When Asarfi Hospital IPO will open? The IPO is to open on 17 July 2023 for QIB, NII and Retail Investors. |
| How to Asarfi Hospital IPO? You can apply Asarfi Hospital 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 Asarfi Hospital IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Asarfi Hospital”. 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 Asarfi Hospital IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Asarfi Hospital”. 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 Asarfi Hospital IPO Size? Asarfi Hospital IPO size is ₹26.94 crores. |
| What is Asarfi Hospital IPO Price Band? Asarfi Hospital IPO Price Band is ₹51 to ₹52. |
| What is Asarfi Hospital IPO Minimum and Maximum Lot Size? The minimum bid is 2000 Shares with ₹1,04,000 amount while the maximum bid is 2000 shares with ₹1,04,000. |
| What is the Asarfi Hospital IPO Allotment Date? Asarfi Hospital IPO allotment date is 24 July 2023. |
| What is the Asarfi Hospital IPO Listing Date? Asarfi Hospital IPO listing date is 26 July 2023. The IPO is to list on BSE SME. |
