Asarfi Hospital Limited IPO (Asarfi Hospital IPO)

Asarfi Hospital Limited IPO
Upcoming Asarfi Hospital IPO | New Asarfi Hospital IPO

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

Asarfi Hospital IPO – Details

IPO Opening Date17 July 2023
IPO Closing Date19 July 2023
Issue TypeBook Building Issue IPO
Issue Size51,80,000 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 Lot2000 Shares
Min Order2000 Shares (1 Lot)
Listing AtBSE SME
RegisterCameo Corporate Services Limited
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Asarfi Hospital IPO – Date Schedule

IPO Open Date17 July 2023
IPO Close Date19 July 2023
Basis of Allotment24 July 2023
Initiation of Refund25 July 2023
Credit of Shares to Demat Account25 July 2023
IPO Listing Date26 July 2023

Asarfi Hospital IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)120001,04,000
Retail (Maximum)120001,04,000
HNI (Minimum)240002,08,000

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.
Asarfi Hospital IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After Tax
31 March 202154.4049.633.53
31 March 202266.2058.485.73
31 March 202373.0362.148.02
Amount in ₹ Crore

Asarfi Hospital IPO Promoter Holding

Pre Issue Share Holding83.03%
Post Issue Share Holding

Asarfi Hospital IPO Prospectus

Company Contact Information

Asarfi Hospital Limited

Bishunpur Polytechnic,
Dhanbad – 828130

Phone: +91 96088 33708

Asarfi Hospital IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390

Asarfi Hospital IPO Lead Manager(s)

1. Hem Securities Limited

Asarfi Hospital IPO FAQs

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.
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