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Aashka Hospitals Limited Logo

Aashka Hospitals Limited

Aug 10, 2021 – Aug 24, 2021
Listed Price:
₹121.10
(+0.08%)
Price Band₹121 - ₹121
Lot Size1,000 Shares
Allotment DateAug 30, 2021
Listing DateSep 01, 2021
Subscription-
Issue Size₹101.64 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

Aashka Hospitals Limited's has transitioned to a publicly listed entity following its IPO debut on Sep 01, 2021 at the BSE exchange. The public offering successfully raised 84,00,000 Shares, consisting of 54,00,000 Sharesin new capital and ₹36.30 Cr in existing shareholder sales.

The IPO featured a competitive price range of ₹121 to ₹121 and minimum application size of 1000 shares. Market reception was evidenced through subscription activity between Aug 10, 2021 and Aug 24, 2021, reflecting investor appetite for the offering.

Allotment of shares was completed on Aug 30, 2021, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.

Aashka Hospitals IPO Details
IPO Date
:
Aug 10, 2021 to Aug 24, 2021
Allotment Date
:
Aug 30, 2021
List Date
:
Sep 01, 2021
Lot Size
:
1,000 share
Issue Price
:
₹121 - ₹121
Issue Size
:
84,00,000 (aggregating up to 101.64 Cr)
Fresh Issue
:
54,00,000 (aggregating up to 65.34 Cr)
Offer For Sale
:
30,00,000 (aggregating up to 36.30 Cr)
Listing At
:
BSE
Share Holding Pre-Issue
:
1,80,00,000
Share Holding Post-Issue
:
2,34,00,000
Market Marker Portion
:
4,80,000
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares84,00,000
Market Maker
5.71%(4,80,000)
NII (HNI)
47.14%(39,60,000)
RETAIL
47.14%(39,60,000)
Total
100.00%(84,00,000)
Aashka Hospitals IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials (In Lakhs)
Aashka Hospitals IPO About Company

Incorporated in 2012, Aashka Hospital is a Gujarat-based integrated healthcare provider offering a wide range of medical services including cardiology, neurology, neurosurgery, nephrology, orthopedics, pediatrics, neonatology, dermatology, radiology, dentistry, obstetrics and gynecology, and more. The hospital focuses on delivering quality healthcare through modern medical practices and state-of-the-art infrastructure for both medical and surgical treatments, and during the COVID-19 pandemic, it operated as a designated COVID-19 treatment hospital and successfully treated over 2,000 patients.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Aashka Hospitals IPO Strength Factors
  1. Strong Brand Presence: Longstanding market presence with strong brand equity.
  2. Diverse Services: Offers a wide and well-diversified range of specialty services.
  3. Quality Medical Team: Backed by skilled and reputed medical practitioners.
  4. Accredited Healthcare: NABH certified and part of the Ayushman Bharat scheme.
⚠️Aashka Hospitals IPO Risk Factors

NA

🏦Aashka Hospitals IPO Lead Manager(s)
Fedex Securities Private Limited
👤Aashka Hospitals IPO Promoter(s)
  1. Bipinchandra Shah
🏢Aashka Hospitals IPO Company Details

Aashka Hospitals Limited

Phone:+91-7575009000
address:Between Sargasan & Reliance Cross Road, Sargasan, Gandhinagar - 382421
📋Aashka Hospitals IPO Registrar

Accurate Securities & Registry Private Limited

Name:Accurate Securities & Registry Private Limited
Phone:+91-79-48000319
❓Aashka Hospitals IPO FAQs
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