Asarfi Hospital Limited

Offer PeriodJul 17, 2023 – Jul 19, 2023

BSE - SMEListed

Listed Price

₹98.80

+90.00%

Price Band₹51 - ₹52

Lot Size2,000 Shares

Allotment DateJul 24, 2023

Listing DateJul 26, 2023

Subscription195.14 Times

Issue Size₹26.94 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹43
(82.69%)

Premium (ELP)

Asarfi Hospital Limited's completed its IPO journey with a successful listing on BSE on Jul 26, 2023. The public offering mobilized 51,80,000 Shares in total capital, comprising 51,80,000 Shares in fresh equity.

The offering was conducted within the price band of ₹51 to ₹52, with minimum application lots of 2000 shares. Investor participation during the Jul 17, 2023 to Jul 19, 2023 subscription window determined the final allocation pattern.

The basis of allotment was announced on Jul 24, 2023, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

Asarfi Hospital IPO Details

IPO Date

Jul 17, 2023 to Jul 19, 2023

Allotment Date

Jul 24, 2023

List Date

Jul 26, 2023

Lot Size

2,000 share

Issue Price

₹51 - ₹52

Issue Size

51,80,000 (aggregating up to 26.94 Cr)

Fresh Issue

51,80,000 (aggregating up to 26.94 Cr)

Offer For Sale

Listing At

BSE

Share Holding Pre-Issue

1,44,97,300

Share Holding Post-Issue

1,96,77,300

Market Marker Portion

2,60,000

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.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	2000	1,04,000
HNI	2	4000	2,08,000

IPO Reservation

Shares51,80,000

QIB

47.49%(24,60,000)

NII (HNI)

14.25%(7,38,000)

RETAIL

33.24%(17,22,000)

Market Maker

5.02%(2,60,000)

Total

100.00%(51,80,000)

Asarfi Hospital IPO Key Performance Indicators

KPI	Values

KPI	Values
EPS	7.58
ROE	19.16
ROCE	19.91
RONW	19.91
PRE IPO(PE)	12.78
POST IPO(PE)	0

Company Financials (In Lakhs)

Period Ended	Mar 2021	Mar 2022	Mar 2023

Period Ended	Mar 2021	Mar 2022	Mar 2023
Assets	3,729.45	6,270.24	9,342.71
Revenue	5,439.90	6,619.54	7,303.26
Net Worth	1,689.90	2,262.73	4,184.26
Total borrowing	713.36	1,163.31	1,720.20
Profit after tax	353.43	572.84	801.53
Reserves and Surpluses	1,564.95	2,137.78	2,734.53

Asarfi Hospital IPO About Company

Incorporated in 2005, Asarfi Hospital Limited is a 250-bedded multi-specialty hospital in Dhanbad, Jharkhand, providing healthcare services for nearly two decades. Founded by Nayan Prakash Singh and Harendra Singh in memory of their mother Asarfi Devi, the hospital is NABL accredited and operates with a team of qualified doctors offering preventive care, treatment, and rehabilitation services. As an integrated healthcare provider, the company is empanelled with various Government agencies, Insurance/TPA providers, and corporate organizations to deliver regular medical services to their employees. The hospital offers a wide spectrum of medical specialties including Cardiology, General Medicine, Paediatrics & Neonatology, Obstetrics & Gynaecology, Neurosciences, General Surgery, Gastroenterology, Pulmonology, Orthopaedics, Cosmetic & Plastic Surgery, Oncology, Radiology, ENT, Dental, Urology, Nephrology, Emergency & Critical Care, Physiotherapy, Pain Management, Nutrition & Dietetics, and more.

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

✅Asarfi Hospital IPO Strength Factors

⚠️Asarfi Hospital IPO Risk Factors

🏦Asarfi Hospital IPO Lead Manager(s)

Hem Securities Limited

👤Asarfi Hospital IPO Promoter(s)

Harendra Singh
Harendra Singh
Udai Pratap Singh
Madhuri Singh
Nitu Singh

🏢Asarfi Hospital IPO Company Details

Asarfi Hospital Limited

Email:cs@asarfihospital.com

Phone:+91 96088 33708

Website:http://www.asarfi.in/

address:Baramuri, Bishunpur Polytechnic, Dhanbad - 828130

📋Asarfi Hospital IPO Registrar

Cameo Corporate Services Limited

Name:Cameo Corporate Services Limited

Phone:+91-44-28460390

Email:priya@cameoindia.com

Website:https://ipo.cameoindia.com/

❓Asarfi Hospital IPO FAQs

Asarfi Hospital IPO is a main-board IPO of 51,80,000 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹51 - ₹52 per share. The minimum order quantity is .The IPO opens on Jul 17, 2023, and closes on Jul 19, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Asarfi Hospital IPO using UPI as a payment gateway. Zerodha customers can apply in Asarfi Hospital IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Asarfi Hospital IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Asarfi Hospital IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Asarfi Hospital IPO opens on Jul 17, 2023 and closes on Jul 19, 2023.

You can apply in Asarfi Hospital IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Asarfi Hospital IPO will be done on Jul 24, 2023, and the allotted shares will be credited to your demat account by Jul 24, 2023

Asarfi Hospital IPO's listing date is Jul 26, 2023.

Asarfi Hospital Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹43(82.69%)

Premium (ELP)

₹43
(82.69%)