Aster DM Healthcare IPO Dates, Price Band, Market Lot Details

IPO Initial Public Offerings
Aster DM Healthcare is coming up with an ipo in January. The IPO size is around 1100 crore rupees. Aster DM Healthcare is one fo the largest healthcare service providers. They operates in GCC states based on the hospitals and clinics. The names of the GCC states comprise United Arab Emirates, Oman, Saudi Arabia, Qatar, Kuwait and Bahrain,in Jordan (which is classified as GCC Countries), in India and the Philippines. The GCC operations headquartered in Dubai, UAE and in India (Kerala). The company has over 17000 employees with 1000 plus full time doctors, over 5500 nurses, over 2100 paramedics and over 8000 other employees as well. As we see the healthcare sector has good to go in the coming years. One can subscribe with long term view.

Aster DM Healthcare IPO Review:

  • Avoid (Risky)

Aster DM Healthcare IPO Dates & Price Band: (Approx)

  • IPO Open: 12-February-2018
  • IPO Close: 15-February-2018
  • IPO Size: Approx Rs. 725 Crore (Approx)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 180 to 190 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity:  1,16,76,740 Shares

Aster DM Healthcare IPO Market Lot:

  • Shares: Apply for 78 Shares (Minimum Lot Size)
  • Amount: Rs.14,820

Aster DM Healthcare IPO Allotment & Listing:

  • Basis of Allotment: 22-February-2018
  • Refunds: 22-February2018
  • Credit to demat accounts: 23-February-2018
  • Listing: 26-February-2018

Aster DM Healthcare Financial:
The company is doing good business overall which shows in their financial results. The company has reported a downfall in 2016 in PAT while it comes up sharply in 2017. We should wait for 2018 results which will be good to see how it reports. As per the last few years the net margin increased as well so 2018 will have a good results coming up.

Rs. in Crore
20132014201520162017
Revenues19392890389952765968
Expenses17882579359352376275
PAT91.78177.78272.118.21266.75

Company Promoters:

  • DR. AZAD MOOPEN
  • UNION INVESTMENTS PRIVATE LIMITED

Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

Aster DM Healthcare IPO Registrar:
Link Intime India Private Limited
Tel: +91 22 4918 6200
Fax: +91 22 4918 6195
E-mail: [email protected]
Investor grievance email: [email protected]
Website: www.linkintime.co.in

Aster DM Healthcare IPO Lead Managers:

  • Axis Bank Limited
  • Goldman Sachs (India) Securities Private Limited
  • ICICI Securities Limited
  • JM Financial Consultants Private Limited
  • Kotak Mahindra Capital Company Limited
  • Yes Securities (India) Limited

Company Address:
Aster DM Healthcare Limited
IX/475L, Aster Medcity
Kuttisahib Road
Near Kothad Bridge
South Chittoor P.O.
Cheranalloor, Kochi – 682 027
Ernakulam, Kerala, India
Tel: +91 484 6699 999
E-mail: [email protected]
Website: www.asterdmhealthcare.com

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    0 Responses

    1. The results are fine and its given in the RHP. The other income included in 2017 which shows the result positive even though the expenses are higher than revenue.

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