Yatharth Hospital and Trauma Care Services Limited IPO is set to launch on 26 July, 2023. The company initiated its business operations in the year 2008. The hospitals are located in Greater Noida, Noida and Noida Extension, Uttar Pradesh. The company has a 450 bed hospital in Noida Extension which is its biggest hospital.
The company’s hospitals are accredited by NABH. Some of its hospitals like the one in Noida Extension and Greater Noida are accredited with NABL as well. It recently acquired a hospital in Madhya Pradesh which is a 305 bed hospital. The hospital has 370 doctors in its fleet. The hospital is a centre of excellence in various fields like Centre of General Surgery, Centre of Medicine, Centre of Cardiology, Centre of Gastroenterology, Centre of Pulmonology, Centre of Nephrology and Urology, Centre of Paediatrics, Centre of Neurosciences, Centre of Orthopaedics, Centre of Gynaecology, etc.
Yatharth Hospital and Trauma Care Services Limited IPO DETAILS
Yatharth Hospital and Trauma Care Services Limited IPO is set to launch on 26 July, 2023. The subscription timeline extends till 28 July, 2023. The size for the IPO is 687 Crore Rs. Shares issued through fresh issue mode are worth 490 Crore Rs. Shares issued through offer for sale mode are worth Rs 197 Crore. The lot size is 50 shares and the price is 285 to 300 Rs per share. The company is going to get listed at both NSE and BSE. The face value per share is Rs.10 and this is a Book Built issue. The registrar for the company is Link Intime India Private Limited.
Tabular Description of Yatharth Hospital and Trauma Care Services Limited IPO
| IPO OPENING DATE | 26 July, 2023 |
| CLOSING DATE FOR IPO | 28 July, 2023 |
| ISSUE TYPE | Book Built Issue |
| Face Value per share | 10 Rs. per share |
| IPO price band | 285 Rs to 300 per share |
| LOT SIZE | 50 shares |
| MINIMUM ORDER QUANTITY | 50 shares |
| ISSUE SIZE | 697 Crore Rs. |
| OFFER FOR SALE | 197 Crore Rs. |
| FRESH ISSUE | 500 Crore Rs. |
| LISTING AT | NSE, BSE |
| LISTING DATE | 7 August, 2023 |
Yatharth Hospital and Trauma Care Services Limited IPO : IMPORTANT DATES
| IPO OPENING DATE | 26 July, 2023 |
| CLOSING DATE FOR IPO | 28 July, 2023 |
| IPO ALLOTMENT DATE | 2 August, 2023 |
| REFUNDS | 3 August, 2023 |
| DEMAT A/C CREDITED ON | 4 August, 2023 |
| IPO LISTING DATE | 7 August, 2023 |
Yatharth Hospital and Trauma Care Services Limited IPO begins for subscription from 26 July, 2023. The IPO subscription would continue till 28 July, 2023. The allotment status for the shareholders who applied would come on 2 August, 2023. The refunds for the ones who did not get allotment would be initiated on 3 August, 2023. The DEMAT accounts of shareholders would be credited on 4 August, 2023. The listing of the company would be completed on 7 August, 2023.
Yatharth Hospital and Trauma Care Services Limited IPO : Lead Managers
The lead managers are :
- Ambit Private Limited
- Intensive Fiscal Services Private Limited
- IIFL Securities Limited
The minimum lot size for the company is decided at 50 shares. This holding accounts to 15000 Rs.. The maximum lot size is decided at 650 shares. This amounts to 195000 Rs.. Hence the company’s final holdings would be set as :
| Shares | Amount | |
| Minimum | 500 shares | 15000 Rs. |
| Maximum | 650 shares | 195000 Rs. |
OBJECTIVES FOR THE IPO
- IPO proceeds would be used for general corporate purposes.
- The company will use the IPO money for further working capital requirements.
- The company will be using the IPO money for payment of its borrowings.
- The money will be used for building 2 hospitals :- Greater Noida Hospital and Noida Hospital.
COMPANY FINANCIALS
| Particularly (in Crore Rs.) | 2020-21 | 2021-22 | 2022-23 |
| ASSETS | 308 | 426 | 485 |
| Revenue | 229 | 403 | 523 |
| PAT | 19 | 44 | 65 |
Yatharth Hospital and Trauma Care Services Limited had an asset base of 308 Crore Rs in 2021 which increased to 426 Crore Rs in 2022 and 485 Crore Rs in 2023. The revenue of the firm was 229 Crore Rs in 2021 which increased massively to 403 Crore Rs in 2022 and 523 Crore Rs in 2023. The company has been profitable for the last three years. The profit of the firm was 19 Crore Rs in 2021, 44 Crore Rs in 2022 and 65 Crore Rs in 2023.
PROS
- Yatharth hospital Ltd. has its hospitals located in Greater Noida, Noida and Noida Extension, Uttar Pradesh. The company has a 450 bed hospital in Noida Extension which is its biggest hospital.
- The company’s hospitals are accredited by NABH. Some of its hospitals like the one in Noida Extension and Greater Noida are accredited with NABL as well.
- It recently acquired a hospital in Madhya Pradesh which is a 305 bed hospital.
- The hospital has 370 doctors in its fleet.
- The hospital is a centre of excellence in various fields like Centre of General Surgery, Centre of Medicine, Centre of Cardiology, Centre of Gastroenterology, Centre of Pulmonology, Centre of Nephrology and Urology, Centre of Paediatrics, Centre of Neurosciences, Centre of Orthopaedics, Centre of Gynaecology, etc.
CONS
- The company works in a highly competitive segment.
Yatharth Hospital and Trauma Care Services Limited IPO Application Process with Zerodha
It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :
- Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
- Click the Yatharth Hospital and Trauma Care Services Limited IPO button and press the BID button.
- Entering the details asked for like UPI ID, Quantity and price.
- Submit the application form for the IPO.
- Visiting the application of UPI for approving the transaction.
Now, applying for an IPO online is possible with most of the Discount and online brokers.
