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Yatharth Hospital and Trauma Care Services Limited IPO : Company Info.

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.

dhairya@socialcoffee.in