Aatmaj Healthcare IPO Details ( Aatmaj Healthcare Limited IPO Review )
(19 Jun 2023 – 21 Jun 2023)
Aatmaj Healthcare, also known as Jupiter Hospitals, is a healthcare organization that was established in 2014. Their mission is to provide high-quality medical care at affordable rates.
With hospitals located in Vadodara, Gujarat, Aatmaj Healthcare offers a wide range of services for both inpatients and outpatients. Their hospitals have a capacity of 130 beds, which can be extended to 175 beds if needed. As of December 31, 2022, they have treated over 17,000 patients, including more than 4,000 surgical cases and over 13,000 outpatient visits, including patients with Covid-19.
Aatmaj Healthcare focuses on various specialties, such as Nephrology, Uro surgery/Vascular surgery, Orthopedics, Joint replacement, Polytrauma care, Obstetric, Gynaecology, ENT, Ophthalmology, Plastic Surgery, and Neuro Surgery. They have a team of skilled doctors and healthcare professionals dedicated to delivering top-notch medical care.
One of the key services offered by Aatmaj Healthcare is comprehensive health check-ups. They provide a range of tests including hemoglobin check, lipid profile, general tests, renal profile, blood sugar, MCV, ESR, MCH, MCHC, liver profile, and lipid profile. These check-ups help in early detection and prevention of diseases, ensuring overall well-being.
Aatmaj Healthcare is proud to be a part of Ayushman Bharat-Pradhan Mantri Jan ArogyaYojana, a flagship scheme of the Government of India. This scheme aligns with the National Health Policy 2017 and aims to achieve universal health coverage (UHC) for all citizens. By being a part of this initiative, Aatmaj Healthcare is committed to making quality healthcare accessible to a wider population.
Aatmaj Healthcare Limited IPO Competitive Strength
- Quality standards
- Experienced and professional management team
- Well diversified and specialty service offerings
- Ability to attract, train and retain quality doctors, consultants and medical support staff
Aatmaj Healthcare IPO Financials Performance ( Results )
Aatmaj Healthcare Limited Financial Information ( Restated Standalone )
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 932.82 | 435.69 | (27.03) | (0.50) | (93.34) | (6.91) | (228.34) | 876.26 |
| 31-Mar-21 | 979.97 | 1,725.89 | 412.19 | 7.63 | 318.85 | 23.62 | 183.85 | 433.39 |
| 31-Mar-22 | 1,719.62 | 2,180.88 | 492.07 | 9.11 | 810.92 | 60.07 | 675.92 | 517.52 |
| 30-Sep-22 | 2,323.49 | 1,342.19 | 290.93 | 5.39 | 1,101.85 | 20.40 | 561.85 | 893.61 |
Objective of IPO Issue
- Repayment/Prepayment in full or part of the existing secured debt of the company
- Working Capital Requirements
- Purchase of medical equipment for hospitals of the company and/or newly acquired or set-up hospitals
- Acquisitions and other strategic initiatives
- General Corporate Expenses and Issue expenses
Aatmaj Healthcare IPO Basic Details
| IPO Date | Jun 19, 2023 to Jun 21, 2023 |
| Listing Date | Friday, June 30, 2023 |
| Face Value | ₹5 per share |
| Price | ₹60 per share |
| Lot Size | 2000 Shares |
| Issue Size | 6,400,000 shares (aggregating up to ₹38.40 Cr) |
| Fresh Issue | 6,400,000 shares (aggregating up to ₹38.40 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Dr. Tushar Suvagiya, Dr. Subhash Padmani & Dr. Ravi Apte |
Aatmaj Healthcare IPO Reservation
| NII Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Aatmaj Healthcare IPO Timetable
Aatmaj Healthcare IPO will open on June 19, 2023 and close on June 21, 2023. You can join Aatmaj Healthcare IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 19 June 2023 (Monday) |
| Closing Date | 21 June 2023 (Wednesday) |
| Basis of Allotment | 26 June 2023 (Monday) |
| Initiation of Refunds | 27 June 2023 (Tuesday) |
| Credit of Shares to Demat | 29 June 2023 (Thursday) |
| Listing Date | 30 June 2023 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on Jun 21, 2023 |
Aatmaj Healthcare IPO Lot Size
For retail investors in Aatmaj Healthcare IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹120,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹120,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹120,000 |
| Retail (Max) | 1 | 2000 | ₹120,000 |
| S-HNI (Min) | 2 | 4000 | ₹240,000 |
Aatmaj Healthcare IPO Promoter Holding
| Pre Issue Share Holding | 88.89% |
| Post Issue Share Holding | – |
Aatmaj Healthcare IPO Valuation – FY2022
| Earning Per Share (EPS) | ₹9.11 per Equity Share |
| Price/Earning P/E Ratio | Coming Soon |
| Return on Net Worth (RoNW) | 60.68% |
| Net Asset Value (NAV) | ₹60.07 per Equity Share |
| Upper Price/Book Value (Price/BV) Ratio | Coming Soon |
Aatmaj Healthcare Ltd Key Performance Indicator
| KPI | Values |
| Market Cap (₹ Cr.) | 97.20 |
| P/E (x) | Coming Soon |
| ROE Ratio | 0.61 |
| ROCE (%) | 69.84 |
| Debt/Equity | 0.09 |
Aatmaj Healthcare Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Aatmaj Healthcare Limited | Consolidated | 60 | 10 | 9.11 | – | 60.68 | 60.07 |
| Peer Group | |||||||
| Krishna Institute of Medical Sciences Ltd | Consolidated | 1,603 | 10 | 35.04 | 43.21 | 20.22 | 172.02 |
| Kovai Medical Center and Hospital Ltd | Consolidated | 3.35 | 10 | 95.28 | 15.86 | 17.42 | 546.86 |
| KMC Speciality Hospitals (India) Limited | Consolidated | 9.52 | 1 | 1.45 | 42.59 | 27.64 | 5.26 |
Aatmaj Healthcare IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 29 June 2023 | ₹2 | – | – |
| 28 June 2023 | ₹3 | – | – |
| 27 June 2023 | ₹3 | – | – |
| 26 June 2023 | ₹10 | – | – |
| 25 June 2023 | ₹10 | – | – |
| 24 June 2023 | ₹10 | – | – |
| 23 June 2023 | ₹10 | – | – |
| 22 June 2023 | ₹10 | – | – |
| 21 June 2023 | ₹11 | – | – |
| 20 June 2023 | ₹11 | – | – |
| 19 June 2023 | ₹10 | – | – |
| 18 June 2023 | ₹10 | – | – |
| 17 June 2023 | ₹10 | – | – |
| 16 June 2023 | ₹9 | – | – |
| 15 June 2023 | ₹0 | – | – |
Aatmaj Healthcare IPO Detail Video:
Aatmaj Healthcare IPO Subscription Status (Bidding Detail)
The Aatmaj Healthcare IPO on June 21, 2023 at 7:29:00 PM was subscribed 33.60 times, with the retail category being subscribed 30.27 times, the NII (Non-Institutional Investor) category being subscribed 36.78 times.
| Category | Subscription |
| NII | 36.78x |
| Retail | 30.27x |
| Total | 33.60x |
Aatmaj Healthcare IPO Prospectus
Aatmaj Healthcare IPO Rating
| Our Rating | 2.5/5.0 |
Aatmaj Healthcare Company Contact Information
Aatmaj Healthcare Limited
Registered Office: “Jupiter Hospital”, Opp. ICAI Bhavan,
Sunpharma Ataladra Road, Vadodara-390012, Gujarat, India
Tel. No.: +91 9714059465
Email: cs@jupiterhospitalvadodara.com
Website: www.jupiterhospitalvadodara.com
Contact Person: Mrs. Radhika Hissaria, Company Secretary & Compliance Officer
Promoters Of Our Company: Dr. Tushar Suvagiya, Dr. Subhash Padmani & Dr. Ravi Apte
Aatmaj Healthcare IPO Registrar
Link Intime India Private Limited
CIN: U67190MH1999PTC118368
Address: C-101, 247 Park, 1st Floor, L.B.S. Marg,Vikhroli West, Mumbai – 400083,
Maharashtra, India.
Tel: +91 22 49186200
Fax No.: N.A.
Email: aatmajhealthcare.smeipo@linkintime.co.in
Investor grievance E-mail: aatmajhealthcare.smeipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Aatmaj Healthcare IPO Lead Manager
Nirbhay Capital Services Private Limited
CIN: U67120GJ2006PTC047985
Address: 201, Maruti Crystal, Opp. Rajpath Club, S.G. Highway,
Bodakdev, Ahmedabad380054, Gujarat, India.
Tel. No.: +91 79 48970649
Fax No.: N.A.
Email: akshesh@nirbhaycapital.com
Investor Grievance Email: ipo@nirbhaycapital.com
Website: www.nirbhaycapital.com
Contact Person: Mr. Akshesh Dave
SEBI Registration No.: INM000011393
Aatmaj Healthcare IPO FAQs
What is the lot size of Aatmaj Healthcare IPO?
The total size of Aatmaj Healthcare IPO is ₹38.40 crores and this is a complete fresh Issue.
When will Aatmaj Healthcare IPO start?
Aatmaj Healthcare IPO will Open from 19 June 2023 and IPO will Close on 21 June 2023.
What is the open date of Aatmaj Healthcare IPO?
Aatmaj Healthcare IPO will open date from 19 June 2023.
What is the last date ( close date ) of Aatmaj Healthcare IPO?
Aatmaj Healthcare IPO will close from 21 June 2023.
What is the price band of Aatmaj Healthcare IPO?
Aatmaj Healthcare IPO price band is ₹60.
What is the minimum amount required to apply for Aatmaj Healthcare IPO?
The minimum investment for retailers to apply for Aatmaj Healthcare IPO is ₹120,000 and the maximum investment is ₹120,000.
What is going on gray market premium of Aatmaj Healthcare IPO?
View gray market premium of Aatmaj Healthcare IPO by Clicking Here
How much is the GMP of Aatmaj Healthcare IPO?
Watch Aatmaj Healthcare IPO GMP Today: Click Here
What is the allotment date of Aatmaj Healthcare IPO?
The allotment date of Aatmaj Healthcare IPO is 26 June 2023.
How to check allotment status in Aatmaj Healthcare IPO?
To check the allotment status of Aatmaj Healthcare IPO, first of all go to the registrar website by clicking here, select your bad Aatmaj Healthcare IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Aatmaj Healthcare IPO?
The Listing Date of Aatmaj Healthcare IPO is 30 June 2023.
How much will be the listing gain in Aatmaj Healthcare IPO?
View listing gain of Aatmaj Healthcare IPO by Clicking Here
How much time Aatmaj Healthcare IPO is subscribed?
Total 33.60 times subscribed in Aatmaj Healthcare IPO out of which 30.27 times subscription was done in retail quota, 36.78 times subscription in NII quota.
How to apply for Aatmaj Healthcare IPO from Upstox?
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How to apply for Aatmaj Healthcare IPO from Zerodha?
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How to apply for Aatmaj Healthcare IPO from Angle One?
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