Aatmaj Hospital IPO Details ( Aatmaj Hospital Limited IPO Review )
(19 Jun 2023 – 21 Jun 2023)
Aatmaj Hospital, also known as Jupiter Hospitals, is a Hospital 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 Hospital 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 Hospital 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 Hospital professionals dedicated to delivering top-notch medical care.
One of the key services offered by Aatmaj Hospital 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 Hospital 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 Hospital is committed to making quality Hospital accessible to a wider population.
Aatmaj Hospital 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 Hospital IPO Financials Performance ( Results )
Aatmaj Hospital 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 Hospital 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 Hospital IPO Reservation
| QIB Shares Offered | No Data |
| NII (HNI) Shares Offered | No Data |
| Retail Shares Offered | No Data |
Aatmaj Hospital IPO Timetable
Aatmaj Hospital IPO will open on June 19, 2023 and close on June 21, 2023. You can join Aatmaj Hospital 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 Hospital IPO Lot Size
For retail investors in Aatmaj Hospital 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 Hospital IPO Promoter Holding
| Pre Issue Share Holding | 88.89% |
| Post Issue Share Holding | – |
Aatmaj 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 Hospital 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 Hospital Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Aatmaj Hospital 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 Hospital IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 26 June 2023 | ₹10 | – | – |
| 25 June 2023 | ₹10 | – | – |
| 24 June 2023 | ₹10 | – | – |
| 23 June 2023 | ₹9 | – | – |
| 22 June 2023 | ₹9 | – | – |
| 21 June 2023 | ₹10 | – | – |
| 20 June 2023 | ₹10 | – | – |
| 19 June 2023 | ₹10 | – | – |
| 18 June 2023 | ₹10 | – | – |
| 17 June 2023 | ₹10 | – | – |
| 16 June 2023 | ₹9 | – | – |
| 15 June 2023 | ₹0 | – | – |
Aatmaj Hospital IPO Detail Video:
Aatmaj Hospital IPO Subscription Status (Bidding Detail)
The Aatmaj Hospital IPO on June 19, 2023 at 7:29:00 PM was subscribed 0.35 times, with the retail category being subscribed 0.71 times, the NII (Non-Institutional Investor) category being subscribed 0.10 times.
| Category | Subscription |
| NII | 0.10x |
| Retail | 0.71x |
| Total | 0.35x |
Aatmaj Hospital IPO Prospectus
Aatmaj Hospital IPO Rating
| Our Rating | 2.5/5.0 |
Aatmaj Hospital Company Contact Information
Aatmaj Hospital 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 Hospital 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 Hospital 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 Hospital IPO FAQs
What is the lot size of Aatmaj Hospital IPO?
The total size of Aatmaj Hospital IPO is ₹38.40 crores and this is a complete fresh Issue.
When will Aatmaj Hospital IPO start?
Aatmaj Hospital IPO will Open from 19 June 2023 and IPO will Close on 21 June 2023.
What is the open date of Aatmaj Hospital IPO?
Aatmaj Hospital IPO will open date from 19 June 2023.
What is the last date ( close date ) of Aatmaj Hospital IPO?
Aatmaj Hospital IPO will close from 21 June 2023.
What is the price band of Aatmaj Hospital IPO?
Aatmaj Hospital IPO price band is ₹60.
What is the minimum amount required to apply for Aatmaj Hospital IPO?
The minimum investment for retailers to apply for Aatmaj Hospital IPO is ₹120,000 and the maximum investment is ₹120,000.
What is going on gray market premium of Aatmaj Hospital IPO?
View gray market premium of Aatmaj Hospital IPO by Clicking Here
How much is the GMP of Aatmaj Hospital IPO?
Watch Aatmaj Hospital IPO GMP Today: Click Here
What is the allotment date of Aatmaj Hospital IPO?
The allotment date of Aatmaj Hospital IPO is 26 June 2023.
How to check allotment status in Aatmaj Hospital IPO?
To check the allotment status of Aatmaj Hospital IPO, first of all go to the registrar website by clicking here, select your bad Aatmaj Hospital 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 Hospital IPO?
The Listing Date of Aatmaj Hospital IPO is 30 June 2023.
How much will be the listing gain in Aatmaj Hospital IPO?
View listing gain of Aatmaj Hospital IPO by Clicking Here
How much time Aatmaj Hospital IPO is subscribed?
Total 0.35 times subscribed in Aatmaj Hospital IPO out of which 0.71 times subscription was done in retail quota, 0.10 times subscription in NII quota.
How to apply for Aatmaj Hospital IPO from Upstox?
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How to apply for Aatmaj Hospital IPO from Zerodha?
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How to apply for Aatmaj Hospital IPO from Angle One?
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