Incorporated in 1987, Aster DM Healthcare Ltd is Kochi, Kerala based healthcare service provider with operations in GCC states (United Arab Emirates, Oman, Saudi Arabia, Qatar, Kuwait and Bahrain), India and the Philippines. Company�s Indian operations are headquartered in Kochi, Kerala.
Aster DM Healthcare operates in multiple segments of the healthcare industry including hospitals, clinics and retail pharmacies. Company operates hospitals and clinics, pharmacies, diagnostic centers, educational institutions, and healthcare management and healthcare support systems. Company provides healthcare services to patients across economic segments under brand names including “Aster”, “Medcare” and “Access”.
Aster’s healthcare facilities consist of 9 hospitals, 90 clinics and 206 retail pharmacies in the GCC states, 10 multi-specialty hospitals and 7 clinics in India, and 1 clinic in the Philippines as of September 30, 2017. Aster’s had 17,408 employees as of September 30, 2017, including 1,417 full time doctors, 5,797 nurses, 1,752 paramedics and 8,442 other employees (including pharmacists).
Aster’s hospitals in India are located in Kochi, Kolhapur, Kozhikode, Kottakkal, Bengaluru, Vijayawada, Guntur, Wayanad and Hyderabad and are generally operated under the Aster, MIMS, Ramesh and Prime brands.
Aster DM Healthcare IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹180 to ₹190 per equity share |
| Market Lot | 78 Shares |
| Min Order Quantity | 78 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 540975 |
| NSE Symbol | ASTERDM |
| ISIN | INE914M01019 |
| Issue Size | Aggregating up to ₹980.14 Cr |
| Fresh Issue | Aggregating up to ₹725.00 Cr |
| Offer for Sale | Aggregating up to ₹[.] Cr |
Aster DM Healthcare IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 12-Feb-18 |
| IPO Close Date | 15-Feb-18 |
| Basis of Allotment Date | 22-Feb-18 |
| IPO Listing Date | 26-Feb-18 |
Aster DM Healthcare IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 78 | ₹14,820 |
| Maximum | 13 | 1014 | ₹192,660 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status For Aster DM Healthcare Ltd
Company Promoters:
Dr. Azad Moopen and UIPL (Union Investments Private Limited) are the Promoters of the Company.
Company Financials:
| PARTICULAR | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 (Proforma) |
| Total Assets | 68,072.77 | 57,557.82 | 44,120.27 |
| Total Revenue | 59,679.02 | 52,751.63 | 38,990.49 |
| Profit After Tax | 2,667.47 | 82.11 | 2,721.07 |
Objects of the Issue:
The Offer comprises the Fresh Issue and the Offer for Sale.
Company will not receive any proceeds from the Offer for Sale.
Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment and/or pre-payment of debt;
- Purchase of medical equipment; and
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | Aster DM Healthcare IPO Registrar |
| Aster DM Healthcare Ltd IX/475L, Aster Medcity, Kuttisahib Road, near Kothad Bridge, South Chittoor P.O., Cheranalloor , Kochi – 682 027, Ernakulam Phone: + 91 484 6699 228 Email: investors@ aster dmhealthcare.com Website: http://www.asterdmhealthcare.com | Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: adhl.ipo@linkintime.co.in Website: http://www.linkintime.co.in |
