59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Aashka Hospitals Limited IPO (Aashka Hospitals IPO) Detail

Aashka Hospitals IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Gandhinagar and caters to Healthcare - Hospitals And Clinic sector. Fedex Securities is the merchant banker of Aashka Hospitals IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th July 2021.

Aashka Hospitals IPO open date is 10th August 2021 and close date is 24th August 2021. IPO Allotment Date is 30th August 2021 and Listing date is 1st September 2021.

IPO Category : SME
Exchange : BSE SME
Issue Type : Fixed Price

IPO Key Highlights

  • IPO Size: ₹ 101.64 Cr. Avg IPO Size (Sector Based) : ₹ 35.35 cr.
  • Sector: Healthcare - Hospitals And Clinic SME IPO so far: 13
  • Merchant Banker: Fedex Securities SME IPO by BRLM so far: 44
  • City: Gandhinagar SME IPO so far: 15
  • Revenue (annualised): ₹ 40.69 cr.
            (annualised): ₹ 4.11 cr.
  • PE Ratio: 68.75x Average Sector PE Ratio: 24.63x

Aashka Hospitals IPO Date

Date of DRHP:
26th July 2021
IPO Open Date:
10th August 2021
IPO Closing Date:
24th August 2021
IPO Allotment Date:
30th August 2021
Initiation of Refund:
31st August 2021
IPO Listing Date:
1st September 2021

Aashka Hospitals IPO Info, Size, Subscription

Aashka Hospitals IPO size is ₹ 101.64 Cr. with IPO price of ₹ 121.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 101.64 Cr.

Issue Price:
₹ 121.00

Market Capitalisation :
₹ 282.56 Cr.

PE multiple :
68.75

Subscription :
1.30 times

Pre Issue Promoter Holding :
91.67 %

Post Issue Promoter Holding :
61.24 %

Aashka Hospitals IPO Information

Sub Sector : Healthcare service provider
Aashka Hospitals is certified by National Accreditation Board for Hospitals and Healthcare Providers (“NABH Accredited”) for tertiary and apical care level hospital in Gujarat. They are an integrated healthcare service provider, committed to deliver quality healthcare services to their patients in modern facilities that includes prevention, best treatment and proper rehabilitation. The Company decided to step-up its support in the fight against COVID-19 and was a designated COVID19 treatment hospital. With the support of their doctors and staffs, they have treated more than 2000 COVID19 patients. The Company is a growing organization that aims at strengthening and establishing themselves as the foremost healthcare services provider. They strive to serve with Their ultra-modern medicinal practices and state of the art infrastructure for medical as well as
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Object of Issue (Aashka Hospitals IPO Objectives)

  • Repayment/ prepayment of company's borrowings fully or partially
  • Funding inorganic growth initiatives
  • General corporate purposes

Fedex Securities Private Limited is the book-running lead manager of the Aashka Hospitals IPO. Accurate Securities & Registry Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Aashka Hospitals IPO.

Aashka Hospitals IPO Market Maker

Rikhav Securities Limited

Aashka Hospitals IPO Registrar (RTA)

Accurate Securities & Registry Private Limited

Aashka Hospitals IPO Lead Manager (BRLM)

Fedex Securities Private Limited

Aashka Hospitals IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Aashka Hospitals IPO?

Aashka Hospitals IPO, based in Gandhinagar, operates in the   Healthcare - Hospitals And Clinic sector with a focus on Healthcare service provider. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Aashka Hospitals IPO size is ₹ 101.64 Cr. with fresh issue size of ₹ 65.34 Cr. and Offer for sale being ₹ 36.30Cr.

When is Aashka Hospitals IPO allotment?

The IPO allotment date for Aashka Hospitals IPO is expected to be 30th August 2021, after the finalization of basis of allotment. Investors can check Aashka Hospitals IPO allotment status on the registrars website, Accurate Securities & Registry Private Limited. Aashka Hospitals IPO refund dates are 31st August 2021.

When is Aashka Hospitals IPO listing date?

Aashka Hospitals IPO is expected to be listed on 1st September 2021.

What is the price band for Aashka Hospitals IPO?

The upper price band for the Aashka Hospitals IPO is set at ₹ 121.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Aashka Hospitals IPO Review?

For IPO analysis on Aashka Hospitals IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Aashka Hospitals IPO?

To apply for the Aashka Hospitals IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 24th August 2021. After submission, funds are blocked until the basis of allotment of Aashka Hospitals IPO is finalised.

Who is the merchant banker of Aashka Hospitals IPO?

The merchant banker for Aashka Hospitals IPO is Fedex Securities Private Limited . Fedex Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Aashka Hospitals IPO RHP for further details.

Who is the Registrar of Aashka Hospitals IPO?

The registrar for Aashka Hospitals IPO is Accurate Securities & Registry Private Limited. Investors can go to Accurate Securities & Registry Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Aashka Hospitals IPO through their official website or helpline.

What is the Aashka Hospitals IPO subscription?

Aashka Hospitals IPO was subscribed 1.30 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 101.64 Cr. Avg IPO Size (Sector Based) : ₹ 35.35 Cr.
  • Sector: Healthcare - Hospitals And Clinic SME IPO so far: 13
  • Merchant Banker: Fedex Securities SME IPO by BRLM so far: 44
  • City: Gandhinagar SME IPO so far: 15
  • Revenue (annualised): ₹ 40.69 cr.
            PAT: (annualised): ₹ 4.11 cr.
  • PE Ratio: 68.75x Average Sector PE Ratio: 24.63x
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FAQs

Aashka Hospitals IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Aashka Hospitals Financial Review Page

Aashka Hospitals IPO subscription was 1.30 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Aashka Hospitals IPO listed at a listing price of 115.05 against the offer price of 121.00.

The current market price of Aashka Hospitals is 103.05.

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