74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Asarfi Hospital IPO (Asarfi Hospital Limited IPO) Detail

Asarfi Hospital IPO is a Book Building IPO listing on BSE SME exchange, with an ipo size of ₹ 26.94 Cr. The company is based in Dhanbad and caters to Healthcare sector. Hem Securities is the merchant banker of Asarfi Hospital IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th June 2023.

Asarfi Hospital IPO open date is 17th July 2023 and close date is 19th July 2023. IPO Allotment Date is 24th July 2023 and Listing date is 26th July 2023.

IPO Category : SME
Exchange : BSE SME
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 26.94 Cr. Avg IPO Size (Sector Based) : ₹ 25.58 cr.
  • Sector: Healthcare SME IPO so far: 43
  • Merchant Banker: Hem Securities SME IPO by BRLM so far: 127
  • City: Dhanbad SME IPO so far: 1
  • Revenue (annualised): ₹ 73.03 cr.
            PAT: (annualised): ₹ 8.02 cr. Read Financial Information >>
  • PE Ratio: 12.78x Average Sector PE Ratio: 19.30x

Asarfi Hospital IPO Date

Date of DRHP:
26th June 2023
IPO Open Date:
17th July 2023
IPO Close Date:
19th July 2023
IPO Allotment Date:
24th July 2023
Initiation of Refund:
25th July 2023
IPO Listing Date:
26th July 2023

Asarfi Hospital IPO Info, Size, Subscription

Asarfi Hospital IPO size is ₹ 26.94 Cr. with IPO price of ₹ 52.00. 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 :
₹ 26.94 Cr.

Issue Price:
₹ 52.00

Market Capitalisation :
₹ 102.32 Cr.

PE multiple :
12.78

Subscription :
195.14 times

Pre Issue Promoter Holding :
83.03 %

Post Issue Promoter Holding :
61.17 %

Asarfi Hospital IPO Information

Sub Sector : Healthcare service provider
Asarfi Hospital, is a 250 bedded multi-speciality hospital, which is serving people for over one and half decade by providing healthcare services in Dhanbad, Jharkhand. Accredited by National Accreditation Board for Testing and Calibration Laboratories (“NABL Accredited”), they are an integrated healthcare service provider, committed to deliver valued healthcare services to their patients that includes prevention, treatment and proper rehabilitation. They are empanelled with several Government Agencies, Corporate Organizations for providing regular health care facilities to their employees and their dependants. They are also empanelled with the several Insurance and TPA providers. Their hospital located at Dhanbad, Jharkhand is having departments/services like Cardiology, Neurosciences, General Medicine, Paediatrics & Neonatology, Obstetrics & Gynaecology, General Surgery, Gastroenterology, Orthopaedics Plastic Surgery & Cosmetics, Oncology, Nephrology, Urology, Ophthalmology, ENT,
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Object of Issue (Asarfi Hospital IPO Objectives)

  • Part Funding of Capital Expenditure of Cancer Hospital at Ranguni, Jharkhand
  • Acquiring Land on Leasehold basis for Health Management and Research Institute at Ranchi, Jharkhand
  • General Corporate Purpose

Hem Securities Limited is the book-running lead manager of the Asarfi Hospital IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Asarfi Hospital IPO.

Asarfi Hospital IPO Market Maker

Hem Finlease Private Limited

Asarfi Hospital IPO Registrar (RTA)

Cameo Corporate Services Limited

Asarfi Hospital IPO Lead Manager (BRLM)

Hem Securities Limited

Asarfi Hospital IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.

Anchor Investors in Asarfi Hospital IPO

No. of Anchor Investors: 5

Anchor Investor Name   No. of shares Allotted Offer Price (in ₹.) Amount Invested (in ₹.)
Rajasthan Global Securities 362,000.00 ₹ 52.00 ₹ 18,824,000.00
India - Ahead 364,000.00 ₹ 52.00 ₹ 18,928,000.00
Chhattisgarh Investments Limited 194,000.00 ₹ 52.00 ₹ 10,088,000.00
Moneywise Financial Services 362,000.00 ₹ 52.00 ₹ 18,824,000.00
Negen Undiscovered Value 194,000.00 ₹ 52.00 ₹ 10,088,000.00

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

What is Asarfi Hospital IPO?

Asarfi Hospital IPO, based in Dhanbad, operates in the   Healthcare sector with a focus on Healthcare service provider. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Asarfi Hospital IPO size is ₹ 26.94 Cr. with fresh issue size of ₹ 26.94 Cr. and Offer for sale being ₹ Nil

When is Asarfi Hospital IPO allotment?

The IPO allotment date for Asarfi Hospital IPO is expected to be 24th July 2023, after the finalization of basis of allotment. Investors can check Asarfi Hospital IPO allotment status on the registrars website, Cameo Corporate Services Limited . Asarfi Hospital IPO refund dates are 25th July 2023.

When is Asarfi Hospital IPO listing date?

Asarfi Hospital IPO is expected to be listed on 26th July 2023.

What is the price band for Asarfi Hospital IPO?

The upper price band for the Asarfi Hospital IPO is set at ₹ 52.00 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 Asarfi Hospital IPO Review?

For IPO analysis on Asarfi Hospital 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 Asarfi Hospital IPO?

To apply for the Asarfi Hospital 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 19th July 2023. After submission, funds are blocked until the basis of allotment of Asarfi Hospital IPO is finalised.

Who is the merchant banker of Asarfi Hospital IPO?

The merchant banker for Asarfi Hospital IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Asarfi Hospital IPO RHP for further details.

Who is the Registrar of Asarfi Hospital IPO?

The registrar for Asarfi Hospital IPO is Cameo Corporate Services Limited . Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Asarfi Hospital IPO through their official website or helpline.

What is the Asarfi Hospital IPO subscription?

Asarfi Hospital IPO was subscribed 195.14 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

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

Asarfi Hospital IPO subscription was 195.14 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.

Asarfi Hospital IPO listed at a listing price of 103.74 against the offer price of 52.00.

The current market price of Asarfi Hospital is 135.25.

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