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 Analysis

Aashka Hospitals IPO is a Fixed Price 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 posted revenues of ₹ 40.69 crores and PAT of ₹ 4.11 crores in FY00 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 40.69 Cr.
            EBITDA: ₹ 9.92 Cr.
            PAT: ₹ 4.11 Cr.
  • EBITDA Margin: 24.38 %
            Pat Margin: 10.10 %
  • Net Worth: ₹ 29.25 Cr.
  • Market Capitalisation: ₹ 282.56 Cr.
  • P/E: 68.75 times
  • P/BV: 2.16 times
  • EV/EBITDA: 30.37 times
Nature of IPO : SME
Exchange : BSE SME
IPO Type : Fixed Price

Aashka Hospitals IPO Financial Performance (Restated)

Financial results of Aashka Hospitals IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials FY21 FY20 FY19
Balance Sheet
Assets 65.08 60.05 54.05
Net Worth 29.25 24.19 15.36
Total Debt 21.67 27.39 25.52
Profit & Loss
Revenue
Revenue on annualised basis
40.69 27.23 27.67
EBITDA
EBITDA on annualised basis
9.92 8.62 9.57
PAT
PAT on annualised basis
4.11 1.38 1.36
Financials
FY21
FY20
FY19
Balance Sheet
Assets
65.08
60.05
54.05

Net Worth
29.25
24.19
15.36

Total Debt
21.67
27.39
25.52

Profit & Loss
Revenue
Revenue on annualised basis
40.69
40.69
27.23
27.67

EBITDA
EBITDA on annualised basis
9.92
9.92
8.62
9.57

PAT
PAT on annualised basis
4.11
4.11
1.38
1.36

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Aashka Hospitals IPO Key performance Indicators (KPI)

Aashka Hospitals IPO PAT Margin is 10.10 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Aashka Hospitals IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars FY21 FY20 FY19
EBITDA Margin (%) 24.38 31.66 34.59
PAT Margin (%) 10.10 5.07 4.92
EPS (₹) 2.29 0.78 0.80
ROE (%) 14.05 5.70 8.85
ROCE (%) [●] [●] [●]
ROA (%) 6.32 2.30 2.52
Debt to Equity 0.74 1.13 1.66
Particulars
FY21
FY20
FY19

EBITDA Margin (%)
24.38
31.66
34.59

PAT Margin (%)
10.10
5.07
4.92

EPS (₹)
2.29
0.78
0.80

ROE (%)
14.05
5.70
8.85

ROCE (%)
[●]
[●]
[●]

ROA (%)
6.32
2.30
2.52

Debt to Equity (x)  
0.74
1.13
1.66

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Aashka Hospitals IPO Valuation Metrics

The market Capitalisation of Aashka Hospitals IPO is ₹ 282.56 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (₹ Cr.):
282.56

Enterprise Value (EV) (₹ Cr.):
301.30

EV/EBITDA (times) :
30.37

PE Multiple (times) :
68.75

P/B (times) :
2.16

NAV (₹) :
16.25

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in Aashka Hospitals prospectus?

The Aashka Hospitals IPO prospectus highlights an Return on Equity (ROE) of 15 %, Return on Assets (ROA) of 12 %, and an EBITDA Margin of 18 %, showcasing financial performance.

How do profitability ratios impact the evaluation of Aashka Hospitals IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Aashka Hospitals IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Aashka Hospitals IPO ?

The post-IPO market capitalisation of Aashka Hospitals IPO is ₹ 282.56 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of Aashka Hospitals IPO?

The Aashka Hospitals IPO has a Price-to-Earnings (PE) ratio of 68.75 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of Aashka Hospitals IPO?

Aashka Hospitals IPO reported revenue of ₹ 40.69 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Aashka Hospitals IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Aashka Hospitals IPO?

Aashka Hospitals recorded an EBITDA of ₹ 9.92 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Aashka Hospitals IPO?

Aashka Hospitals Profit After Tax (PAT) is ₹ 4.11 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 40.69 Cr.
            EBITDA: ₹ 9.92 Cr.
            PAT: ₹ 4.11 Cr.
  • EBITDA Margin: 24.38 %
            Pat Margin: 10.10 %
  • Net Worth: ₹ 29.25 Cr.
  • Market Capitalisation: ₹ 282.56 Cr.
  • P/E: 68.75 times
  • P/BV: 2.16 times
  • EV/EBITDA: 30.37 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Aashka Hospitals operates in Healthcare - Hospitals And Clinic and Healthcare Service Provider. The Issue is listed on BSE SME in Sep, 2021. Aashka Hospitals IPO size was 101.64 with Issue price of 121.00 .

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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