Maitreya Medicare Limited Logo

Maitreya Medicare Limited

MAITREYA

78-82

per share
Bidding Dates
27-1 Nov
Min. Investment
₹1,24,800.00
Lot Size
1600 shares
Issue Size
₹14.89 Cr
IPO Timeline
Bidding starts
27 Oct ‘23
Bidding ends
01 Nov ‘23
Allotment finalisation*
06 Nov ‘23
Refund initiation*
07 Nov ‘23
Demat transfer
08 Nov ‘23
Listing
09 Nov ‘23
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

 

About Maitreya Medicare Limited

Incorporated in 2019, Maitreya Medicare Limited (MML) is a 125 bedded, Multi Superspeciality hospital  based out in Surat, Gujarat. The company provides multidisciplinary integrated healthcare services, with a focus on primary secondary & tertiary care. They offer a comprehensive range of healthcare services across over 18 specialities  including Cardiology, Urology, Oncology, Laparoscopic Surgery, Neurology, Neurosurgery, Spine Surgery, Nephrology including Dialysis, Gastroenterology, Gastrointestinal surgery, Cardiothoracic Surgery, Oncosurgery, Orthopaedic Surgery including joint replacements and Arthroscopic surgeries, Gynecology & High-Risk Obstetrics, Hepatocellular Biliary Surgery, Critical Care Medicine etc.

They follow a ‘patient first’ ideology by creating a good infrastructure with thrust on service delivery to all our stakeholders, be it patient, staff or doctors, technology and support to put patient-first and foremost and be futuristic and innovative in the delivery of healthcare services.

The company hospital is located in a densely populated micro market with a low presence of good-quality hospitals, which they believe provides them an opportunity to offer their services to a larger population and help their patients with greater access and connectivity to healthcare services. The hospital being a full service hospital, operates independently serving the healthcare needs of patients, right from diagnostics to surgery and rehabilitation.  They focus on promoting and maintaining a culture that encourages the retention and growth of  their healthcare professionals also. Their hospital boasts of one of its kind premier Cath Lab, two Modular Superspeciality Operation Theatres with Laminar Air Flow and HEPA Filters, well-equipped 20 bedded Intensive Care Units with.

 Maitreya Medicare Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives

  • Making investment through Equity in the subsidiary named ‘Maitreya Hospital Private    Limited’ for setting up a Hospital at Valsad, Gujarat.

  • Redemption of part of issued Non-Convertible Redeemable Preference Shares 

  • Working Capital requirements of the company 

  • General Corporate Purposes

Here are key details about the Maitreya Medicare Limited IPO

Company Name Maitreya Medicare Limited Limited   Company Type Public
Company Established On 2011   Maitreya Medicare Limited IPO Opening Date October 27, 2023
Maitreya Medicare Limited IPO Closing Date  November 1, 2023   Maitreya Medicare Limited IPO Allotment Status November 6, 2023
Credit of Shares to the Demat Account November 8, 2023   Maitreya Medicare Limited IPO Listing Date November 9, 2023 
Maitreya Medicare Limited IPO Face Value ₹10 per share   Maitreya Medicare Limited IPO Lot Size 1600 Shares
Maitreya Medicare Limited IPO Issue Size 14.89 Cr   Maitreya Medicare Limited IPO to be Listed on  NSE
Maitreya Medicare Limited IPO Price band  ₹78 to ₹82 per share      

 

 

IPO analysis

Registrar information
Name
Link Intime India Private Ltd
Phone number
+91-22-4918 6270
Email ID
maitreyamedicare.ipo@linkintime.co.in

Interested in investing in an IPO?

Open free Demat + trading account and join our 1 crore+ successful users.
Already have an account with Upstox?
Login