Yatharth Hospital and Trauma Care Services Limited

YATHARTH

₹285-300

per share

Bidding Dates

26-28 Jul

Min. Investment

₹14,250.00

Lot Size

50 shares

Issue Size

₹490 Cr

IPO Timeline

Bidding starts

26 Jul ‘23

Bidding ends

28 Jul ‘23

Allotment finalisation*

02 Aug ‘23

Refund initiation*

03 Aug ‘23

Demat transfer

04 Aug ‘23

Listing

07 Aug ‘23

* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About Yatharth Hospital and Trauma Care Services IPO

Incorporated in 2008, Yatharth Hospital & Trauma Care Services is one of the top 10 largest private hospitals in Delhi NCR based on the number of beds in FY23.

It operates three super speciality hospitals in Noida, Greater Noida and Noida Extension as well as a recently acquired multi-speciality hospital in Madhya Pradesh. As of 31 March 2023, Yatharth holds a total bed capacity of 1,405 beds along with 394 beds under its critical care program. Yatharth Hospital is engaged with 609 doctors who offer healthcare services across several categories of specialities and super-specialities like cardiology, neurosciences, paediatrics etc.

Between FY21 and FY23, the company’s total bed capacity has increased at a CAGR of 13%. Meanwhile, its revenue from operations grew at a CAGR of 31.5%.

The hospitals operated by Yatharth Hospital & Trauma Care Services are equipped with the medical infrastructure to support its various specialities such as diagnostic labs and are NABH (National Accreditation Board for Hospitals) certified hospitals.

Moreover, a CRISIL research estimates that the Indian healthcare delivery industry will grow at a CAGR of 11.3% between FY23 and FY27.

And now, Yatharth Hospital & Trauma Care Services Private Limited is coming out with its initial public offer (IPO). The IPO will be an offer for sale as well as a fresh issue. The money raised through the fresh issue will be utilised to repay borrowings, fund capital expenditure and inorganic growth initiatives through acquisitions and for general corporate purposes. Its shares will be listed on the NSE and the BSE.

Here are key details about the Yatharth Hospital & Trauma Care Services IPO:

Company Name	Yatharth Hospital and Trauma Care Services	Company Type	Private
Company Established On	2008	Yatharth Hospital and Trauma Care Services IPO Opening Date	26th July, 2023
Yatharth Hospital and Trauma Care Services IPO Closing Date	28th July,2023	Yatharth Hospital and Trauma Care Services IPO Allotment Status	2nd August,2023
Credit of Shares to the Demat Account	4th August,2023	Yatharth Hospital and Trauma Care Services IPO Listing Date	7th August,2023
Yatharth Hospital and Trauma Care Services IPO Face Value	₹ 10 per share	Yatharth Hospital and Trauma Care Services IPO Lot Size	50 shares
Yatharth Hospital and Trauma Care Services IPO Issue Size	Approx ₹687 crore	Yatharth Hospital and Trauma Care Services IPO to be Listed on	BSE, NSE
Yatharth Hospital and Trauma Care Services IPO Price band	₹285 – ₹300

Financial snapshot

Particulars	FY 21	FY 22	FY 23
Revenue	₹ 228 crore	₹ 400 crore	₹ 520 crore
Net Profit	₹ 19.5 crore	₹ 44.1 crore	₹ 65.7 crore

A quick look at Yatharth Hospital and Trauma Care Services IPO’s strengths, risks and threats

Strengths

Super-speciality offerings result in minimal concentration risk due to diversified revenue portfolio.
Witnessed a CAGR growth of over 31% in its revenue from operations and over 49% in its net profit between FY21 and FY23.
Number of operational beds grew at a CAGR of over 27% between FY21 and FY23.
Hospitals equipped with high-end medical equipment and technology such as Cath lab, CT scan, MRI and other imaging equipment.
Employs 609 doctors, 799 nurses, 379 paramedical and 1,516 corporate and support staff as of 31 March 2023.

Risks and threats

Operates predominantly in the Delhi NCR region.
Operates in an industry with high fixed costs which accounted for 87.9%, 84.6% and 83.6% of revenue from operations in the years FY21, FY22 and FY23 respectively.
Faces competition from other hospitals like Medanta Medicity, Apollo, BLK Max, Batra, Fortis etc.
In FY21 and FY22 Covid-19 related cases contributed 33.1% and 22.1% to revenue from operations. However, in FY23 no revenue was generated from Covid-19 patients due to decline in cases.

Yatharth Hospital and Trauma Care Services IPO details

| Yatharth Hospital and Trauma Care Services IPO date

According to the offer document filed by the company with the SEBI, the Yatharth Hospital and Trauma Care Services IPO’s opening date – in other words, the Yatharth Hospital and Trauma Care Services IPO launch date – will be 26th July 2023. The Yatharth Hospital and Trauma Care Services IPO closing date is 28th July 2023. After this, investors will be updated about the allotment status on 2nd August 2023.

Investors, who have been allotted shares, can expect them to be credited to their demat account on 4th August 2023. The Yatharth Hospital and Trauma Care Services IPO listing date is 7th August 2023. The listing date is the date on which the shares of a company get listed on the bourses – NSE and BSE.

| Yatharth Hospital and Trauma Care Services IPO price band

The IPO is an offer for sale as well as a fresh issue. The Yatharth Hospital and Trauma Care Services IPO price band has been set between ₹285 and ₹300 per share. Interested investors can choose a price within this band to apply for the IPO.

The Yatharth Hospital and Trauma Care Services IPO listing price will be determined on 7th August 2023. The listing price is the price at which a company’s shares debut on the stock exchanges.

| Yatharth Hospital and Trauma Care Services IPO lot size

The Yatharth Hospital and Trauma Care Services IPO details have been declared. The Yatharth Hospital and Trauma Care Services IPO lot size is set at 50 shares and an investor can apply for a minimum of 1 lot. Meanwhile, the Yatharth Hospital and Trauma Care Services IPO issue size is approx ₹687 crore.

How to apply for the Yatharth Hospital and Trauma Care Services IPO?

If you are interested in this investment opportunity but unsure how to apply for the Yatharth Hospital and Trauma Care Services IPO, here we are listing out the steps for you.

When the public issue opens for subscription, one can follow this step-by-step guide on how to apply for the Yatharth Hospital and Trauma Care Services IPO on Upstox:

Login to your Upstox account, using your six-digit PIN
After successfully logging in, click on ‘Discover’
On the Discover tab, you will find the ‘Invest in IPO’ section
Under the Invest in IPO section, look for the ‘Yatharth Hospital and Trauma Care Services IPO’ tab and click on it
Now fill in all the required information, like ‘bid price’ and ‘lot size’
Confirm and click on ‘Apply’
Accept the mandate on your UPI app

How to check the Yatharth Hospital and Trauma Care Services IPO allotment status?

When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around five to six days after an IPO closes.

Here’s a step-by-step guide on how to check the Yatharth Hospital and Trauma Care Services IPO allotment status:

Login to your Upstox account, using your six-digit PIN
After successfully logging in, click on ‘Discover’
On the Discover page, you will find the ‘Invest in IPO’ section
Under the Invest in IPO section, you will find the ‘View all’ option
Once you click on ‘View all’, you will be directed to the ‘IPO’ tab
In the ‘IPO’ tab, click on ‘My applications’
In ‘My applications’, under the History section, your Yatharth Hospital and Trauma Care Services IPO allotment status will be mentioned

Allotment Status

Open a demat account with Upstox to apply for the Yatharth Hospital and Trauma Care Services IPO

To apply for the Yatharth Hospital and Trauma Care Services IPO, you need to mandatorily have a demat account. A demat account helps you hold the shares you buy in a dematerialised format. If you don’t have a demat account yet, you can open one with Upstox by visiting our website or by downloading the app.

Here is a step-by-step guide on how to open a demat account with Upstox:

Click here to visit the demat account opening page on the Upstox website.
Enter your phone number and other essential details to begin opening a demat account.
Upload the scanned copies of your PAN, Aadhaar card, a cancelled cheque, and your bank statement as needed.
Complete the e-verification using the OTP sent to your registered mobile number.

This is all it takes to open a demat account with Upstox. Easy and quick, right?

Upstox – trading app to apply for the Yatharth Hospital and Trauma Care Services IPO

Applying for IPOs with Upstox is extremely easy. The user-friendly interface and top-notch security make Upstox one of the leading trading apps in India.

You can apply for the Yatharth Hospital and Trauma Care Services IPO on Upstox, provided you have a demat account. As mentioned in the previous section, you can simply follow the steps to open a demat account with Upstox. The biggest advantage is that when you apply for an IPO using your Upstox account, the brokerage charges are zero.

In fact, courtesy of its robust features and minimal charges, Upstox is among the most preferred trading apps. Lakhs of Indians trust Upstox as it is a reliable trading platform that makes IPO applications easy.

IPO analysis

Registrar information

Name

Link Intime India Private Limited

Phone number

91 810 811 4949

Email ID

yatharth.ipo@linkintime.co.in

Red herring prospectus

View documents submitted by company in filing to understand more details about them.

FAQs

How can you pre-apply for the Yatharth Hospital and Trauma Care Services IPO?

Pre-applying for the Yatharth Hospital and Trauma Care Services IPO means applying for this public issue before it goes live. Click here to pre-apply for the Yatharth Hospital and Trauma Care Services IPO on Upstox.

When does pre-apply for the Yatharth Hospital and Trauma Care Services IPO open and how can you pay for it?

You can pre-apply for the Yatharth Hospital and Trauma Care Services IPO from 24th July 2023. Once the IPO goes live, you will receive a UPI mandate. Accept this to block the IPO application amount and successfully place your bid.

How to apply for Yatharth Hospital and Trauma Care Services IPO? Or How to invest in the Yatharth Hospital and Trauma Care Services IPO?

You can apply on Upstox’s website and app, once the Yatharth Hospital and Trauma Care Services IPO opens for the subscription.

When does the Yatharth Hospital and Trauma Care Services IPO open and close for the subscription?

The Yatharth Hospital and Trauma Care Services IPO launch date is 26th July 2023. The Yatharth Hospital and Trauma Care Services IPO will be open for subscription till 28th July 2023.

What’s the lot size and minimum investment needed for the Yatharth Hospital and Trauma Care Services IPO?

The Yatharth Hospital and Trauma Care Services lot size is 50 shares and the minimum investment required is ₹14,250.

What is the price band for the Yatharth Hospital and Trauma Care Services IPO?

The Yatharth Hospital and Trauma Care Services IPO price band is ₹285 – ₹300 per share.

What’s the size of the Yatharth Hospital and Trauma Care Services IPO?

The size of the Yatharth Hospital and Trauma Care Services IPO is approx. ₹687 crore.

How many bids can I place for the Yatharth Hospital and Trauma Care Services IPO?

You can place up to three bids for an application.

Can these bids be placed at different times during the IPO subscription period?

No, the bids have to be placed in one go. If you want to add an additional bid, then you would have to delete your application and re-apply.

When will Yatharth Hospital and Trauma Care Services shares be credited to your demat account?

If shares are allotted, then they will be credited to your demat account on 4th August 2023.

Which exchanges will Yatharth Hospital and Trauma Care Services shares list on?

Yatharth Hospital and Trauma Care Services shares will be on NSE and BSE.

When will Yatharth Hospital and Trauma Care Services shares list on the exchanges?

Yatharth Hospital and Trauma Care Services shares’ listing date is 7th August 2023.