Yatharth Hospital and Trauma Care Services Limited

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:

Financial snapshot

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

Strengths 

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

Risks and threats

1. Operates predominantly in the Delhi NCR region. 
2. 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.
3. Faces competition from other hospitals like Medanta Medicity, Apollo, BLK Max, Batra, Fortis etc.
4. 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: 

1. Login to your Upstox account, using your six-digit PIN
2. After successfully logging in, click on ‘Discover’
3. On the Discover tab, you will find the ‘Invest in IPO’ section
4. Under the Invest in IPO section, look for the ‘Yatharth Hospital and Trauma Care Services IPO’ tab and click on it
5. Now fill in all the required information, like ‘bid price’ and ‘lot size’
6. Confirm and click on ‘Apply’
7. 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:

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

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:

1. Click here to visit the demat account opening page on the Upstox website. 
2. Enter your phone number and other essential details to begin opening a demat account.
3. Upload the scanned copies of your PAN, Aadhaar card, a cancelled cheque, and your bank statement as needed. 
4. 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.