Maitreya Medicare Limited
listed
₹1.25LMin. investment
Maitreya Medicare Limited IPO Details
Issue size
₹14.89Cr
IPO type
SME
Price range
₹78.00 – ₹82.00
Listing date
9 Nov 2023
Lot size
1600 shares
Price range₹78.00 – ₹82.00
IPO type
SME
Lot size1600 shares
Issue size₹14.89Cr
Maitreya Medicare Limited Timeline
- Bid start27 Oct 2023
- Bid end1 Nov 2023
- Allotment29 Oct 2023
- Release of funds7 Nov 2023
- Demat transfer6 Nov 2023
- Listing9 Nov 2023
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 |
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Maitreya Medicare Limited Contact Details
Company NameMaitreya Medicare Limited
How to apply for Maitreya Medicare Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.