Grey Market Report:
As on 09 Janaury 2017 at 12.00 IST
GMP INR NIL : Kostak: NIL,Subject to INR NIL
Short Note about the Company:
Aster DM is one of the largest private healthcare service providers which operate in multiple GCC states based on numbers of hospitals and clinics, according to the Frost & Sullivan Report, and an emerging healthcare player in India. It currently operates in all of the GCC states, which comprise the United Arab Emirates, Oman, Saudi Arabia, Qatar, Kuwait and Bahrain, in Jordan (which we classify as a GCC state as part of its GCC operations), in India and the Philippines. Its GCC operations are headquartered in Dubai, United Arab Emirates and its Indian operations are headquartered in Kochi, Kerala.
Aster DM operates in multiple segments of the healthcare industry, including hospitals, clinics and retail pharmacies and provide healthcare services to patients across economic segments in several GCC states through its various brands “Aster”, “Medcare” and “Access”.
It believes that it is well positioned to benefit from favourable trends driving demand in the private healthcare services market in the GCC states and India by virtue of its principal competitive strengths as described below.
1)Long standing presence with strong brand equity
2)Well diversified portfolio of service offerings to leverage multiple market opportunities
3)Provision of high quality healthcare service
4)Ability to attract and retain high quality medical professionals
for more details about this company,see Page-bottom-box
The promoters :
DR. AZAD MOOPEN AND UNION INVESTMENTS PRIVATE LIMITED
Main objects of the issue are:
1. Purchase of medical equipment;
2. Pre-payment of debt; and
3. General corporate purposes
IPO Opens on : 15 January 2018
IPO Closes on : 18 January 2018
Issue Type: Book Built Issue IPO
Issue Size:57,685,166 Equity Shares of INR10 aggregating up to INR 1100 Crore
Fresh Issue of up to 21,614,366 Equity Shares (4) [?] [?]
Offer for Sale of up to 36,070,800 Equity Shares(5) [?] [?]
Face Value: INR 10
Price Band: Per Equity Share
Minimum Order Quantity:
Listing at: NSE,BSE
Shares offered to
Anchors 17,305550 Shares = INR
QIB 11537033 Shares = INR
NII 8652775 Shares = INR
RII 20189808 Shares =
12 Jan – Anchor List
15th Jan – Offer Opens
18th Jan – Offer Closes
23 Jan – Finalisation of Basis of Allotment
24th Jan – Unblocking of ASBA
25th Jan – Credit to Demat Accounts
26th Jan – Listing on NSE & BSE
Financials:(for details See Page-bottom-box)
Total Income of 2016-17 Rs.
Net Profit of 2016-17 Rs.
Earnings per Share (EPS) Rs.
Equity Capital as on 31.3.2017
Equity Capital after the IPO: Rs.
Upper Price Band/last EPS:
Book Value of the Share as per last Balancesheet Rs.
Upper offer price/Book Value Ratio:
Edelweiss Financial Services Limited, ICICI Securities Limited, JM Financial Institutional Securities Limited, SBI Capital Markets Limited ,Kotak Mahindra Capital Company Limited, DSP Merrill Lynch Limited, Goldman Sachs (India) Securities Private Limited
Registrar to theIPO:
Link Intime India Private Limited
Phone of the Registrar:
Registrered Office of the Company :
IX/475L, Aster Medcity, Kuttisahib Road,
near Kothad Bridge, South Chittoor P.O.,
Cheranalloor, Kochi – 682 027,
Ernakulam, Kerala, India
on Day 2(on 00.00.2017 at 17.00 IST)
QIB : shares offered:xx Subscribed
NII : Shares offered: xx Subscribed : xx
RII : Shares offered : XX Subscribed : xx
Total : Shares offered :XX Subscribed : xx