IPO Details
Bidding Dates
24 Aug '26 - 27 Aug '26
Minimum Investment
₹2,44,800 for 2,400 shares (2 lots)
Price Range
₹96 to ₹102 per share
Maximum Investment
₹2,44,800
Retail Discount
NA
Issue Size
₹34.98 crore
Investor category and sub category
Retail Individual Investors (RII) | Non-institutional Investors (NII) | Qualified Institutional Buyers (QIB)ABH Healthcare IPO Important Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
Aug 24, 26
IPO Closing Date
Aug 27, 26
Basis of Allotment
Aug 28, 26
Initiation of Refunds
Aug 31, 26
IPO Listing Date
Sep 1, 26
About ABH Healthcare IPO
ABH Healthcare IPO is a book-building issue worth ₹34.98 crore and consists entirely of a fresh issue of approximately 34.29 lakh equity shares.
The IPO will open for subscription on August 24, 2026, and close on August 27, 2026. The basis of allotment is expected to be finalised on August 28, 2026, while the shares are tentatively scheduled to list on the NSE SME platform on September 1, 2026.
The IPO price band has been fixed at ₹96–₹102 per share, with a lot size of 1,200 shares. Retail investors must apply for a minimum of 2,400 shares, requiring an investment of ₹2,44,800 at the upper price band. For HNI investors, the minimum application size is 3,600 shares, amounting to ₹3,67,200.
Fedex Securities Pvt. Ltd. is the book-running lead manager, while Bigshare Services Pvt. Ltd. is the registrar to the issue. Rikhav Securities Ltd. will act as the market maker.
Industry Outlook
- India’s healthcare sector has witnessed strong growth, supported by rising private and government spending. The industry was valued at approximately US$372 billion in 2023 and employed around 7.5 million people as of 2024.
- Hospitals remain a key part of India’s healthcare ecosystem, with increasing demand for quality and specialised medical services.
- The Indian hospital industry has expanded significantly, driven by growing healthcare awareness, rising incomes and increased access to medical facilities.
- Healthcare demand is also spreading beyond major metropolitan cities, with private hospital operators increasingly expanding into Tier 2 and Tier 3 cities where organised tertiary healthcare infrastructure remains relatively under-served.
- ABH Healthcare operates in this segment through its 150-bed hospital in Ferozepur, Punjab, offering specialised and tertiary healthcare services.
- The company may benefit from the increasing demand for advanced healthcare services in smaller cities and the continued expansion of organised healthcare infrastructure across India.
ABH Healthcare IPO Objectives
The company plans to utilise the net proceeds from the IPO for the following purposes:
- ABH Healthcare plans to use ₹17 crore from the IPO proceeds to partially or fully repay certain outstanding borrowings.
- The company proposes to allocate ₹5 crore towards meeting its working capital requirements.
- A portion of the proceeds will be used for potential acquisitions and general corporate purposes.
About ABH Healthcare Limited
Incorporated in 2021, ABH Healthcare Ltd provides healthcare services through its 150-bed Anil Baghi Hospital in Ferozepur, Punjab. The hospital offers treatment across 25 medical specialities, including cardiac sciences, neurology, minimally invasive spine and brain surgeries, gastroenterology, laparoscopic and bariatric surgery, urology, pulmonology, nephrology, ENT and maxillofacial surgeries. It is empanelled with 30 private and public health insurers and third-party administrators and participates in government healthcare schemes such as ECHS, Railways, FCI, BSNL and Ayushman Bharat–Sarbat Sehat Bima Yojana. As of June 30, 2026, the hospital had 37 doctors and 101 nurses. The company’s key strengths include an experienced doctor-led management team, focus on quality clinical care, a diversified range of medical specialities, modern infrastructure supported by technology, and a track record of stable operational and financial performance.
How To Check the Allotment Status of the ABH Healthcare IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Don't miss the next investment opportunity - browse the Upcoming IPO on Angel One.
How To Apply for ABH Healthcare IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the ABH Healthcare IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of ABH Healthcare IPO
Registered Office: ABH Healthcare Ltd. Address- Anil Baghi Road, Ferozepur, Punjab
Firozpur, Punjab, 152002
Phone: +91 7888690018
E-mail:investor@anilbaghihospital.com
ABH Healthcare IPO Reservation
| Investor Category | Shares | % of Net Issue | % of Total Issue |
| QIB | 1,99,200 | 6.12% | 5.81% |
| NII (HNI) | 15,28,800 | 46.94% | 44.58% |
| – bNII > ₹10 lakh | 10,18,800 | — | 29.71% |
| – sNII < ₹10 lakh | 5,10,000 | — | 14.87% |
| Retail | 15,28,800 | 46.94% | 44.58% |
| Market Maker | 1,72,800 | — | 5.04% |
| Total | 34,29,600 | 100.00% | 100.00% |
ABH Healthcare IPO Promoter Holding
The promoters of the company are Kamal Baghi, Saurabh Baghi and Vaishali Saini.
| Share Holding Pre-Issue | 100.00% |
| Share Holding Post Issue | 100.00% |
ABH Healthcare IPO Prospectus
ABH Healthcare IPO Registrar and Lead Managers
ABH Healthcare IPO Lead Managers
- Fedex Securities Pvt.Ltd
Registrar for ABH Healthcare IPO
Bigshare Services Pvt.Ltd.
- Contact Number: 8657578989/8069219065/8069219060
- Email Address: ipo@bigshareonline.com
Financial Performance of ABH Healthcare Limited
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
| Assets | ₹85.27 Cr | ₹63.90 Cr | ₹51.35 Cr |
| Total Income | ₹52.59 Cr | ₹49.32 Cr | ₹41.39 Cr |
| Profit After Tax | ₹5.64 Cr | ₹5.35 Cr | ₹1.66 Cr |
| EBITDA | ₹14.72 Cr | ₹13.20 Cr | ₹6.89 Cr |
| Net Worth | ₹17.27 Cr | ₹11.60 Cr | ₹6.30 Cr |
| Reserves and Surplus | ₹9.34 Cr | ₹9.69 Cr | ₹4.35 Cr |
| Total Borrowings | ₹45.75 Cr | ₹33.78 Cr | ₹30.59 Cr |
ABH Healthcare IPO Peer Comparison
Company Name | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) | P/BV Ratio |
ABH Healthcare Limited | 7.05 | 7.05 | 21.58 | — | 34.26 | — |
Sangani Hospitals Limited | 2.17 | 2.17 | 23.30 | 24.52 | 16.20 | 2.30 |
Maitreya Medicare Limited | -3.64 | -3.64 | 42.67 | -34.11 | -8.10 | 2.95 |
Asarfi Hospital Limited | 8.47 | 8.47 | 49.62 | 27.63 | 18.65 | 4.78 |
Strengths and Opportunities of ABH Healthcare IPO
- The hospital offers services across 25 clinical specialties and serves a diverse mix of self-paying patients, private insurance customers and beneficiaries of government healthcare schemes, helping reduce dependence on any single specialty or payer.
- Its operational infrastructure includes a computerised physician order entry system, an electronic health records platform and advanced medical equipment, including cath labs, CT and MRI scanners and a neurosurgery microscope.
- The hospital has been NABH-accredited since 2021 and received NABH Digital Standards accreditation in FY 2025, strengthening its position as a tertiary-care healthcare provider in the region.
Risks and Threats of ABH Healthcare IPO
- The company generates all its revenue from its single hospital in Ferozepur, Punjab, making it vulnerable to local economic, political or operational disruptions that could materially impact its overall revenue.
- ABH Healthcare relies significantly on its promoters and key medical professionals. With only 29 doctors as of March 31, 2025, the departure of senior clinicians could affect its clinical operations.
- The company does not own the premises used for its registered office and hospital. Any loss or termination of these leased properties could disrupt its healthcare services.
- Part of the company’s revenue comes through government healthcare schemes and third-party payers. Delays, changes or disruptions in these arrangements could affect collections and cash flows.
- How to Apply in IPO
- How to Check IPO Allotment Status
Login to Angel One App / Website & click on IPO
Select desired IPO & tap on "Apply"
Enter UPI ID, set quantity/price & submit
Accept mandate on the UPI app to complete the process
ABH Healthcare IPO FAQs
What minimum lot size can retail investors subscribe to in the ABH Healthcare IPO?
Retail investors can apply for a minimum of 2 lots, comprising 2,400 equity shares. At the upper price band of ₹102 per share, the minimum investment required is ₹2,44,800.
When will the ABH Healthcare IPO be allotted?
The basis of allotment for the ABH Healthcare IPO is expected to be finalised on August 28, 2026, as per the IPO schedule provided in the source.
How can you increase your chances of getting a ABH Healthcare IPO allotment?
- Multiple Submissions: Use different Demat accounts to make multiple applications.
- Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
- Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.
How do I approve the UPI mandate request for the ABH Healthcare IPO?
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
Can I submit more than one application for the public issue of ABH Healthcare using one PAN?
You can submit only one application using your PAN card.
What is 'pre-apply' for the ABH Healthcare IPO?
Pre-apply allows investors to apply for the ABH Healthcare IPO two days before the subscription period opens, ensuring an early submission of your application.
If I pre-apply for the ABH Healthcare IPO, when will my order get placed?
Your order will be placed when the IPO opens for bidding, and a UPI request will follow within 24 hours.
When will I know if my ABH Healthcare IPO order is placed?
You will receive a notification once your order is successfully placed with the exchange after the bidding starts.
Where will the ABH Healthcare IPO be listed?
The ABH Healthcare IPO is proposed to be listed on the NSE SME platform (NSE Emerge). The tentative listing date is September 1, 2026.




