Broach Lifecare Hospital Ltd IPO

About Broach Lifecare Hospital Ltd

Incorporated in 2023, Broach Lifecare Hospital Limited operates boutique hospitals under the brand name "Maple Hospitals." The company offers dedicated 24-hour services to patients with heart ailments, providing a range of non-invasive cardiology services such as 2D Echocardiography, Electrocardiography, Treadmill Tests, Holter monitoring, Ambulatory Blood Pressure Measurement, Stress tests, and Dobutamine Stress Echocardiography.

Located in Bharuch, the hospital features 25 ultra-luxury in-patient beds and is equipped with advanced diagnostic devices for various tests. It also provides high-end coronary care and life-saving equipment, including Intra-aortic Balloon Pump Machines, Biphasic Defibrillators, and Ventilators, ensuring comprehensive care for heart patients.

Maple Hospitals are NABH-certified as small primary-level healthcare organisations, reflecting their commitment to quality healthcare services. The hospitals have also received certification from the Atomic Energy Regulatory Board for the PACS System and a fire safety certificate from local regulatory bodies to ensure patient safety. Additionally, they are a member of Globe Bio Care for biomedical waste disposal, emphasising their commitment to environmental responsibility.

As of August 2024, Maple Hospitals are affiliated with 4 PSU insurance companies, 15 private insurance companies, and 8 third-party administrators (TPAs), enhancing their accessibility and patient support. As of March 31, 2024, Broach Lifecare Hospital Limited employs 19 dedicated staff members, ensuring personalised and attentive care for all patients.

Industry Outlook:

1. The Indian medical tourism market is projected to grow from US$ 2.89 billion in 2020 to US$ 13.42 billion by 2026.
2. In FY19, India attracted 697,300 foreign tourists for medical treatment, comprising nearly 7% of all international tourists.

Broach Lifecare Hospital Ltd IPO Objectives

The company plans to allocate the net proceeds from the issuance to the following purposes:

1. Purchase of Machineries;
2. Development of Medical Tourism Web Portal; and
3. General corporate purposes.

Peer Details

The companies considered by Broach Lifecare Hospital as its peers include:

1. Family Care Hospitals Limited
2. KMC Speciality Hospitals (India) Limited
3. Global Longlife Hospital and Research Limited

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Contact Details of Broach Lifecare Hospital Limited

Registered office: 501, 5th Floor, Corporate House, above Bharuch Orthopedic Hospital, R K Casta, Bharuch, Gujarat-392001, India

Phone: +91 94291 87226

E-mail: info@maplehospital.in