Yatharth Hospital IPO Dates

Important dates with respect to IPO allotment and listing

IPO Open Date

To be announced

About Company

Yatharth Hospital IPO combines fresh issues worth Rs 6,100 million and up to 6,551,690 equity shares in offer for sale from the promoters. YHTC is among the prominent healthcare providers in Delhi NCR and Utter Pradesh regions, with four hospitals.

About Yatharth Hospital:

Yatharth Hospital starting in 2008 with one clinic, has expanded to become one of the top ten private hospitals in Delhi NCR and Utter Pradesh by the number of beds. Their Noida Extension hospital, with 450 beds, is one of the largest hospitals in the region. 

They operated as a Super Specialty Hospital and carved out Centre of Excellences for several speciality services. As of January 2022, they have 370 doctors associated with them.

Yatharth Hospital IPO Objectives: 

Here are a few quick reasons why Yatharth Hospital is going public.

  • They will use the funds to meet the capital expenses of their two hospitals in Noida. A significant portion of the corpus will be used for funding expenses of the company’s subsidiaries. 
  • The company will use the money to promote inorganic growth.
  • Yatharth Hospital, looking to reduce its net debt burden, will replay and pre-pay some of its borrowings.

Why should you invest in the Yatharth Hospital IPO? 

Below are your top three reasons. 

  • Yathrtha Hospital enjoys strong brand recall as one of the top super speciality hospitals in the region. 
  • Their revenue from operation remained unaffected by the COVID outbreak, exhibiting strong growth potential.
  • Their hospitals have international quality standards, with three in Delhi NCR being NABH certified.

Yatharth Hospital Noteworthy Highlights:

  • The hospital operates in an area that is multiplying economically and by population. 
  • They are currently expanding their patient intake capacities through subsidiaries.

Yatharth Hospital Financials

Particulars FY21 FY20 FY19
Revenue From Operation 2286.74 1460.38 1018.33
EBITDA 670.11 375.73 194.51
Profit Before Tax 281.23 24.88 50.16
EPS 11.09 0.79 2.50
ROE 25.06% 2.40% 7.51%

Know before investing

Strengths

3

They are among the top ten private healthcare providers with multi-speciality services.

The brand has recently acquired a 305-bed facility, taking its bed capacity to 1405.

Their ability to pass on the increasing cost of healthcare successfully to patients.

Risks

3

The continuity of their service depends on their ability to retain experienced doctors and healthcare professionals. A higher attrition rate would damage future profit potential.

Inability to maintain and enhance a brand’s reputation and awareness can lead to financial damages.

As their hospitals are concentrated in the Delhi region, any severe development and economic growth in the area can impact their growth.

  • 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

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Yatharth Hospital Peer Comparison

Key Financials EBITDA (in million Rs) 2 Year CAGR (2019-2021) Profit After Tax (PAT)
AHEL 6087 -25% 1368
FHL 4707 -18% -562
HGEL 1430 16% -2211
MHIL 6360 74% -950
NHL 1971 -20% -207
KIMS 3803 50% 2055
BSL 358 -3% -188
GHL 2224 8% 132
JHL -25 NA 1224
KHL 800 35% 233
YHTC 675 85% 196

What is Yatharth Hospital IPO?

Yatharth Hospital IPO combines fresh issues worth Rs 6,100 million and up to 6,551,690 equities in offer for sale.

When will Yatharth Hospital IPO allotment will be available?

Details are not available.

What will be Yatharth Hospital IPO lot size?

Details are not available.

When will Yatharth Hospital IPO open for subscription?

Details are not available.

What is the minimum lot size that retail investors can subscribe to?

Retail investors can apply for a minimum of one lot.

When is the Yatharth Hospital IPO listing date?

Details are not available.

Which exchanges will Yatharth Hospital list on?

Yatharth Hospital IPO will list on BSE and NSE exchanges.

When will Yatharth Hospital list on exchanges?

It usually takes ten working days from the last day of the IPO subscription to complete the listing process.

Is it necessary to approve a UPI mandate request immediately?

To complete the IPO bidding process, investors must approve the UPI mandate within T+1 days. It will allow the bank to freeze the amount in your account.

Can I submit more than one application for the public issue of Yatharth Hospital using one PAN?

No. Only one application is allowed against one PAN card.

Can I alter my bid for Yatharth Hospital’s IPO after confirming its final application?

You can alter the price and lot size of the bid using the changing/revising the bid form available with the application kit. But it could be a challenge to complete the process within the time given.

Who is the owner of Yatharth Hospital?

Dr Kapil Tyagi is the founder of Yatharth Hospital and Amit Singh is the current group CEO of the company.