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.
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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 |
Yatharth Hospital IPO combines fresh issues worth Rs 6,100 million and up to 6,551,690 equities in offer for sale.
Details are not available.
Details are not available.
Details are not available.
Retail investors can apply for a minimum of one lot.
Details are not available.
Yatharth Hospital IPO will list on BSE and NSE exchanges.
It usually takes ten working days from the last day of the IPO subscription to complete the listing process.
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.
No. Only one application is allowed against one PAN card.
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.
Dr Kapil Tyagi is the founder of Yatharth Hospital and Amit Singh is the current group CEO of the company.
