{"id":23053,"date":"2023-07-15T06:12:34","date_gmt":"2023-07-15T06:12:34","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2023\/07\/15\/asarfi-hospital-ipo-to-open-on-july-17-to-list-on-bse-sme\/"},"modified":"2023-07-15T06:12:34","modified_gmt":"2023-07-15T06:12:34","slug":"asarfi-hospital-ipo-to-open-on-july-17-to-list-on-bse-sme","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2023\/07\/15\/asarfi-hospital-ipo-to-open-on-july-17-to-list-on-bse-sme\/","title":{"rendered":"Asarfi Hospital IPO to open on July 17; to list on BSE SME"},"content":{"rendered":"<div>\n<p><img width=\"1200\" height=\"675\" src=\"https:\/\/financialtelegraph.in\/wp-content\/uploads\/2023\/07\/image-117.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/financialtelegraph.in\/wp-content\/uploads\/2023\/07\/image-117.jpg 1200w, https:\/\/pnndigital.com\/wp-content\/uploads\/2023\/07\/image-117-300x169.jpg 300w, https:\/\/pnndigital.com\/wp-content\/uploads\/2023\/07\/image-117-1024x576.jpg 1024w, https:\/\/pnndigital.com\/wp-content\/uploads\/2023\/07\/image-117-768x432.jpg 768w, https:\/\/pnndigital.com\/wp-content\/uploads\/2023\/07\/image-117-150x84.jpg 150w, https:\/\/pnndigital.com\/wp-content\/uploads\/2023\/07\/image-117-450x253.jpg 450w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\"><\/p>\n<p><strong>New Delhi (India), July 15:\u00a0<\/strong>The initial public offering (IPO) of Asarfi Hospital is scheduled to open on July 17. The public issue will remain open till July 19 for bidding.<\/p>\n<p>The shares of the company will be listed on BSE SME, a platform for small and medium enterprises, the company said in a statement.<\/p>\n<p>The initial share sale comprises entirely a fresh issue of 51.80 lakh equity shares, aggregating up to Rs 26.94 crore. The Company is offering its equity shares at a price band of Rs 51-52. Investors can bid for 2,000 shares in one lot.<\/p>\n<p><a href=\"https:\/\/www.hemsecurities.com\/\">Hem Securities Limited<\/a>\u00a0is the Book Running Lead Manager to the public issue, while Cameo Corporate Services is the Registrar.<\/p>\n<p>The shares allotment will be finalised on July 24, and the listing will take place on July 27.\u00a0<\/p>\n<p>Asarfi Hospital is a 250 bedded multi-speciality hospital with 23 departments. It has 70 doctors and, 242 nursing staff &amp; 481 other staff. Its top revenue-generating Specialties are Cardiology, Neurosciences, General Medicine, Paediatrics &amp; Obstetrics. \u00a0<\/p>\n<p>The Hospital has been serving people for over 15 years in Dhanbad in the eastern state of Jharkhand.<\/p>\n<p>ARPOB (Average revenue per occupied bed) of Rs 20,068 with an Average bed occupancy rate of 65% and an average length of stay of 4 days in FY23, the company said in a statement.<\/p>\n<p>It added that a new 50 bedded dedicated Cancer Hospital is currently under construction in Dhanbad.<\/p>\n<p>Also, a Health Management &amp; Research Institute is proposed in Ranchi, Jharkhand, for which land has been allotted by the Ranchi Smart City Corporation Ltd., a Government of Jharkhand undertaking.<\/p>\n<p>In FY23, the company achieved revenue from operations of Rs 70.7 crore with EBITDA of Rs 13.77 crore and PAT of Rs 8.01 crore. 43% of Revenue was earned by Cardiology &amp; Neurosciences Departments.<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi (India), July 15:\u00a0The initial public offering (IPO) of Asarfi Hospital is scheduled to open on July 17. The public issue will remain open till July 19 for bidding. &hellip; <a href=\"https:\/\/financialtelegraph.in\/index.php\/2023\/07\/15\/asarfi-hospital-ipo-to-open-on-july-17-to-list-on-bse-sme\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":23054,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[448],"class_list":["post-23053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","entry"],"_links":{"self":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/23053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/comments?post=23053"}],"version-history":[{"count":0,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/23053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media\/23054"}],"wp:attachment":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media?parent=23053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/categories?post=23053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/tags?post=23053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}