Aatmaj Healthcare SME IPO

Aatmaj Healthcare Limited

₹1,20,000 /2000 sharesMinimum Investment

Aatmaj Healthcare SME IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
19 Jun ‘23 - 21 Jun ‘23₹1,20,0002,000₹60 - ₹60
Issue SizeIPO Doc
38.40Cr
RHP PDF

About Aatmaj Healthcare SME

Aatmaj Healthcare was founded on March 10, 2014. The company provides medical, surgical, and emergency care services. It also provides surgical treatments across various disciplines, such as cardiology, oncology, radiology, neurosciences, pediatrics, gastroenterology, orthopedics, and critical care. The company offers employees and postgraduate students regular healthcare check-up facilities at affordable rates through partnerships with prominent corporations, organizations, universities, and institutes. Moreover, the company has established associations and affiliations with leading insurance companies, streamlining their patients' insurance claim process under the Mediclaim policy. The healthcare team at Aatmaj Healthcare includes the unit head, consultant doctors, clinical pharmacists, X-ray technicians, microbiologists, medical officers, clinical assistants, medical executives, OT assistants, infection control nurses, nursing staff, attendants, maintenance head, and dieticians/nutritionists. ;
Parent Organisation
Aatmaj Healthcare Limited
Founded
2014
Managing Director
Dr. Tushar Suvagiya

Strengths & Risks

  • The company is known for its state-of-the-art healthcare facilities, where a team of skilled doctors, nurses, and healthcare professionals adhere to established treatment protocols.
  • Integrating multiple disciplines and a cost-effective tertiary care model has enabled the company to attract and retain highly qualified doctors and healthcare professionals.
  • Increased number of revision cases, where patients seek expertise of the company after receiving treatment at other hospitals.
  • 4 hospitals in Vadodara, Gujarat and plans to set up new hospitals
  • The company has not experienced any major strikes, work stoppages, labor disputes or actions by or with its employees.
  • Diversified service offerings
  • Changes in regulations and government policies concerning healthcare schemes could impact the company's business, financial performance, and prospects.
  • The company faces strong competition from other healthcare service providers, which adds pressure to its market position.
  • Unfavorable pricing on medical consumables, pharmacy items, drugs, and surgical instruments, along with an inability to pass on cost increases, could significantly impact the company's profitability. Adverse regulatory changes in the healthcare industry may also contribute to this risk.
  • The company's radiotherapy and diagnostic imaging equipment contain radioactive and nuclear materials, emitting radiation during operation. It exposes the company to potential damages.
  • The company's revenue heavily relies on inpatient treatments. Factors such as changes in patient preferences or healthcare trends could lead to a decline in this segment, affecting overall revenue.
  • The company has experienced negative cash flow in its operating activities in the past years, which presents a financial challenge.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular60 - 60₹2 Lakh
High Networth Individual60 - 60₹2 - 5 Lakh
For Aatmaj Healthcare SME IPO, eligible investors can apply as Regular.
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