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Aashka Hospitals Ltd

Registered Office: Between Sargasan & Reliance,Cross Road Sargasan, Gandhinagar - 382421, Gujarat, India.
Phone : 91-7575009000   Fax:
Email :  cs@aashkahospitals.in  
Website :  www.aashkahospitals.in

Initial Public Offer of 84,00,000 Equity Shares of face value of Rs.10 each ("equity shares") of Aashka Hospitals Limited ("aashka" or the "company" or the "issuer") for cash at a price of Rs.121 per equity share including a share premium of Rs.111 per equity share (the "offer price") aggregating to Rs.101.64 Crores ("the offer") comprising of a fresh issue of 54,00,000 equity shares aggregating to Rs. 65.34 Crores (the "fresh issue") and an offer for sale of 30,00,000 equity shares by the promoter selling shareholders and the selling shareholders ("offer for sale") aggregating to Rs.36.30 Crores of which 4,80,000 equity shares of face value of Rs.10 each for cash at a price of Rs.121 per equity share including a share premium of Rs.111 per equity share aggregating to Rs.5.81 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The offer less the market maker reservation portion i.e net offer of 79,20,000 equity shares of face value of Rs.10 each at a price of Rs.121 per equity share including a share premium of Rs. 111 per equity share aggregating to Rs. 95.83 Crores (the "net offer"). The offer and the net offer will constitute 35.90% and 33.85% respectively of the post offer paid up equity share capital of the company. The face value of the equity share is Rs.10 each and the issue price is 12.10 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
10-Aug-21 24-Aug-21 121.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1000   Further Multiples of : 1000
  Rs Cr Lead Managers to the Issue
Project Cost 65.34 Fedex Securities Pvt Ltd
Project Financed through Current Offer 101.64  
Post Issue Equity Share Capital 23.40  
Issue Price 121.00  

Projects

  • Repayment/Prepayment, in full or part, of certain Borrowings availed by the Company
  • Funding of the Inorganic Growth Initiatives
  • General Corporate Purposes

Promoted By

Bipinchandra Shah

Listing At

BSE - SME

Registrar to the Issue

No Data Available

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