Aashka Hospitals Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Aashka Hospitals Ltd IPO
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	(Rs)121.00-0.00	(Rs)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

(Rs)121.00

Projects

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

Promoted By
Bipinchandra Shah

Listing At
BSE - SME

Registrar to the Issue

Accurate Securities & Registry