
Dr Agarwals Health Care IPO
IPO Listing Details
- Listing Date
04 Feb 2025
- Listing Price
₹396.90
- Listing Change
-1.27%
- Last Traded Price
₹395.55
IPO Details
-
Open Date
29 Jan 2025
-
Close Date
31 Jan 2025
-
Listing Date
04 Feb 2025
- IPO Price Range
₹ 382 to ₹ 402
- IPO Size
₹ 3027.26 Cr
- Listing Exchange
BSE, NSE
IPO Timeline
Dr Agarwals Health Care IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
29-Jan-25 | 0 | 0.06 | 0.12 | 0.07 |
30-Jan-25 | 1.01 | 0.12 | 0.24 | 0.42 |
31-Jan-25 | 4.41 | 0.39 | 0.42 | 1.49 |
Last Updated: 01 April 2025 11:01 AM by 5Paisa
Dr. Agarwal's Health Care Limited offers comprehensive eye care, including cataract and refractive surgeries, consultations, and optical products. As of September 30, 2024, the company had 737 doctors across 193 facilities, serving 2.13 million patients and performing 220,523 surgeries. Known for its trusted brand and clinical excellence, the company operates a scalable hub-and-spoke model with facilities across 14 states and four union territories.
Established in: 2010
CEO: Mr. Adil Agarwal
Peers
Apollo Hospitals Enterprise Ltd
Max Healthcare Institute Ltd
Fortis Healthcare Ltd
Global Health Ltd
Narayana Hrudayalaya Ltd
Krishna Institute of Medical Sciences Ltd
Aster DM Healthcare Ltd
Rainbow Children's Medicare Ltd
Objectives
1. Repayment/prepayment of borrowings
2. General corporate purposes
3. Unidentified inorganic acquisition.
Dr Agarwal's Healthcare IPO Size
Types | Size |
---|---|
Total IPO Size | ₹3,027.26 Cr. |
Offer For Sale | ₹2,727.26 |
Fresh Issue | ₹300.00 Cr. |
Dr Agarwal's Healthcare IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 35 | 13,370 |
Retail (Max) | 14 | 490 | 187,180 |
S-HNI (Min) | 15 | 525 | 200,550 |
S-HNI (Max) | 71 | 2,485 | 949,270 |
B-HNI (Min) | 72 | 2,520 | 962,640 |
Dr Agarwal's Healthcare IPO Reservation
Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
---|---|---|---|---|
QIB | 4.41 | 1,45,19,200 | 6,40,02,575 | 2,572.904 |
NII (HNI) | 0.39 | 1,08,89,400 | 42,75,705 | 171.883 |
Retail | 0.42 | 2,54,08,599 | 1,05,59,535 | 424.493 |
Employees | 0.26 | 15,79,399 | 4,18,110 | 16.808 |
Total** | 1.49 | 5,35,26,172 | 7,98,30,135 | 3,209.171 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
Dr Agarwal's Healthcare IPO Anchor Allocation
Anchor Bid Date | 28 January, 2025 |
Shares Offered | 2,17,78,798 |
Anchor portion Size (In ₹ Cr.) | 875.51 |
Anchor lock-in period end date for 50% shares (30 Days) | 5 March, 2025 |
Anchor lock-in period end date for remaining shares (90 Days) | 4 May, 2025 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Revenue | 713.78 | 1031.49 | 1376.45 |
EBITDA | 199.82 | 283.86 | 406.55 |
PAT | 43.16 | 103.23 | 95.05 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Total Assets | 1026.13 | 1825.17 | 2752.82 |
Share Capital | 6.86 | 7.93 | 9.33 |
Total Borrowings | 290.18 | 356.18 | 387.79 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Net Cash Generated From / (used in) operating activities | 164.33 | 233.11 | 345.96 |
Net Cash Generated From / (used in) investing activities | -155.35 | -509.09 | -913.86 |
Net Cash Generated From / (used in) financing activities | 35.43 | 303.34 | 552.67 |
Net Increase (Decrease) In Cash And Cash Equivalents | 44.41 | 27.36 | -15.23 |
Strengths
1. Largest eye care provider in India with a trusted and established brand.
2. Comprehensive end-to-end eye care services for a wide range of patients.
3. Scalable, asset-light hub-and-spoke operating model for efficient service delivery.
4. Strong clinical board and history of surgical innovations ensuring clinical excellence.
5. Proven growth through organic expansion, acquisitions, and improved profitability.
Risks
1. Limited presence in some remote areas, reducing accessibility for certain populations.
2. High competition from other established eye care providers in India.
3. Dependence on skilled doctors for consistent service quality and performance.
4. Potential high costs associated with advanced medical technology and treatments.
5. Regulatory changes in healthcare may impact operational flexibility and growth.
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FAQs
Dr Agarwal's Healthcare IPO opens from 29 January 2025 to 31 January 2025.
The size of Dr Agarwal's Healthcare IPO is ₹3,027.26 Cr.
The price of Dr Agarwal's Healthcare IPO is fixed at ₹382 to ₹402 per share.
To apply for Dr Agarwal's Healthcare IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Dr Agarwal's Healthcare IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Dr Agarwal's Healthcare IPO is 35 shares and the investment required is ₹13,370.
The share allotment date of Dr Agarwal's Healthcare IPO is 3 February 2025
The Dr Agarwal's Healthcare IPO will be listed on 4 February 2025.
Kotak Mahindra Capital Company Ltd, Morgan Stanley India Company Pvt Ltd, Jefferies India Pvt Ltd, and Motilal Oswal Investment Advisors Ltd are the book running lead managers for Dr Agarwal's Healthcare IPO.
Dr Agarwal's Healthcare plans to utilise the raised capital from the IPO for:
1. Repayment/prepayment of borrowings
2. General corporate purposes
3. Unidentified inorganic acquisition
Contact Information
Dr Agarwals Health Care
Dr. Agarwal's Health Care Limited
1 st Floor, Buhari Towers
No.4, Moores Road, Off Greams Road,
Near Asan Memorial School, Chennai 600 006
Phone: +91 44 4378 7777
Email: secretarial@dragarwal.com
Website: https://dragarwals.co.in/
Dr Agarwals Health Care IPO Register
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ahcl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Dr Agarwals Health Care IPO Lead Manager
Kotak Mahindra Capital Company Limited
Morgan Stanley India Company Pvt Ltd
Jefferies India Private Limited
Motilal Oswal Investment Advisors Limited