Broach Lifecare Hospital Ltd IPO

Last Updated: 26 August 2024 10:19 PM by chetan

Last Updated: 16th August 2024, 5:18 PM by 5paisa

Broach Lifecare Hospital IPO is set to open on 13 August 2024 and will close on 16 August 2024. The company offers boutique hospitals under the brand name "Maple Hospitals." 

The IPO includes a fresh issue of 16,08,000 shares aggregating up to ₹4.02 Cr. The price range is ₹25 per share and the lot size is 6000 shares. 

The allotment is scheduled to be finalized on 19 August 2024. It will go public on BSE SME, with a tentative listing date of 21 August 2024.

Fedex Securities Pvt Ltd is the book-running lead manager, while Kfin Technologies Limited is the registrar. 

1. Purchase of Machineries
2. Development of Medical Tourism Web Portal

Broach Lifecare Hospital Limited, founded in 2023, offers boutique hospitals under the brand name "Maple Hospitals." The company offers non-invasive cardiology services around the clock to patients with heart conditions, including 2D echocardiography, electrocardiography, treadmill tests, Holter monitoring, ambulatory blood pressure measurement, stress tests, and dobutamine stress echocardiography.

The Bharuch hospital contains 25 ultra-luxury in-patient beds and is outfitted with modern diagnostic gadgets and high-end coronary care equipment, such as an intra-aortic balloon pump machine, biphasic defibrillator, and ventilators.

The hospitals are NABH-certified as modest primary-care groups. They also have Atomic Energy Regulatory Board certificates for the PACS System and a fire safety certificate from local authorities to assure patient safety. In addition, they work with Globe Bio Care to dispose of biological waste.

As of August 2024, the company's hospitals have cooperated with four public-sector insurance providers, fifteen private insurance companies, and eight third-party administrators. As of March 31, 2024, Broach Lifecare Hospital Limited employed 19 people.

Peers

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