31 Mar 2021
Assets37.29
Total Income54.40
Profit After Tax3.53
NET Worth16.90
Reserves and Surplus15.65
Total Borrowing7.13
At a glance
Updated 2026-09-16The shares listed at ₹98.80, a 90.00% move from the issue price. Asarfi Hospital is a SME IPO with an issue size of ₹26.94 crore, proposed for listing on BSE SME. The offer opens on 17th Jul 2023 and closes on 19th Jul 2023. The issue structure includes a fresh issue of ₹25.58 crore. The current listing schedule points to 26th Jul 2023.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹26.94 Cr
Fresh issue₹25.58 Cr
Face value₹10
Price band₹51.00–₹52.00
Allotment24th Jul 2023
Listing26th Jul 2023
Listing performance
Full performance ↗Issue price₹52.00
Listing price₹98.80
Current price—
Listing gain90.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹37.00
GMP / upper price71.15%
Est. listing₹89.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens17th Jul 2023
Closes19th Jul 2023
Allotment24th Jul 2023
Refund25th Jul 2023
Demat26th Jul 2023
Listing26th Jul 2023
Subscription demand
Full bidding ↗Total195.14×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹104,000 |
Company
Incorporated2005
Use of proceeds
| Object | Amount |
|---|---|
| Part Funding of Capital Expenditure of Cancer Hospital at Ranguni, Jharkhand. | ₹12.22 Cr |
| Acquiring Land on Leasehold basis for Health Management and Research Institute at Ranchi, Jharkhand | ₹7.65 Cr |
| General corporate purposes | ₹3.23 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue73.03₹ Cr · +10.3% vs prior year
PAT8.02₹ Cr · +40.0% vs prior year
Assets93.43₹ Cr · +49.0% vs prior year
Net Worth41.84₹ Cr · +84.9% vs prior year
Borrowing17.20₹ Cr · +47.9% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets62.70
Total Income66.20
Profit After Tax5.73
NET Worth22.63
Reserves and Surplus21.38
Total Borrowing11.63
31 Mar 2023
Assets93.43
Total Income73.03
Profit After Tax8.02
NET Worth41.84
Reserves and Surplus27.35
Total Borrowing17.20
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS7.58
Pre-IPO P/E12.78
Promoter holding pre83.03%
Promoter holding post61.17%
Market cap₹102.32 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Asarfi Hospital IPO | — | 12.78 x | — | — |
| Abh Healthcare IPO | — | 20.69 x | — | — |
| Credent Connect IPO | — | 153.66 x | — | — |
| H. R. IPO | — | 17.53 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manger Fees | ₹0.79 Cr |
| Fees Payable to Registrar to the Issue | ₹0.02 Cr |
| Fees Payable to Regulators including Stock Exchanges | ₹0.12 Cr |
| Fees Payable to Legal Advisors | ₹0.01 Cr |
| Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees, Underwriting fees and Miscellaneous Expenses) | ₹2.89 Cr |
Registrar & lead managers
Registrar
Cameo Corporate Services Ltd.Lead managers
- Hem Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-16.
IPO UPDATE ALERTS
Register for IPO Updates →Track Asarfi Hospital without missing an update
Register for subscription, GMP, allotment and listing notifications.