The Asarfi Hospital Limited IPO started on July 17, 2023, and ended on July 19, 2023. Shares were allocated on July 24, 2023, and refund processes began on July 25, 2023. On July 26, 2023, the shares were credited to investors’ demat accounts. Asarfi Hospital was officially listed on the stock exchange on July 27, 2023.
During the IPO, Asarfi Hospital offered shares at a price range of ₹51 to ₹52 per share, and the lot size was 2000 shares. The total issue size was ₹26.94 crores, with ₹26.94 crores from new shares. The IPO was listed on the BSE SME.
Regarding share reservations, 19.00% of the shares were allocated to Qualified Institutional Buyers (QIB), 14.25% were reserved for Non-Institutional Investors (NII), and 33.24% were set aside for retail investors.
Asarfi Hospital IPO Subscription Status Details
The Asarfi Hospital IPO has been subscribed by different categories of investors. The retailers have subscribed to it 167.81 times, while the Non-Institutional Investors (NII) have subscribed 451.62 times. The Qualified Institutional Buyers (QIB) have subscribed 50.60 times.
| Category | Subscription |
| QIB | 50.60x |
| NII | 451.62x |
| Retail | 167.81x |
| Total | 195.14x |
Established in 2005, Asarfi Hospital Limited has been providing healthcare services to the residents of Jharkhand. Founded by Nayan Prakash Singh and Harendra Singh in honor of their mother, Asarfi Devi, the hospital has become a prominent healthcare facility in Dhanbad, Jharkhand. With a capacity of 250 beds, Asarfi Hospital offers a wide range of medical specialties and has been serving the community for nearly two decades.
The hospital holds accreditation from the National Accreditation Board for Testing and Calibration Laboratories (NABL), ensuring its commitment to high standards of quality and service.
Asarfi Hospital boasts a dedicated team of doctors who provide expert care and treatment to patients. The hospital’s comprehensive healthcare services encompass prevention, treatment, and rehabilitation, prioritizing the well-being of patients.
In order to extend its reach and cater to a larger audience, Asarfi Hospital has partnered with various government agencies, insurance and third-party administrators (TPAs), and corporate organizations to offer regular healthcare services to their employees.
The hospital’s departments span various medical specialties, including Cardiology, General Medicine, Day Care Services, Pediatrics & Neonatology, Obstetrics & Gynecology, Neurosciences, General Surgery, Gastroenterology, Pulmonology, Orthopedics, Plastic Surgery & Cosmetics, Nutrition & Dietetics, Oncology, Urology, Ophthalmology, Radiology, ENT, Dental, Nephrology, Physiotherapy, Emergency Medicine, Anesthesiology & Critical Care, Pain Management, and more.
Asarfi Hospital IPO More Details Click Here
When Asarfi Hospital IPO Subscription will start and end?
The Asarfi Hospital IPO started on July 17, 2023, and ended on July 19, 2023.
When Asarfi Hospital IPO Subscription will start?
The Asarfi Hospital IPO started on July 17, 2023.
When Asarfi Hospital IPO Subscription will end?
The Asarfi Hospital IPO ended on July 19, 2023.
When were the shares credited to investors demat accounts for the Asarfi Hospital IPO?
The shares for the Asarfi Hospital IPO were credited to investors demat accounts on July 26, 2023.
When was Asarfi Hospital officially listed on the stock exchange?
Asarfi Hospital was officially listed on the stock exchange on July 27, 2023.
What was the price range of the Asarfi Hospital IPO shares?
The Asarfi Hospital IPO shares were offered at a price range of ₹51 to ₹52 per share.
What was the lot size for the Asarfi Hospital IPO shares?
The lot size for the Asarfi Hospital IPO shares was 2000 shares.
What was the total issue size of the Asarfi Hospital IPO?
The total issue size of the Asarfi Hospital IPO was ₹26.94 crores.
How were the shares allocated among different types of investors for the Asarfi Hospital IPO?
19% of the shares were allocated to Qualified Institutional Buyers (QIB), 14.25% were reserved for Non-Institutional Investors (NII), and 33.24% were set aside for retail investors.
On which stock exchanges was the Asarfi Hospital IPO listed?
The Asarfi Hospital IPO was listed on the BSE SME.
