IPO Details
Bidding Dates
To be announced
Minimum Investment
To be announced
Price Range
To be announced
Maximum Investment
To be announced
Retail Discount
To be announced
Issue Size
Equity shares aggregating up to ₹402.00 lakhs
Investor category and sub category
Qualified Institutional Buyers | Retail Individual Investors | Non-institutional Investor |About Broach Lifecare Hospital Ltd
Broach Lifecare Hospitals operates boutique hospitals under the brand “Maple Hospitals”. It provides dedicated round-the-clock services to patients with heart ailments consisting of non-invasive cardiology services such as, 2D Echocardiography, Electrocardiography, Tread Mill Test, Holter monitoring, Ambulatory Blood Pressure Measurement, Stress test, Dobutamine Stress Echocardiography. Their hospital in Bharuch is an ultra-luxury hospital with 25 beds for in-patient treatment and is also equipped with diagnostic devices for performing tests.
In FY 2023, they ventured into interventional cardiac services such as coronary angiography and stenting, percutaneous coronary intervention (“PCI”) and primary PCI for acute myocardial infarction as a division, among other services. They also offer a complete range of diagnostic and therapeutic options, such as endovascular revascularisation, deep vein thrombosis treatment and peripheral angioplasty.
Indian medical tourism market was valued at US$ 2.89 billion in 2020 and is expected to reach US$ 13.42 billion by 2026. For a speciality hospital like Broach Lifecare Hospital, which can offer ultra-luxury solutions in a variety of diseases, this provides an opportunity for future growth.
Broach Lifecare Hospital Ltd IPO Details
Broach Lifecare Hospital Ltd IPO Dates
The dates for bidding for the Broach Lifecare Hospital IPO are yet to be announced.
Broach Lifecare Hospital Ltd IPO Price Band
Broach Lifecare Hospital is a fixed price IPO. The exact price is yet to be announced.
Broach Lifecare Hospital Ltd IPO Lot Size
The Broach Lifecare Hospital Ltd IPO lot size is not announced yet.
Broach Lifecare Hospital Ltd IPO Objectives
The proceeds from the fresh issue will be used for:
- Purchase of machinery.
- Development of medical tourism web portal.
- General corporate purposes.
Peer Details
The following is a listed peer company of Broach Lifecare Hospital in India:
- Family Care Hospitals Limited
- KMC Speciality Hospitals (India) Limited
- Global Longlife Hospital and Research Limited
How To Check the Allotment Status of the Broach Lifecare Hospital Ltd IPO?
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Contact Details of Broach Lifecare Hospital Ltd
Registered office: 501, 5th Floor, Corporate House, above Bharuch Orthopedic Hospital, R K Casta, Bharuch, Gujarat - 392001, India
Phone: +91 94291 87226
E-mail: info@maplehospital.in
IPO Financials
| Particulars | Period Ending on June 30, 2023 (Amount in ₹ lakhs) | Year Ending on March 31, 2023 (Amount in ₹ lakhs) | Year Ending on March 31, 2022 (Amount in ₹ lakhs) | Year Ending on March 31, 2021 (Amount in ₹ lakhs) |
|---|---|---|---|---|
| Total Income | 68.84 | 192.49 | 347.66 | 380.24 |
| Profit for the Year | 20.70 | 13.85 | 45.91 | 76.52 |
| Return on Capital Employed | 10.05% | 9.49% | 25.58% | 45.50% |
| Debt Service Coverage Ratio | 5.32 | 3.46 | 15.86 | 9.57 |
Know before investing
Strengths
2-
The hospital is strategically located near the industrial belt of Bharuch and Ankleshwar, Gujarat, surrounded by chemical, API, fertilisers and pharma manufacturing units where employee health is a great concern.
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Their strategy is to increase their service offerings and the number of patients treated. As a part of their plan, they are looking to add a Cath Lab. Accordingly, they will use a part of their net proceeds towards the purchase of Cath Lab machines.
Risks
2-
Their operations are based in Bharuch and Ankleshwar in Gujarat. Any reduction in patient footfall, regulatory changes, reputational harm, liabilities on account of medical negligence, adverse publicity or natural calamities could have a material adverse effect on the business.
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Their industry is highly regulated and requires them to obtain, renew and maintain statutory and regulatory permits, accreditations, and licenses and comply with applicable safety, health, environmental, labour and other governmental regulations.
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Broach Lifecare Hospital Ltd IPO FAQs
Broach Lifecare Hospital’s IPO is a fixed-price IPO. The dates for the IPO are yet to be announced.
The date of allotment is not announced yet.
The IPO subscription window is not announced yet.
The lot size for the IPO is yet to be announced.
The listing date for Broach Lifecare Hospital is not announced yet.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange. The date of listing is yet to be announced.
Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
