IPO Details
Bidding Dates
07 Sep '23 - 11 Sep '23
Minimum Investment
₹132,000 / 1 Lots (1000 Shares)
Price Range
₹126 - ₹132
Maximum Investment
₹132,000 / 1 Lots (1000 Shares)
Retail Discount
Not Applicable
Issue Size
₹56.55 Cr
Investor category and sub category
Qualified Institutional Buyers | Non-Institutional Investors | Retail Individual Investors |Unihealth Consultancy IPO Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
Sep 7, 2023
IPO Closing Date
Sep 11, 2023
Basis of Allotment
Sep 14, 2023
Initiation of Refunds
Sep 17, 2023
Credit of Shares to Demat Account
Sep 19, 2023
IPO Listing Date
Sep 20, 2023
UPI mandate confirmation
Sep 11, 2023
About Unihealth Consultancy Ltd
Unihealth Consultancy is a healthcare service provider based out of Mumbai, India. The company operates two multi-speciality facilities i.e. UMC Victoria Hospital in Kampala, Uganda and UMC Zhahir Hospital in Kano, Nigeria, and also a dedicated dialysis facility in Mwanza, Tanzania. The two hospitals have a combined capacity of 200 beds. They are also providing consultancy services to set up a 300+ bedded Health City in Undri, Pune (Maharashtra, India) for PHRC Lifespaces Organisation, along with a few other projects in Kenya and Angola.
Their business segments include Medical Centres, Hospitals, Consultancy
Services, Distribution of Pharmaceutical and Medical Consumable Products and Medical Value Travel. They also export and distribute pharmaceutical and medical consumable products of various India-based companies in Uganda, Tanzania and Nigeria.
The hospital industry in India was valued at $ 61.79 Bn in FY 2017 and is expected to reach $132 Bn by FY 2023, growing at a CAGR of 16%-17%. The healthcare industries in Uganda, Nigeria and Tanzania are still developing, with support from government investment and aid. However, the demand for basic healthcare services is expected to grow in all three countries, thus expanding the serviceable available market for Unihealth Consultancy.
Unihealth Consultancy Ltd IPO Details
Unihealth Consultancy Ltd IPO Date
Retail investors can bid for the Unihealth Consultancy IPO that will be open between Friday, September 8, 2023 and Tuesday, September 12, 2023. The IPO will be listed on the NSE SME exchange on Thursday, September 21, 2023.
Unihealth Consultancy Ltd IPO Price Band
Unihealth Consultancy is a 100% book-built IPO with a price range of ₹126 to ₹132 per share.
Unihealth Consultancy Ltd IPO Lot Size
The Unihealth Consultancy Ltd IPO has a lot size of 1000 shares. Therefore, the minimum investment will be around ₹1,26,000.
Unihealth Consultancy Ltd IPO Objectives
The net proceeds of the fresh issue are proposed to be utilised in the following manner:
- Meet capital expenditure requirements for the proposed expansion and working capital of their joint ventures i.e., Victoria Hospital Limited (VHL), Kampala, Uganda and UMC Global Health Limited (UMCGHL), Nigeria.
- Meeting capital requirements for the expansion and working capital of their subsidiary i.e. Biohealth Limited (BL), Tanzania.
- General corporate purposes.
Peer Details
There are no listed companies in the healthcare sector that majorly operate outside India. Therefore, based on factors such as the scale of the business and exposure to the healthcare industry, KMC Speciality Hospitals (India) Ltd is considered as a peer by Unihealth.
How to Check the Allotment Status of the Unihealth Consultancy Ltd IPO?
A: Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the individual order details page of the IPO that you had applied for.
- Check the IPO allotment status. As such, Angel One will notify you of your IPO allotment status via push notification, email and SMS.
Contact Details of Unihealth Consultancy Ltd
Registered office: H-13 & H-14, Everest , 9th Floor, 156 Tardeo Road, Mumbai-400034, Maharashtra, India
Phone: 022 2354 4625
E-mail: cs@unihealthonline.com
Unihealth Consultancy Ltd. Company Financials
| Particulars | Period Ending on March 31, 2023 (₹ cr.) | Period Ending on March 31, 2022 (₹ cr.) | Period Ending on March 31, 2021 (₹ cr.) |
|---|---|---|---|
| Total Income | 46.03 | 37.93 | 28.64 |
| Profit After Tax (PAT) | 46.03 | 3.82 | 5.01 |
| Current Ratio | 2.29 | 1.85 | 1.85 |
| Return on Capital Employed | 20.99% | 20.08% | 14.08% |
| Interest Coverage Ratio | 3.86 | 2.43 | 6.94 |
Know before investing
Strengths
3-
The company has a major presence abroad that opens up its prospects on a global stage. With the experience of setting up greenfield projects and partnerships in multiple countries, their business can be more scalable than those companies restricted to single country.
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They have started diversifying their product lines and revenue sources. Their experience in managing multiple projects and product lines in different regulatory environments gives them the required expertise to build a brand as a consultant.
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Over the past 3 years, they have majorly improved their revenues, profitability, and capital efficiency.
Risks
3-
As of March 31, 2023, over 65% of the revenue comes from the one hospital in Kampala, Uganda. This is an excess concentration of revenue from a single source and creates a major risk to stable cash flows for the company.
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They have to rely on third-party suppliers for their medical consumable products.
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Because their major revenue sources are from abroad, their business is exposed to the associated risks such as foreign exchange risk, regulatory risk, operational risks and risk of India’s credit ratings getting lower and consequent increase in the cost of capital.
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Unihealth Consultancy IPO FAQs
Unihealth Consultancy IPO is a fresh issue IPO. It is a book-building issue with a price range of ₹126 to ₹132 per share. The issue opens on September 8th, 2023.
The allotment will happen on September 15th, 2023.
The IPO subscription window will open on September 8th, 2023.
Retail investors can apply for a minimum of one lot, which consists of 1000 shares.
Unihealth Consultancy Ltd IPO will be listed on the NSE SME on September 21, 2023.
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the individual order details page of the IPO that you had applied for.
- Check the IPO allotment status as such, Angel One will notify you of your IPO allotment status via push notification, email and SMS.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange, which is September 21, 2023, for Unihealth Consultancy Ltd.
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.
