IPO - Check IPO Date, Price, Lot Size

Dr Agarwals Health Care Ltd IPO

We provide a comprehensive range of eye care services, including cataract, refractive and other surgeries; consultations, diagnoses and non-surgical treatments; and sell opticals, contact lens and accessories, and eye care related pharmaceutical products. We endeavour to address all the needs of our patients in their eye treatment journey through a network, which as of September 30, 2024, comprised 209 Facilities.

Dr Agarwals Health Care Ltd IPO Details

Total Shares Offered

₹ 7,53,04,970

Offer to Public

6,78,42,284

Retail Max (Shares)

₹ 2,54,08,599

Pre Issue Promoters Holding

₹ 11,63,59,650

Exchange

BSE

Issue size

₹ 3027.26 Cr

IPO Open Date

Jan 29, 2025

Close Date

Jan 31, 2025

Lot Size

Min Investment

₹ 13,370

Issue Type

Book Building

Listing Date

Feb 4, 2025

Dr Agarwals Health Care Ltd IPO Dates

Jan 29, 2025

Opening date

Jan 31, 2025

Closing date

Feb 1, 2025

Basis of Allotment

Feb 3, 2025

Initiation of Refunds

Feb 3, 2025

Credit of Shares

Feb 4, 2025

Listing date

Details

Sector	Type
Sector	Healthcare
Sub Sector	NA
Issue Type	Book Building

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	1.86x	36297998	67361280
NII	0.4x	10889400	4307310
Retail	0.41x	25408599	10540285
Employee	0.27x	1579399	425565
Total	1.11x	75304970	83218380

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

1.86x

0.4x

0.41x

0.27x

1.11x

36297998

10889400

25408599

1579399

75304970

67361280

4307310

10540285

425565

83218380

Dr Agarwals Health Care Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	1,711.00	1,332.15	1,017.98
EBITDA	350.62	303.36	177.68
PAT	21.93	23.83	31.59
Total Assets	404.79	182.06	206.01
Share Capital	31.59	9.33	7.93
Total Borrowings	236.78	356.28	355.13
Operating Activities (Net Cash)	177.94	153.18	123.35
Investing Activities (Net Cash)	711.31	620.07	152.24
Financing Activities (Net Cash)	236.78	356.28	355.13
Net Cashflow	193.96	63.37	97.48

About Dr Agarwals Health Care Ltd

Our Company was incorporated as `Dr. Agarwal's Health Care Limited' at Chennai, Tamil Nadu as a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated April 19, 2010, issued by the Registrar of Companies, Tamil Nadu and Andaman and Nicobar Island at Chennai (RoC) and commenced operations pursuant to a certificate for commencement of business dated May 29, 2010 issued by the RoC.

According to the CRISIL MI&A Report, the eye care market in India has grown at a compounded annual growth rate of 11.5 % between the Financial Years 2019 and 2024 to reach the value of ?378 billion in the Financial Year 2024. This market includes surgical and non-surgical treatments for patients suffering from various eye disorders. Surgical treatments in this industry includes cataract surgery, glaucoma, retina surgeries, refractive surgeries, cornea and other eye related surgeries. Cataract surgery has the largest share of eye care surgery in India. Non-surgical treatments in the industry include general checkups, pre-treatment assessment, post-treatment follow ups, diagnostics etc.

Peer Comparison:

Dr Agarwal's Health Care Ltd
Apollo Hospitals Enterprise Ltd
Max Healthcare Institute Ltd
Fortis Healthcare Ltd
Global Health Ltd
Narayana Hrudayalaya Ltd
Krishna Institute of Medical Sciences Ltd
Aster DM Healthcare Ltd
Rainbow Children's Medicare Ltd

Dr Agarwals Health Care Ltd Key Points

Strengths

Largest eyecare services provider in India with a trusted brand.

End-to-end, comprehensive eyecare services offering.

Scalable, asset-light, hub-and-spoke operating model.

Proven clinical excellence driven by a strong clinical board and history of surgical innovations.

Doctor-promoters leading a team of qualified medical professionals and supported by an experienced management.

Risk

The company engage doctors through retainership arrangements and there is no assurance that its doctors will not prematurely terminate their arrangements with it. If the company is not able to attract and retain its doctors and other medical professionals, the company business, financial condition, results of operations and cash flows may be adversely affected.

The company business depends on the strength of the company brand equity and reputation. Failures to maintain and enhance its brand equity and reputation, including due to negative publicity, may adversely affect its business, reputation, financial condition, results of operations and prospects.

The company operates in a regulated industry, and its failures to comply with applicable safety, health, environmental, labor and other regulations, or to obtain or renew approvals, may adversely affect its business, reputation, financial condition, results of operations and cash flows.

Strategy

Continued organic expansion of our network in India.

Strengthen our brand equity with community, patients, and doctors across India.

Undertake opportunistic acquisitions and restructuring to scale our operations, leveraging our experience of inorganic growth and integration

Attracting and retaining qualified doctors and paramedics through continuous training, knowledge sharing and upskilling.

Focus on improving profitability and Facility-level growth and enhancing operational efficiencies.

How To Apply for Dr Agarwals Health Care Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Dr Agarwals Health Care Ltd IPO?

Dr Agarwals Health Care Ltd's IPO offers shares for up to 300 It begins on Jan 29, 2025 and ends on Jan 31, 2025.

What is the price of the Dr Agarwals Health Care Ltd IPO?

The price of Dr Agarwals Health Care Ltd IPO ranges between ₹382 to ₹402 per share.

What are the open and close dates for the Dr Agarwals Health Care Ltd IPO?

The Dr Agarwals Health Care Ltd IPO opens on Jan 29, 2025 and closes on Jan 31, 2025.

When will the Dr Agarwals Health Care Ltd IPO be allotted?

The allotment for the Dr Agarwals Health Care Ltd IPO will be finalised on Feb 1, 2025. The shares will be listed on BSE and NSE on Feb 4, 2025.

What is the minimum lot size required for Dr Agarwals Health Care Ltd IPO?

The minimum lot size for Dr Agarwals Health Care Ltd IPO is 35 shares, priced between ₹382 to ₹402 per share.

What is the GMP of Dr Agarwals Health Care Ltd IPO?

The GMP (Grey Market Premium) of Dr Agarwals Health Care Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Dr Agarwals Health Care Ltd IPO?

To check the allotment status of Dr Agarwals Health Care Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Dr Agarwals Health Care Ltd IPO getting listed?

The Dr Agarwals Health Care Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jan 29, 2025, and closes on Jan 31, 2025. The allotment is finalised on Feb 1, 2025.

How do you apply for the Dr Agarwals Health Care Ltd IPO?

To apply for the Dr Agarwals Health Care Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.