Dr Agarwals Health Care Ltd IPO
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Dr Agarwals Health Care Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 753.05 L | ₹ 678.42 L | ₹ 254.09 L | ₹ 1,163.6 L | BSE | ₹ 3027.26 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 29 Jan, 25 | 31 Jan, 25 | 35 | ₹ 13,370 | Book Building | 04 Feb, 25 |
Dr Agarwals Health Care Ltd IPO Dates
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 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Dr Agarwals Health Care Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 1,332.15 | 1,017.98 | 696.08 |
| EBITDA | 303.36 | 177.68 | 117.63 |
| PAT | 23.83 | 31.59 | -1.47 |
| Total Assets | 179.56 | 206.01 | 122.90 |
| Share Capital | 9.33 | 7.93 | 6.86 |
| Total Borrowings | 353.78 | 355.13 | 266.71 |
| Operating Activities (Net Cash) | 153.18 | 123.35 | 57.82 |
| Investing Activities (Net Cash) | 620.07 | 152.24 | 145.56 |
| Financing Activities (Net Cash) | 353.78 | 355.13 | 266.71 |
| Net Cashflow | 63.37 | 97.48 | 60.00 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
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.
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.
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 IPO 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.
- 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.
How To Apply for Dr Agarwals Health Care Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
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.
