Asarfi Hospital Ltd - IPO

Asarfi Hospital Ltd IPO Details

Initial public offer of 51,80,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Asarfi Hospital Limited (The Company or AHL or The Issuer) at an issue price of Rs. 52/- per equity share for cash, aggregating up to Rs. 26.94 crores (Public Issue) out of which 2,60,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 52/- per equity share for cash, aggregating Rs. 1.35 crores was reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 49,20,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 52/- per equity share for cash, aggregating upto Rs. 25.59/- crores is herein after referred to as the Net Issue. The public issue and net issue shall constitute 26.33% and 25.00% respectively of the postissue paid-up equity share capital of the company.*Subject to finalization of basis of allotment.

Objective of issue

Part Funding of Capital Expenditure for Cancer Hospital. Acquiring Land of Leasehold basis for Health Management & Research Institute. General Corporate Purposes.

Asarfi Hospital Ltd Contact Details

Asarfi Hospital Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - cs@asarfihospital.com

Website - www.asarfi.in