Broach Lifecare Hospital SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Broach Lifecare Hospital IPO. Explore Broach Lifecare Hospital IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Broach Lifecare Hospital Limited is a healthcare provider specializing in cardiovascular diagnostics and therapeutic services, operating under the brand Maple Hospitals. Established by Dr. Jaykumar Narendra Vyas in 2016, the hospital began as Dr. Vyas’s Heart Hospital and expanded with a satellite nursing home in Ankleshwar, Gujarat in 2018. With a commitment to delivering comprehensive cardiac care, the hospital offers a wide range of non-invasive and interventional cardiology services, alongside advanced diagnostic and therapeutic options. Equipped with state-of-the-art technology and certified by the National Accreditation Board for Hospitals & Healthcare Providers (NABH), Broach Lifecare Hospital Limited is dedicated to providing high-quality, cost-effective healthcare services.
Key Points:
- Brand and Services:
- Operates under the brand "Maple Hospitals".
- Offers comprehensive cardiovascular diagnostics and therapeutic services.
- Non-invasive cardiology services include 2D Echocardiography, Electrocardiography, Tread Mill Test, Holter monitoring, and more.
- Interventional cardiology services introduced in mid-2023, including coronary angiography, stenting, and pacemaker implantation.
- Patient Care and Services:
- Emphasizes cost-effective, quality medical services.
- Personal interaction with patients to build trust and reputation.
- Provides a complete range of diagnostic and therapeutic options, including treatment for deep vein thrombosis and peripheral angioplasty.
- Strategic Location and Partnerships:
- Located near the industrial belt of Bharuch and Ankleshwar.
- Engages with public sector undertakings and private companies for employee treatment and medical check-ups.
- Affiliated with insurance companies to facilitate patient insurance claims.
Objects of the Issue
- Purchase of Machineries
- Development of Medical Tourism Web Portal
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 13 Aug - 16 Aug 2024 |
| IPO Price Band | ₹ 25 per share |
| Fresh Issue | 16,08,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 4.02 crore |
| Face Value | ₹ 10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 13 Aug 2024 |
| IPO Closing Date | 16 Aug 2024 |
| Basis Of Allotment | 19 Aug 2024 |
| Refunds | 20 Aug 2024 |
| Demat Transfer | 20 Aug 2024 |
| IPO Listing Date | 21 Aug 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 3.80 | 3.48 | 1.92 | 2.61 |
| Total Expenses | 2.77 | 2.53 | 1.73 | 1.67 |
| Net Profit/Loss | 0.77 | 0.46 | 0.14 | 0.70 |
| NPM (*) | 20.89 | 13.54 | 7.63 | 26.77 |
| Total Assets | 3.60 | 5.92 | 8.18 | 5.72 |
| Total Liabilities | 1.68 | 3.66 | 6.02 | 0.25 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | NA | NA | NA | 1.92 |
| ROE (%) | 39.95 | 20.39 | 6.40 | 12.76 |
| ROCE (%) | 44.54 | 21.42 | 5.77 | 17.09 |
| D/E Ratio | 0.37 | 1.13 | 2.74 | 0.00 |
| Current Ratio | 0.68 | 0.45 | 2.06 | 5.95 |
| EBITDA MARGIN (%) | 36.45 | 40.00 | 48.16 | 39.38 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Broach Lifecare Hospital Limited | 2.61 | 13.02 | 1.92 | 12.75 | 12.26 |
| Family Care Hospitals Limited (formerly known as Scandent Imaging Limited) | 40.01 | 3.37 | 2.32 | 21.50 | 10.81 |
| KMC Speciality Hospitals (India) Limited | 177.18 | 44.26 | 1.86 | 21.16 | 8.80 |
| Global Longlife Hospital and Research Limited | 13.51 | -14.42 | -2.08 | -8.44 | 2.47 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 88.5 |
| Retail Individual Investor (RII) | 226.32 |
| Total | 159.11 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Company Promoters
- Dr. Jaykumar Narendra Vyas
- Dr. Shachi Jaykumar Vyas
- Mrs. Dhyuti Krupesh Joshi
Lead Managers
- FEDEX SECURITIES PRIVATE LIMITED
Company Address
Broach Lifecare Hospital Limited
501, 5th Floor, Corporate House, above Bharuch Orthopedic Hospital, R K Casta, Bharuch, Gujarat-392001, India
Phone: +91 94291 87226
Email: info@maplehospital.in
Website: www.maplehospital.in
FAQs
- What is the issue size of the Broach Lifecare Hospital SME IPO?The Broach Lifecare Hospital SME IPO has an issue size of Approx ₹ 4.02 crore. This includes a fresh issue of 16,08,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Broach Lifecare Hospital IPO?The price band for the Broach Lifecare Hospital IPO is ₹ 25 per share.
- What are the bidding dates for the Broach Lifecare Hospital IPO?The Broach Lifecare Hospital IPO will open for bidding on 13 Aug 2024 and close on 16 Aug 2024.
- What is the allotment date for the Broach Lifecare Hospital IPO?The allotment date for the Broach Lifecare Hospital IPO is 19 Aug 2024.
- What is the listing date for the Broach Lifecare Hospital IPO?The listing date for the Broach Lifecare Hospital IPO is 21 Aug 2024.
- What is the Broach Lifecare Hospital IPO grey market premium?The grey market premium (GMP) for the Broach Lifecare Hospital IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.