@Param Patel I will contact and get correct dates . Thanks for pointing .
72. abc xyz| Link| Bookmark|
July 22, 2023 2:30:03 PM
IPO Guru (1100+ Posts, 1100+ Likes)
At present market is all time high levels & creating new highs daily. Where it will stop, no one can say about it. It's not easy for the investors. It's comparatively easy to earn money in the bear market with less risk factor. Here due to great Liquidity in the market, one have to be very careful to save our earnings.
Now coming to the point about YAthArth Hospital ipo. Due to good market sentiment and liquidity I am having no doubt about its listing. It have very less chance about poor listing. But certain negative points are there which I have observed.
1. Declining CAPITAL expenditure per operational bed is not a good sign. 2. It's a comparatively small size Hospital chain as compared to Medanta, Max healthcare, Fortis.... 3. It's a relatively very small size hospital as Compared to the Global Health care. In Nov 2022 Global Health care entered @336. Global Health care is run by well known Dr. Trehan but Yatharth is entering in the market @300 which seems to be on higher side with comparatively new personalities which makes big difference.
3. Bed occupency rate is at the lowest level@45.30
4.Average revenue per bed is also at the lowest @Rs. 26000/
5. Market cap / bed is also not healthy as compared to the others.
6. It's located in the Delhi NCR region where super specialty hospitals are already there facing stiff competition with them ( Medanta, Max Health, Fortis, Artemis, Apollo...)
Still we have sufficient time and will wait further for ANChor book & subscription figures for final decision.
66. aRYANrAJ| Link| Bookmark|
July 22, 2023 6:37:49 AM
Top Contributor (600+ Posts, 100+ Likes)
Sorry for beinf off topic
My wife works in company whose ipo will be floating soon and might give employee quota. So suppose she applies in employee quota what proof will be required for doing so? She has employee ID number and registration number. Will it suffice? Asking cos if there is need for then she may complete procedure. Thanks in advance.
66.1. Basuvr| Link| Bookmark|
July 22, 2023 6:45:24 AM
IPO Guru (1800+ Posts, 1000+ Likes)
No proof is required while applying in Employee category, but if non-employees applies in employee category the application will be rejected.
Engaged in providing Healthcare services operating 3 Super Specialty Hospitals in NCR region & 1 multi-specialty Hospital in Orchha (M.P). Total combined bed capacity of 1405. Asking valuation looks reasonable considering repayment of subsidiary debts that will deleverage balance sheet to a large extent & add to bottom-line. Subsidiary AKS and Ramraja operated hospitals Noida Extension and Jhansi-Orchha respectively are still at a nascent stage. Debt levels at consolidated levels should be reasonable post repayment from IPO proceeds. While there aren't any visible further expansion plans (bed/hospital addition) but they are raising funds for replenishing existing hospitals as well as for inorganic growth. Also, looking at the data there exist reasonable opportunity for growth mainly from Noida Extension and Jhanshi-Orchha Hospitals. Cash flow looks good and receivables build up isn't a huge issue though there are 6+ months aged receivables. Company grown revenue to 5X+ & PAT to 16X+ from 2019 levels, which is incredible but expecting such humongous growth isn't practical given higher base & maturity of 2 Hospitals. Monitor both related party transactions & management compensation post listing. Overall, considering everything I find this an opportunity worth taking risk. I WILL APPLY. . PLEASE DO YOUR OWN DUE DILIGENCE, REVIEW ACCORDING TO YOUR INVESTMENT STYLE AND THEN TAKE A DECISION.
@ बुल मार्केट हां 22 बैंक अकाउंट है 22 डीमैट अकाउंट के। @अल्फा., कई लोग फोरम पर कह रहे थे कि कई बैंकों ने थर्ड पार्टी एड करने की सुविधा हटा दी है। एसबीआई में अगर अभी भी है तो भविष्य में अवश्य हटा दी जाएगी। मैने कभी थर्ड पार्टी से अप्लाई नही किया क्योंकि कानूनी तौर पर थर्ड पार्टी एप्लीकेशन को रद्द करने का अधिकार रजिस्ट्रार के पास है। कई बार रजिस्ट्रार थर्ड पार्टी एप्लीकेशन को रिजेक्ट कर देते है और कई बार एलॉटमेंट दे देते हैं। इसलिए एलॉटमेंट के अवसर अधिक रहे इसके लिए थर्ड पार्टी एप्लीकेशन न लगाना ही उचित है।
@Amit Kumar Yadav Dhanyabad. Third Party application na hi dhaale to behtar hai. ASBA me bhi mujhe bahut saalo se allotment nahi mila jab application zyada pada ho.
It depends on your bank, how quickly it releases the blocked fund. If it struck due to some technical reason than it will take long time to release the fund.
63.2. Smile✍️| Link| Bookmark|
July 22, 2023 6:35:52 AM
IPO Guru (1600+ Posts, 900+ Likes)
If you are applied through asba, immediately refund money in market hours if cancelled application before market hours wait for Market hours and if completed application using upi then wait till allotment rare chances of refund before allotment in upi