Aster DM Healthcare IPO

Aster DM Healthcare posts robust FY25 with 21% PAT growth and plans to add over 2,100 beds to expand total capacity to approximately 7,300 beds

The merger between Aster DM Healthcare and Quality Care India unlocks clear operational and strategic advantages that will drive growth and better patient care across the combined network

Analysts expect hospital chains in the region to benefit from the acute flu season that, apart from coinciding with the June quarter, is known to bring diseases such as dengue and malaria

In November, Aster DM had announced its plans to sell its wholly-owned subsidiary Affinity Holdings, which conducts business in the Gulf Cooperation Council (GCC) region, to Alpha GCC for $1 billion

The price band for the IPO is Rs 180 to Rs 190 per share

The issue opened for subscription on Monday, 12 February and closes tomorrow, 15 February 2018

Proceeds of the issue will be used towards repayment of debt, purchase of medical equipment