ABH Healthcare Limited
Bookbuilding IPO · NSE
- Price band
- ₹96 - ₹102
- Lot size
- 1,200 shares
- Issue amount
- ₹34.97 cr
- Total subscription
- 1.49×
- Opens
- 24 Aug 2026
- Closes
- 27 Aug 2026
- Allotment
- 28 Aug 2026
- Listing
- 1 Sept 2026
Offer at a glance
Issue overview
- Issue size
- 34,29,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,15,200
- Fresh issue
- ₹34.97 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,22,400
- Issue type
- Bookbuilding IPO
- Shares before issue
- 80,00,000
- Shares after issue
- 1,14,29,600
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,44,800 |
| sHNI | 3 | 3,600 | ₹3,67,200 |
| bHNI | 9 | 10,800 | ₹11,01,600 |
Share reservation
Subscription & GMP
Subscription by category
Reported 27 Aug 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 2 |
| NIB | 0 | 78 |
| RETAIL | 637 | 1,074 |
| HNIs(10L +) | 283 | 11 |
| HNIs (2-10L) | 142 | 67 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 2.03 | 17 |
| FIIs | 0 | 17 |
| RETAIL | 15.59 | 26.29 |
| NIB | 15.59 | 6.22 |
| HNIs 2+ | 5.2 | 2.86 |
| HNIs 10+ | 10.39 | 3.35 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 7.05 | 6.68 | 2.07 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 39.07 | 59.75 | 30.33 |
| PRE IPO(PE) | 14.47 | 0 | 0 |
| POST IPO(PE) | 20.69 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Sangani Hospitals Limited | 24.52 | 53.2 | 10 | 23.3 | 16.20 | 2.17 |
| Maitrya Medicare Limited | -34.11 | 124.15 | 10 | 42.67 | -8.10 | -3.64 |
| Asarfi Hospital Limited | 27.63 | 234 | 10 | 49.62 | 18.65 | 8.47 |
| ABH Healthcare Limited | 14.47 | 102.00 | 10 | 21.58 | 34.26 | 7.05 |
Company information
Company profile
ABH Healthcare Limited, operating under the name “Anil Baghi Hospital,” is a healthcare service provider offering a wide range of medical and surgical treatments. The hospital has 150 beds and provides services across 25 medical specialties, including cardiac sciences, neurology, minimally invasive spine and brain surgeries, gastroenterology, laparoscopic and bariatric surgery, urology, pulmonology, nephrology, ENT, and maxillofacial surgery. The hospital is empanelled with 30 private and public health insurance providers and third-party administrators, along with major government healthcare schemes such as ECHS, Railways, FCI, BSNL, and Ayushman Bharat - Sarbat Sehat Bima Yojana. As of March 31, 2025, the hospital had a team of 29 doctors and 137 nurses supporting its healthcare services.
Strengths
- Doctor-Led Professional Management: ABH Healthcare is managed by a doctor-led professional team with strong medical expertise and proven execution capabilities, supporting efficient healthcare operations.
- Experienced Clinical Team: The company focuses on attracting and retaining experienced specialists and clinicians, with a team of 25+ super specialists and specialists.
- Diversified Clinical Operations: The hospital offers services across multiple medical specialties, enabling it to provide comprehensive super-specialty healthcare solutions and reduce dependence on a single clinical segment.
Risk factors
- Limited Corporate Operating History: ABH Healthcare was formed to acquire the business of M/s. Anil Baghi Hospital, giving the company a relatively limited operating history as a corporate entity. This may make it difficult to assess its historical performance and future prospects.
- Acquisition & Integration Risk: The company acquired M/s. Anil Baghi Hospital through a Business Transfer Agreement dated March 16, 2022. Future acquisitions may create integration challenges, operational difficulties, and additional costs.
- Dependence on Key Personnel: The company relies significantly on key promoters, senior management, and healthcare professionals, including Dr. Kamal Baghi, Dr. Saurabh Baghi, and Dr. Vaishali Saini. The loss or inability to retain experienced personnel could adversely affect business operations and financial performance.
Promoters
Kamal Baghi
Saurabh Baghi
Vaishali Saini
Registrar & documents
Lead manager
Fedex Securities Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Anil Baghi Road, Ferozepur, Punjab, Firozpur, 152002
+91 7888690018
[email protected]Company website ↗Understanding ABH IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.