Yashoda Healthcare Services IPO

About Yashoda Healthcare Services IPO

Yashoda Healthcare Services, a Hyderabad-based hospital chain operating under Yashoda Hospitals, has filed papers with Sebi through the confidential route to raise funds through its IPO. As per reports, it plans to raise ₹3,000 to ₹4,000 crores through its IPO. The IPO is likely to be a mix of a fresh issue and an offer for sale. The price band is ₹[TBA] per share.

Yashoda Healthcare Services IPO opens on [TBA] and closes on [TBA]. The allotment of shares will take place on [TBA]. The credit of shares to the Demat account will take place on [TBA]. The initiation of refunds will take place on [TBA]. The listing of shares will take place on [TBA].

The lot size of shares in the IPO is [TBA]. The minimum number of lots in the IPO for retail investors is [TBA]. The minimum investment amount required by a retail investor is ₹[TBA] based on the upper price.

For three decades, Yashoda Group of Hospitals has been offering quality healthcare for people for their diverse medical needs. It has evolved as a centre of excellence in medicine, providing the highest quality standards of medical treatment.

Objectives of Yashoda Healthcare Services IPO

TBA

Industry Outlook

The overall Indian healthcare market was valued at USD 180 billion in FY 23 and is projected to grow at a CAGR of approximately 12% to reach roughly USD 320 billion by FY 28. Within this market, healthcare innovation accounts for about 15%. Note that healthcare innovation has almost doubled over the last three years from USD 17 billion in FY 2020.

Yashoda Healthcare Services Company Information

For over 30 years, Yashoda Group of Hospitals has been caring for people and supporting them through their healthcare needs. Over time, it has earned their trust by building strong and lasting relationships.

With experienced leadership and a dedicated management team, Yashoda Group Hospitals has grown into a trusted centre for quality medical care. The goal is to provide high-quality healthcare across all departments at affordable prices, with a strong focus on quality service, compassion, and respect for every individual. Strengths of Yashoda Healthcare Services

• Established market position
• Strong operating efficiency
• Strong financial risk profile
• Experience of the promoters in the healthcare space

Risks of Yashoda Healthcare Services

• Exposure to revenue and geographic concentration risk
• Exposure to regulatory risk
• Exposure to project execution and ramp up risk

Anchor Investor Bidding Date TBA

IPO Registrar and Book Running Lead Manager

• IPO Registrar: TBA
  
• Book Running Lead Manager: TBA
  

Yashoda Healthcare Services Business Model

Yashoda Healthcare Services offers sophisticated diagnostic and therapeutic care in virtually every speciality and subspeciality of surgery and medicine. Its specialities include cardiology, dermatology, critical care, ENT, gynaecology, orthopaedics, urology, spine surgery, etc.

Yashoda Healthcare Services Growth Trajectory

The consolidated revenue of Yashoda Healthcare Services has grown 30% year-on-year to ₹2,146 crores in fiscal 2024, supported by a healthy ramp-up in operations of the hospital at Hitech City and better performance of hospitals at Malakpet and Secunderabad.

Operating margin improved by 300 basis points (bps) to 30.3% in fiscal 2024 (27.3% in fiscal 2023) mainly due to healthy improvement in operating profitability of the Hitech hospital and sustained profitability of other hospitals. Operating margin is expected to sustain at above 30% in fiscal 2025 and over the medium term, driven by higher operating profitability across the hospitals and increased contribution from YSSH, ensuring strong annual cash generation.

Yashoda Healthcare Services Market Position

Yashoda Healthcare Services is a well-known healthcare provider in Hyderabad, running four large multi-speciality hospitals with nearly 2,000 working beds across Secunderabad, Hi-Tech City, Somajiguda, and Malakpet. With almost 30 years of experience in advanced medical care, it has built a strong reputation under the brand name Yashoda Hospitals and attracts patients from many different regions.

How to Apply for Yashoda Healthcare Services IPO?

To apply for Yashoda Healthcare Services IPO:

• Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Specify IPO details - Enter the number of lots and the price you wish to apply for.
• Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
• Mandate Notification - Your UPI app will receive a mandate notification to block funds.
• Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.