Yatharth Hospital and Trauma Care Services IPO
Yatharth Hospital and Trauma Care Services Limited (YATHARTH) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 07 August 2023.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +23.6% (likely range +20% to +26%), day's high +36.1%, chance of a gain 92%. Actual: +2.0% at the open, +14.4% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 46,45,486 | 39,53,17,750 | 85.1x | |
| NII (HNI) total | 35,61,701 | 13,25,71,450 | 37.2x | |
| Big NII (above ₹10 lakh) | 23,74,467 | 9,55,62,700 | 40.2x | |
| Small NII (₹2-10 lakh) | 11,87,234 | 3,70,08,750 | 31.2x | |
| Retail | 83,10,636 | 6,93,30,450 | 8.34x | |
| Total | 1,65,17,823 | 59,72,19,650 | 36.2x |
Bids on NSE and BSE together, as published by NSE, as of 28 Jul 2023, 07:00 PM. Shares offered exclude the anchor portion. 10% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Yatharth Hospital and Trauma Care Services's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Home First Finance Company IndiaJan 2021 | 52.5x | 39.0x | 6.59x | 26.7x | ₹1,156 Cr | +19.5% | +23.6% |
| Electronics Mart IndiaOct 2022 | 62.3x | 24.5x | 12.8x | 29.4x | ₹527 Cr | +52.5% | +54.2% |
| Dodla DairyJun 2021 | 84.9x | 73.3x | 11.3x | 45.6x | ₹520 Cr | +28.5% | +52.3% |
| Syrma SGS TechnologyAug 2022 | 87.6x | 17.5x | 5.53x | 32.6x | ₹911 Cr | +18.2% | +41.8% |
| India PesticidesJun 2021 | 42.9x | 51.9x | 11.3x | 29.0x | ₹817 Cr | +18.2% | +24.3% |
| Kaynes Technology IndiaNov 2022 | 98.5x | 21.2x | 4.10x | 34.2x | ₹872 Cr | +32.5% | +33.9% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Intensive Fiscal Services | 11 | +28.6% | 82% |
| Ambit | 13 | +24.3% | 69% |
| IIFL Securities | 94 | +19.3% | 71% |
Offer documents (NSE)
Frequently asked
What is the Yatharth Hospital and Trauma Care Services IPO price band and lot size? ₹285–300 per share, with a lot of 50 shares, so the smallest retail bid is ₹15,000.
How many times has it been subscribed? 36.2x overall: QIB 85.1x, NII 37.2x, retail 8.34x.
How did it list? It opened at ₹306, +2.0% against the issue price of ₹300, and closed its first day +11.3%.
