Aatmaj Healthcare Limited was originally incorporated as Aatmaj Healthcare Private Limited under the Companies Act, of 1956. the company was converted into a public limited company through a special resolution passed by its shareholders. As a result, the company’s name was changed to Aatmaj Healthcare Limited.
The company’s founders, Dr. Tushar Suvagiya and Dr. Subhash Padmani established it with the vision of providing healthcare of international standards to every individual. In December 2014, the company acquired land measuring approximately 686 square meters in Vadodara, Gujarat, to build a hospital. Dr. Ravi Apte joined the company as a director in April 2015, further strengthening the team. The construction of the hospital premises was completed in 2017.
Aatmaj Healthcare Limited is concentrated on becoming a top healthcare services provider, constantly enhancing its facilities, and aiming for superiority in medical and surgical care. The company has founded various committees such as the Quality Assurance and Safety Committee, Infection Control Committee, CPR Committee, Pharmacy and Therapeutic Committee, Blood Transfusion Committee, and Committee for Medical Records, along with the Women’s Safety Committee, to provide the highest level of care and quality.
Aatmaj Healthcare Limited has a dedicated group of medical practitioners qualified to deliver quality healthcare services and handle emergencies. The healthcare staff includes the Unit Head, Consultant Doctors, Clinical Pharmacist, X-Ray Technician, Microbiologist, Medical Officers, Clinical Assistants, Medical Executives, OT Assistant, Infection Control Nurse, Other Nursing Staff, Attendants, Maintenance Head, and Dietician/Nutritionist, among others.
Aatmaj Healthcare Limited has partnerships with companies, organizations, universities, and institutes to provide regular healthcare check-up facilities at affordable rates to their employees and postgraduate students. The company also has associations and affiliations with major insurance companies for processing insurance claims under the Mediclaim policy for its patients.
Aatmaj Healthcare Limited is a part of the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana and Mukhyamantri Amrutam (MA) scheme, which was developed by the Government of India and Gujarat state government respectively.
During the COVID-19 pandemic, Aatmaj Healthcare Limited actively supported the fight against the virus by becoming a designated COVID-19 treatment hospital. With its doctors’ and staff’s dedication and support, the company has treated over 1,000 in-patients and 3,000 out-patients affected by COVID-19.
Aatmaj Healthcare Limited operates four hospitals in Vadodara, Gujarat:
1) Jupiter Hospital:
Location: Opp. ICAI Bhavan, Sunpharma Ataladra Road, Vadodara-390012, Gujarat
Type: Tertiary Care Hospital
Bed Capacity: 60 beds
Facilities: ICU, Cathlab, Modular OT, Digital X-Ray, laboratories, USG/ECO/TMT, Labor Room, Trauma Care, Joint Replacement Centre, High Risk Pregnancy Unit, and more.
2) JTP Hospital, Muval:
Location: L/S No. 457, Village Muval, Taluka Padra, District Vadodara
Type: Secondary Care Hospital
Bed Capacity: 25 beds (extendable up to 35 beds)
Facilities: ICU, Digital X-Ray, laboratories, Labor Room, High-Risk Pregnancy Unit, and more.
3) Tirth Hospital, Karelibaug:
Location: 38, Gandhigram Society, Karelibaug, Vadodara-390018
Type: Secondary Care Hospital
Bed Capacity: 20 beds (extendable up to 30 beds)
Facilities: Multi-specialty departments, pharmacies, and more.
4) JTP Hospital, Padra:
Location: 30, Narayan Nagar, Behind Bus Depo, Padra, Vadodara
Type: Secondary Care Hospital
Bed Capacity: 25 beds (extendable up to 35 beds)
Facilities: ICU, Digital X-Ray, laboratories, Labor Room, High-Risk Pregnancy Unit, and more.
These hospitals offer a range of services and facilities including outpatient departments, modular operation theaters, state-of-the-art ICU, diagnostic services (USG/Digital X-Ray/Laboratory), pharmacy, emergency services, transportation, ambulance services, and more.
Aatmaj Healthcare Limited IPO Complete Details:
| IPO Date | 19 June 2023 to 21 June 2023 |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Face Value | 05 Rs. Per Share |
| Price | Rs.60 |
| Lot Size | 2000 |
| Issue Size | 6,400,000 shares (Rs. 38.40 Cr) |
| Fresh Issue | 6,400,000 shares (Rs. 38.40 Cr) |
| Listing Date | 30 June 2023 |
Aatmaj Healthcare Limited IPO Timetable:
| Activity | Date* |
|---|---|
| Opening Date | 19 June 2023 |
| Closing Date | 21 June 2023 |
| Allotment | 26 June 2023 |
| Initiation of Refunds | 27 June 2023 |
| Credit of Shares to Demat Account | 29 June 2023 |
| Listing Date | 30 June 2023 |
Company Financial Details:
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Borrowings |
|---|---|---|---|---|---|
| 31 March 2022 | 1,719.32 | 2,180.88 | 492.07 | 810.62 | 517.52 |
| 30 September 2022 | 2,323.49 | 1,344.83 | 290.93 | 1,101.85 | 893.61 |
| 31 December 2022 | 3,031.94 | 2,047.73 | 577.49 | 1,388.40 | 1,218.40 |
AS OF NOW, the GMP OF Aatmaj Healthcare Limited is Around 02 Rs.