Asarfi Hospital Limited was established in 2005 by Nayan Prakash Singh and Harendra Singh in honor of their mother, Asarfi Devi, with the aim of delivering healthcare services to the people of Jharkhand. This multi-specialty hospital, located in Dhanbad, Jharkhand, has 250 beds and has served the community for over 15 years.
Asarfi Hospital Limited has collaborations with various government agencies, corporate organizations, insurance providers, and third-party administrators (TPAs) to offer healthcare facilities to their employees and dependents. The hospital encompasses several departments and services, such as Cardiology, Neurosciences, General Medicine, Pediatrics & Neonatology, Obstetrics & Gynecology, General Surgery, Gastroenterology, Orthopedics, Plastic Surgery & Cosmetics, Oncology, Nephrology, Urology, Ophthalmology, ENT, Day Care Services, Dental, Physiotherapy, Emergency, Nutrition & Dietetics, Anesthesiology & Critical Care, Radiology, Pulmonology, and Pain Management, among others.
With a fully equipped high dependency unit, Emergency Department, Outpatient consultation, CCU, ICU, NICU, SICU, labor room, endoscopy room, neurosurgery, and cardiac unit, as well as a diagnostic center featuring laboratory and imaging equipment like X-Ray, Ultrasound, and CT scan, the hospital provides both inpatient and outpatient care covering a wide range of medical and surgical specialties.
Asarfi Hospital Limited With the collaborative measures of doctors, staff, nursing students, and interns, the hospital successfully treated around 600 COVID-19 patients.
The hospital boasts a team of medical practitioners who ensure the delivery of quality healthcare services. It has established affiliations with government agencies, companies, and organizations for providing healthcare facilities to their employees and dependents. Some notable collaborations include Coal India Limited, BEML Limited, Coal Mines Provident Fund Organization, Ex-Servicemen Contributory Health Scheme (ECHS), Employees State Insurance Corporation (ESIC), CMS East Central Railway, Bharat Sanchar Nigam Limited (BSNL), Central Reserve Police Force (CRPF), National Highways Authority of India (NHAI), Central Government Health Scheme (CGHS), National Health Authority, and Punjab National Bank.
As part of its growth strategy, Asarfi Hospital Limited is constructing a cancer hospital in Ranguni, Dhanbad, Jharkhand, along with an adjacent educational institute focusing on legal education and management. Furthermore, the hospital has plans to establish a Health Management and Research Institute in Ranchi, Jharkhand, for which it has provisionally been allotted leased land by Ranchi Smart City Corporation Limited. The hospital is also empaneled with insurance and TPA providers and is part of the reliable PPN Network of hospitals.
Asarfi Hospital Limited IPO Complete Details:
| IPO Date | 17 July 2023 to 19 July 2023 |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Face Value | 10 Rs. Per Share |
| Price | 51-52 Rs. |
| Lot Size | 2000 |
| Issue Size | 5,180,000 shares (Rs.26.94 Cr) |
| Fresh Issue | 5,180,000 shares (Rs.26.94 Cr) |
| Listing Date | 27 July 2023 |
Asarfi Hospital Limited IPO Timetable:
| Activity | Date* |
|---|---|
| Opening Date | 17 July 2023 |
| Closing Date | 19 July 2023 |
| Allotment | 24 July 2023 |
| Initiation of Refunds | 25 July 2023 |
| Credit of Shares to Demat Account | 26 July 2023 |
| Listing Date | 27 July 2023 |
Company Financial Details:
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Borrowings |
|---|---|---|---|---|---|
| 31 March 2021 | 3,729.45 | 5,439.90 | 353.43 | 1,689.90 | 713.36 |
| 31 March 2022 | 6,270.24 | 6,619.54 | 572.84 | 2,262.73 | 1,163.31 |
| 31 January 2023 | 9,342.71 | 7,303.26 | 801.53 | 4,184.26 | 1,720.20 |
AS OF NOW, the GMP OF Asarfi Hospital Limited is Around 34 Rs.