ABH Healthcare IPO Subscription Day 1: Issue Subscribed 0.35x; QIB Portion Gets 3.45x Bids

The ABH Healthcare IPO opened for subscription on August 24, 2026, and ended its first day with the issue subscribed 0.35 times. The ₹34.98 crore IPO received bids for 12,13,200 shares against 34,29,600 shares offered to investors, as of 5:00 PM on Day 1. 

The response was led by qualified institutional buyers, while retail and NII participation remained below the number of shares reserved for them. 

ABH Healthcare IPO Day 1 Subscription 

The IPO had received 210 applications by the end of Day 1. The total amount of bids stood at around ₹12.38 crore, calculated at the upper price of ₹102 per share. 

Day-wise ABH Healthcare IPO Subscription 

So far, Day 1 is the only subscription day reported. The next major movement will be visible in the Day 2 figures on August 25. 

QIBs show strong interest, retail bidding remains moderate 

The QIB portion was the standout performer, with the category subscribed 3.45 times. Bids for 6,86,400 shares came in against 1,99,200 shares reserved for QIBs. 

The retail or individual investor portion was subscribed 0.31 times, with 4,80,000 shares bid against 15,28,800 shares offered. 

The NII category had a slower start at 0.27 times. Within this segment, the bNII portion was only 0.01 times subscribed, while the sNII portion reached 0.07 times. 

Overall, the IPO remained undersubscribed on Day 1 despite the strong QIB response. 

ABH Healthcare IPO Important Details 

ABH Healthcare is raising ₹34.98 crore through a completely fresh issue of 34,29,600 shares. There is no offer-for-sale component. 

ABH Healthcare IPO Issue Reservation 

Out of the total issue size of 36,02,400 shares, 1,72,800 shares are reserved for the market maker. The remaining net offer of 34,29,600 shares is divided among QIBs, NIIs and individual investors. 

ABH Healthcare IPO Lot Size and Investment 

The minimum application for individual investors is 2 lots, equivalent to 2,400 shares. 

At the upper price band of ₹102, the minimum retail investment comes to ₹2,44,800. 

For HNI investors, the minimum application is 3 lots, or 3,600 shares, requiring ₹3,67,200. 

The maximum retail application remains capped at 2,400 shares, according to the IPO details. 

ABH Healthcare IPO Timeline 

The IPO opened on August 24 and will remain open until August 27, 2026. The tentative allotment is scheduled for August 28, followed by refunds and share credit on August 31. The company is expected to list on the NSE SME platform on September 1, 2026. 

About ABH Healthcare 

ABH Healthcare Ltd. was incorporated in 2021 and operates under the name Anil Baghi Hospital. The hospital has 150 beds and offers medical services across 25 specialties, including cardiac sciences, neurology, gastroenterology, urology, pulmonology, nephrology, ENT and minimally invasive surgeries. 

As of June 30, 2026, the company had 37 doctors and 101 nurses. 

Conclusion 

The ABH Healthcare IPO subscribed 0.35 times on Day 1, with QIBs providing the strongest demand at 3.45 times. Individual investors subscribed 0.31 times, while the NII category stood at 0.27 times. 

The key thing to watch now is the Day 2 subscription trend. If retail and HNI bidding accelerates, the overall subscription number could move up quickly before the issue closes on August 27.  

Source: 

• https://www.nseindia.com/market-data/issue-information?symbol=ABH&series=SME&type=Active