Nifty 50
- HCL Technologies₹1,31517.00 (1.31%)
- Tata Steel₹182.85-2.65 (-1.43%)
- Infosys₹1,127.6012.60 (1.13%)
- SBI Life Insurance ₹1,753.50-24.50 (-1.38%)
- Eternal₹318.802.90 (0.92%)
- Hindalco Industries₹1,027.25-14.35 (-1.38%)
- Wipro₹179.631.57 (0.88%)
- Coal India₹401.60-5.30 (-1.30%)
- Sun Pharmaceutical₹1,887.3012.20 (0.65%)
- Bajaj Finance₹1,081.80-12.50 (-1.14%)
- Nestle₹1,4729.50 (0.65%)
- Bharat Electronics₹407.35-4.65 (-1.13%)
- ONGC₹240.611.11 (0.46%)
- Power Grid Corp₹265.20-2.80 (-1.04%)
- Tech Mahindra₹1,597.105.10 (0.32%)
- Bajaj Finserv₹1,992-19.20 (-0.95%)
- Tata Consumer ₹1,064.402.80 (0.26%)
- Mahindra & Mahindra₹3,388.90-32.60 (-0.95%)
- Kotak Mahindra Bank₹388.500.85 (0.22%)
- Max Healthcare₹1,004.80-9.60 (-0.95%)
- Offerings
- Tools & Platforms
Tools & Calculators
- Open API
- Calculators
- SIP Calculator
- CAGR Calculator
- Compound Interest Calculator
- FD Calculator
- RD Calculator
- EPF Calculator
- Retirement Calculator
- HDFC SIP Calculator
- Mutual Fund Return Calculator
- Lumpsum Calculator
- Step Up SIP Calculator
- ETF SIP Calculator
- Brokerage Calculator
- Equity Margin Calculator
- SWP Calculator
- EMI Calculator
- MTF Calculator
- Margin Pledge Calculator
- Markets
Stocks
F&O
Mutual Funds
- More
ABH Healthcare IPO
₹2,30,400/2 Lot (2400) shares
Minimum Investment
IPO Details
24 Aug 26
26 Aug 26
₹2,30,400
2 Lot (2400)
₹96 to ₹102
NSE
₹35 Cr
31 Aug 26
ABH Healthcare IPO Timeline
Bidding Start
24 Aug 26
Bidding Ends
26 Aug 26
Allotment Finalisation
27 Aug 26
Refund Initiation
28 Aug 26
Demat Transfer
28 Aug 26
Listing
31 Aug 26
About ABH Healthcare Limited
ABH Healthcare Limited is a healthcare services company operating through Anil Baghi Hospital in Ferozepur, Punjab. The hospital was established in 1985 and provides tertiary healthcare services across multiple medical specialities. The company operates a 150-bed hospital and offers services including cardiac sciences, neurology, gastroenterology, urology, nephrology, pulmonology, ENT and minimally invasive surgeries. It has a network of 29 doctors and 137 nurses as of March 31, 2025, and is empanelled with private and public insurers and government healthcare schemes. The company is led by promoters Dr. Kamal Baghi, Dr. Saurabh Baghi and Dr. Vaishali Saini.
ABH Healthcare Limited IPO Overview
ABH Healthcare Limited is launching a bookbuilding SME IPO comprising 34,29,600 equity shares, with the issue aggregating up to approximately ₹34.98 crore at the upper price band. The IPO opens on 24 August 2026 and closes on 26 August 2026, with allotment scheduled for 27 August and refunds and credit of shares expected on 28 August. The proposed listing is on the NSE SME platform on 31 August 2026. The price band is ₹96 to ₹102 per share and the application lot size is 1,200 shares. The issue comprises an entirely fresh issue, with no offer for sale. Fedex Securities Private Limited is the book-running lead manager, while Bigshare Services Private Limited is the registrar. The company proposes to use the net proceeds primarily for repayment or prepayment of borrowings, working capital requirements, inorganic growth through unidentified acquisitions and general corporate purposes.
ABH Healthcare Limited IPO Details
| Particulars | Details |
| IPO Date | 24 August 2026 to 26 August 2026 |
| Listing Date | 31 August 2026 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹96 to ₹102 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 34,29,600 shares (aggregating up to ₹34.98 Cr) |
| Fresh Issue | 34,29,600 shares (aggregating up to ₹34.98 Cr) |
| Offer for Sale | NA |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 80,00,000 shares |
| Share Holding Post Issue | 1,14,29,600 shares |
| Market Maker Portion | 1,72,800 shares |
ABH Healthcare Limited IPO Reservation
| Investor Category | Shares Offered |
| QIB | Not more than 50% of the Net Issue |
| Retail | Not less than 35% of the Issue |
| NII (HNI) | Not less than 15% of the Net Issue |
ABH Healthcare Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Individual Investors (Min) | 2 | 2,400 | ₹2,44,800 |
| Individual Investors (Max) | 2 | 2,400 | ₹2,44,800 |
| S-HNI (Min) | 3 | 3,600 | ₹3,67,200 |
| S-HNI (Max) | 8 | 9,600 | ₹9,79,200 |
| B-HNI (Min) | 9 | 10,800 | ₹11,01,600 |
ABH Healthcare Limited IPO Promoter Holding
| Shareholding Status | Percentage |
| Pre-Issue | 69.99% |
| Post-Issue | 69.99% |
ABH Healthcare Limited IPO Valuation Overview
| KPI | Value |
| Earnings Per Share (EPS) | ₹2.07 |
| Price/Earnings (P/E) Ratio | 49.28x |
| Return on Net Worth (RoNW) | 30.33% |
| Net Asset Value (NAV) | ₹7.87 |
| Return on Equity | 30.33% |
| Return on Capital Employed (ROCE) | 14.96% |
| EBITDA Margin | 16.66% |
| PAT Margin | 4.00% |
| Debt to Equity Ratio | 5.69 |
Objectives of the Proceeds
1. Repayment or prepayment of borrowings to reduce the company’s outstanding debt obligations, with approximately ₹17.00 crore allocated.
2. Funding working capital requirements to support ongoing hospital operations and business requirements, with approximately ₹4.30 crore allocated.
3. Funding inorganic growth through unidentified acquisitions and supporting general corporate purposes from the remaining net proceeds.
Key Financials (₹ crore)
| Particulars | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 26.27 | 32.96 | 51.35 | 61.03 |
| Revenue / Total Income | 3.50 | 29.61 | 41.39 | 36.42 |
| Profit After Tax | 0.09 | 0.71 | 1.66 | 3.32 |
| Reserves and Surplus | 7.67 | 4.35 | 2.70 | 0.09 |
| Total Borrowings | 39.67 | 35.83 | 20.99 | 20.64 |
IPO Strengths
1. Doctor led professional management team with proven execution capabilities
2. Best quality clinical care by attracting and retaining experienced and renowned clinicians
3. Diversified operations across clinical specialties
4. Robust operating infrastructure including information technology and modern equipments
5. Track record of stable operating and financial performance and growth
Peer Group Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (₹) | P/E (x) | RoNW (%) | P/BV Ratio |
| ABH Healthcare Limited | 2.07 | 2.07 | 7.87 | — | 30.33 | — |
| Peer Group | ||||||
| Sangani Hospitals Limited | 2.17 | 2.17 | 26.99 | 32.95 | 10.48 | 2.73 |
| Maitreya Medicare Limited | 4.15 | 4.15 | 44.61 | 66.90 | 14.23 | 6.30 |
| Asarfi Hospital Limited | 2.31 | 2.31 | 39.01 | 57.75 | 7.41 | 3.41 |
SWOT Analysis of ABH Healthcare IPO
Strength and Opportunities
- Established healthcare presence through Anil Baghi Hospital, operating since 1985.
- Doctor-led management with experienced promoters and clinical professionals.
- Diversified clinical specialties reduce dependence on a single healthcare segment.
- Empanelment with private insurers and government healthcare schemes broadens its patient base.
- Modern infrastructure and technology can support further capacity utilisation and service expansion.
- Rising demand for specialised healthcare services provides expansion opportunities.
- Potential inorganic growth through acquisitions is identified as an IPO objective.
- NABH accreditation and a broad specialty mix support the hospital’s competitive positioning.
Risks and Threats
- High leverage remains a key concern, with FY2024 debt-to-equity at 5.69x.
- Profitability has declined from FY2022 to FY2024 on the supplied financial data.
- The hospital’s operations are concentrated in Ferozepur, limiting geographic diversification.
- Healthcare operations face significant regulatory, compliance and quality-control requirements.
- Competition from established hospitals and expanding healthcare chains may pressure margins.
- Dependence on skilled doctors and medical personnel creates retention and availability risks.
- Acquisition-led expansion may increase execution and integration risks.
- Changes in reimbursement policies and payer mix could affect revenue realisation.
Upcoming IPO News
Explore IPO Opportunities
Explore our comprehensive IPO pages to stay updated on the latest trends and insights.
How to apply IPO with HDFC SKY?
Follow these simple steps to apply for an IPO through HDFC SKY. Secure your investments and explore new opportunities with ease by accessing the IPOs available on the platform.
1Login to your HDFC SKY Account
2Select Issue
3Enter Number of Lots and your Price.
4Enter UPI ID
5Complete Transaction on Your UPI App
FAQs on ABH Healthcare IPO
How can I apply for ABH Healthcare Limited IPO?
Investors can apply for the ABH Healthcare Limited IPO through HDFC Sky using the UPI-based ASBA facility. Applicants should enter the required bid details, select the applicable lot size and authorise the UPI mandate before the issue closes.
What are the opening and closing dates of ABH Healthcare Limited IPO?
The ABH Healthcare Limited IPO is scheduled to open for subscription on 24 August 2026 and close on 26 August 2026. The allotment is expected on 27 August, followed by refund and share credit on 28 August 2026.
What is the issue size of ABH Healthcare Limited IPO?
ABH Healthcare Limited IPO has a total issue size of approximately ₹34.98 crore, comprising 34,29,600 equity shares. The issue is entirely a fresh issue, meaning there is no offer for sale by existing shareholders.
How will ABH Healthcare Limited use the IPO proceeds?
The company proposes to use the IPO proceeds towards repayment or prepayment of borrowings, working capital requirements, inorganic growth through unidentified acquisitions and general corporate purposes. Approximately ₹17 crore is earmarked for debt repayment and ₹4.30 crore for working capital.
What is the minimum lot size for ABH Healthcare Limited IPO?
The minimum individual investor application comprises 2 lots or 2,400 shares, based on a lot size of 1,200 shares. At the upper price of ₹102, the minimum retail application amount is ₹2,44,800.
By signing up I certify terms, conditions & privacy policy