ABH Healthcare IPO- Company Analysis
ABH Healthcare IPO under the SME IPO category is a bookbuild issue of Rs. 34.98 Cr by ABH Healthcare Limited, which operates as "Anil Baghi Hospital" and offers medical services. Cardiac sciences, neurology, minimally invasive spine and brain operations, medical and surgical gastroenterology, laparoscopic and bariatric surgery, urology, pulmonology, nephrology, ENT, maxillofacial surgeries, and more are among the 25 medical specialties offered by the 150-bed facility.
Thirty public and commercial health insurance companies as well as third-party administrators have partnered with the hospital. The business also takes part in important government health programs including the Ayushman Bharat-Sarbat Sehat Bima Yojana (ABSSBY), Railroads, Food Corporation of India (FCI), Bharat Sanchar Nigam Limited (BSNL), and Ex-Servicemen Contributory Health Scheme (ECHS).
ABH Healthcare IPO Details
The ABH Healthcare IPO date of opening is 24 Aug 2026; its initial public offering will end on 27 Aug, IPO allotment on Aug 28 and refund initiation on Aug 31, 2026.
The Rs. 34.98 crore new SME IPO comprises a wholly a fresh issue of 0.34 crore shares.
The ABH Healthcare IPO listing date (expected) might be Tuesday, Sep 01, 2026, and the listing on the NSE and SME.
The ABH Healthcare IPO price band is Rs. 96 to Rs. 102.
IPO Timetable (Tentative)
|
Events |
Date |
|
IPO Opening Date |
Aug 24, 2026 |
|
IPO Closing Date |
Aug 27, 2026 |
|
IPO Allotment Date |
Aug 28, 2026 |
|
Refund Initiation |
Aug 31, 2026 |
|
IPO Listing Date |
Sep 01, 2026 |
Click to open demat account and apply for the IPO.
Company Financials
(Amount in Cr)
|
Particulars |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Assets |
85.27 |
63.90 |
51.35 |
|
Total Income |
52.59 |
49.32 |
41.39 |
|
Profit After Tax |
5.64 |
5.35 |
1.66 |
|
EBITDA |
14.72 |
13.20 |
6.89 |
|
Net Worth |
17.27 |
11.60 |
6.30 |
|
Reserves and Surplus |
9.34 |
9.69 |
4.35 |
|
Total Borrowing |
45.77 |
33.78 |
30.59 |
Cash Flows
(Amount in lacs)
|
Net Cash Flow |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Net Cash Flow Operating Activities |
211.07 |
354.42 |
88.81 |
|
Net Cash Flow Investing Activities |
(914.30) |
(453.41) |
(1,306.27) |
|
Net Cash Flow Financing Activities |
944.80 |
158.48 |
1,203.91 |
Revenue Bifurcation
(Rs. in Lac)
(Source: RHP)
The Objective of the Issue
The Company desires to use the Net Proceeds from the Issue to fulfill its following goals:
-
Repayment/prepayment, in part or full, of certain borrowings. ~ Rs. 17 Cr.
-
Funding working capital requirements. ~ Rs. 5 Cr.
-
General Corporate Purposes.
Listed Peers of ABH Healthcare Ltd.
|
Name of the Company |
Face Value (₹) |
Basic EPS (₹) |
P/E Ratio (x) |
|
Sangani Hospitals Limited |
10 |
2.17 |
24.52 |
|
Maitreya Medicare Limited |
10 |
(3.64) |
(34.11) |
|
Asarfi Hospital Limited |
10 |
8.47 |
27.63 |
Valuation
|
KPI |
Value (Mar 31, 2026) |
|
ROE |
39.07% |
|
ROCE |
19.09% |
|
Debt/Equity |
3.20 |
|
RoNW |
39.07% |
|
PAT Margin |
10.74% |
|
EBITDA Margin |
28.03% |
Evaluation of P/E Ratio
Considering the period ended in FY 2026, with an EPS of Rs. 7.05, the resulting P/E ratio is 14.46x.
Explore the Optimystix Entertainment IPO.
IPO's Strengths
-
A competent management team led by a doctor with demonstrated execution skills
-
Attracting and retaining renowned, experienced professionals will result in the highest caliber of clinical care.
-
Operations that are diverse across therapeutic specialties
-
Strong operational infrastructure, which includes contemporary machinery and information technologies.
IPO's Weaknesses
-
The company was established with the express purpose of purchasing M/s. Anil Baghi Hospital, a sole proprietorship owned by one of its promoters. Investors may find it challenging to assess the company's past performance and future prospects due to its short operating history as a corporate entity.
-
Following its establishment, ABH Healthcare purchased M/s. Anil Baghi Hospital via a Business Transfer Agreement dated March 16, 2022. Future acquisitions may cause integration problems and operational challenges.
-
The company relies heavily on important staff, such as other healthcare professionals and its promoters, Drs. Kamal and Saurabh Baghi. The company's operations could be negatively impacted by the loss of such employees or the inability to recruit and retain them.
ABH Healthcare IPO GMP
ABH Healthcare IPO GMP today is Rs. 0 as of 20 August 2026, while writing this information.
ABH Healthcare IPO Summary
|
IPO Opening & Closing Date |
24 Aug, 2026 to 27 Aug, 2026 |
|
Face Value |
Rs. 10 per Share |
|
Issue Price |
Rs. 96 to Rs. 102 per Share. |
|
Lot Size |
1200 Shares |
|
Issue Size |
34,29,600 Shares (Rs. 35 Cr) |
|
Offer for Sale |
- |
|
Fresh Issue |
32,56,800 Shares (Rs. 33 Cr) |
|
Listing at |
BSE, SME |
|
Issue Type |
Bookbuild Issue |
|
Registrar |
Bigshare Services Pvt. Ltd. |
IPO Lot Details
Retail investors can invest in a minimum and maximum of 2 Lots (2400 Shares) for Rs. 2,44,800, and in multiples thereof, while HNI investors can invest in a minimum of 3 Lots (3600 Shares) for Rs. 3,67,200.
|
Minimum Lot Investment (Retail) |
2 Lots |
|
Maximum Lot Investment (Retail) |
2 Lots |
|
HNI (Min) |
3 Lots |
ABH Healthcare IPO Allotment Status
To check the ABH Healthcare IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.
Using BSE Website - BSE IPO allotment status
Promoters And Management of ABH Healthcare Ltd.
-
Kamal Baghi
-
Saurabh Baghi
-
Vaishali Saini.
|
Pre-Issue Promoter Shareholding |
100% |
|
Post-Issue Promoter Shareholding |
69.99% |
IPO Lead Managers
- FedEx Securities Pvt. Ltd.
Dividend Policy
The company has not paid a dividend during the last three FYs.
Conclusion
ABH Healthcare IPO offers exposure to India’s growing facility management supply segment, supported by a broad product portfolio, expanding client base, and improving profitability. The company shows strong ROE and ROCE with moderate leverage, while the IPO proceeds are aimed at debt repayment, logistics expansion, and solar infrastructure.
Other Related Blogs:-
Gulf Lloyds IPO
Finowings IPO Analysis
Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
You must consult your financial advisor before making any financial decisions.
To Apply for the IPO, Click Here.
To Read the Prospectus of the company, click here to download the DRHP.
Click Here To Stay Updated With The Upcoming IPOs.
DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.
