Markets / IPO / Dr. Agarwal's Health Care

Dr. Agarwal's Health Care IPO

Updated 18:58

Mainboard IPO on NSE and BSE · Hospital

Status

Listed

Price band

₹382–402

Lot size

35 shares · ₹14,070

Subscribed

1.55×

How it listed

Issue price

₹402

Listing price (open)

₹402.00 0.00%

First-day close

₹401.65 -0.09%

Price now

₹516.35 +28.45%

Listing day	4 Feb 2025
Open / high / low / close	₹402.00 / ₹412.90 / ₹370.20 / ₹401.65
Shares traded on NSE	1,56,35,750
Market value at the listing-day close	₹12,732 cr

Closing prices since listing: 26 Oct ₹475.25, 27 Oct ₹476.60, 28 Oct ₹475.15, 29 Oct ₹488.70, 30 Oct ₹509.20, 2 Nov ₹513.85, 3 Nov ₹512.80, 4 Nov ₹523.50, 5 Nov ₹511.70, 6 Nov ₹516.00.

Dr. Agarwal's Health Care share price, live chart and technicals →

Key dates

Bidding opens	29 Jan 2025
Bidding closes	31 Jan 2025
Allotment	3 Feb 2025
Refunds and shares in demat	4 Feb 2025
Listing	4 Feb 2025

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Anchor investors	2,17,78,798	28.92%	–
Institutions (QIB)	1,45,19,200	19.28%	–
HNI / NII	1,08,89,400	14.46%	–
HNI, above ₹10 lakh	72,59,600	9.64%	2,880
HNI, ₹2–10 lakh	36,29,800	4.82%	6,913
Retail	2,54,08,599	33.74%	7,25,959
Employees	15,79,399	2.10%	–
Shareholders	11,29,574	1.50%	–

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	35	₹14,070
Retail (maximum)	14	490	₹1,96,980
Small HNI (minimum)	15	525	₹2,11,050
Small HNI (maximum)	71	2,485	₹9,98,970
Big HNI (minimum)	72	2,520	₹10,13,040

At ₹402 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Every valid retail application should get shares. The retail portion was subscribed 0.41×.

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	1,45,19,200	6,73,61,280	4.64×
HNI / NII	1,08,89,400	43,07,310	0.40×
HNI, above ₹10 lakh	72,59,600	22,85,955	0.31×
HNI, ₹2–10 lakh	36,29,800	20,21,355	0.56×
Retail	2,54,08,599	1,05,40,285	0.41×
Employees	15,79,399	4,25,565	0.27×
Shareholders	11,29,574	5,83,940	0.52×
Total	5,35,26,172	8,32,18,380	1.55×

NSE and BSE bids together, as of 31 Jan 2025 19:00.

Demand at each price

Top price ₹402	729.63 lakh shares	87.6%
Cut-off final price, whatever it is; mostly retail	98.04 lakh shares	11.8%
Lower prices ₹382–401	4.78 lakh shares	0.6%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	28 Jan 2025
Anchor shares	2,17,78,798
Raised from anchors	₹875.51 cr
Lock-in ends for the first 50% (30 days)	4 Mar 2025
Lock-in ends for the remaining 50% (90 days)	3 May 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹12,743 cr	₹16,368 cr
P/E (last 12 months' profit)	73.5	94.4

Revenue, last 12 months	₹2,363 cr
Profit, last 12 months	₹173 cr
Return on equity	7.8%
Debt to equity	0.09

From results the company filed with NSE (latest period to 30 Sept 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Hospital

Company	Listed	Subscribed	On listing	Since IPO
Paras Healthcare	28 Oct	2.23×	+3.90%	+6.00%
ABH Healthcare SME	1 Sept	–	-2.94%	-59.51%
Manipal Health Enterprises	5 Aug	4.92×	+10.51%	+9.61%
Gujarat Kidney and Super Speciality	30 Dec	5.21×	+5.26%	+36.77%
Park Medi World	17 Dec	8.10×	-1.98%	+55.18%

IPO details

Price band	₹382–402
Final issue price	₹402
Lot size	35 shares
Minimum investment	₹14,070 (1 lot)
Market	NSE mainboard
Issue type	100% Book Building
Face value	₹1 per Equity Share
Industry	Hospital
Issue size	₹3,027.26 crore (about 7.53 crore shares) · Fresh issue + offer for sale: fresh ₹300.00 cr, offer for sale ₹2,727.26 cr
ISIN	INE943P01029
Registrar	KFin Technologies Limited Helpline: +91 40 6716 2222, ahcl.ipo@kfintech.com
Lead managers	Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Jefferies India Private Limited and Motilal Oswal Investment Advisors Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 3 Feb 2025. Check it on the registrar's page (KFin Technologies Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Dr. Agarwal's Health Care IPO price band and lot size?

The price band is ₹382–402 per share, and one lot is 35 shares (₹14,070 at the upper price).

When is the Dr. Agarwal's Health Care IPO allotment date?

Allotment was finalised on 3 Feb 2025, the next working day after bidding closed on 31 Jan 2025.

How many times was the Dr. Agarwal's Health Care IPO subscribed?

In total 1.55 times, on NSE and BSE together; retail 0.41 times.

What is the Dr. Agarwal's Health Care IPO listing date?

It listed on 4 Feb 2025 on NSE and BSE.

What is the chance of getting Dr. Agarwal's Health Care IPO shares?

The retail portion was not oversubscribed, so every valid retail application should get shares.

When does the Dr. Agarwal's Health Care anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 4 Mar 2025 and the 90-day lock-in on the rest ends on 3 May 2025; they can sell from the next trading day.

What was the Dr. Agarwal's Health Care listing gain?

It opened at ₹402.00 against an issue price of ₹402, a gain of 0.00%. It is now up 28.45% from the issue price.