Aster DM Healthcare Limited IPO GMP


Aster DM Healthcare Ltd IPOAbout Aster DM Healthcare 

Aster DM Healthcare is privately held health care providing conglomerate founded in 1987 by Azad Moopen. The company is headquartered in Dubai, United Arab Emirates. Aster DM Healthcare currently operates hospitals, diagnostic centers, medical centers, and pharmacies in the Middle East and India. In 2013, the company has allocated $600 million for its expansion program in the next five years.
The Dubai-headquartered healthcare conglomerate covers an array of healthcare verticals, from hospitals, clinics, pharmacies, healthcare consultancy service, and an advanced Medical City.
In March 2015, Sachin Tendulkar, the highest run-scorer in Test history, opened Aster DM Healthcares 150th pharmacy in Abu Dhabi.Sachin Tendulkar is the brand ambasider of Aster Pharmacy and CSR activities.
In May 2011, Aster DM Healthcare opened its first medical centre in Sharjah, United Arab Emirates. The new centre was officially inaugurated by the veteran Indian play back singer K. J. Yesudas in the presence of Chairman Dr. Moopen and various guests from the Government of Sharjah and Ministry of Health.
In February 2013, Aster DM Healthcare announced the interest of investing in the Philippines healthcare sector. Initially, the company would start with the establishment of pharmacies and possibly hospitals in the later time. Chairman Dr. Azad Moopen told reporters in a press conference for the launch of the DM Healthcare Foundation Philippines Inc., which is providing free pediatric cardiac surgery to at least 50 Filipino children in two years.In December, they launched its fifth Access Clinic in Jebel Ali Free Zone, or Jafza South, aimed at catering to the day-to-day healthcare needs of the employees in the neighborhood.
In April 2014, the company announced the plans to establish help desks in Oman for 2 separate campuses of Aster Medcity, South Asias largest quaternary care hospitals being set up in Thiruvananthapuram and Ernakulam, Kerala, India.
In August 2016, the company has taken over Cuvery Medical Institute, Bangaluru and renamed as Aster CMI Hospital, Bangaluru. Its planned for 509 beds and inaugurated by honorable cricketer Shri Sachin Tendulkar on 27 August 2016. In Bangaluru there are four clinics with complete day care facility.







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admin Feb 26 2018 12:10:46 PM
As discussed issue debuts at 4% discount. Congratulation who ignore this issue :D

Nirajsinh Jadav Feb 15 2018 4:00:45 PM
Totally avoid it...

admin Feb 15 2018 3:02:47 PM
Ignore this issue as no good number for HNI and QIB.

Kalpesh Feb 15 2018 2:54:46 PM
Now 2:55 no Qib or hni

BAV Feb 15 2018 2:07:01 PM
In Q-3 result, due to provision of dep., it seens loss actually it is cash profit. i think should apply for short-mid term.

abhay modi Feb 15 2018 1:23:25 PM
kostak price

Eagleye Feb 15 2018 1:12:15 PM
Nii/qib fooling retailer, they will come in full force at 2:15 when banks closed, so without any fear retailers can apply for 800-900 rs gain NiI 8x Qib 10x possible

admin Feb 15 2018 12:18:48 PM
99% ignore. still wait for 2-2:30 subscription figure. most of bank allow up to 3 PM. HDFC allow up to 4 PM to subscribe issue.

Kalpesh Feb 15 2018 12:03:39 PM
Skip aster

Jay Feb 15 2018 11:46:45 AM
Admin, what is the final call for Aster? Whether to apply or skip ?

Jay Feb 15 2018 11:46:45 AM
Admin, what is the final call for Aster? Whether to apply or skip ?

admin Feb 15 2018 9:31:56 AM
today is last day. subscription is not up to mark.

Jigar Bagadai Feb 12 2018 8:59:50 PM
Yes, Even one of the objective of ipo repayment of company's debt.

Parth Mandani Feb 12 2018 3:29:22 PM
Avoid! > Demanding high valuation > Huge debt on company > Loss in recent quarters It may list at discount.

admin Feb 12 2018 3:27:20 PM
Tomorrow is market holiday (Mahashivratri). We may seen subscription on last day.