Yatharth Hospital gets approved by Sebi for its IPO

Yatharth hospital
August 9, 2022

Yatharth Hospital & Trauma Care Services Ltd has entered capital requests controller Sebi’s go ahead to float an original public immolation (IPO). The company operates three super specialty hospitals in Delhi- NCR. It lately expanded to Madhya Pradesh. Yatharth Hospital’s IPO consists of a fresh issue of equity shares adding up to Rs 610 crore and an Offer For trade( OFS) offer for trade of over to 65.51 lakh equity shares by the company’s promoters and protagonist group realities, according to the draft red herring prospectus( DRHP).

The company, which filed its primary IPO papers with the capital requests controller in April, attained its” observation” letter on August 2, an update with the Securities and Exchange Board of India (Sebi) showed. In Sebi’s parlance, issuing an observation letter implies its go- ahead to float an IPO.

Going by the draft papers, the establishment intends to use the net proceeds for payment of debt, backing capital expenditure charges, funding inorganic growth enterprise through accession and other strategic enterprise, and for general commercial purposes. Ferocious financial Services Pvt Ltd, Ambit Pvt Ltd and IIFL Securities Ltd NSE -0.58% are the book- running lead directors for the IPO.

About Yatharth Hospital

More than fifteen years ago, four doctors worked together to make their unique vision a reality, a hospital that would do more than care for the physical needs of their patients. It was their intention to provide a healing atmosphere that would encompass all the aspects of health and well-being.

Yatharth hospital

These dedicated doctors were laying the foundation for Yatharth Hospital – a hospital that would not only care for the medical needs of their patients but also create world class medical facilities for the not so privileged class of the society in a patient friendly environment.

Vision & Mission

To evolve as the most preferred destination for quality healthcare that provides a comprehensive range of services and is trusted for personalized care with compassion. Committed to deliver quality & personalized care to improve the well-being of patients and communities we serve.

Quality policy

To constantly upgrade ourselves to keep pace with what is new in the field to deliver healthcare, recruit highly qualified doctors and further improve clinical outcomes, patient safety & patient satisfaction.

Accreditation & Quality

Set on a spacious campus, the hospitals have been built on the foundation of Trust, Talent, Technology, Service and Infrastructure. With the belief that healthcare requires utmost care and responsibility, Yatharth Super Speciality Hospitals have brought together a team of medical specialists -doctors and para medical staff, who represent and uphold the Group’s philosophy of transparency, dedication and honesty. The medical professionals are highly qualified from the best medical institutes and have vast experience in their fields. YATHARTH Super Speciality Hospital Greater Noida and Noida have also been accredited by National Accreditation Board for Hospitals and Healthcare Providers for its processes and high quality patient care.

Community Services

Healthcare should reach masses. Yatharth Super Speciality Hospitals play a big role in ensuring that best of the medical care is offered to masses. In line with our consistent efforts, we organize regular health awareness and check-up camps for the general public, students, and underprivileged section of society. Free health lectures are conducted regularly for students of schools, colleges to create awareness on hygiene (oral/dental/general), importance of sports and exercise, healthy eating habits etc. Awareness sessions and checks are also organized for employees of cooperates for occupational safety and health standards, ergonomics workplace assessments and injury prevention .