Broach Lifecare Hospital IPO

Broach Lifecare Hospital Limited's IPO features a fresh issue of 16,08,000 shares worth INR 4.02 crores to fund machinery, a medical tourism portal, and corporate goals.

Important Details

Open Date : August 13, 2024 Close Date : August 16, 2024 Allotment Date: August 19, 2024 Listing Date: August 21, 2024

Important Details

IPO Price: INR 25 per share Lot Size: 6000 Shares Total Issue Size: INR 4.02 crores

Fundamental Analysis

Broach Lifecare Hospital IPO shows mixed performance: 1. Revenue: Decreased, Profit After Tax: Improved. 2. Total Assets: Declined, Equity & Liquidity: Strengthened. 3. Debt-Equity Ratio: Higher, RoNW: Lower.

Peer Comparison

Broach Lifecare Hospital Ltd: Solid returns and earnings, but lower growth. Family Care Hospitals Ltd: Excels in returns & earnings. KMC Speciality Hospitals: Consistent performance. Global Longlife Hospital: Negative earnings and returns.

Objective

Objective of Broach Lifecare Hospital Limited: 1. Purchase new machinery. 2. Develop a medical tourism web portal. 3. Enhance operations and expand reach in healthcare

Risks And Challenges

Broach Lifecare Hospital IPORisks: 1. Attracting skilled professionals. 2. Geographical dependence exposing local issues. 3. Reliance on interventional cardiology (tech, staff, competition).