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ABH Healthcare IPO

Listed SME NSE SME · Pharmaceuticals

Price Band

₹96.0–102.0

Issue Size

₹34.98 Cr

Lot Size

1,200 shares

Min Investment

₹244,800

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

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Issue Price

₹102.0

ABH Healthcare IPO AI Summary

  • ABH Healthcare IPO is listed on NSE SME in the Pharmaceuticals sector.
  • Price band: ₹96.0–₹102.0 per share, lot size 1,200 shares (min. investment ₹244,800, 2 lots minimum).
  • Subscription window: 24 Aug–26 Aug 2026, listing on 01 Sep 2026.

ABH Healthcare Ltd is a hospital operator with a diverse range of medical specialties and a strong management team. The IPO aims to raise funds for debt repayment, working capital, and growth initiatives, with a promising financial outlook based on recent performance.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Important Dates

IPO Open Date
Mon, 24 Aug 2026
IPO Close Date
Wed, 26 Aug 2026
Allotment Date
Fri, 28 Aug 2026
Refund Initiation
Mon, 31 Aug 2026
Credit of Shares
Mon, 31 Aug 2026
Listing Date
Tue, 01 Sep 2026
Listing Price
₹102.0 +0.0%

Subscription Status

Overall Subscription

1.44x

Subscribed
Category Subscription Status
QIB (Institutional)
8.37x
8.37x
NII (HNI)
0.29x
0.29x
↳ bNII (>₹10L)
0.15x
0.15x
↳ sNII (<₹10L)
0.55x
0.55x
Retail (RII)
1.69x
1.69x
Total 1.44x 1.44x

Auto-updated every 5 min · As of 27th Aug 2026 18:56

ABH Healthcare IPO Grey Market Premium (GMP) Today

GMP not available yet

Grey Market Premium is updated daily. Check back closer to the listing date.

About the Company

ABH Healthcare Ltd provides healthcare services, operates under the name "Anil Baghi Hospital". The company has 150 beds and offer 25 medical specialities, including cardiac sciences, neurology, minimally invasive spine and brain surgeries, medical and surgical gastroenterology, laparoscopic and bariatric surgery, urology, pulmonology, nephrology, ENT, maxillofacial surgeries, etc. The hospital has empaneled with 30 private and public health insurance providers and third-party administrators. We also participate in major government healthcare schemes such as the Ex-Servicemen Contributory Health Scheme (ECHS), Railways, Food Corporation of India (FCI), Bharat Sanchar Nigam Limited (BSNL), and Ayushman Bharat - Sarbat Sehat Bima Yojana (ABSSBY). As of March 31, 2025, it has 29 doctors and 137 nurses. Competitive Strengths Doctor led professional management team with proven execution capabilities Best quality clinical care by attracting and retaining experienced and renowned clinicians Diversified operations across clinical specialties Robust operating infrastructure including information technology and modern equipments Track record of stable operating and financial performance and growth

Company Financials (₹ Cr)

As of 2026-03-31

Period Ended 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 45.75 33.78 30.59

Key Ratios

EPS

₹7.05

NAV

₹21.58

ROE

39.07%

ROCE

19.09%

RoNW

39.07%

P/B Value

4.73

P/E Ratio

14.47

Market Cap

₹116.58 Cr

PAT Margin

10.74%

Debt/Equity

3.20

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
Asarfi Hospital Limited 49.62 18.65% 27.63 8.47 8.47
Maitreya Medicare Limited 42.67 -8.1% -34.11 -3.64 -3.64
Sangani Hospitals Limited 23.3 16.2% 24.52 2.17 2.17
ABH Healthcare Limited This IPO 21.58 34.26% — 7.05 7.05

Promoters

Kamal Baghi, Saurabh Baghi, Vaishali Saini

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Repayment / prepayment, in part or full, of certain of borrowings 17.00 2 Funding working capital requirements 5.00 3 Funding inorganic growth through unidentified acquisitions and general corporate purposes (collectively referred to as Objects) 8.62 4 Issue Expenses 4.36 Total 34.98

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹41.39 Cr for the year ending 31 Mar 2024, increasing to ₹49.32 Cr by 31 Mar 2025, and further rising to ₹52.59 Cr by 31 Mar 2026.

Profit Trend

Profit After Tax was ₹1.66 Cr in the year ending 31 Mar 2024, rising to ₹5.35 Cr by 31 Mar 2025, and further increasing to ₹5.64 Cr by 31 Mar 2026.

Valuation

ABH Healthcare's implied P/E at the issue price is approximately 14.47, compared to peers trading at a P/E range of 24.52 to 27.63.

Grey Market Premium, Explained

The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on demand in this unofficial market.

Subscription Demand

As of 27th Aug 2026, the overall subscription was 1.44 times, with QIBs subscribing 8.37 times, Retail Investors (RII) 1.69 times, and HNIs (NII) only 0.29 times.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's growth potential and market position.

Who May Want to Wait

Investors who prefer stable, established companies with predictable earnings may want to avoid IPOs, as they can be more volatile and uncertain.

IPO Timeline, Explained

The IPO opens on 24th August 2026 and closes on 26th August 2026. Allotment of shares will be done by 28th August 2026, and the shares are expected to be listed on the stock exchange by 1st September 2026.

Listing Gains — The Risk

Listing-day gains can be unpredictable. While some IPOs may see a surge in price, others may not perform as expected. Investors should be prepared for potential losses as well as gains.

This evaluation is generated from ABH Healthcare's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is the price band of ABH Healthcare IPO?

The price band of ABH Healthcare IPO is ₹96.0–₹102.0 per share.

When does ABH Healthcare IPO open and close?

ABH Healthcare IPO opens on 24 August 2026 and closes on 26 August 2026.

When does ABH Healthcare IPO list on the stock exchange?

ABH Healthcare IPO listed on 01 September 2026 at ₹102.0.

What is the lot size for ABH Healthcare IPO?

The lot size for ABH Healthcare IPO is 1200 shares, requiring a minimum investment of ₹244,800 (2 lots).

What is the lot size for this IPO?

The lot size for ABH Healthcare's IPO is 1200 shares.

What is the minimum investment required?

The minimum investment required is ₹244,800.

What is the price band of the IPO?

The price band for the IPO is ₹96.0 to ₹102.0.

When is the listing date?

The listing date for the shares is expected on 1st September 2026.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO based on demand in the unofficial market.

Issue Details

Issue Type SME Book Built
Issue Size ₹34.98 Cr
Price Band ₹96.0 – ₹102.0
Issue Price ₹102.0
Lot Size 1,200 shares
Min Investment ₹244,800 (2 lots minimum)
Exchange NSE SME
Sector Pharmaceuticals
Open Date 24 Aug 2026
Close Date 26 Aug 2026
Allotment 28 Aug 2026
Listing Date 01 Sep 2026

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers / Book Running

Fedex Securities Pvt.Ltd.

IPO Timeline

Open

24 Aug 2026

Close

26 Aug 2026

Allotment

28 Aug 2026

Listing

01 Sep 2026

Full Analysis

Should you apply? Company analysis, GMP explained & FAQs

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