Aatmaj Healthcare Limited runs multi-specialty hospitals, under the name Jupiter Hospitals, offering medical care at affordable rates. The company provides inpatient and outpatient healthcare services through its hospitals in Vadodara, Gujarat with an aggregate bed capacity of 130 beds extendable up to 175 beds.
The IPO comprises of a total issue 6,400,000 shares (aggregating up to ₹38.40 Cr)
The company intends to utilize the net proceeds from the issue towards the funding of the following objects: 1. Repayment/Prepayment in full or part of the existing secured debt of the company, 2. Working Capital Requirements, 3. Purchase of medical equipment for hospitals of the company and/or newly acquired or set-up hospitals, 4. Acquisitions and other strategic initiatives, 5. General Corporate Expenses and Issue expenses.
The allotment date of Essen Speciality Films IPO is set for 26 July, 2023.