Unihealth Consultancy IPO will open for subscription from 08 September 2023. The company aims for an issue size of ₹56.55 Cr through this IPO.
Company Overview
| Full name | Unihealth Consultancy Limited |
| Sector | Healthcare |
| Industry | Hospital & Healthcare Services |
| Company Website | https://www.unihealthonline.com/ |
About Company
Incorporated in 2010, Unihealth Consultancy is a healthcare service provider based out of Mumbai, India, and has an operational presence in multiple countries across the African continent. Its business segments include Medical Centres, Hospitals, Consultancy Services, Distribution of Pharmaceutical and medical Consumable Products, and Medical Value Travel. The company operates a combined capacity of 200 operational hospital beds across our two multi-specialty facilities i.e. UMC Victoria Hospital in Kampala, Uganda, has a bed strength of 120 beds, and UMC Zhahir Hospital in Kano, Nigeria has a bed strength of 80 beds. In addition to these, we operate ‘Unihealth Medical Centre’ a dedicated dialysis facility, in Mwanza, Tanzania.
Unihealth Consultancy is currently providing Project Management Consultancy Services to set up a 300+ bedded Health City in Undri, Pune (Maharashtra, India) for PHRC Lifespaces Organization along with a few other healthcare consultancy projects in Kenya and Angola. The company’s clientele comes from countries like India, Uganda, Nigeria & Tanzania, Kenya, Zimbabwe & Angola and Ethiopia, Mozambique & DR Congo.
Unihealth Pharmaceuticals, a subsidiary of the company, is in the business of procuring and exporting pharmaceutical and medical consumable products. The company exports and supplies these products mainly to Victoria Hospital Limited (Joint Venture of Unihealth Consultancy Limited) in Uganda, UMC Global Health Limited (Joint-Venture of Unihealth Consultancy Limited) in Nigeria and Biohealth Limited (Subsidiary of Unihealth Consultancy Limited) in Tanzania.
The Objective of the Issue
- Investment in the joint venture, Victoria Hospital Limited (VHL), Kampala, Uganda for funding its capital expenditure requirements for proposed expansion and working capital requirements of VHL.
- Investment in the joint venture, UMC Global Health Limited (UMCGHL), Nigeria for funding its capital expenditure requirements for the proposed expansion.
- Investment in the subsidiary, Biohealth Limited (BL), Tanzania for funding its capital expenditure requirements for the proposed expansion.
- General corporate purposes.
IPO Timetable
| IPO Opening date | 08 September 2023 |
| IPO Closing | 12 September 2023 |
| Basis of Allotment | 15 September 2023 |
| Initiation Refund | 18 September 2023 |
| Credit to Demat Account | 20 September 2023 |
| Listing Date | 21 September 2023 |
IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹56.55 Cr – 4,284,000 shares |
| Fresh Issue | ₹56.55 Cr – 4,284,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Price Band | ₹126 to ₹132 per share |
| Lot size | 1000 Shares |
| Market Maker portion | 216,000 shares |
| Listing Exchange | NSE SME |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹132,000 |
| Retail (Max) | 1 | 1000 | ₹132,000 |
| HNI (Min) | 2 | 2,000 | ₹264,000 |
Reservation Details
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Financial Performance
| FY 2021 | FY 2022 | FY 2023 | |
| Revenue | 26.21 | 36.83 | 43.94 |
| Expenses | 23.16 | 32.72 | 36.75 |
| Net income | 5.01 | 3.82 | 7.68 |
Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 4.53 | 3.45 | 6.94 |
| PE ratio | – | – | 18.16 – 19.02 |
| RONW (%) | 46.80 | 25.83 | 27.91 |
| NAV | 9.67 | 13.36 | 24.76 |
| ROCE (%) | 14.08 | 20.08 | 20.99 |
| EBITDA (%) | 34.14 | 34.21 | 36.22 |
| Debt/Equity | 3.62 | 2.57 | 1.43 |
Company Promoters
- Dr. Anurag Shah
- Dr. Akshay Parmar.
Promoter Holding
| Pre Issue Share Holding | 95.32% |
| Post Issue Share Holding | – |
Lead Manager(s)
UNISTONE CAPITAL PRIVATE LIMITED
A/305, Dynasty Business Park, Andheri Kurla Road,
Andheri East, Mumbai 400059, Maharashtra
Phone:+91 98200 57533
Email: mb@unistonecapital.com
Website: www.unistonecapital.com
IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Contact Details
UNIHEALTH CONSULTANCY LIMITED
H-13 & H-14, Everest, 9th Floor, 156,
Tardeo Road, Mumbai- 400034, Maharashtra
Phone: 022 2354 4625
E-mail: cs@unihealthonline.com
Website: www.unihealthonline.com
Allotment Status
Unihealth Consultancy IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
Final thoughts
Unihealth Consultancy IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
