ABH Healthcare IPO
Updated 11 Sept 2026, 5:03 pm.
Minimum investment (Individual investors (IND))
₹2,44,800
2 lots · 2,400 shares at the upper price band
Price band
₹102
Latest GMP
Not yet quoted
Est. listing price
—
Issue size
₹33.22 Cr
GMP history
Each point is a recorded observation from the scheduled data sync.
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- SME
- Price band
- ₹102
- Issue size
- ₹33.22 Cr
- Lot size
- 1,200
- Opens
- 24 Aug 2026
- Closes
- 27 Aug 2026
- Allotment
- 28 Aug 2026
- Listing
- 1 Sept 2026
- Est. listing price
- —
- Listing price
- Awaited
- Listing gain
- Awaited
- Registrar
- Bigshare Services Pvt.Ltd.
- Minimum investment
- ₹2,44,800 (2 lots · 2,400 shares)
- Face value
- ₹10 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital only
- Listing at
- NSE SME
- Refunds
- 31 Aug 2026
- Shares credited
- 31 Aug 2026
- Promoter holding
- 100% before · 69.99% after
- Lead managers
- Fedex Securities Pvt.Ltd.
Offer documents & links
Subscription by category
As of 27 Aug 2026, 1:24 pm.
Total subscription
1.44x
Full issue details
Details as published for this issue, read 11 Sept 2026, 4:58 am. Verify against the RHP before applying.
IPO Details
| IPO Date | 24 to 27 Aug, 2026 |
|---|---|
| Listed on | Tue, Sep 1, 2026 |
| Face Value | ₹ 10 per share |
| Price Band | ₹96 to ₹102 |
| Issue Price | ₹102 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 34,29,600 shares (agg. up to ₹ 35 Cr) |
|---|---|
| Reserved for Market Maker | 1,72,800 shares (agg. up to ₹ 2 Cr) Rikhav Securities Ltd. |
| Fresh Issue (Ex Market Maker) | 32,56,800 shares (agg. up to ₹ 33 Cr) |
| Net Offered to Public | 32,56,800 shares (agg. up to ₹ 33 Cr) |
| Share Holding Pre Issue | 80,00,000 shares |
| Share Holding Post Issue | 1,14,29,600 shares |
| NSE Symbol | ABH |
| ISIN | INE1R2M01019 |
IPO Timetable
- IPO Open
- Mon, Aug 24, 2026
- IPO Close
- Thu, Aug 27, 2026
- Allotment
- Fri, Aug 28, 2026
- Refund
- Mon, Aug 31, 2026
- Credit of Shares
- Mon, Aug 31, 2026
- Listing
- Tue, Sep 1, 2026
Issue Reservation
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 1,99,200 | 6.12% | 5.81% |
| NII (HNI) | 15,28,800 | 46.94% | 44.58% |
| − bNII > ₹10L | 10,18,800 | — | 29.71% |
| − sNII < ₹10L | 5,10,000 | — | 14.87% |
| Retail | 15,28,800 | 46.94% | 44.58% |
| Firm Reservations | |||
| Market Maker | 1,72,800 | — | 5.04% |
| Total | 34,29,600 | 100.00% | 100.00% |
ABH Healthcare IPO comprises a total issue size of 34,29,600 shares. The net offer to the public is 32,56,800 shares, after excluding 1,72,800 shares allotted on a firm basis. Of the Net offer 1,99,200 (6.12%) are allocated to QIB , 15,28,800 (46.94%) allocated to NII 15,28,800 (46.94%) allocated to RII .
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2400 | ₹2,44,800 |
| Individual investors (IND) (Max) | 2 | 2400 | ₹2,44,800 |
| S-HNI (Min) | 3 | 3600 | ₹3,67,200 |
| S-HNI (Max) | 8 | 9600 | ₹9,79,200 |
| B-HNI (Min) | 9 | 10800 | ₹11,01,600 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
IPO Subscription Details
About ABH Healthcare Ltd.
Incorporated in 2021, 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. The company also participates 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 June 30, 2026, it has a team of 37 doctors and 101 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 (Restated Consolidated)
| 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 |
| Amount in ₹ Crore |
ABH Healthcare Ltd.'s revenue increased by 7% and profit after tax (PAT) rose by 5% between the financial year ending with March 31, 2026 and March 31, 2025.
Note:- Financials for FY 2024 are presented on a standalone basis.
Recently Listed IPOs in Hospital
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Hannah Joseph Hospital Ltd. | SME | ₹42.00 Cr | ₹70 | 16.21 | ₹68.25 | -2.50% | ₹113.50 |
| Manipal Health Enterprises Ltd. | Mainboard | ₹9,275.22 Cr | ₹590 | 75.93 | ₹666.95 | +13.04% | ₹733.25 |
| Gujarat Kidney & Super Speciality Ltd. | Mainboard | ₹250.80 Cr | ₹114 | 61.62 | ₹104.54 | -8.30% | ₹173.22 |
| Park Medi World Ltd. | Mainboard | ₹920.00 Cr | ₹162 | 29.21 | ₹147.95 | -8.67% | ₹280.80 |
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IPO Objects of the Issue
| # | 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 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 39.07% |
| ROCE | 19.09% |
| Debt/Equity | 3.20 |
| RoNW | 39.07% |
| PAT Margin | 10.74% |
| EBITDA Margin | 28.03% |
| NAV | 21.58 |
| Price to Book Value | 4.73 |
Check IPO Peer Comparison here.
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 7.05 | 4.93 |
| P/E (x) | 14.47 | 20.69 |
| Market Cap at Offer Price | ₹82Cr. | ₹107.50 Cr |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.
Shareholding Structure
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 100% | 69.99% |
| Public | — | 30.01% |
| Total | 100% | 100% |
Company Promoters: Kamal Baghi, Saurabh Baghi and Vaishali Saini.
ABH Healthcare IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 0 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 8.37 | 1,99,200 | 16,66,800 | 2 |
| NII * | 0.29 | 15,28,800 | 4,36,800 | 0 |
| bNII (> ₹10L) | 0.15 | 10,18,800 | 1,56,000 | — |
| sNII (< ₹10L) | 0.55 | 5,10,000 | 2,80,800 | — |
| Individual Investor | 1.69 | 15,28,800 | 25,77,600 | 1,074 |
| Total | 1.44 | 32,56,800 | 46,81,200 | 1,154 |
The ABH Healthcare IPO is subscribed 1.44 times on August 27, 2026 6:54:03 PM (Day 4). The public issue subscribed 1.69 times in the individual investors category, 8.37 times in the QIB category, and 0.29 times in the NII category. Check Day by Day Subscription Details (Live Status)
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Total Applications: 1,154
*Market Maker portion is not included to NII/HNI.
IPO Expenses
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLM fees | 0.27 |
| 2 | Fees payable to Market Maker | 0.09 |
| 3 | Fees payable to Registrar to Issue | 0.01 |
| 4 | Fees payable to Advertising and publishing expenses | 0.07 |
| 5 | Fees payable to Statutory Auditor, Legal Advisors and other Professionals | 0.21 |
| 6 | Fees payable to Regulators including Stock Exchange & Depositories | 0.08 |
| 7 | Payment of printing and stationery, postage, etc | 0.01 |
| 8 | Others, if any (Other Intermediary fees, consultant fees, marketing fees etc | 3.62 |
| Total | 4.36 |
Listing Day Trading Information
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹ 102.00 |
| Open | ₹ 99.00 |
| Low | ₹ 94.05 |
| High | ₹ 99.00 |
| Last Trade | ₹ 94.05 |
Check IPO Performance…
IPO Registrar
Bigshare Services Pvt.Ltd.
8657578989/8069219065/8069219060
ipo@bigshareonline.com
IPO Lead Manager(s)
Fedex Securities Pvt.Ltd.
Contact Details
ABH Healthcare Ltd. Address
Anil Baghi Road, Ferozepur,
Punjab
Firozpur, Punjab , 152002
+91 7888690018
investor@anilbaghihospital.com
ABH Healthcare IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
ABH Healthcare IPO Listing Today: Check Share Price
Univest · 2 Sept 2026
ABH Healthcare, Madhur Knit IPO listing today: Grey market hints at muted debut on NSE SME
The Economic Times · 1 Sept 2026
NSE SME ABH Healthcare's market debut shows signs of weak pulse
Business Standard · 1 Sept 2026
ABH Healthcare Initial Public Offering Listing Preview: Lists Tomorrow
Univest · 31 Aug 2026
