Get ready for the first main board IPO of September! The official dates for the Atha Health Care IPO have been announced, and investors should prepare themselves for this exciting opportunity. This article provides a detailed look into the IPO, its key dates, allocation structure, and what to consider before applying. Stay informed with daily IPO and Grey Market Premium updates by subscribing and joining our Telegram group for timely notifications.
Atha Health Care IPO: Official Dates Announced
Atha Health Care IPO is set to open on September 1st and will close on September 3rd. This gives investors three full days to apply for the IPO: September 1st, September 2nd, and September 3rd. Mark your calendars to ensure you don’t miss out on this opportunity.
Understanding the Atha Health Care IPO
The company’s face value is ₹10 per share. While the official price band has not yet been announced, it is expected to be released by Monday or Tuesday. Once the price band is available, the company’s valuation can be properly assessed. The total issue size will be determined based on the final price announcement.
Atha Health Care’s IPO is entirely a fresh issue, meaning the company will issue 1 crore fresh equity shares. The funds raised through this IPO will go directly to the company. The IPO is a book-building issue and will be listed on both BSE and NSE.
Retailer and Investor Allocation
The distribution of shares for the Atha Health Care IPO is structured as follows:
- 50% of the shares will be allocated to Qualified Institutional Buyers (QIBs), which includes anchor investors.
- 35% of the shares are reserved for the Retail Individual Investor (RII) category, where applicants typically invest up to ₹15,000.
- 15% of the shares will be allocated to the Non-Institutional Investor (NII) category, which includes both big HNI and small HNI investors.
This distribution highlights the significant portion available for retail investors, making it a potentially important factor if the company’s valuation is attractive.
Important Dates for Atha Health Care IPO Applicants
Here’s a breakdown of the crucial dates for the Atha Health Care IPO:
- September 1st: IPO Opening Date
- September 2nd: IPO Application Day
- September 3rd: IPO Closing Date
- September 4th: IPO Allotment Status will be available.
- September 5th: Refunds will be initiated for non-allotted applications, and shares will be credited to successful applicants’ Demat accounts.
- September 8th: Company shares will be listed on both BSE and NSE.
Evaluating the Atha Health Care IPO
Atha Health Care operates in the healthcare sector. A critical factor for investors will be how the company’s valuation, once the price band is announced, compares to its peer competitors. Additionally, understanding the company’s objectives and how it plans to utilize the funds raised from the IPO will be essential. Detailed discussions regarding the company’s valuation will follow once the official price band is released. Stay connected for further updates.
For any additional doubts or queries, feel free to leave a comment. We hope this information is useful.
