{
  "id": 2601439,
  "title": "ABH Healthcare SME IPO to open on Monday",
  "url": "https://urgent.news/2026/08/22/abh-healthcare-sme-ipo-to-open-on-monday",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-22T15:04:50.000Z",
  "source": {
    "name": "YourStory",
    "slug": "yourstory",
    "url": "https://yourstory.com/2026/08/abh-healthcare-sme-ipo-to-open-on-monday"
  },
  "original_language": "en",
  "account": "ABH Healthcare, a multi-speciality healthcare provider, will launch its Rs 34.98 crore initial public offering (IPO) on Monday for subscriptions. The IPO will be accessible until August 27, with a potential listing on September 1 on the National Stock Exchange's SME platform, Emerge. According to a statement, the company's shares will be listed on the Emerge platform.\n\nThe public issue is an entirely new issue of up to 34.29 lakh equity shares, with a price range set at Rs 96-102 per share. ABH Healthcare intends to allocate the net proceeds as follows: Rs 17 crore for debt repayment, either partially or wholly, Rs 5 crore to bolster working capital requirements, and the remaining funds for inorganic growth through unspecified acquisitions and general corporate purposes.\n\nIn his statement, Saurabh Baghi, Managing Director at ABH Healthcare Ltd, expressed that as the company embarks on its next phase as a listed entity, it remains committed to bolstering its clinical capabilities, improving patient care, and building upon the trust that Anil Baghi Hospital has garnered over the years. Established in 2021, ABH Healthcare delivers healthcare services under the Anil Baghi Hospital brand, operating a 150-bed multi-speciality hospital providing services across 25 medical specialities. The hospital is enlisted with 30 private and public health insurance providers and third-party administrators.\n\nFinancially, ABH Healthcare has shown robust growth over the past three years. Consolidated revenue increased from Rs 41.38 crore in FY24 to Rs 52.51 crore in FY26, while profit after tax surged more than threefold from Rs 1.66 crore to Rs 5.64 crore during the same period. FedEx Securities serves as the sole book-running lead manager for the IPO.",
  "summary": "The public issue is entirely a fresh issue of up to 34.29 lakh equity shares with a price band fixed at Rs 96-102 per share.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}