ABH Healthcare Ltd.
ABHHEALTHSME
Overview
ABH Healthcare Limited operates a 150-bed multi-specialty tertiary care hospital in Ferozepur, Punjab under the ‘Anil Baghi Hospital’ brand, focused on delivering specialized care in a Tier 3 city with an affordability-and-quality positioning. ABH Healthcare Limited offers services across 25 specialties (including critical care, cardiology, neurology/neurosurgery, gastroenterology, orthopedics and others), is empaneled with 30+ insurers/TPAs plus major government schemes, and has invested in digital systems such as EHR/CPOE, patient portal and cloud-based applications to improve clinical and operational efficiency.
Opening Date
Aug 24, 2026
Closing Date
Aug 26, 2026
Listing Date
Aug 31, 2026
IPO Type
SME
IPO Status
Upcoming
Issue Size
34.98 Cr
Fresh Issue
34.98 Cr
Offer for Sale
0 Cr
Price Band
₹96 - ₹102
Lot Size
1200
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
Use of IPO funds
Key Performance Indicator
P/E Ratio
14.47
EPS
7.05
ROE
39.07%
ROCE
19.09%
RONW
39.07%
Debt to Equity Ratio
3.2
PAT Margin
10.74%
EBITDA Margin
28.03%
P/B
4.73
Bull vs Bear
Bull case
- •
Strong doctor-led management can keep care standards consistent, which protects reputation and patient trust—hard for rivals to copy quickly.
- •
NABH and NABH Digital Standards show process discipline; it can improve patient experience and insurer confidence, supporting steady demand over time.
- •
Broad specialty and payer mix reduces reliance on one single service line or customer type, which can smooth earnings during local demand shifts.
Bear case
- •
Limited operating history as a company makes past numbers less reliable for judging long-term performance; surprises in costs, controls, or profitability can emerge.
- •
All revenue comes from one hospital in Ferozepur; any local disruption can hit volumes and cash flows because there is no second location to cushion.
- •
Keeping up with new medical technology needs heavy spending; equipment breakdowns or fast obsolescence can hurt revenue, raise costs, and create legal risk.
Net takeaway
The long-term story is a doctor-led hospital with recognized quality systems and a wide set of specialties and payers, which can help build durable patient trust. But the business is still young as a company and depends on one Ferozepur site, so any local issue can quickly impact cash and results. The thing to monitor over time is whether occupancy improves while technology spending stays disciplined and reliable.
Subscription Rate
Subscription data will be available once the IPO opens.

