Aster DM Healthcare is one of the largest private healthcare service providers which operate in multiple GCC states based on numbers of hospitals and clinics.
The company currently operates in all of the GCC states, which comprise the United Arab Emirates, Oman, Saudi Arabia, Qatar, Kuwait, and Bahrain, in Jordan (which is classified as GCC Countries), in India and the Philippines.
Company’s GCC operations are headquartered in Dubai, the United Arab Emirates and their Indian operations are headquartered in Kochi, Kerala.
The company had 17,240 employees as of March 31, 2017, including 1,269 full-time doctors, 5,692 nurses, 2,186 paramedics and 8,093 other employees (including pharmacists). In addition, they had 934 “fee for service” doctors working across various specialties in their hospitals in India as of March 31, 2017.
The company operates in multiple segments of the healthcare industry, including hospitals, clinics, and retail pharmacies and provide healthcare services to patients across economic segments in several GCC states through their various brands “Aster”,“Medcare” and “Access”.
In August 2014, Company had launched Aster Medcity in Kochi, Kerala, a multi-speciality hospital with a 670-bed capacity, to be positioned as a destination for medical value travel.
They have a diversified portfolio of healthcare facilities, consisting of 7 hospitals, 89 clinics and 202 retail pharmacies in the GCC states, 11 multi-specialty hospitals and 6 clinics in India, and 1 clinic in the Philippines as of March 31, 2017.
Company’s hospitals in India are located in Kochi, Kolhapur, Kozhikode, Kottakkal, Bengaluru, Vijayawada, Guntur, Wayanad and Hyderabad and are generally operated under the “Aster”, “MIMS”, “Ramesh” or “Prime” brands.Company’s clinics in India are located in Kozhikode, Eluru, and Bengaluru.
Issue Open: Jan 15, 2018 – Jan 17, 2018
Issue Size: Updated Shortly
Face Value: Rs 10 Per Equity Share
Issue Price: Rs Updated Shortly
Minimum Lot: Updated Shortly
Listing At: NSE & SME