ListedSME platform

ABH Healthcare Limited

ABHHealthcare Services24 Aug 2026 – 27 Aug 2026INE1R2M01019

Promoters Dr. Kamal Baghi · Dr. Saurabh Baghi · Dr. Vaishali Saini

On listing day it
-7.8%
listing-day close vs issue price
Since then, against the issue price
-38.5%
₹62.7 on 11 Sept 2026

Against an issue price of ₹102. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹102
final issue price
Issue size
₹35 cr
Fresh
Lot size
1,200 sh
₹1,22,400 a lot
Listed on
1 Sept 2026
NSE
Now trading as ABH — see its filed financials and price history →
Valued at the offer price117 cr1,14,29,600 shares after the issue × ₹102, the final issue price. Not a market capitalisation — that moves with the traded price.
Notes

ABH Healthcare Limited raised ₹35 crore through a SME-platform initial public offer.

The filing places it in Healthcare Services and names three promoters: Dr. Kamal Baghi, Dr. Saurabh Baghi and Dr. Vaishali Saini.

The book was open from 24 August 2026 to 27 August 2026.

The issue was priced at ₹102 a share, from a band of ₹96 to ₹102.

Of the offer, ₹35 crore is a fresh issue of shares — money that goes to the company — and ₹0.00 crore is an offer for sale, which goes to existing shareholders selling down. Valued at the final issue price.

The issuer reported the offer subscribed 1.00 times, just above the shares on offer. That is its own final figure, filed with the exchange after the book closed — not a reading we took while bidding was open.

The shares listed on 1 September 2026.

The last official close on file is ₹62.70 (11 September 2026), which is 38.5% below the issue price.

It now trades as ABH, and its filed financials are on its company page.

How it has done since listing
NSE close · 11 Sept 2026
Issue price
₹102
final issue price
Listing-day move
-7.8%
listing-day close vs issue price
Now vs issue price
-38.5%
11 Sept 2026
Since first close

Shares sold in the issue at ₹102 last closed at ₹62.7.

See ABH’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Regulation 229(2)
Issue price
₹102
face value ₹10
Lot size
1,200 sh
₹1,22,400 a lot
Issue size
₹35 cr
Fresh
Shares after issue
1.14 cr
1,14,29,600
Where the money goes₹35 cr
Fresh issue — goes to the company₹35 cr100.0%
Offer for sale — goes to selling shareholders₹0 cr0.0%

Share counts converted at ₹102, the final issue price.

How it was priced
Book-built — the price was discovered inside a band from the bids received
Listing sought at
NSE
Designated exchange
NSE
Discount
None offered
Registered office
Northern India
Company website
www.abhhealthcare.org
Registrar
Bigshare Services Private Limited
Lead manager
  • Fedex Securities Private Limited
What happens when
4-day book
  1. Bidding opens24 Aug 2026
  2. Bidding closes27 Aug 2026
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing1 Sept 2026
How the bidding went
as filed after the close
1.00x
subscribed — filed by the issuer

This is the issuer’s own final figure, filed with the exchange once bidding had closed — not a reading we took while the book was open. The exchange publishes only a running cumulative figure and no history, so for an issue nobody polled live this filing is the only account of the book that exists. It covers the whole offer and carries no breakdown by category and no timestamp.

Our own reading, mid-book — a different figure0.00x

A snapshot WE took while the book was still open, not the final figure. It is earlier than the filed number above and can only be lower — never quote the two as one measurement. Taken 28 Aug 2026, 7:00 pm IST.

Who the offer was set aside for
as filed by the issuer at listing
  • Qualified institutional buyers10.0%
  • Non-institutional investors12.1%
  • Retail individual investors72.8%
  • Market maker5.0%

No part of the offer was set aside for anchor investors, reserved portion or other.

The portion of the offer set aside for each category before bidding opened, as the issuer filed it. The anchor allocation is filed as its own line rather than inside the institutional one, so these add up to the whole offer. Shares as filed; the percentages are computed against the offer's own share count.

Where in the price band the bids sit
as of 27 Aug 2026, 7:00 pm IST

Every bid names a price, or accepts whatever the final price turns out to be. This shows how many shares have been bid for at each price or above it — so the bar at the top of the band counts only the bids willing to pay it.

₹96
₹97
₹99
₹100
₹101
₹102

The columns are near-identical because they are: demand falls only 1.73% between ₹96 and ₹102, so almost every bid was willing to pay the top of the band. The axis starts at zero — the flatness is the finding, not a missing scale.

Bid at cut-off (no price named)

These accept whatever price the issue is finally set at, so they have no place on the price axis and are not in the chart.

Drop from ₹96 to ₹102
1.73%

How much of the demand falls away between the bottom and the top of the band.

Cumulative shares bid at or above each price in the band, from the exchange's own demand schedule. Bids placed at cut-off carry no price and are counted separately.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    1 Mar 2027
    whole tranche releases on this date
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    1 Mar 2028
    whole tranche releases on this date

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set
as printed in the red herring prospectus

Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.

Asking, at the top of the band
The issuer's chosen peers
Earnings the price leans on

Weighted-average return on net worth over the same years: 6.10%.

Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.

Restated financials

Everything we extracted from this issue's offer document is the pricing justification rather than the restated statements — it is shown under how the offer was priced. The restated financial statements themselves have not been extracted for this issue.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
Asarfi Hospital Limitednot in our universe27.618.7%
Maitreya Medicare Limited-34.1-8.1%
Sangani Hospitals Limited24.516.2%
The issuer’s own figures, as it printed them
EPS
₹7.05
NAV per share
₹21.58
Return on net worth
34.26%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Lead manager
FirmIssuesTypical listing move
Fedex Securities Limited
20222026
21
1 measurable
-7.8%
Registrar
FirmIssuesTypical listing move
Bigshare Services Private Limited
20212026
212
16 measurable
+19.0%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.