
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Dr Agarwal's Health Care Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.

Price Band
₹402
Per Share
Lot Size
35 Shares

Minimum Investment
₹14,070

Issue Size
₹3,027.26 Cr

Face Value
₹1
Per Share
IPO Type
Book Building

Retail Quota
35%

QIB Quota
50%

NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
37.72%
Promoter Holding (Post-Issue)
32.45%
Issue Type
Book Building
ISIN
INE943P01029
We provide a comprehensive range of eye care services, including cataract, refractive and other surgeries; consultations, diagnoses and non-surgical treatments; and sell opticals, contact lens and accessories, and eye care related pharmaceutical products. We endeavour to address all the needs of our patients in their eye treatment journey through a network, which as of September 30, 2024, comprised 209 Facilities.
According to the CRISIL MI&A Report, the eye care market in India has grown at a compounded annual growth rate of 11.5 % between the Financial Years 2019 and 2024 to reach the value of ?378 billion in the Financial Year 2024. This market includes surgical and non-surgical treatments for patients suffering from various eye disorders. Surgical treatments in this industry includes cataract surgery, glaucoma, retina surgeries, refractive surgeries, cornea and other eye related surgeries. Cataract surgery has the largest share of eye care surgery in India. Non-surgical treatments in the industry include general checkups, pre-treatment assessment, post-treatment follow ups, diagnostics etc.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of up to 75,304,970 equity shares of face value of Re. 1/- each ("Equity Shares") of Dr. Agarwal's Health Care Limited ("Company") for cash at a price of Rs. 402.00 per equity share (including a share premium of Rs. 401.00 per equity share) ("Offer Price") aggregating up to Rs. 3027.26 crores comprising a fresh issue of up to 74,62,686 equity shares of face value of Re. 1/- aggregating up to Rs. 300.00 crores by the company ("Fresh Issue") and an offer for sale of up to 67,842,284 equity shares of face value of Re. 1/- aggregating up to Rs. 2727.26 crores ("Offered Shares") by the selling shareholders, consisting of up to 2,176,239 equity shares of face value of Re. 1/- aggregating up to Rs. 87.48 crores by Amar Agarwal, up to 2,629,829 equity shares of face value of Re. 1/- aggregating up to Rs. 105.72 crores by Athiya Agarwal, up to 3,071,188 equity shares of face value of Re. 1/- aggregating up to Rs. 123.46 crores by Adil Agarwal, up to 3,614,508 equity shares of face value of Re. 1/- aggregating up to Rs. 145.30 crores by Anosh Agarwal, up to 241,269 equity shares of face value of Re. 1/- aggregating up to Rs. 9.70 crores by Ashvin Agarwal, up to 1,883,869 equity shares of face value of Re. 1/- aggregating up to Rs. 75.73 crores by Agarwal's Eye Institute (collectively "The Promoter Selling Shareholders"), up to 7,083,010 equity shares of face value of Re. 1/- aggregating up to Rs. 284.74 crores by Arvon Investments Pte. Ltd., up to 16,148,150 equity shares of face value of Re. 1/- aggregating up to Rs. 649.16 crores by Claymore Investments (Mauritius) Pte. Ltd., and up to 30,755,592 equity shares of face value of Re. 1/- aggregating up to Rs. 1236.37 crores by Hyperion Investments Pte. Ltd. (collectively the "Investor Selling Shareholders"), up to 119,315 equity shares of face value of Re. 1/- aggregating up to Rs. 4.80 crores by Farah Agarwal, up to 119,315 equity shares of face value of Re. 1/- aggregating up to Rs. 4.80 crores by Urmila Agarwal (collectively the "Other Selling Shareholders") (the promoter selling shareholders, the other selling shareholders and the investor selling sharehodlers, collectively referred to as the "Selling Shareholders") and such equity shares offered by the selling shareholders ("Offer for Sale", and together with the fresh issue, the "Offer"). The offer included a reservation of 1,579,399 equity shares of face value of Re. 1/-, aggregating to Rs. 63.49 crores (Constituting 0.50 % of the post-offer paid-up equity Share Capital), for subscription by eligible employees ("Employee Reservation Portion") and a reservation of 1,129,574 equity shares aggregating to Rs. 45.41 crores (Constituting 0.36 % of the post-issue paid-up Equity Share Capital) for subscription by eligible AEHL shareholders ("Shareholder Reservation Portion"). The offer less the employee reservation portion and the shareholder reservation is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 23.84 % and 22.98 % of the post-offer paid-up equity share capital of the company, respectively. The face value of equity shares is Re. 1/- each. the offer price is 402 times the face value of the equity shares.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was incorporated as `Dr. Agarwal's Health Care Limited' at Chennai, Tamil Nadu as a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated April 19, 2010, issued by the Registrar of Companies, Tamil Nadu and Andaman and Nicobar Island at Chennai ("RoC") and commenced operations pursuant to a certificate for commencement of business dated May 29, 2010 issued by the RoC.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.
*Subject to approvals and market conditions.