Unihealth Consultancy IPO

Unihealth Consultancy

₹1,26,000 /1000 sharesMinimum Investment

Unihealth Consultancy IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹132.00₹135.00₹3.00 (2.27%)

Unihealth Consultancy IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
8 Sep ‘23 - 12 Sep ‘23₹1,26,0001,000₹126 - ₹132
Issue SizeIPO Doc
56.55Cr
RHP PDF

About Unihealth Consultancy

Incorporated in 2010, Unihealth Consultancy is a healthcare service provider headquartered in Mumbai, with a strong presence in various African countries. Their diverse business segments include medical centers, hospitals, consultancy services, the distribution of pharmaceutical and medical consumable products, and medical value travel. They export and distribute pharmaceutical and medical consumables in Uganda, Tanzania, and Nigeria, acting as distributors for multiple Indian pharmaceutical and consumable manufacturing companies. The company's core product offerings include laboratory consumables, surgical sutures, dialysis consumables, general medical consumables, and intensive care medicines. Unihealth Pharmaceuticals Private Limited, a subsidiary of Unihealth Consultancy Limited, specializes in procuring and exporting pharmaceutical and medical consumable products. Their primary clientele includes Victoria Hospital Limited (a joint venture of Unihealth Consultancy Limited) in Uganda, UMC Global Health Limited (another joint venture of Unihealth Consultancy Limited) in Nigeria, and Biohealth Limited (a subsidiary of Unihealth Consultancy Limited) in Tanzania.;
Parent Organisation
Unihealth Consultancy
Founded
2010
Managing Director
Dr. Akshay Parmar

Strengths & Risks

  • Unihealth Consultancy has established a strong presence in various regions across the African continent. In addition to India, the company also operates in Uganda, Nigeria, Tanzania, Kenya, Zimbabwe, Angola, Ethiopia, Mozambique, and DR Congo.
  • The company has successfully expanded its operations across different sectors, providing employment opportunities for over 500 full-time staff members in their hospitals and medical centers.
  • UMC Victoria Hospital, their flagship facility in Uganda, is the largest private-sector hospital in the country. Meanwhile, UMC Zhahir Hospital, located in Nigeria, holds the distinction of being the largest private-sector hospital in the Northern Nigerian region.
  • The company manages a total of 200 operational hospital beds, spread across two multi-specialty facilities. The UMC Victoria Hospital in Kampala, Uganda, boasts 120 beds, while the UMC Zhahir Hospital in Kano, Nigeria, offers 80 beds. Additionally, they oversee the 'Unihealth Medical Centre,' a specialized dialysis facility located in Mwanza, Tanzania.
  • Currently, the company is actively engaged in providing Project Management Consultancy Services for the establishment of a Health City with over 300 beds in Undri, Pune, Maharashtra, India. This project is in collaboration with the PHRC Lifespaces Organization. They are also involved in various healthcare consultancy projects in Kenya and Angola.
  • Unihealth Consultancy conducts a significant part of its hospital business operations through joint ventures and subsidiaries, which contribute a substantial portion of its revenue and cash flow. If these entities fail to meet their obligations, it could negatively impact the company's business and financial performance.
  • The company relies on third-party suppliers for its medical consumable products.
  • The company is currently involved in certain legal proceedings that, if resolved unfavorably, could affect its business and financial situation.
  • As of March 31, 2023, the company had a contingent liability of Rs. 889.56 lakhs, which, if realized, could impact its financial condition.
  • Competition from other hospitals and healthcare providers in Uganda and Nigeria poses a risk to the company's revenues, profitability, and market share in those regions.
  • The company is exposed to fluctuations in foreign exchange rates.
  • The company has availed unsecured loans, with a total outstanding amount of Rs. 2,205.62 lakhs as of March 31, 2023.
  • The company's long-term borrowings, as of March 31, 2023, amounted to Rs. 3,569.54 lakhs, and short-term borrowings were Rs. 357.13 lakhs.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular126 - 132₹2 Lakh
High Networth Individual126 - 132₹2 - 5 Lakh
For Unihealth Consultancy IPO, eligible investors can apply as Regular.
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