{"id":124932,"date":"2021-09-29T09:31:23","date_gmt":"2021-09-29T13:31:23","guid":{"rendered":"https:\/\/44.250.171.167\/?p=124932"},"modified":"2022-10-04T06:35:29","modified_gmt":"2022-10-04T10:35:29","slug":"ipo-alert-healthium-medtech-files-draft-papers-as-it-looks-to-raise-funds","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ipo-alert-healthium-medtech-files-draft-papers-as-it-looks-to-raise-funds\/","title":{"rendered":"IPO Alert: Healthium Medtech files draft papers as it looks to raise funds"},"content":{"rendered":"\n<p>Healthcare is amongst the fastest-growing sectors in India, both in terms of revenue and employment. The Indian healthcare industry is expected to grow at a combined annual rate of about 14% in the next four years, reaching $96 billion by 2025.<\/p>\n\n\n\n<p>Around 63% of the hospitals in the country operate in the private sector. However, organized private corporate hospitals account for less than 10% of that.<\/p>\n\n\n\n<p>Healthium Medtech Ltd. recently filed draft papers with the Securities Exchange Board of India to raise funds via an initial public offering. The IPO comprises a fresh issue of equity shares worth \u20b93.9 billion and an offer for sale of up to 39.10 million shares by existing shareholders and promoters.<\/p>\n\n\n\n<p>Healthium intends to use around \u20b9500.90 million from the net proceeds towards repayment of certain borrowings availed by it. The company plans to invest \u20b9690.42million in Sironix by way of equity infusion. Further, \u20b9836.23 million will be invested in Sironix, which the latter will invest in Clinisupplies by way of equity infusion. The remaining amount would be used for general corporate purposes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Company Profile<\/strong><\/h2>\n\n\n\n<p>Healthium is a global medtech company focused on products used in surgical, post-surgical, and chronic care procedures. The company, which operates in India, the UK, and the rest of the world, has four focus areas namely, advanced surgery, urology, arthroscopy, and wound care.<\/p>\n\n\n\n<p>The Bengaluru-based firm has a comprehensive product platform, with over 52,000 SKUs addressing the varied needs of its customers and patients.<\/p>\n\n\n\n<p>Healthium has 21 patents in India and 11in the US. Further, it has 22 and six patent applications pending approval in India and the US, respectively, as of July 2021. The company has eight manufacturing facilities, of which seven are located in India and one in China.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Figures<\/strong><\/h2>\n\n\n\n<p>In FY2021, the company\u2019s total revenue from operations stood at \u20b97.13 billion against \u20b96.39 billion a year ago. Net profit came in at \u20b9854 million versus \u20b9368 million a year ago. EBITDA margin was 21.58%, compared with 14.95% last year.<\/p>\n\n\n\n<p>A substantial portion of Healthium\u2019s products is exported and sold in the international market. The destination countries may impose varying duties, tariffs, and other levies on the products, which would affect pricing and the company\u2019s ability to compete with rivals who coordinate delivery and supplies from strategically located manufacturing facilities in a cost-competitive manner. It will also result in higher operating costs and impact cash flows.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Healthcare is amongst the fastest-growing sectors in India, both in terms of revenue and employment. The Indian healthcare industry is expected to grow at a combined annual rate of about 14% in the next four years, reaching $96 billion by 2025. Around 63% of the hospitals in the country operate in the private sector. However, [&hellip;]<\/p>\n","protected":false},"author":83,"featured_media":124093,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5747,5748,12,10444],"tags":[8248,9191,8186,9143],"class_list":["post-124932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-healthcare-stocks","category-ipo","category-other-industries","category-others","tag-ipo","tag-medical-distribution","tag-medical-equipments","tag-medical-instruments-supplies"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":125040,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-medanta-hospital-chain-files-papers-for-public-listing\/","url_meta":{"origin":124932,"position":0},"title":"IPO Alert: Medanta hospital chain files papers for public listing","author":"Nishadkishore","date":"October 19, 2021","format":false,"excerpt":"The hospital industry in India is forecasted to grow to \u20b98.6 trillion by 2022 from \u20b94 trillion in 2017, at a CAGR of 16\u201317%. The Indian healthcare delivery market is expected to reach approximately \u20b95 trillion in value by the end of fiscal 2022. The in-patient department is estimated to\u2026","rel":"","context":"In &quot;Health Care&quot;","block_context":{"text":"Health Care","link":"https:\/\/alphastreet.com\/india\/category\/healthcare-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":124757,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-tarsons-products-files-ipo-papers-to-raise-funds\/","url_meta":{"origin":124932,"position":1},"title":"IPO Alert: Tarsons Products files IPO papers to raise funds","author":"Nishadkishore","date":"August 24, 2021","format":false,"excerpt":"The Indian healthcare market witnessed a growth of 9.1% in 2020 to reach $198 billion. It is expected to register a growth of around 23% through 2025 and reach $557 billion. On the other hand, medicine spending in India is projected to grow 9-12% over the next five years, giving\u2026","rel":"","context":"In &quot;IPO&quot;","block_context":{"text":"IPO","link":"https:\/\/alphastreet.com\/india\/category\/ipo\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":124919,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-esds-software-solution-files-draft-papers-to-raise-funds\/","url_meta":{"origin":124932,"position":2},"title":"IPO Alert: ESDS Software Solution files draft papers to raise funds","author":"Nishadkishore","date":"September 21, 2021","format":false,"excerpt":"The information technology sector has been contributing significantly to India\u2019s GDP for a while now. At end of fiscal 2021, the country\u2019s IT industry was valued at $45 billion. It is estimated that as of December 2020, there were 4.36 million IT workers in India. It is expected that IT\u2026","rel":"","context":"In &quot;IPO&quot;","block_context":{"text":"IPO","link":"https:\/\/alphastreet.com\/india\/category\/ipo\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":127009,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-rainbow-childrens-medicare-limited-files-for-initial-public-offering\/","url_meta":{"origin":124932,"position":3},"title":"IPO Alert: Rainbow Children\u2019s Medicare Limited files for initial public offering","author":"Nishad","date":"February 3, 2022","format":false,"excerpt":"The estimated size of the hospital market in India was \u20b94,270 billion in the fiscal year 2020, representing an annual growth of 13% since 2016. The country\u2019s maternity care market has seen a growth of 8% between the financial years 2016 and 2020. It is expected to grow by 7-8%\u2026","rel":"","context":"In &quot;Health Care&quot;","block_context":{"text":"Health Care","link":"https:\/\/alphastreet.com\/india\/category\/healthcare-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":126205,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-hexagon-nutrition-files-papers-to-raise-funds-through-ipo\/","url_meta":{"origin":124932,"position":4},"title":"IPO Alert: Hexagon Nutrition files papers to raise funds through IPO","author":"Nishad","date":"January 5, 2022","format":false,"excerpt":"The clinical nutrition sector, often referred to as the health and wellness sector, has a huge market in India. It comprises medical nutrition, enteral supplements, infant & child nutrition, functional foods and beverages. The medical nutrition market in the country was valued at $404.1 million in 2021, and is expected\u2026","rel":"","context":"In &quot;Consumer&quot;","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":124949,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-godavari-biorefineries-files-papers-with-sebi-for-a-public-issue\/","url_meta":{"origin":124932,"position":5},"title":"IPO Alert: Godavari Biorefineries files papers with SEBI for a public issue","author":"Nishadkishore","date":"October 5, 2021","format":false,"excerpt":"The government\u2019s Make-in-India project has shifted a considerable focus to export activities. As part of the efforts to reduce dependency on imported crude oil and channelize excess sugar inventories into ethanol production, the authorities are promoting ethanol capacity expansion in the country. The Indian ethanol market is estimated to grow\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/alphastreet.com\/india\/category\/energy-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/124932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=124932"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/124932\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/124093"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=124932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=124932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=124932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}