The IPO List
HomeListingsBlogsAboutJoin WhatsApp CommunityWhatsApp(Opens in a new tab)

The IPO List

Your trusted platform for IPO tracking and investment insights.

Quick Links

IPOsBlogsAboutContact

Legal

Privacy PolicyTerms of ServiceDisclaimer

© 2025 The IPO List. All rights reserved.

  1. Home/
  2. IPO Calendar/
  3. Dr. Agarwal's Health Care IPO
Dr. Agarwal's Health Care logo

Dr. Agarwal's Health Care

Listed
Listed

IPO Timeline

Issue open date

29 Jan 2025

Issue close date

31 Jan 2025

UPI mandate deadline

31 Jan 2025

Allotment finalization

3 Feb 2025

Refund initiation

4 Feb 2025

Share credit

4 Feb 2025

Listing date

5 Feb 2025

Mandate end date

13 Feb 2025

Lock-in end date for anchor investors (50%)

5 Mar 2025

Lock-in end date for anchor investors (remaining)

4 May 2025

Key Dates

Open
29 Jan 2025
Close
31 Jan 2025
Listing
4 Feb 2025

Quick Stats

Issue Size:3027cr
Lot Size:35 shares

About the Company

Dr. Agarwal’s Health Care is a leading provider of comprehensive eye care services, offering cataract, refractive, and other surgeries, consultations, diagnoses, and non-surgical treatments, along with opticals, contact lenses, and eye care-related pharmaceutical products. With a 25% market share in India’s eye care service chain market (FY24) and the largest network of 209 facilities as of September 30, 2024, their “hub and spoke” model ensures deeper reach and accessibility. Serving 2.13 million patients and performing over 220,000 surgeries in FY24, Dr. Agarwal’s healthcare caters to diverse needs through Primary, Secondary, and Tertiary Facilities, including three Centers of Excellence. Led by Dr Amar Agarwal and supported by institutional investors like Temasek and TPG, Dr Agarwal’s Health Care operates across 14 states in India and nine countries in Africa.

Strengths

  • Largest network of 209 eye care centers in India.
  • Strong leadership and operational history.
  • Comprehensive services and product offerings.
  • Significant market share and growth potential.

Risks

  • Dependency on regulatory approvals.
  • Intense market competition.
  • Financial and debt-related risks.
  • Potential legal challenges.

Dr. Agarwal's Health Care IPO – Frequently Asked Questions

  • The price band for the Dr. Agarwal's Health Care IPO is set at ₹382 to ₹402 per share.
  • The Dr. Agarwal's Health Care IPO opens on January 29, 2025 and closes on January 31, 2025.
  • The tentative listing date for the Dr. Agarwal's Health Care IPO is February 4, 2025.
  • You can apply for the Dr. Agarwal's Health Care IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Dr. Agarwal's Health Care, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Dr. Agarwal's Health Care IPO is 35 shares. Investors must apply for at least one lot (i.e., 35 shares).