Family Care Hospitals Rights

 

On the schedule for the upcoming

• Medical imaging is an important part of the work that Family Care Hospitals does, thus the company offers scanning solutions to the dental and ear, nose, and throat (ENT) community. The company’s skilled maxillofacial radiologists interpret and report on all 3D and 2D pictures.
• Located in both Mira Road, Maharashtra, and Mahim, Mumbai, the company’s facilities treat patients in a wide variety of medical specialties, including General and Plastic Surgery, as well as Cardiology, Proctology, Urology, Orthopedics, Audiology & Neurology.
• More than 1,500 procedures were performed by more than 100 surgeons at the company’s facilities. Additionally, more than 3,000 tests were performed, and the hospitals helped more than 5,000 people by curing more than 300 ailments. As of the 31st of March, 2021, more than 123 beds were available. Both facilities have been designated as Covid hospitals, and the majority of the organization’s available beds will be used to treat COVID patients when the second wave peaks in May of 2021.
• In FY 2022, the firm projects an increase of 123 beds. It also hopes to increase direct business by focusing on regaining foreign clients and re-engaging with major corporate clients while simultaneously strengthening its community connection in local communities through efficient use of digital marketing.

Family Care Hospitals’ services are currently offered in the following areas:

1. Hospitals,
2. pharmacies,
3. imaging centers, and
4. New Generation Healthcare & Support Services

The company’s main goal is to work in the Mumbai Metropolitan Region and build a name for its services that people can trust (MMR).

The entity also provides healthcare services in the Mumbai Metropolitan Region through a mobile app called “Family Care,” a website, and tele-based communication channels.

1. Tele/ Video Consultations
2. E-Pharmacy
3. E-Pathology
4. Home care (nursing support and doctor visits)

Details of the Rights Issue

Family Care Hospitals Rights Issue 2022 Detail

Issue Open
Security Name	Family Care Hospitals Limited
Issue Size (Shares)	40,767,000
Issue Size (Amount)	₹48.92 Crores
Issue Price	₹12 per share
Face Value	₹10 per share
Listing At	BSE
Terms of Payment
Entitlement	127 Equity Shares for every 100 Equity Shares held on the record date

The issue’s goals:

The company plans to use the net proceeds from the issue for the following things:

Costs for business growth, sales, branding, and marketing;
To meet the need for working capital;
General Goals of a Business

 

Family Care Financial Performance

	FY 2020	FY 2021	FY 2022
Revenue	13.25	35.36	42.07
Expenses	11.95	28.31	33.88
Net income	0.03	4.07	5.20
Margin (%)	0.23	11.51	12.36