API Holdings

IPO Size

`6250 Cr

Price Band

NA

Minimum Lot Size

NA

Face Value

`1 Per Share

Employee Discount

NA

Retail Allocation

NA

Issue Open Date

NA

Issue Close Date

NA

Listing Date

NA

About the Company:

The company API holding is India’s largest digital healthcare platform. The firm operates an integrated, end-to-end business that aims to provide solutions for the healthcare needs of consumers across the following critical stages, providing digital tools and information on illness and wellness, offering teleconsultation, offering diagnostics and radiology tests, and delivering treatment protocols including products and devices. The firm differentiates itself by its custom-built proprietary technology, unified data platforms, supply chain capabilities, and deep understanding of the dynamic interplay between the various sub-segments of India’s healthcare market.

 

Firms'  businesses have a presence across the country with last-mile capabilities to deliver in over 18,587 pin codes (for June 2021) via the PharmEasy marketplace, allowing us the ability to provide access affordable to the common man. The firm's platforms have scaled across urban, semi-urban, and rural India, with an ability to serve people across income groups and geographies.

Outstanding Litigation:

S.No. 1 - Company 2 - Directors 3 - Promoters
Entity Name By the Company Against the Company By the Director Against the Director By the Promoter Against the Promoter
Criminal cases 1 - - - - -
Material civil cases - 3 - 1 - -
Taxation matters - - - - - -
Regulatory Proceedings - - - 1 - -

Financial Statements:

Income Statement(in Milllions) Jue'2021 March'2021 March'202
Gross Operating Income 12,072.60 23,606.62 7,374.48
Cost of Employee & Inventory 1,658.39 2,702.94 1,371.90
Other Expenses 14,893.94 29,045.96 10,537.47
EBITDA -2,821.34 -5,439.34 -3,162.99
Finance Cost 205.8 434.31 118.86
Depreciation 170.43 329.01 187.71
Profit  Before Tax and Exceptional items -3,197.57 -6,202.66 -3,469.56
 Tax -58.66 210.7 -116.77
Profit After Tax -3,138.91 -6,413.36 -3,352.79

Promoter of the Company

Our company does not have an identifiable promoter

Peer Comparison

• No listed Peer

Objectives of the Issue

Offer for Sale

Nil

Fresh Issue

Net proceeds from the fresh issue worth Rs6,250 cr will be utilized for:- • Repayment or pre-payment, in full or in part, of all or certain borrowings availed by our Company • Funding organic growth initiatives • Pursuing inorganic growth through acquisitions and other strategic initiatives • General corporate purposes

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