Down Town Hospital unlisted share price

Price history

About

Down Town Hospital Limited is a private hospital company based in Dispur, Guwahati, Assam. It was incorporated in 1986 and runs its hospital from its registered office on G.S. Road. The company is led by Dr. N N Dutta, who is Chairman and Managing Director. The hospital earns its money from patient services and from a pharmacy. In FY23 (year ended 31 March 2023), gross turnover was ₹7,982.92 lakh, up from ₹6,643.87 lakh in FY22. Profit after tax was ₹536.79 lakh against ₹414.24 lakh a year earlier. The directors said margins stayed under pressure because of higher overhead expenses. The balance sheet is light on debt. The FY23 annual report shows no finance cost for the year, and the company did not hold public deposits. During the year the hospital bought equipment such as two dialysis machines, a neuro drill, a bronchoscope and a universal ventilator. These figures come from the standalone audited accounts, the only ones in the report. The company has 30,00,000 equity shares of ₹10 each. The promoters hold about 72 percent, led by Dr. N N Dutta. The Assam Industrial Development Corporation has a nominee on the board. The company declared a dividend of ₹1 per share for FY23. Down Town Hospital is not listed on any stock exchange, and we have not found an IPO filing for it. Unlisted shares of a company like this are dealt off-market between private parties. The price of ₹375 per share on our page is indicative, and the lot size is 100 shares. Trades can be slow because few buyers and sellers exist.