Promoter Neena Tyagi has offloaded a 5.85% stake in Yatharth Hospital & Trauma Care Services through secondary market transactions, signaling partial profit‑taking after a sharp post‑IPO rally. The sale, executed via block deals to institutional investors, leaves promoter control intact but broadens the hospital chain’s public float.
Promoter group member Neena Tyagi has sold around 5.85% of Yatharth Hospital & Trauma Care Services’ equity, reducing her individual holding while keeping overall promoter ownership comfortably above majority thresholds. The stake sale was routed through bulk and block deals on the exchanges, with domestic and foreign institutional investors understood to be key buyers.
Yatharth, a fast‑growing multi‑specialty hospital operator in the Delhi‑NCR region with a recent acquisition-led expansion in Madhya Pradesh, has been on investor radar since its 2023 listing, delivering strong returns and drawing interest from marquee investors such as Kedia Securities. Partial promoter monetisation is being read as portfolio rebalancing rather than a change in strategic commitment.
Analysts note that a higher free float could improve liquidity in the counter and potentially pave the way for future institutional inclusion, while markets will watch upcoming quarterly results and margin trends to gauge whether earnings momentum justifies the stock’s premium valuations.
Key highlights
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Neena Tyagi sells 5.85% stake in Yatharth Hospital via open-market block/bulk deals.
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Promoter and promoter-group holding remains above 55–60%, ensuring continued management control.
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Buyers reported to include institutional investors, adding depth and diversity to the share register.
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Yatharth operates multi- and super‑specialty hospitals in Delhi‑NCR and Madhya Pradesh and is pursuing inorganic growth.
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Higher free float and liquidity could aid future index and fund inclusion, but valuation depends on sustaining growth and profitability.
Sources: NSE and BSE shareholding data; Moneycontrol and Groww stock pages; Yatharth Hospital IPO prospectus and RHP; Business Standard IPO profile; Economic Times