Yatharth Hospital & Trauma Care Services, a prominent healthcare provider in the Delhi NCR region, has marked its second acquisition of the year, further solidifying its position in North India’s healthcare landscape. Following its acquisition of Asian Fidelis Hospital in Faridabad earlier this year, Yatharth Hospital has now emerged as the successful bidder for a renowned super-specialty hospital in Model Town, New Delhi.
The acquisition was made under the SARFAESI Act of 2002 through an e-auction process, and it involves a well-established facility offering an extensive range of super-specialty services with an expandable capacity of over 300 beds. This new addition strategically strengthens Yatharth’s foothold in the Delhi market, which is expected to enhance its reach and service capabilities across Northern India. Yatharth Tyagi, Whole-Time Director of Yatharth Hospitals, highlighted that the acquisition aligns with the company’s focus on growth through both organic and inorganic expansions, reinforcing its commitment to delivering top-quality healthcare services in the region.
The newly acquired hospital will enable Yatharth to cater to a diverse and extensive residential and institutional client base, positioning the group as a leading super-specialty hospital chain in Northern India. While the hospital’s name has not been officially disclosed, sources indicate that it is likely MD City Hospital in North Delhi, with an estimated deal value of ₹160 crore.
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Yatharth’s acquisition journey began with the purchase of Asian Fidelis Hospital, a 175-bed facility in Faridabad, for ₹116 crore in February 2024. Established in 2008, Yatharth Hospital has since expanded significantly from its initial 250-bed hospital in Noida, reaching a capacity of approximately 1,605 beds as of June 2024. Currently, Yatharth operates five hospitals across Uttar Pradesh, Madhya Pradesh, and Haryana, with additional brownfield expansions underway at its Noida Extension and Greater Noida facilities to add 200 and 250 beds, respectively.
In response to this acquisition, Yatharth Hospital’s stock surged by 4.4% to ₹684.40 on the Bombay Stock Exchange (BSE), propelling its market capitalisation to ₹5,860 crore.
Yatharth Hospital’s strategic acquisitions and expansions underscore its mission to become a dominant player in India’s private healthcare sector, particularly in North India, and to meet the region’s growing demand for high-quality healthcare services.
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