Aster DM Quality Care Limited
SBI Mutual Fund increased its stake in Aster DM Healthcare from 2.72% to 4.35%, acquiring an additional 14,188,511 shares through a rights issue. Aster DM Healthcare had an IPO in 2018 with a price band of ₹180-190 per share.
An integrated private healthcare provider operating across the Gulf Cooperation Council region and India, Aster DM Health delivers primary, secondary, tertiary, and quaternary care services through a network of hospitals and clinics. The company emphasizes clinical excellence and maintains a distinctive multi-spectrum healthcare presence, positioning itself among few global entities with comprehensive coverage across all care levels and patient demographics.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.