Yatharth Hospital IPO opens for subscription. Should you bid?

“On FY23 financials, the IPO is valued at 39.2x P/E, 20.9x EV/EBITDA and 5.4x EV/sales,” Reliance Securities said while assigning a ‘subscribe’ rating. Yatharth Hospital & Trauma Care Services is a private hospital which provides healthcare services and is based in the northern region of India.

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