The short answer
Who owns Aster Quality Care, and how big is it?
Aster DM Quality Care Limited is listed on the NSE and BSE. After its merger with Quality Care India became effective on 1 July 2026, its promoter group held 53.72% at 13 July 2026, comprising BCP Asia II Topco IV Pte. Ltd. (29.71%), Union Investments Private Limited (21.44%), Union (Mauritius) Holdings Limited (2.29%) and individual promoters including Azad Moopen Mandayapurath (0.17%); the company said on 4 September 2026 that the Moopen family's stake had risen to about 24.58%. It reported 39 hospitals in 28 cities with 10,559 operational beds and 10,898 capacity beds as on 30 June 2026.
Ownership and business model
Aster DM Quality Care Limited, formerly Aster DM Healthcare Limited, was incorporated on 18 January 2008 and is listed on the NSE (ASTERDM) and BSE (540975). Its amalgamation with Quality Care India Limited, approved by shareholders on 10 March 2026 and the NCLT on 19 June 2026, took effect on 1 July 2026; the new name followed on 3 July 2026. From 1 July 2026 BCP Asia II Topco IV Pte. Ltd. has been categorised as a promoter; the company’s merger presentation cites the backing of Blackstone. The NSE shareholding pattern as on 13 July 2026 shows the promoter group at 53.72%, including BCP Asia II Topco IV at 29.71%. On 4 September 2026 the company said the Moopen family’s stake had risen to about 24.58% after buying shares from Centella Mauritius Holdings, which it described as TPG-backed.
The group combines the Aster, CARE Hospitals, KIMSHEALTH and Evercare brands. At 30 June 2026 it reported 39 hospitals in 28 cities across nine Indian states and Bangladesh, 321 labs and patient experience centres, and 205 pharmacies in India run by ARPPL under an Aster brand licence. Combined proforma Q1 FY27 revenue, which the company says is subject to audit, was Rs 2,597 crore. Aster DM Healthcare alone reported operating revenue of Rs 4,643 crore for FY2025-26, having disposed of its GCC business on 3 April 2024.
Its August 2026 presentation plans 4,179 more beds, taking capacity to 15,077, with 53% of the new beds in existing facilities.
Hospitals and businesses
Hospitals 4
- Aster Hospitals
- CARE Hospitals
- KIMSHEALTH
- Evercare (Bangladesh)
Diagnostics 1
- Aster Labs
Pharmacy 1
- Aster Pharmacy (operated by ARPPL under brand licence)
Digital 1
- Aster Digital Health
As listed by the organisation. See sources.
Key people
- Dr Azad MoopenExecutive Chairman
- Varun KhannaManaging Director and Group Chief Executive Officer
- Alisha MoopenExecutive Director
- Sunil Kumar MGroup Chief Financial Officer
- Hemish PurushottamCompany Secretary and Compliance Officer
- Prof Dr Somashekhar S PGroup Medical Director
- Ramesh KumarChief Executive Officer (India I)
- Dr Ratnadeep ChaskarChief Executive Officer (Bangladesh)
As listed on Aster Quality Care, Enterprise: Leadership.
Stock listing
- Status
- Publicly listed
- Exchange
- NSE; BSE
- Ticker
- ASTERDM; 540975
We do not republish share prices. See the current quote on the official page (opens in a new tab).
Where it operates
- Kerala
- 11 hospitals with 4,642 beds, excluding WIMS (30 June 2026)
- Karnataka
- 4 hospitals with 1,329 beds (30 June 2026)
- Andhra Pradesh
- 8 hospitals with 1,316 beds (30 June 2026)
- Telangana
- 6 hospitals with 1,240 beds (30 June 2026)
- Maharashtra
- 3 hospitals with 693 beds (30 June 2026)
- Chhattisgarh
- 1 hospital with 379 beds (30 June 2026)
- Odisha
- 1 hospital with 241 beds (30 June 2026)
- Madhya Pradesh
- 1 hospital with 222 beds (30 June 2026)
- Tamil Nadu
- 1 hospital with 216 beds (30 June 2026)
- Bangladesh
- 2 hospitals with 620 beds, in Dhaka and Chattogram (30 June 2026)
As the organisation reports it. See sources.
Key dates
- 1987The business began as a single-doctor clinic in Dubai, according to the company.
- 2001It began operations in India at MIMS Kozhikode.
- 2008The company was incorporated on 18 January as DM Healthcare Private Limited.
- 2018Shares were listed on the NSE and BSE.
- 2024The separation of the GCC business was completed on 3 April and a merger with Quality Care was announced.
- 2025The registered office moved from Bengaluru to Hyderabad with effect from 18 November.
- 2026The NCLT sanctioned the merger on 19 June, it took effect on 1 July and the company became Aster DM Quality Care Limited on 3 July.
Questions readers ask
Who owns Aster DM Quality Care?
It is listed on the NSE and BSE. At 13 July 2026 the promoter group held 53.72%, including BCP Asia II Topco IV Pte. Ltd. (29.71%), Union Investments Private Limited (21.44%) and Union (Mauritius) Holdings Limited (2.29%), according to the NSE shareholding filing. The company said on 4 September 2026 that the Moopen family's stake was about 24.58%.
How many hospitals does Aster DM Quality Care have?
39 hospitals across 28 cities as on 30 June 2026, including two in Bangladesh, with 10,559 operational beds and 10,898 capacity beds.
Who is the chief executive of Aster DM Quality Care?
Varun Khanna has been Managing Director and Group Chief Executive Officer since 1 July 2026; Dr Azad Moopen is Executive Chairman.
Sources
Figures are taken from the documents listed below and carry the date they refer to. Profile last checked 17 October 2026.
- Aster DM Healthcare, Press release on completion of the merger with Quality Care India Limited (2 July 2026)
- Aster DM Healthcare, Effective Date of the Scheme and change in promoter category (1 July 2026)
- Aster DM Quality Care, Change of name with RoC certificate dated 3 July 2026 (4 July 2026)
- NSE circular, Change in name of Aster DM Healthcare Limited (22 July 2026)
- Aster DM Quality Care, Q1 FY27 investor presentation (5 August 2026)
- Aster DM Quality Care, Integrated Annual Report FY2025-26 (September 2026)
- NSE, Aster DM Quality Care shareholding pattern as on 13 July 2026 (filed 23 July 2026)
- Aster DM Quality Care, Press release on Moopen family stake (4 September 2026)
The Register. Profiles are compiled by the desk from the organisation’s own pages and filings. A listing does not buy coverage.