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Chandan Healthcare IPO vs Shanmuga Hospital IPO

Comparison between Chandan Healthcare IPO and Shanmuga Hospital IPO.

IPO Details

Chandan Healthcare IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shanmuga Hospital IPO is a SME Fixed Price proposed to list at BSE SME.

 Chandan Healthcare IPOShanmuga Hospital IPO
LogoChandan Healthcare IPO LogoShanmuga Hospital IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersUnistone Capital Pvt.Ltd.Finshore Management Services Ltd.
RegistrarKfin Technologies Ltd.Integrated Registry Management Services Pvt.Ltd.
Market MakerR.K.Stock Holding Pvt.Ltd.Black Fox Financial Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Chandan Healthcare IPO is up to ₹101.88 Cr whereas the issue size of the Shanmuga Hospital IPO is up to ₹19.58 Cr. The final issue price of Chandan Healthcare IPO is ₹159.00 per share and of Shanmuga Hospital IPO is ₹54.00 per share.

 Chandan Healthcare IPOShanmuga Hospital IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹151.00 per share
Issue Price (Upper)₹159.00 per share
Issue Price (Final)₹159.00 per share₹54.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹15.00 per share₹0.00 per share
Market Lot Size800 shares2000 shares
Fresh Issue Size41,12,864 shares36,26,000 shares
Fresh Issue Size (Amount)up to ₹65.34 Crup to ₹19.58 Cr
OFS Issue Size22,99,936 shares0 shares
OFS Issue Size (Amount)up to ₹36.54 Crup to ₹0.00 Cr
Issue Size Total64,12,800 shares36,26,000 shares
Issue Size Total (Amount)up to ₹101.88 Crup to ₹19.58 Cr

IPO Timetable

Chandan Healthcare IPO opens on Feb 10, 2025, while Shanmuga Hospital IPO opens on Feb 13, 2025. The closing date of Chandan Healthcare IPO and Shanmuga Hospital IPO is Feb 12, 2025, and Feb 17, 2025, respectively.

 Chandan Healthcare IPOShanmuga Hospital IPO
Anchor Bid DateFeb 07, 2025
Issue OpenFeb 10, 2025Feb 13, 2025
Issue CloseFeb 12, 2025Feb 17, 2025
Basis Of Allotment (Tentative)Feb 13, 2025Feb 18, 2025
Initiation of Refunds (Tentative)Feb 14, 2025Feb 19, 2025
Credit of Share (Tentative)Feb 14, 2025Feb 19, 2025
Listing date (Tentative)Feb 17, 2025Feb 21, 2025
Anchor Lockin End date 1Mar 14, 2025
Anchor Lockin End date 2May 13, 2025

Financials & KPIs

Chandan Healthcare IPO P/E ratio is 19.44, as compared to Shanmuga Hospital IPO P/E ratio of 10.05.

 Chandan Healthcare IPOShanmuga Hospital IPO
Financials

Chandan Healthcare Limited Financial Information (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets170.06128.8697.8381.23
Total Income167.99177.96137.03119.92
Profit After Tax17.4216.363.59-1.09
Net Worth41.0927.323.93
Reserves and Surplus34.3121.167.374
Total Borrowing51.9242.0121.3616.58
Amount in ₹ Crore

Shanmuga Hospital Limited Financial Information (Restated Standalone)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets36.5333.9223.0510.65
Total Income24.8343.3939.541.47
Profit After Tax2.395.264.766.72
Net Worth19.5317.1311.827.06
Reserves and Surplus9.737.3411.746.98
Total Borrowing9.769.027.65
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)69.96100.00
Promoter Shareholding (Post-Issue)49.2071.95
P/E Ratio19.4410.05
Market Cap₹388.79 Cr.₹73.51 Cr.
ROE47.50%30.71%
ROCE35.20%35.89%
Debt/Equity1.020.53
EPS₹8.18₹5.37
RoNW39.54%30.71%

Shares Offered

In the Chandan Healthcare IPO Retail Individual Investors (RII) are offered 21,59,200 shares while in Shanmuga Hospital IPO retail investors are offered 21,59,200 shares. Qualified Institutional Buyers (QIB) are offered 12,33,600 shares in Chandan Healthcare IPO and 0 shares in Shanmuga Hospital IPO.

 Chandan Healthcare IPOShanmuga Hospital IPO
Anchor Investor Reserveration18,48,800 shares0 shares
Market Maker Reserveration3,39,200 shares1,92,000 shares
QIB12,33,600 shares0 shares
NII9,25,600 shares18,12,000 shares
RII21,59,200 shares18,14,000 shares
Employee2,45,600 shares0 shares
Others
Total64,12,800 shares36,26,000 shares

Bids Received (Subscription)

Chandan Healthcare IPO subscribed 7.04x in total, whereas Shanmuga Hospital IPO subscribed 2.51x.

 Chandan Healthcare IPOShanmuga Hospital IPO
QIB (times)7.58x
NII (times)18.85x0.60x
Big NII (times)
Small NII (times)
RII (times)2.44x4.41x
Employee (times)
Other (times)
Total (times)7.04x2.51x