Hannah Joseph Hospital IPO Details

Bookbuilding IPO | ₹42 Cr | Listed at BSE SME

Hannah Joseph Hospital IPO Logo

Hannah Joseph Hospital IPO is a book build issue of ₹42.00 crores. The issue is entirely a fresh issue of 0.60 crore shares of ₹42.00 crore.

Hannah Joseph Hospital IPO bidding started from Jan 22, 2026 and ended on Jan 28, 2026. The allotment for Hannah Joseph Hospital IPO was finalized on Jan 29, 2026. Hannah Joseph Hospital IPO will list on BSE SME with a tentative listing date fixed as Feb 1, 2026.

Hannah Joseph Hospital IPO price band is set at ₹70 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹2,80,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹4,20,000.

Capital Square Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is CapitalSquare Financial Services Private Limited.

Refer to Hannah Joseph Hospital IPO RHP for detailed Information.

IPO Open

Thu, Jan 22, 2026

IPO Close

Wed, Jan 28, 2026

Issue Price

₹70 per share

Market Cap (Pre-IPO)

₹158.89 Cr

IPO Details

IPO Date22 to 28 Jan, 2026
Listed onMon, Feb 2, 2026
Face Value10 per share
Price Band₹67 to ₹70
Issue Price₹70 per share
Lot Size2,000 Shares
Sale TypeFresh Capital
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size60,00,000 shares
(agg. up to ₹42 Cr)
Reserved for Market Maker
3,00,000 shares
(agg. up to ₹2 Cr)
CapitalSquare Financial Services Private Limited
Net Offered to Public57,00,000 shares
(agg. up to ₹40 Cr)
Share Holding Pre Issue1,66,98,363 shares
Share Holding Post Issue2,26,98,363 shares
BSE Script Code 544687
ISININE0JVH01012

IPO Timetable

IPO Reservation

Hannah Joseph Hospital IPO offers total 60,00,000 shares. Out of which 28,46,000 (47.43%) allocated to QIB, 11,40,000 (19.00%) allocated to QIB (Ex- Anchor), 8,58,000 (14.30%) allocated to NII 19,96,000 (33.27%) allocated to RII and 17,06,000 (28.43%) allocated to Anchor investors.

Investor Category Shares Offered
Market Maker Shares Offered 3,00,000 (5.00%)
QIB Shares Offered 28,46,000 (47.43%)
  − Anchor Investor Shares Offered 17,06,000 (28.43%)
  − QIB (Ex. Anchor) Shares Offered 11,40,000 (19.00%)
NII (HNI) Shares Offered 8,58,000 (14.30%)
  − bNII > ₹10L 5,72,000 (9.53%)
  − sNII < ₹10L 2,86,000 (4.77%)
Retail Shares Offered 19,96,000 (33.27%)
Total Shares Offered60,00,000 (100.00%)

IPO Lot Size

Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof. 

Application Lots Shares Amount
Individual investors (Retail) (Min) 2 4,000 ₹2,80,000
Individual investors (Retail) (Max) 2 4,000 ₹2,80,000
S-HNI (Min) 3 6,000 ₹4,20,000
S-HNI (Max) 7 14,000 ₹9,80,000
B-HNI (Min) 8 16,000 ₹11,20,000
IPO Subscription Details

IPO Anchor Investors

Hannah Joseph Hospital IPO raises ₹11.94 crore from anchor investors. Hannah Joseph Hospital IPO Anchor bid date is January 21, 2026.
📝 Anchor Investors Letter (PDF)

Bid DateWed, Jan 21, 2026
Shares Offered17,06,000
Anchor Portion (₹ Cr.)11.94
Anchor lock-in period end date for 50% shares (30 Days)Fri, Feb 27, 2026
Anchor lock-in period end date for remaining shares (90 Days)Tue, Apr 28, 2026

About Hannah Joseph Hospital Ltd.

Incorporated in 2011, Hannah Joseph Hospital Limited is a healthcare provider offering exceptional medical services across various specialties.

The company is a multi-specialty healthcare provider in Madurai, situated on a 2-acre campus with a central air-conditioning and water heating system, offering a combined capacity of 150 beds.

The company focuses on Neurology, Cardiology, Psychiatry, and Trauma healthcare, understanding global nuances, customer culture, and medical professionals' needs, addressing the demand for quality and affordable healthcare services.

Services:

  • Department of Neurosciences: Neurology, Neurosurgery
  • Department of Cardio Sciences: Cardiology
  • Department of Trauma Care: Orthopaedics, Oral & Maxillofacial Surgery
  • Department of Psychiatry: Psychiatry

As of November 30, 2025, the company has 364 employees.

Competitive Strengths:

  • Excellence in Neurosciences
  • Advanced Cardiac Sciences
  • Expertise in Orthopaedics and Traumatology
  • Robust Emergency and Critical Care
  • Commitment to Patient-Cantered Care
  • Community Engagement and Outreach

Company Financials (Restated)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets104.5899.2989.9792.14
Total Income42.7577.9063.6354.90
Profit After Tax5.127.214.071.01
EBITDA11.6520.5217.9816.38
NET Worth53.2248.9343.9334.15
Reserves and Surplus40.3635.2429.0218.20
Total Borrowing31.6433.5831.3942.95
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding of capital expenditure for establishing Radiation Oncology Centre 34.98
2 General Corporate Purpose 0.32

Key Performance Indicator (KPI)

KPISep 30, 2025Mar 31, 2025
ROE9.39%14.77%
ROCE10.41%17.03%
Debt/Equity0.550.65
RoNW9.62%14.74%
PAT Margin12.03%9.30%
EBITDA Margin27.38%26.47%
Price to Book Value2.202.39
Pre IPOPost IPO
EPS Rs4.324.51
P/E (x)16.2115.52
Promoter Holding93.57%68.83%
Market Cap158.89 Cr.
Mosesjoseph Arunkumar, Fenn Kavitha Fenn Arunkumar, Arunkumar Nalina and Noyel Arunkumar are the promoters of the company.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2025 available in RHP.

IPO Review

[Dilip Davda]
HJHL is operating neurology related specialized chain of hospitals. It posted growth in its top and bottom lines for the reported periods. The company is planning Radiation Oncology Center with the IPO funding. Based on its recent financial data, the issue appears fully priced. Well-informed/cash surplus investors may park moderate funds for long term.
Read detail review...

Hannah Joseph Hospital IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0000
Members0000

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Book Running Lead Manger Fee 0.67
2 Underwriting Commission 2.48
3 Brokerage, selling commission and upload fees 2.54
4 Fees Payable to Registrar to the Issue 0.01
5 Fees Payable for Advertising and Publishing Expenses 0.21
6 Fees Payable to Regulators including Stock Exchanges 0.12
7 Payment for Printing & Stationery, Postage, etc 0.02
8 Fees Payable to Statutory Auditor, Legal Advisors and other Professionals 0.14
9 Others (market making, marketing fees, secretarial, peer review etc.) 0.53

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price70.00
Open65.00
Low61.75
High68.25
Last Trade68.25

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Hannah Joseph Hospital Ltd. Address
134,
Lake View Road
K.K. Nagar,
Madurai, Tamil Nadu, 625020
Open an Instant Account with Zerodha

IPO FAQs

Hannah Joseph Hospital IPO is a SME IPO of 60,00,000 equity shares of the face value of ₹10 aggregating up to ₹42 Crores. The issue is priced at ₹70 per share. The minimum order quantity is 2000.

The IPO opens on Thu, Jan 22, 2026, and closes on Wed, Jan 28, 2026.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Hannah Joseph Hospital IPO using UPI as a payment gateway. Zerodha customers can apply in Hannah Joseph Hospital IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Hannah Joseph Hospital IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Hannah Joseph Hospital IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Hannah Joseph Hospital IPO opens on Thu, Jan 22, 2026 and closes on Wed, Jan 28, 2026.

Hannah Joseph Hospital IPO lot size is 2000, and the minimum amount required for application is ₹2,80,000, with 2 lots being the minimum application size.

You can apply in Hannah Joseph Hospital IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Hannah Joseph Hospital IPO will be done on Thursday, January 29, 2026, and the allotted shares will be credited to your demat account by Fri, Jan 30, 2026. Check the Hannah Joseph Hospital IPO allotment status.

The Hannah Joseph Hospital IPO listing date is on Sun, Feb 1, 2026.

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