Fixed Price IPO | ₹21 Cr | Listed at BSE SME | Thu, Feb 13, 2025 - Mon, Feb 17, 2025
Shanmuga Hospital IPO is a fixed price issue of ₹20.62 crores. The issue is entirely a fresh issue of 0.38 crore shares of ₹20.62 crore.
Shanmuga Hospital IPO bidding started from Feb 13, 2025 and ended on Feb 17, 2025. The allotment for Shanmuga Hospital IPO was finalized on Feb 18, 2025. The shares got listed on BSE SME on Feb 21, 2025.
Shanmuga Hospital IPO price is ₹54 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,08,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,16,000.
Finshore Management Services Ltd. is the book running lead manager and Integrated Registry Management Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Black Fox Financial Pvt.Ltd..
Refer to Shanmuga Hospital IPO RHP for detailed Information.
IPO Open
Thu, Feb 13, 2025
IPO Close
Mon, Feb 17, 2025
Issue Price
₹54 per share
Market Cap (Pre-IPO)
₹73.51 Cr
| IPO Date | 13 to 17 Feb, 2025 |
| Listed on | Fri, Feb 21, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹54 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 38,18,000 shares (agg. up to ₹21 Cr) |
| Reserved for Market Maker | 1,92,000 shares Black Fox Financial Pvt.Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 36,26,000 shares (agg. up to ₹20 Cr) |
| Net Offered to Public | 36,26,000 shares (agg. up to ₹20 Cr) |
| Share Holding Pre Issue | 97,95,000 shares |
| Share Holding Post Issue | 1,36,13,000 shares |
| BSE Script Code | 544365 |
| ISIN | INE0TD301017 |
Shanmuga Hospital IPO comprises a total issue size of 38,18,000 shares. The net offer to the public is 36,26,000 shares, after excluding 1,92,000 shares allotted on a firm basis. Of the Net offer 18,12,000 (49.97%) allocated to NII 18,14,000 (50.03%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 18,12,000 | 49.97% | 47.46% |
| Retail Shares Offered | 18,14,000 | 50.03% | 47.51% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,92,000 | 5.03% | |
| Total Shares Offered | 38,18,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,08,000 |
| Retail (Max) | 1 | 2,000 | ₹1,08,000 |
| HNI (Min) | 2 | 4,000 | ₹2,16,000 |
Incorporated in 2020, Shanmuga Hospital Limited is a Multispecialty Hospital.
Shanmuga Hospital is equipped with advanced healthcare technology and having 151 bed capacity, it addresses the community’s medical needs, serving patients from nearby regions.
Accredited by NABH and NABL, the hospital is dedicated to providing high-quality healthcare services, including prevention, treatment, and rehabilitation.
Located at 51/24 Saradha College Road, Salem, Tamil Nadu, the hospital spans 45,311 square feet across two blocks and three floors, offering IPD and OPD services with a dedicated team.
Hospital Units:
Services: Oncology, General Surgery, Orthopaedics, Cardiology,General Medicine, Paediatrics & Neonatology, Neurology, Endocrinology & Diabetes Department, Plastic Surgery, Respiratory Medicine.
As on August 31, 2024, the hospital had 72 doctors, out of whom 9 doctors were Resident Doctors, 7 Junior Doctors, 28 Senior Consulting Doctors and 28 Consulting Visiting Doctors.
Competitive Strengths:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 36.53 | 33.92 | 23.05 | 10.65 |
| Total Income | 24.83 | 43.39 | 39.50 | 41.47 |
| Profit After Tax | 2.39 | 5.26 | 4.76 | 6.72 |
| NET Worth | 19.53 | 17.13 | 11.82 | 7.06 |
| Reserves and Surplus | 9.73 | 7.34 | 11.74 | 6.98 |
| Total Borrowing | 9.76 | 9.02 | 7.65 | |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards Purchase of additional Medical Equipment | 14.53 |
| 2 | General Corporate Expenses | 3.83 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 30.71% |
| ROCE | 35.89% |
| Debt/Equity | 0.53 |
| RoNW | 30.71% |
| PAT Margin | 12.13% |
| Price to Book Value | 3.09 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.37 | 4.75 |
| P/E (x) | 10.05 | 11.36 |
| Promoter Holding | 100% | 71.95% |
| Market Cap | ₹73.51 Cr. |
The Shanmuga Hospital IPO is subscribed 2.51 times on February 17, 2025 6:54:49 PM (Day 3). The public issue subscribed 4.41 times in the retail category, [.] times in the QIB category, and 0.6 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| NII* | 0.6 | 18,13,000 | 10,94,000 | 0 |
| Retail | 4.41 | 18,13,000 | 79,94,000 | 0 |
| Total | 2.51 | 36,26,001 | 90,88,000 | 6,563 |
Total Application : 6,563
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees, Underwriting Commission, including other Intermediaries Fees, Printing and Distribution of Issue Stationery | 0.85 |
| 2 | Regulators Including Stock Exchanges | 0.17 |
| 3 | Advertising, Selling and Marketing Expenses, Advisory | 1.24 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹54.00 |
| Open | ₹54.00 |
| Low | ₹51.30 |
| High | ₹54.00 |
| Last Trade | ₹51.30 |
Integrated Registry Management Services Pvt.Ltd.
Lead Manager Reports
Shanmuga Hospital IPO is a SME IPO of 38,18,000 equity shares of the face value of ₹10 aggregating up to ₹21 Crores. The issue is priced at ₹54 per share. The minimum order quantity is 2000.
The IPO opens on Thu, Feb 13, 2025, and closes on Mon, Feb 17, 2025.
Integrated Registry Management 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 Shanmuga Hospital IPO using UPI as a payment gateway. Zerodha customers can apply in Shanmuga Hospital IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shanmuga Hospital IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shanmuga Hospital IPO opens on Thu, Feb 13, 2025 and closes on Mon, Feb 17, 2025.
Shanmuga Hospital IPO lot size is 2000, and the minimum amount required for application is ₹1,08,000.
You can apply in Shanmuga 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 Shanmuga Hospital IPO will be done on Tuesday, February 18, 2025, and the allotted shares will be credited to your demat account by Wed, Feb 19, 2025. Check the Shanmuga Hospital IPO allotment status.
The Shanmuga Hospital IPO listing date is on Fri, Feb 21, 2025.
