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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 ₹54.00 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 investment for 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 Date | February 13, 2025 to February 17, 2025 |
| Listing Date | February 21, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹54 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 38,18,000 shares (aggregating up to ₹20.62 Cr) |
| Reserved for Market Maker | 1,92,000 shares Black Fox Financial Pvt.Ltd. (aggregating up to ₹1.04 Cr) |
| Net Offered to Public | 36,26,000 shares (aggregating up to ₹19.58 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 97,95,000 shares |
| Share Holding Post Issue | 1,36,13,000 shares |
Shanmuga Hospital IPO offers total 38,18,000 shares. Out of which 18,12,000 (47.46%) allocated to NII, 18,14,000 (47.51%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,92,000 (5.03%) |
| NII (HNI) Shares Offered | 18,12,000 (47.46%) |
| Retail Shares Offered | 18,14,000 (47.51%) |
| Total Shares Offered | 38,18,000 (100.00%) |
Shanmuga Hospital IPO opens on February 13, 2025, and closes on February 17, 2025.
| IPO Open Date | Thu, Feb 13, 2025 |
| IPO Close Date | Mon, Feb 17, 2025 |
| Tentative Allotment | Tue, Feb 18, 2025 |
| Initiation of Refunds | Wed, Feb 19, 2025 |
| Credit of Shares to Demat | Wed, Feb 19, 2025 |
| Tentative Listing Date | Fri, Feb 21, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Feb 17, 2025 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 | 39.5 | 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 market capitalization of Shanmuga Hospital IPO is ₹73.51 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| 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 Rs | 5.37 | 4.75 |
| P/E (x) | 10.05 | 11.36 |
The Objects of the Issue are:
[Dilip Davda] SHL is a 151 bed local treatment multi-specialty hospital operating in Salem. It posted inconsistency in its top and bottom lines for the reported periods. Based on recent financial performance, the issue appears fully priced. It is operating in a highly fragmented and competitive segment. Well-informed/cash surplus investors may park moderate fund for medium to long term. Read detail review...
| Listing Date | February 21, 2025 |
| BSE Script Code | 544365 |
| NSE Symbol | |
| ISIN | INE0TD301017 |
| Final Issue Price | ₹54 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹54.00 |
| Open | ₹54.00 |
| Low | ₹51.30 |
| High | ₹54.00 |
| Last Trade | ₹51.30 |
Shanmuga Hospital Ltd.
51/24,
Saradha College Road,
Salem, Tamil Nadu, 636007
Phone: +91 427 2706674
Email: cs@smrft.org
Website: http://www.shanmugahospital.com/
Integrated Registry Management Services Pvt.Ltd.
Phone: 044 - 28140801 to 28140803
Email: smeipo@integratedindia.in
Website: https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1
Shanmuga Hospital IPO is a SME IPO of 38,18,000 equity shares of the face value of ₹10 aggregating up to ₹20.62 Crores. The issue is priced at ₹54 per share. The minimum order quantity is 2000.
The IPO opens on February 13, 2025, and closes on February 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 February 13, 2025 and closes on February 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 Wednesday, February 19, 2025. Check the Shanmuga Hospital IPO allotment status.
The Shanmuga Hospital IPO listing date is on Friday, February 21, 2025.
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