Broach Lifecare Hospital IPO
Broach Lifecare Hospital is a BSE SME IPO listed on the BSE SME platform, priced at ₹25 per share. The stock debuted at ₹47.5, delivering a listing gain of 90.0%. The IPO had a lot size of ₹6000 shares and a minimum investment of ₹1,50,000.
Broach Lifecare Hospital Limited IPO
- IPO Dates
- Aug 13, 2024 – Aug 16, 2024
- Price band
- ₹25 per equity share
- Minimum Investment
- ₹1,50,000
- Issue size
- ₹4.02 Cr
- Lot size
- 6000
- Allotment Date
- Aug 19, 2024
- Listing
- Aug 21, 2024
- Listing At
- BSE SME
IPO timeline
-
Aug 13, 2024
Open Date
Completed
-
Aug 16, 2024
Close Date
Completed
-
Aug 19, 2024
Allotment Date
Completed
-
Aug 21, 2024
Listing Date
Completed
Broach Lifecare Hospital IPO Essentials
Broach Lifecare Hospital IPO Details
Broach Lifecare Hospital IPO is priced at ₹25 per share with a total issue size of 4.02 crore. The IPO has a lot size of 6000 shares and is listed on BSE SME.
- Issue price
- ₹25 per equity share
- Lot size
- 6000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,608,000 shares(aggregating up to ₹4.02 Cr)
- Total issue size
- 16,08,000 shares
(aggregating up to ₹4.02 crore) - Fresh issue
- 16,08,000 shares
(aggregating up to ₹4.02 crore) - Listing at
- BSE SME
- List price
- 47.5
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Fedex Securities Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 6000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 6000 | ₹1,50,000 |
| Retail(max) | 1 | 6000 | ₹1,50,000 |
Broach Lifecare Hospital IPO Documents
Broach Lifecare Hospital IPO Reservation
Broach Lifecare Hospital IPO reservation details show category-wise allocation of shares. Out of the total 16,08,000 shares, approximately 47.39% for retail investors, 5.22% for market maker, and 0% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 84,000 (5.22%) | |
| Retail Shares Offered | 7,62,000 (47.39%) | |
| Total Shares Offered | 16,08,000 (100%) |
Broach Lifecare Hospital IPO Analytics
Broach Lifecare Hospital IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Broach Lifecare Hospital IPO Subscription Status
Broach Lifecare Hospital IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 762,000 | 762,000 | 1,524,000 |
|
Day 1
13-08-24 06:00 PM
|
(1.55) x | 15.91 x | 8.73 x |
|
Day 2
14-08-24 06:00 PM
|
(6.96) x | 53.69 x | 30.33 x |
|
Day 3
16-08-24 06:00 PM
|
(88.61) x | 226.32 x | 159.16 x |
Broach Lifecare Hospital Valuations
Earnings
- EPS Pre IPO
- ₹1.56/-
- EPS Post IPO
- ₹1.15/-
- P/E Pre IPO
- 15.99
- P/E Post IPO
- 21.75
Returns
- ROE
- 12.75%
- ROCE
- 12.77%
- RoNW
- 12.75%
- PAT Margin
- 26.77
Fundamentals
- Price / Book
- 2.04
Broach Lifecare Hospital Financials( In Lakhs)
| 31-Mar-24 | |
|---|---|
| Assets | 571.62 |
| Revenue | 260.58 |
| Profit After Tax | 69.76 |
Broach Lifecare Hospital Company & Offer Insights
About Broach Lifecare Hospital
Incorporated in 2023, Broach Lifecare Hospital Limited operates boutique hospitals under the brand name Maple Hospitals. The company provides dedicated 24-hour services to patients with heart ailments, including non-invasive cardiology services such as 2D Echocardiography, Electrocardiography, Treadmill Test, Holter monitoring, Ambulatory Blood Pressure Measurement, Stress test, and Dobutamine Stress Echocardiography.
The Bharuch hospital has 25 ultra-luxury in-patient beds equipped with diagnostic instruments for conducting any tests. Its coronary care provides high-end support, along with life-saving machinery, such as an Intra-aortic Balloon Pump Machine, Biphasic Defibrillator, and ventilator.
The hospitals operated by the company are small primary-level healthcare setups. Besides, they are certified by the Atomic Energy Regulatory Board for the PACS System and have a fire safety certificate from local regulatory bodies to ensure safety of patients. They are also members of Globe Bio Care for biomedical waste disposal.
By August 2024, the hospitals of the company are affiliated with 4 PSU insurance companies, 15 private insurance companies, and 8 third-party administrators (TPAs).
As on March 31, 2024, the company has 19 employees on its payroll.
Broach Lifecare Hospital Promoter(s)
Dr. Jaykumar Narendra Vyas, Dr. Shachi Jaykumar Vyas, Mrs. Dhyuti Krupesh are the company's promoters of Broach Lifecare Hospital.
Broach Lifecare Hospital IPO Issue Objectives
- •
- Purchase of Machineries
- •
- Development of Medical Tourism Web Portal
- •
- General Corporate Purpose
Broach Lifecare Hospital IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Broach Lifecare Hospital Limited | 1.92 | 1.92 | 12.26 | 13.02 | 12.75 | 2.04 | Restated |
| Family Care Hospitals Ltd | 2.32 | 2.32 | 10.81 | 3.37 | 21.5 | 0.72 | Standalone |
| Kmc Speciality Hospitals (india) Ltd. | 1.86 | 1.86 | 44.26 | 8.8 | 21.16 | 1.86 | Standalone |
| Global Longlife Hospital And Research Ltd | -2.08 | -2.08 | 2.47 | -14.42 | -8.44 | 12.15 | Standalone |
Notes:
- Considering the nature and size of the company's business, the peers are not strictly comparable. However, the above company is included for broad comparison.
- The figures for Broach Lifecare Hospital Limited are based on the restated financial statements for the year ended March 31, 2024.
- The figures for the peer group are for the year ended March 31, 2024, and are based on their respective financial statements filed with BSE Ltd.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares. Net worth has been computed as the aggregate of share capital, reserves, and surplus (excluding Revaluation Reserves) and as attributable to the company's owners.
- P/E Ratio for the peer has been computed based on the closing market price of respective Equity Shares as of August 5, 2024, sourced from the website of the Stock Exchange as divided by the Basic/diluted EPS as applicable.
- RoNW is computed as net profit after tax (excluding comprehensive income), as attributable to the company's owners, divided by closing net worth. Net worth has been computed as the aggregate of share capital, reserves, and surplus (excluding Revaluation Reserves), as attributable to the company's owners.
Contact Information
Contact Details
Broach Lifecare Hospital
+91 94291 87226
501, 5th Floor, Corporate House, above Bharuch Orthopedic Hospital R K Casta, Bharuch-392001
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Broach Lifecare Hospital IPO is a Fixed Priced IPO worth ₹4.02 crore. The issue price is ₹25 per share (fixed price). The IPO opens on Aug 13, 2024 and closes on Aug 16, 2024. It will be listed on BSE SME Platform. Kfin Technologies Limited is the registrar.
The issue price of Broach Lifecare Hospital IPO is ₹25 per share (fixed price).
The lot size of Broach Lifecare Hospital IPO is 6000 shares.
The minimum investment for Broach Lifecare Hospital IPO is approximately ₹1,50,000 based on the issue price .
Broach Lifecare Hospital IPO opens on Aug 13, 2024 and closes on Aug 16, 2024.
The allotment date of Broach Lifecare Hospital IPO is Aug 19, 2024.
Broach Lifecare Hospital IPO is expected to be listed on Aug 21, 2024, on BSE SME Platform.
Broach Lifecare Hospital IPO valuation snapshot: P/E 21.75, EPS ₹1.15/-, P/B 2.04, RoNW 12.75%, and market cap N/A.
To apply for Broach Lifecare Hospital IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Broach Lifecare Hospital IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Broach Lifecare Hospital IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Broach Lifecare Hospital IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Broach Lifecare Hospital IPO allotment status on IPO Ji for quick and easy access.