Shanmuga Hospital Limited IPO
BSE SMEListed On: Feb 21, 2025 at ₹ 54.0
₹ 216000 /4000 Shares
*Min Investment
13 Feb, 2025
Open Date17 Feb, 2025
Close Date18 Feb, 2025
Allotment Date21 Feb, 2025
Listing DateShanmuga Hospital IPO Issue Details
- Issue Price ₹54 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 38,18,000 shares(aggregating up to ₹20.62 crore)
- Fresh Share 38,18,000 shares(aggregating up to ₹20.62 crore)
- Listing at BSE SME
- List Price 54.0
- Listing Date 2025-02-21
- Lead Manager Finshore Management Services Limited
- Registrar Integrated Registry Management Services Private Limited
Market Lot Size
Investors can bid for a minimum of 2000 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 | 2000 | ₹1,08,000 |
| Retail(max) | 1 | 2000 | ₹1,08,000 |
| NII (min) | 2 | 4,000 | ₹2,16,000 |
Shanmuga Hospital IPO Reservation
Shanmuga Hospital IPO offers total 38,18,001 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,18,13,000 (47.49%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 1,92,000 (5.03%) | |
| Retail Shares Offered | 18,13,000 (47.49%) | |
| Total Shares Offered | 38,18,001 (100%) |
Shanmuga Hospital IPO Details
Shanmuga Hospital Limited IPO is an SME IPO, priced at ₹54 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 38,18,000 equity shares, aggregating up to ₹20.62 crores..
The IPO bidding window is open from Feb 13, 2025 to Feb 17, 2025. The allotment is expected to be finalized on Feb 18, 2025, and the tentative listing date is Feb 21, 2025.
The minimum lot size for retail investors is 2000 shares, with a minimum investment of ₹1,08,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,16,000.
Finshore Management Services Limited is acting as the lead manager to the issue. The registrar of the IPO is Integrated Registry Management Services Private Limited, and Black Fox Financial Private Limited will act as the market maker for this issue.
Shanmuga Hospital IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 18,13,000 | 18,13,000 | 36,26,000 |
Day 1 13-02-25 06:00 PM | 0.19 x | 1.11 x | 0.65 x |
Day 2 14-02-25 06:00 PM | 0.24 x | 2.25 x | 1.24 x |
Day 3 17-02-25 06:00 PM | 0.71 x | 4.41 x | 2.56 x |
Shanmuga Hospital Valuations
Shanmuga Hospital Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 33.92 | 23.05 | 10.65 |
| Revenue | 43.39 | 39.5 | 41.47 |
| Profit After Tax | 5.26 | 4.76 | 6.72 |
| Net Worth | 17.13 | 11.82 | 7.06 |
| Reserves & Surplus | 7.34 | 11.74 | 6.98 |
| Total Borrowing | 9.02 | 7.65 | N/A |
About Shanmuga Hospital Company
Shanmuga Hospital Limited is a Multispecialty Hospital, incorporated in 2020.
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.
The hospital is situated at 51/24 Saradha College Road, Salem, Tamil Nadu. It occupies 45,311 square feet area spread across two blocks with three floors offering IPD and OPD facilities with a team of dedicated professionals.
On 31st August 2024, the total number of doctors in the hospital was 72, out of which 9 were Resident Doctors, 7 Junior Doctors, 28 Senior Consulting Doctors, and 28 Consulting Visiting Doctors.
Shanmuga Hospital - Promoter(s)
Dr. Panneerselvam Palaniappan Shanmugam
Dr. Prabu Sankar Panneerselvam
Dr. Priyadharshni Dhandapani
Mrs. Jayalakshmi Panneerselvam
Pre Issue Share Holding : 100%
Post Issue Share Holding : 71.95%
Shanmuga Hospital IPO - Issue Objectives
Funding Capital Expenditure towards Purchase of additional Medical Equipment
General Corporate Purposes
Shanmuga Hospital IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Shanmuga Hospital Limited | 5.37 | N/A | 17.49 | 10.05 | 30.71 | 3.18 | Standalone |
| Asarfi Hospital Ltd | 2.33 | N/A | 35.81 | 37.77 | 5.98 | 1.86 | Standalone |
| Family Care Hospitals Limited | 2.32 | N/A | 10.81 | 2.59 | 21.5 | 0.6 | Standalone |
| Aashka Hospitals Ltd | 1.01 | N/A | 41.2 | 98.37 | 2.45 | 1.88 | Standalone |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on www.nseindia.com on January 28, 2025, divided by the diluted EPS.
- Return on Net Worth (RoNW) is computed as net profit after tax divided by the closing net worth.
- Net worth has been computed as the sum of share capital and reserves and surplus.
- NAV is computed as the closing net worth divided by the number of Equity Shares outstanding on March 31, 2024.
Contact Details
Shanmuga Hospital
51/24, Saradha College Road, Salem, 636007
+91 427 2706674
Registrar Contact Details
Integrated Registry Management Services Private Limited
044 - 28140801 to 28140803
Shanmuga Hospital IPO - FAQs
Ans. Shanmuga Hospital Limited IPO is a SME IPO. The issue is priced at ₹54 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Feb 13, 2025, and closes on Feb 17, 2025. Integrated Registry Management Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Shanmuga Hospital Limited IPO opens on Feb 13, 2025 and closes on Feb 17, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Shanmuga Hospital Limited IPO is 38,18,000 shares(aggregating up to ₹20.62 Cr).
Ans. The Shanmuga Hospital Limited IPO price band is set between ₹54 per equity share.
Ans. To apply for Shanmuga Hospital Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Shanmuga Hospital Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Shanmuga Hospital Limited IPO is Feb 18, 2025.
Ans. The Shanmuga Hospital Limited IPO will be listed on Feb 21, 2025.
Ans. Follow the steps to check the Shanmuga Hospital Limited IPO allotment status online.
