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2.43x
subscribed
Shanmuga Hospital IPO
Hospital & Healthcare Services
listed
2.43x
subscribed
₹1.08LMin. investment
About Shanmuga Hospital Limited
Issue size
₹20Cr
IPO type
SME
Market Cap
₹73.51CrLower than sector avg
Price range
₹54.00 – ₹54.00
Listing Exchange
BSERevenue
Apr 2023 - Mar 2024₹43.03CrLower than sector avg
Lot size
2000 shares
Red Herring Prospectus
Read
Growth rate
3Y CAGR1.32%
SectorHospital & Healthcare Services
Price range₹54.00 – ₹54.00
IPO type
SME
Lot size2000 shares
Issue size₹20Cr
Red Herring Prospectus
Read
Market Cap
₹73.51CrLower than sector avg
Revenue
Apr 2023 - Mar 2024₹43.03CrLower than sector avg
Growth rate
3Y CAGR1.32%
Checklist
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Objectives
Capital expenditure
70.45%
General corporate purposes
18.59%
About Shanmuga Hospital IPO
Shanmuga Hospital Limited, established in 2020 in Salem, is a multispecialty facility with 151 beds. Accredited by NABH and NABL, it offers high-quality healthcare across various fields, including oncology, cardiac care, ICU, and emergency services, supported by advanced diagnostic technologies. The hospital is known for affordable, exceptional care and skilled professionals. It partners with insurance providers and organizations like ESIC and ECHS, ensuring accessible healthcare. Shanmuga is dedicated to patient safety, continuous improvement, and high standards in healthcare.
IPO Subscription Status
Latest News on IPO
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Shanmuga Hospital IPO allotment: The company launched its IPO on the BSE SME platform on February 13 to raise ₹20.62 crore from the primary market. The company has proposed to list its shares on the BSE SME platform on Thursday, February 20.
4 min read
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With the stock hitting the 5% lower circuit Shanmuga Hospital IPO investors would have faced a potential loss of ₹5,400 per lot, as the value of a single lot of equity shares dropped to ₹1,02,600 (₹51.3 x 2,000). The minimum investment in the IPO per lot size was ₹1,08,000 (₹54 x 2000).
3 min read
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Shanmuga Hospital IPO ?
The issue size of the Shanmuga Hospital IPO is 20 Cr.
What is 'pre-apply' for Shanmuga Hospital IPO ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Shanmuga Hospital IPO shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Pre-apply12 Feb 2025
- Bidding starts13 Feb 2025
- Bidding ends17 Feb 2025
- Allotment finalisation18 Feb 2025
- Release of funds19 Feb 2025
- Demat transfer19 Feb 2025
- Listing21 Feb 2025