Shanmuga Hospital Limited
Shanmuga Hospital Limited(SHANMUGA)
Total Shares
38,18,000
Issue Size
₹20.62 Cr
Price Band
₹54 – ₹54
Lot Size
2000 shares
Min. Investment
₹1,08,000
Max. Investment
₹1,08,000
Open Date
13 Feb, 2025
Close Date
17 Feb, 2025
Allotment
18 Feb, 2025
Listing
20 Feb, 2025
Max. Investment
₹1,08,000
Announced
13 Feb, 2025
Opening Date
13 Feb, 2025
Closing Date
17 Feb, 2025
Basis of Allotment
18 Feb, 2025
Initiation of Refunds
19 Feb, 2025
Credit of Shares
19 Feb, 2025
Listing Date
20 Feb, 2025
Live GMP
Est. Listing: ₹62
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About Shanmuga Hospital Limited IPO
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 hosp
Shanmuga Hospital Limited IPO Share Price and Issue Size
Issue Breakdown
Shareholding
Dilution: 39.0% increase in shares
Shanmuga Hospital Limited IPO Financials Health
Shanmuga Hospital Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹1,08,000 |
| Retail Maximum | 1 | 2000 | ₹1,08,000 |
| HNI Minimum | 2 | 4000 | ₹2,16,000 |
(All values in CR)
Shanmuga Hospital Limited IPO Valuation
| Metric | Value |
|---|---|
| DEBT/EQUITY | 0.53 |
| EPS Post IPO | 4.75 |
| EPS Pre IPO | 5.37 |
| P/E Post IPO | 11.36 |
| P/E Pre IPO | 10.05 |
| PAT MARGIN | 12.13 |
| PRICE TO BOOK VALUE | 3.09 |
| ROCE | 35.89% |
| ROE | 30.71% |
| RONW | 30.71% |
(All values in CR)
Strength & Risk of Shanmuga Hospital Limited IPO
1. Established and proven track record.
2. Leveraging the experience of our Promoters.
3. Experienced management team and a motivated and efficient work force.
4. Cordial relations with our customers.
5. Quality Assurance & Control.
1. Our Company, Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition
2. Our Company has limited operating history, and therefore investors may not be able to assess our prospects on the basis of historical results.
3. We are highly dependent on our healthcare professionals, including doctors, nurses that we engage on a consultancy basis, and our business and financial results could be impacted if we are not able to attract and retain such healthcare professionals.
4. Our Company is yet to place orders for medical equipment proposed to be installed at our hospital. Any delay in placing orders or procurement of such equipment may delay the schedule of implementation and possibly increase the cost of commencing operations.
5. We generate certain revenues from the arrangements with government sponsored health schemes, any adverse change in these regulations/government policies related to such schemes may adversely affect our business, results of operations, cash flows and prospects.
6. Delay in receipt of payment from our patients / customers may affect our cash flows, which may, in turn affect our financial condition and results of operations.
7. Our indebtedness and the conditions and restrictions imposed by our financing arrangements may limit our ability to grow our business and adversely impact our business.
8. Changes in healthcare laws, rules and regulations may materially adversely affect our business
9. Our Company had negative cash flow in recent fiscals, details of which are given below. Sustained negative cash flow could adversely impact our business, financial condition and results of operations.
10. There are certain instances of delays in the past with ROC/Statutory Authorities.
Shanmuga Hospital Limited IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| HNI | 0.71 | 18,12,000 | 12,86,000 | 6.94 |
| Market Maker | 1.00 | 1,92,000 | 1,92,000 | 1.04 |
| Retail | 4.39 | 18,14,000 | 79,70,000 | 43.04 |
| Total | 2.55 | 36,26,000 | 92,56,000 | 49.98 |
Shanmuga Hospital Limited IPO GMP
Last updated 10 Feb, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 10 Feb, 2025 | 54 | ₹8 | 12200 | ₹62 (14.81%) | - | 10 Feb, 2025 |
| 11 Feb, 2025 | 54 | ₹8 | 12200 | ₹62 (14.81%) | - | 11 Feb, 2025 |
| 12 Feb, 2025 | 54 | ₹8 | 12200 | ₹62 (14.81%) | - | 12 Feb, 2025 |
| 13 Feb, 2025 | 54 | ₹8▲ | 12200 | ₹62 (14.81%) | - | 13 Feb, 2025 |
| 17 Feb, 2025 | 54 | ₹3 | 4600 | ₹57 (5.56%) | - | 17 Feb, 2025 |
| 18 Feb, 2025 | 54 | ₹3 | 4600 | ₹57 (5.56%) | - | 18 Feb, 2025 |
| 20 Feb, 2025 | 54 | ₹3 | 4600 | ₹57 (5.56%) | - | 20 Feb, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
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