Shanmuga Hospital Limited IPO (Shanmuga Hospital IPO) Detail
Shanmuga Hospital IPO is a fixed price issue of Rs 20.62 crores. The issue is entirely a fresh issue of 38.18 lakh shares.
Shanmuga Hospital IPO bidding started from February 13, 2025 and ended on February 17, 2025. The allotment for Shanmuga Hospital IPO was finalized on Tuesday, February 18, 2025. The shares got listed on BSE SME on February 21, 2025.
Shanmuga Hospital IPO price is ₹54 per share. The minimum lot size for an application is 2000. The minimum amount of investment required by retail investors is ₹1,08,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹2,16,000.
Finshore Management Services Limited is the book-running lead manager of the Shanmuga Hospital IPO, while Integrated Registry Management Services Private Limited is the registrar for the issue.The market maker for Shanmuga Hospital IPO is Black Fox Financial Private Limited.
Refer to Shanmuga Hospital IPO RHP for detailed information.
Shanmuga Hospital Ltd Stock Quote & Charts
- Open: ₹32.50
- High – Low: ₹32.85 – ₹32.25
- Previous Close: ₹33.25
- Total Traded Value: 26,000.00
- 52 Weeks High: ₹32.05 (Feb 21, 2025)
- 52 Weeks Low: ₹51.30 (Mar 11, 2025)
- Updated On: Feb 21, 2025 4:00 PM
Shanmuga Hospital IPO Details
| IPO Date | February 13, 2025 to February 17, 2025 |
| Listing Date | February 21, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹54 per share |
| Lot Size | 2,000 Shares |
| Total Issue Size | 38,18,000 shares (aggregating up to ₹20.62 Cr) |
| Fresh Issue | 38,18,000 shares (aggregating up to ₹20.62 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 97,95,000 shares |
| Share Holding Post Issue | 1,36,13,000 shares |
| Market Maker Portion | 1,92,000 shares Black Fox Financial Private Limited |
Shanmuga Hospital IPO Reservation
Shanmuga Hospital IPO offers 38,18,001 shares. 18,13,000 (47.49%) to NII, 18,13,000 (47.49%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 1,92,000 (5.03%) |
| Other Shares Offered | 18,13,000 (47.49%) |
| Retail Shares Offered | 18,13,000 (47.49%) |
| Total Shares Offered | 38,18,001 (100%) |
Shanmuga Hospital IPO Timeline (Tentative Schedule)
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 February 17, 2025 |
Shanmuga Hospital IPO 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 |
| HNI (Min) | 2 | 4,000 | ₹2,16,000 |
| Lot Size Calculator | |||
Shanmuga Hospital IPO Promoter Holding
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 71.95% |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
About Shanmuga Hospital Limited
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:
- Shanmuga Pharmacy & Diagnostics:
The hospital operates Shanmuga Pharmacy, providing medications to OPD and IPD patients. Shanmuga Diagnostics offers reliable pathology services for accurate medical evaluations and treatment planning. - Shanmuga Clinics:
The hospital extends services through Shanmuga Clinics, providing specialized consultations and treatments in Salem. Critical patients are transferred to the main hospital for advanced care when necessary.
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:
- Oncology Presence
- Rich experience of promoters of over four decades
- Cost Affordable to Regional Population
- Specialized Equipment like LINAC, CATHLAB, MRI, MODULAR OT
- Tie-up with Government and Private Insurance Companies
Company Financials
Shanmuga Hospital Limited Financial Information (Restated Standalone)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 36.53 | 33.92 | 23.05 | 10.65 |
| Revenue | 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 | ||||
Key Performance Indicator (KPI)
The market capitalization of Shanmuga Hospital IPO is Rs 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 Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.
Objects of the Issue (Shanmuga Hospital IPO Objectives)
The Objects of the Issue are:
- Funding Capital Expenditure towards Purchase of additional Medical Equipment
- General Corporate Purposes
Shanmuga Hospital IPO Review May apply
[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…
Shanmuga Hospital IPO Subscription Status (Bidding Detail)
The Shanmuga Hospital IPO is subscribed 2.51 times on February 17, 2025 6:54:49 PM (Day 3). The public issue subscribed 4.41 times in the retail category, [.] times in the QIB category, and 0.6 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| NII* | 0.6 | 18,13,000 | 10,94,000 | 0 |
| Retail | 4.41 | 18,13,000 | 79,94,000 | 0 |
| Total | 2.51 | 36,26,001 | 90,88,000 | 6,563 |
Total Application : 6,563
*Market Maker portion is not included to NII/HNI.
Shanmuga Hospital IPO Prospectus
Shanmuga Hospital IPO Listing Details
| Listing Date | February 21, 2025 |
| BSE Script Code | 544365 |
| NSE Symbol | |
| ISIN | INE0TD301017 |
| Final Issue Price | ₹54 per share |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹54.00 |
| Open | ₹54.00 |
| Low | ₹51.30 |
| High | ₹54.00 |
| Last Trade | ₹51.30 |
Check IPO Performance…
Shanmuga Hospital Limited Contact Details
Shanmuga Hospital Limited
51/24,
Saradha College Road,
Salem, 636007
Phone: +91 427 2706674
Email: cs@smrft.org
Website: http://www.shanmugahospital.com/
Shanmuga Hospital IPO Registrar
Integrated Registry Management Services Private Limited
Phone: 044 – 28140801 to 28140803
Email: smeipo@integratedindia.in
Website: https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1
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