Shanmuga Hospital IPO Details
The key details of Shanmuga Hospital’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹20.62 Cr |
| Price Range | ₹54 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 2000 |
| Investment (cut-off price) | ₹1,08,000 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | 71.95% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Shanmuga Hospital IPO Timelines
The IPO process for Shanmuga Hospital includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
13/02/2025
Start Date17/02/2025
End Date19/02/2025
Refund Initiation19/02/2025
Credit of Shares to Demat Ac21/02/2025
Listing DateShanmuga Hospital IPO Lot Size
The Shanmuga Hospital IPO has a fixed lot size of 2,000 shares, at a price band of ₹54 per share, requiring ₹108,000 per lot for retail investors. For HNI investors, the minimum application is 4,000 shares (2 lots) amounting to ₹216,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹1,08,000 |
| Retail Maximum | 1 | 2000 | ₹1,08,000 |
| HNI Minimum | 2 | 4000 | ₹2,16,000 |
Shanmuga Hospital IPO Subscription Status
The subscription status for Shanmuga Hospital IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 0.60x | 4.41x | -- | 2.51x |
IPO Performance on Listing Day
On the listing day (February 21, 2025), Shanmuga Hospital made a flat debut on the stock exchange. The stock opened at ₹54, at par with its issue price. During the trading session, while unable to trade above its opening price, the stock faced selling pressure that pulled it down to ₹51.30. The shares ended their first trading day at ₹51.30, recording a decline of 5% from the issue price, suggesting a tepid market response to this healthcare provider.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹54.00 | ₹51.30 | ₹54.00 | ₹51.30 |
Shanmuga Hospital IPO Company Financials
Shanmuga Hospital reports robust performance in FY2024 with Total Income of ₹43.39 crores, managing expenses at ₹36.35 crores, and achieving a strong PAT (Profit After Tax) of ₹5.26 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹41.47 | ₹32.51 | ₹6.72 |
| FY 2023 | ₹39.5 | ₹32.92 | ₹4.76 |
| FY 2024 | ₹43.39 | ₹36.35 | ₹5.26 |
| FY 2025 (6 M) | ₹24.83 | ₹21.59 | ₹3.24 |
About Company
Shanmuga Hospital Limited, established in 2020, is a multispecialty hospital located in Salem, Tamil Nadu, offering advanced healthcare technology and a 151-bed capacity. The hospital is accredited by NABH and NABL, ensuring the provision of high-quality services in prevention, treatment, and rehabilitation. The 45,311 square feet facility spans two blocks and three floors, delivering both inpatient (IPD) and outpatient (OPD) services, with a team of dedicated healthcare professionals. The hospital serves the local community and nearby regions, addressing a wide range of medical needs.
In addition to its core hospital services, Shanmuga Hospital operates specialized units such as Shanmuga Pharmacy & Diagnostics, which provides medication and reliable pathology services for accurate evaluations. The hospital also has Shanmuga Clinics for specialized consultations and treatments, with critical patients transferred to the main hospital for advanced care. The hospital offers services across various departments, including oncology, general surgery, orthopaedics, cardiology, paediatrics, neurology, endocrinology, plastic surgery, and respiratory medicine. As of August 31, 2024, Shanmuga Hospital employs a dedicated team of 72 doctors, consisting of resident doctors, junior doctors, senior consulting doctors, and visiting doctors.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2020 | Healthcare | Shanmugam Panneerselvam |
Know Before Investing
Shanmuga Hospital IPO Strengths
- Shanmuga Hospital is a multispecialty facility equipped with modern healthcare technology, including specialized units like Oncology, ICU, and advanced diagnostics.
- Accredited by NABH and NABL, the hospital maintains high healthcare standards across prevention and rehabilitation services.
- As of August 2024, Shanmuga Hospital employs 72 doctors, including resident, junior, senior consulting, and consulting visiting doctors.
- The hospital has a 151-bed capacity, serving patients from surrounding regions.
- Serving patients from surrounding regions, addressing their medical needs
Shanmuga Hospital IPO Risks
- Shanmuga Hospital was founded in 2020, giving it a limited operating history, making it difficult to assess long-term performance.
- As a single-location in Salem, the hospital faces competition from larger hospital chains with wider geographic footprints.
- Dependence on key medical professionals could pose a risk if these individuals were to leave the organization.
- The hospital is susceptible to risks arising from fire and other incidents, which could disrupt operations and increase costs.
- Non-compliance with healthcare regulations and standards can lead to penalties.
- The company could be exposed to negligence causing substantial and specific danger to public health and safety.
Swot Analysis for Shanmuga Hospital IPO
Strengths
Expertise in treatments, Advanced technology, Increased patient satisfaction
Weaknesses
High operational costs, Limited service range, Infrastructure limitations
Opportunities
Partnerships, Service expansion, Policy changes, Telemedicine
Threats
Market competition, Economic fluctuations, Regulatory changes, Pandemic outbreaks
Company Details
Shanmuga Hospital Limited
51/24, Saradha College Road, Salem, 636007
Phone: +91 427 2706674
Email: cs@smrft.org
Website: http://www.shanmugahospital.com/
IPO Registar Details
Integrated Registry Management Services Private Limited
Phone: 044 – 28140801 to 28140803
Email: smeipo@integratedindia.in
Website: https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1
FAQs
The key objectives of Shanmuga Hospital IPO are:
- Funding Capital Expenditure towards Purchase of additional Medical Equipment
- General Corporate Purposes
Finshore Management Services Limited is the book-running lead managers for the Shanmuga Hospital IPO.
Shanmuga Hospital IPO has growth potential driven by increasing healthcare demand. With plans for expansion and a solid healthcare foundation, its success depends on service quality, patient acquisition, market competition, and effective utilization of funds for future development.
The issue price for the Shanmuga Hospital IPO is set to ₹54 per share.
To invest in one lot of Shanmuga Hospital IPO, you need ₹1,08,000 at the fixed price band (₹54 per share) for a lot size of 2000 shares.
Shanmuga Hospital IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on February 21, 2025.
Refund/unblocking of funds for Shanmuga Hospital IPO will begin on February 19, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Shanmuga Hospital IPO shares on listing day (February 21, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.