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Broach Lifecare Hospital IPO

Open Sme
BSE 13 August - 16 August 2024
Broach Lifecare Hospital Limited IPO is a fixed price issue of 4.02 Cr. The issue is entirely a fresh issue of 1608000 shares aggregating to 4.02 Cr. Broach Lifecare Hospital Limited IPO opened for subscription on Aug 13, 2024 and closed on Aug 16, 2024. The allotment for the this IPO was finalized on Aug 19, 2024. IPO was listed on NSE and BSE on Aug 21, 2024. Broach Lifecare Hospital Limited IPO has set the issue price at ₹25 per share.

Current GMP

₹0 (0.00%)

Price Band

₹ 25 – 25

Lot Size

6000

Issue Size

₹4.02 Cr

Minimum Investment

₹300000 (12000 Shares)

Listing Date

21 August 2024

Subscription

7173x

About the Company

Broach Lifecare Hospital operates its boutique Hospitals under the brand “Maple Hospitals” and provides dedicated round-the-clock services to patients with heart ailments consisting of non-invasive cardiology services such as 2D Echocardiography, Electrocardiography, Tread Mill Test, Holter monitoring, Ambulatory Blood Pressure Measurement, Stress test, Dobutamine Stress Echocardiography. Subsequently, in the year June/July 2023, they ventured into interventional cardiac services such as coronary angiography and stenting, percutaneous coronary intervention (“PCI”), and primary PCI for acute myocardial infarction as a division. They also provide Ballon mitral-valvuloplasty, permanent pacemaker implantation, cardiac resynchronisation procedures, implantable cardioverter-defibrillator (“AICD”) implantation, and procedures for congenital ailments such as coarctation of the aorta, stenting and posterior descending artery closure. They also offer a complete range of diagnostic and therapeutic options such as endovascular revascularization, deep vein thrombosis treatment, and peripheral angioplasty.


Their hospitals are certified by the National Accreditation Board for Hospitals & Healthcare Providers (“NABH”) as a primary-level small healthcare organization. Their Hospital has Certification from the Atomic Energy Regulatory Board for the PACS System & Fire safety certificate from local regulation bodies for the safety of their patients. The Company is also a member of Globe Bio Care for the disposal of biomedical waste.

Promoters

Dr. Jaykumar Narendra Vyas
Dr. Shachi Jaykumar Vyas
Mrs. Dhyuti Krupesh

Promoters Holding

Holding Pre Issue

86.74%

Holding Post Issue

63.77%

Objects of the Issue

Broach Lifecare Hospital Ltd IPO Objectives

The proceeds from the fresh issue will be used for: 

  1. Purchase of machinery.
  2. Development of medical tourism web portal.
  3. General corporate purposes.

Address / Contact Info

Broach Lifecare Hospital Limited
501, 5th Floor, Corporate House,
above Bharuch Orthopedic Hospital,
R K Casta, Bharuch-392001
Phone: +91 94291 87226
Email: info@maplehospital.in
Website: https://www.maplehospital.in

IPO Snapshot

Face Value₹10 per share
Price Band₹ 25 – 25
Lot Size6000
Issue TypeFixed price IPO
Sale Type
Fresh Issue₹ 4.02 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 4.02 Cr
Listing AtBSE
Industry
Sector
Retail Quota47.39%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Broach Lifecare Hospital IPO is a Fixed price IPO worth ₹4.02 crores. The price band is ₹25 to 25 per share. The IPO opens on Tue, Aug 13, 2024 and closes on Fri, Aug 16, 2024. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.

The Broach Lifecare Hospital IPO opens on Tue, Aug 13, 2024 and closes on Fri, Aug 16, 2024

Broach Lifecare Hospital IPO Price Band is ₹25 to 25.

Broach Lifecare Hospital IPO lot size is 6000, and the minimum amount required for application is ₹300000.

The minimum investment for Broach Lifecare Hospital IPO is approximately ₹300000 based on the upper price band.

To apply for the Broach Lifecare Hospital IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Aug 16, 2024. After submission, funds are blocked until the basis of allotment of Broach Lifecare Hospital IPO is finalised.

Broach Lifecare Hospital IPO issue size is ₹4.02 crores.

Broach Lifecare Hospital IPO allotment date is Sat, Jun 27, 2026.

The registrar for Broach Lifecare Hospital IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Broach Lifecare Hospital IPO through their official website or helpline.

The Broach Lifecare Hospital IPO GMP (Grey Market Premium) is ₹0 as of Mon, Aug 21, 2023. Based on the upper price band of ₹25 per share, the estimated Broach Lifecare Hospital IPO listing price is ₹25, indicating a potential listing gain of approximately 31% over the issue price.