Shanmuga Hospital IPO
Open SmeCurrent GMP
₹3 (+5.56%)
Price Band
₹ 54 – 54
Lot Size
2000
Issue Size
₹20.62 Cr
Minimum Investment
₹216000 (4000 Shares)
Listing Date
21 February 2025
Subscription
2.56x
About the Company
Shanmuga Hospital Limited was incorporated on June 26, 2020, as a private company and later became a public limited company on June 6, 2024. The hospital traces its origins to 1981 when Dr. Panneerselvam Palaniappan Shanmugam started a sole proprietorship in Salem, Tamil Nadu. It evolved into a partnership in 1992 and later established the Salem Cancer Institute in 1996, the region's first cancer hospital. The company acquired the assets and liabilities of the original Shanmuga Hospital in December 2023, marking significant growth.
The hospital, located in Salem, is a multispecialty facility with a 151-bed capacity, offering a range of services including oncology, emergency care, intensive care, cardiac, neonatal, neurosurgery, and diagnostic services. It is accredited by NABH and NABL and features advanced medical technologies such as CT scans, MRI, and modular operation theatres. Shanmuga Hospital is known for its affordable, high-quality healthcare, offering both inpatient and outpatient care across multiple specialties.
The hospital collaborates with government agencies and organizations like ESIC, Railway Hospital, and FCI to provide healthcare services to their employees and families. It is also empanelled with insurance companies and TPAs, making healthcare more accessible and affordable for patients.
Shanmuga Hospital operates a pharmacy, diagnostic services, and peripheral clinics. Shanmuga Pharmacy & Diagnostics provides medications and diagnostic services to both outpatient and inpatient patients, while Shanmuga Clinics serve as specialized medical consultation units in residential areas. The hospital’s integrated operations ensure smooth coordination across departments, optimizing resources and improving patient outcomes.
The hospital's mission is to continue its growth and position itself as a leading healthcare provider by enhancing its facilities and services, with a commitment to high-quality medical care.
Promoters
- Dr. Panneerselvam Palaniappan Shanmugam
- Dr. Prabu Sankar Panneerselvam
- Dr. Priyadharshni Dhandapani
- Mrs. Jayalakshmi Panneerselvam
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
71.95%
Objects of the Issue
The Objects of the Issue are:
- Funding Capital Expenditure towards Purchase of additional Medical Equipment
- General Corporate Purposes
Address / Contact Info
Shanmuga Hospital Limited
1/24, Saradha College Road,
Salem - 636007, Tamil Nadu,
India
Phone: +91 427 2706674
Email: cs@smrft.org
Website: http://www.shanmugahospital.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Thursday, 13 February 2025
IPO Close Date
Monday, 17 February 2025
Basis of Allotment
Tuesday, 18 February 2025
Initiation of Refunds
Wednesday, 19 February 2025
Credit of Shares to Demat
Wednesday, 19 February 2025
Listing Date
Friday, 21 February 2025 — NSE & BSE
Important Dates
Open Date
13 February 2025
Close Date
17 February 2025
Basis Of Allotment
18 February 2025
Listing Date
21 February 2025
Financial Performance (₹ in Crores)
| Particular | 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 | 3.24 | 5.26 | 4.76 | 6.72 |
| Net Worth | 19.53 | 17.13 | 11.82 | 7.06 |
| Reserve & Surplus | 9.73 | 7.34 | 11.74 | 6.98 |
| Total Borrowings | 9.76 | 9.02 | 7.65 | 0 |
EPS Pre
5.37%
EPS Post
4.75%
P/E Pre
10.05
P/E (Post Issue)
11.36x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 30.71 |
| ROCE % | 35.89 |
| Debt / Equity | 0.53 |
| RoNW % | 30.71 |
| PbW | 0 |
| Pat Margin % | 12.13 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Non-Institutional | 1813000 | 50 | 0 |
| Retail Investors | 1813000 | 50 | 0 |
| Total | 3626000 | 100 | 0 |
Subscription Status ( Mon, 17 Feb 25 01:17 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 0 | 0x |
| Non-Institutional | 1813000 | 1286000 | 0.71x |
| Retail Investors | 1813000 | 7992000 | 4.41x |
| Total | 3626000 | 9278000 | 2.56x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 108,000.00 |
| Retail (Max) | 1 | 2,000 | 108,000.00 |
| S-HNI (Min) | 2 | 4,000 | 216,000.00 |
Registrar
Integrated Registry Management Services Private Limited
044 - 28140801
einward@integratedindia.in
https://www.integratedindia.in
Book Running Lead Managers
- Finshore Management Services Limited
RHP Document
DRHP Document
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.
Shanmuga Hospital IPO is a Fixed price IPO worth ₹20.62 crores. The price band is ₹54 to 54 per share. The IPO opens on Thu, Feb 13, 2025 and closes on Mon, Feb 17, 2025. It will be listed on BSE and NSE. Integrated Registry Management Services Private Limited is the registrar.
The Shanmuga Hospital IPO opens on Thu, Feb 13, 2025 and closes on Mon, Feb 17, 2025
Shanmuga Hospital IPO Price Band is ₹54 to 54.
Shanmuga Hospital IPO lot size is 2000, and the minimum amount required for application is ₹216000.
The minimum investment for Shanmuga Hospital IPO is approximately ₹216000 based on the upper price band.
To apply for the Shanmuga 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 Mon, Feb 17, 2025. After submission, funds are blocked until the basis of allotment of Shanmuga Hospital IPO is finalised.
Shanmuga Hospital IPO issue size is ₹20.62 crores.
Shanmuga Hospital IPO allotment date is Sat, Jun 27, 2026.
The registrar for Shanmuga Hospital IPO is Integrated Registry Management Services Private Limited. Investors can go to Integrated Registry Management Services Private Limited website for IPO allotment status, refund processing, and other queries related to Shanmuga Hospital IPO through their official website or helpline.
The Shanmuga Hospital IPO GMP (Grey Market Premium) is ₹3 as of Fri, Feb 21, 2025. Based on the upper price band of ₹54 per share, the estimated Shanmuga Hospital IPO listing price is ₹57, indicating a potential listing gain of approximately 31% over the issue price.