Shanmuga Hospital IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Thu, 13 Feb 2025
Close Date
Mon, 17 Feb 2025
Issue Price
₹ 54
Lot Size
2000
Issue Size
₹ 20.62 Cr
Minimum Investment
₹ 216,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Shanmuga Hospital IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹20.62 Crore, comprising a fresh issue of 38.18 Lakh equity shares aggregating to ₹20.62 Crore.
The Shanmuga Hospital IPO remained open for subscription from February 13, 2025, to February 17, 2025. The basis of allotment was finalized on February 18, 2025, and the company's shares were listed on BSE SME Platform on February 21, 2025.
The company had fixed the price at ₹54 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹216,000 (based on the upper price band) to apply for one lot.
Integrated Registry Management Services Private Limited served as the registrar to the issue. Finshore Management Services Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Shanmuga Hospital Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Shanmuga Hospital IPO Timeline (Tentative)
- IPO Open Date
- Thu, 13 Feb 25
- IPO Close Date
- Mon, 17 Feb 25
- Basis of Allotment
- Tue, 18 Feb 25
- Initiation of Refunds
- Wed, 19 Feb 25
- Credit of Shares to Demat
- Wed, 19 Feb 25
- Listing Date
- Fri, 21 Feb 25 — NSE & BSE
Open Date
13 February 2025
Close Date
17 February 2025
Basis Of Allotment
18 February 2025
Listing Date
21 February 2025
IPO Subscription
Check Live Subscription →The Shanmuga Hospital IPO has received bids for 92,78,000 shares against 36,26,000 shares offered, resulting in an overall subscription of 2.56x. the NII category is subscribed 0.71x, Retail Investors 4.41x, and QIBs 0x.
QIB
0x
NII
0.71x
RII
4.41x
Total
2.56x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 18,13,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 18,13,000 shares (50%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Non-Institutional | 1,813,000 | 50% |
| Retail Investors | 1,813,000 | 50% |
| Total | 3,626,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Shanmuga Hospital Limited KPI Information
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 30.71 |
| ROCE % | 35.89 |
| Debt / Equity | 0.53 |
| RoNW % | 30.71 |
| Pat Margin % | 12.13 |
Peers Comparison
No Peer Comparision Available
About Shanmuga Hospital Limited
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.
Shanmuga Hospital IPO 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%
Shanmuga Hospital IPO Objective
The Objects of the Issue are:
- Funding Capital Expenditure towards Purchase of additional Medical Equipment
- General Corporate Purposes
Shanmuga Hospital Limited Address / Contact Details
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
Shanmuga Hospital IPO Lot Size
The Shanmuga Hospital IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹1,08,000 by applying for 1 lot (2,000 shares). The maximum application allowed for the retail category is 1 lots (2,000 shares), requiring an investment of ₹1,08,000.
| 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 |
Issue Reservation
- NII — 50%
- RII — 50%
Shanmuga Hospital IPO Registrar
Integrated Registry Management Services Private Limited
Check Allotment StatusBook Running Lead Managers
- Finshore Management Services Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Shanmuga Hospital IPO?
Shanmuga Hospital IPO is a Fixed price IPO with a total issue size of ₹20.62 crore. The Shanmuga Hospital IPO price band is ₹54 to 54 per share. The Shanmuga Hospital IPO subscription opens on Thu, Feb 13, 2025, and closes on Mon, Feb 17, 2025. The Shanmuga Hospital IPO will be listed on the BSE. Integrated Registry Management Services Private Limited is the registrar for the Shanmuga Hospital IPO.
When will the Shanmuga Hospital IPO open for subscription?
The Shanmuga Hospital IPO opens on Thu, Feb 13, 2025 and closes on Mon, Feb 17, 2025
What is Shanmuga Hospital IPO Price Band?
Shanmuga Hospital IPO Price Band is ₹54 to 54 per share.
What is Shanmuga Hospital IPO Lot Size?
Shanmuga Hospital IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹216000 based on the upper price band
What is the minimum investment for Shanmuga Hospital IPO?
The minimum investment for Shanmuga Hospital IPO is ₹216000, based on one lot of 2000 shares at the upper price band of ₹54 per share.
How to apply for Shanmuga Hospital IPO?
Investors can apply for the Shanmuga Hospital IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Feb 17, 2025. The application amount remains blocked until the Shanmuga Hospital IPO allotment is finalized.
What is Shanmuga Hospital IPO Issue Size?
Shanmuga Hospital IPO issue size is ₹20.62 crores.
What is the Shanmuga Hospital IPO Allotment Date?
Shanmuga Hospital IPO allotment date is Tue, Feb 18, 2025.
Who is the Shanmuga Hospital IPO Registrar?
The registrar for Shanmuga Hospital IPO is Integrated Registry Management Services Private Limited. Investors can go to Integrated Registry Management Services Private Limited website to check Shanmuga Hospital IPO allotment status, refund processing, and other IPO-related information.
What is the Shanmuga Hospital IPO GMP?
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 5.56% over the issue price.
Who is the Shanmuga Hospital IPO Lead Manager?
The book-running lead managers (BRLMs) for the Shanmuga Hospital IPO are Finshore Management Services Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Shanmuga Hospital IPO Red Herring Prospectus (RHP).