Introduction
The Shanmuga Hospital Ltd IPO is one of the most anticipated Upcoming IPOs this week in India. With the healthcare sector witnessing substantial growth, investors are keen to explore new opportunities in this space. This article provides a detailed analysis of the Shanmuga Hospital Ltd IPO, covering its subscription details, listing date, financials, and more.
Shanmuga Hospital Ltd
Shanmuga Hospital Ltd is a well-established healthcare provider in India, offering a range of medical services. The hospital has built a strong reputation for quality healthcare, patient satisfaction, and advanced medical treatments. With its IPO, the company aims to raise capital for expansion and infrastructure development.
Shanmuga Hospital Ltd IPO Details
The IPO of Shanmuga Hospital Ltd is set to open for subscription on February 13, 2025, and will close on February 17, 2025. Below are the key details:
IPO Type: Public Issue (Fixed Portion)
Issue Size: Rs 20.62 Crores
Fresh Issue: 38.18 Lakhs shares
Issue Price: Rs 54 per share
Minimum Lot Size: 2,000 Shares
Minimum Investment: Rs 108,000
Listing Exchange: BSE
Tentative Listing Date: February 20, 2025
IPO Important Dates
Event | Date |
Opening Date | February 13, 2025 |
Closing Date | February 17, 2025 |
Basis of Allotment | February 18, 2025 |
Initiation of Refunds | February 19, 2025 |
Credit of Shares | February 19, 2025 |
Listing Date | February 20, 2025 |
Shanmuga Hospital Ltd IPO Subscription Details
The IPO subscription status as of February 14, 2025, is as follows:
Category | Subscription Times |
Qualified Institutional Buyers (QIB) | 0x |
Retail Individual Investors (RII) | 2.38x |
Non-Institutional Investors (NII) | 0.32x |
Others | 0x |
Total Subscription | 1.3x |
Day-wise Subscription Status
Date | QIB | RII | NII | Total |
Day 1 (13-02-2025) | 0x | 1.17x | 0.18x | 0.65x |
Day 2 (14-02-2025) | 0x | 2.38x | 0.32x | 1.3x |
Shanmuga Hospital Ltd IPO Reservation Details
Investor Category | Shares Offered | Percentage |
Non-Institutional Investors (NII) | 1,812,000 | 47.46% |
Retail Individual Investors (RII) | 1,814,000 | 47.51% |
Total Shares Offered | 3,818,000 | 100% |
Reasons to Invest in Shanmuga Hospital Ltd IPO
1. Strong Market Position
Shanmuga Hospital Ltd has established itself as a trusted name in the healthcare industry, ensuring steady growth in patient footfall and revenue.
2. Expanding Healthcare Infrastructure
With IPO proceeds, the hospital plans to upgrade its infrastructure, expand services, and introduce new medical technologies.
3. Growing Demand for Healthcare Services
India’s healthcare sector is booming, driven by an aging population, lifestyle diseases, and increased insurance penetration, making it a lucrative investment opportunity.
4. Affordable Valuation
At an issue price of Rs 54 per share, the IPO presents an attractive valuation compared to other listed healthcare providers.
Risks Associated with Shanmuga Hospital Ltd IPO
1. Regulatory Risks
Healthcare regulations in India are stringent, and any changes in policies could impact the hospital’s operations.
2. Market Volatility
Stock market fluctuations can impact the listing price and overall returns on investment.
3. Competition in Healthcare Industry
Shanmuga Hospital Ltd faces competition from other private hospitals and government healthcare facilities.
How to Apply for Shanmuga Hospital Ltd IPO
Steps to Apply via Online Trading Platform
Login to your Demat account with a stockbroker.
Navigate to the IPO section and select Shanmuga Hospital Ltd IPO.
Enter the number of shares you wish to apply for (minimum 2,000 shares).
Confirm payment using UPI or net banking.
Submit the application and wait for allotment.
Conclusion
The Shanmuga Hospital Ltd IPO presents an exciting opportunity for investors looking to enter the healthcare sector. With its strong reputation, expansion plans, and attractive pricing, it is expected to generate significant interest among retail and institutional investors. However, as with any investment, potential risks must be carefully considered before making a decision.
If you are keen on investing in Upcoming IPOs in India (NSE and BSE), stay updated with our Upcoming IPO list to make informed investment choices.
