Shanmuga Hospital Ltd. logo

Shanmuga Hospital Ltd. was established on June 26, 2020. The company aims to strengthen its position as a leading healthcare provider by offering advanced medical and surgical care through modern practices and state-of-the-art infrastructure.

Bidding Dates
13 Feb 2025 - 17 Feb 2025
Subscription
2.43x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue PricePost Issue Promoter Holding %Issue SizeIPO Document
₹108,0001120003.8 M₹5471.4 %₹206.2 MRHP DOC

Shanmuga Hospital IPO SUBSCRIPTION STATUS

17 Feb '25
Total2.43x
Retail Individual Investor4.19x
HNI (NII) Investors0.67x
Qualified Institutional Buyers-

Shanmuga Hospital IPO overall subscription rate was 2.43 times the total available shares

Shanmuga Hospital IPO retail subscription rate was 4.19 times in the retail segment

Shanmuga Hospital IPO non-institutional investor subscription rate was 0.67 times in the non-institutional investor category

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation50%50%-
17 Feb 2025
(Day 4)
4.19x0.67x-
14 Feb 2025
(Day 3)
2.14x0.32x-
14 Feb 2025
(Day 2)
1.62x0.25x-
13 Feb 2025
(Day 1)
1.05x0.18x-

Shanmuga Hospital FINANCIALS

Period Net Profit (Rs in millions) Revenue from Operations (Rs in millions) Cash Flow from Operations (Rs in millions) Free Cash Flow (Rs in millions) Margins
H1FY25 23.9 246.2 7.0 -10.6 17.7%
FY24 52.6 430.4 95.7 -19.4 19.6%
FY23 47.6 393.4 29.5 -53.2 18.4%
FY22 67.2 413.8 19.2 2.5 21.7%

Shanmuga Hospital IPO SUBSCRIPTION STATUS DETAILS

Shanmuga Hospital had 3.8 M shares on offer

Shanmuga Hospital IPO offer price was ₹54

Shanmuga Hospital IPO minimum Investment was ₹108000

Shanmuga Hospital IPO issue size was ₹ 206.2 M

Shanmuga Hospital had a minimum lot size of 2000 Shares per application

Shanmuga Hospital NUMBER OF SHARES ON OFFER

Total3.8 M
Fresh Issue3.8 M
Offer for Sale0
Post Issue Promoter Holding %71.4 %

Shanmuga Hospital IPO IMPORTANT DATES

Issue Open Date13 Feb 2025
Issue close Date17 Feb 2025
Allotment Date18 Feb 2025
Refund Date19 Feb 2025
Demat Account Credit Date19 Feb 2025
Listing Date21 Feb 2025
Listing on Exchange(s)BSE
Shanmuga Hospital Allotment StatusExchange

Shanmuga Hospital IPO subscription opened on 13 Feb 2025, and closed on 17 Feb 2025

IPO allotment for Shanmuga Hospital was finalized on Tuesday, 18 Feb 2025

IPO listing for Shanmuga Hospital was on BSE on Friday, 21 Feb 2025

Shanmuga Hospital IPO LISTING GAINS

Issue Price (adjusted)54.0
Listing Open Price54.0
Listing Close Price51.3
Listing Gain%0.0%
Current Gain%-20.8%

Shanmuga Hospital Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Shanmuga Hospital Ltd.42.858.213.8149.21.29.97.948.104.20.13.10.1
Apollo Hospitals Enterprise Ltd.8526122590.854.71.64.420.58.725420.115.61941.734.3155.934.1
Max Healthcare Institute Ltd.947.192183.866.838.610.113.48.48536.118.81442.434.114.21.7
Manipal Health Enterprises Ltd.681.489629.810.63.610520.525.8892.3-16.2
Aster DM Quality Care Ltd.722.562978.3133.83.29.78.54.84768.811.2388.1-92.85.442.1
Fortis Healthcare Ltd.76457678.855.523.15.810.56.59178.516.91041.834.613.82.4

Shanmuga Hospital INFORMATION ON IPO ISSUE

About Shanmuga Hospital

Shanmuga Hospital Ltd. was established on June 26, 2020. The company aims to strengthen its position as a leading healthcare provider by offering advanced medical and surgical care through modern practices and state-of-the-art infrastructure.

Object of the Issue

  • Funding capital expenditure towards the purchase of additional medical equipment
  • General corporate purposes

Shanmuga Hospital - PROMOTERS

Name
Panneerselvam Palaniappan Shanmugam
Prabu Sankar Panneerselvam
Priyadharshni Dhandapani
Jayalakshmi Panneerselvam

Shanmuga Hospital Lead Manager of the Issue

Finshore Management Services Limited

info@finshoregroup.com

Shanmuga Hospital Registrar to the issue

Integrated Registry Management Services (P) Limited

smeipol@integratedindia.in

Shanmuga Hospital Strengths

Oncology presence

A key competitive strength is the advanced oncology department, equipped with expert oncologists, cutting-edge technology, and personalized treatment plans, making it a trusted destination for comprehensive cancer care

Strength

Affordable cost

The company's key advantage is its commitment to affordable, high-quality healthcare. By implementing cost-effective measures, transparent pricing, and financial assistance programs, it ensures accessibility without compromising quality, strengthening community trust and patient satisfaction

Strength

Strategic Alliances

The company's strategic alliances with government agencies and private insurers enhance healthcare accessibility through cashless treatment and insurance coverage. These partnerships streamline processes, improve patient convenience, and strengthen its position as a trusted healthcare provider

Strength

Shanmuga Hospital Risks

Dependent on professionals

The hospital's operations rely heavily on healthcare professionals, including doctors and nurses engaged on a consultancy basis. Difficulty in attracting or retaining them could adversely impact business and financial performance

Risk

Delay in procuring equipment

The company has not yet placed orders for the medical equipment planned for installation. Any delays in procurement could affect the implementation schedule and increase operational costs

Risk

Occupancy risks

The company's profitability and efficiency depend on maintaining and increasing bed occupancy rates. Factors like brand recognition, attracting skilled healthcare professionals, and developing super-specialty services impact occupancy. Failure to sustain occupancy while incurring capital expenditures could adversely affect financial performance

Risk

IPO FAQs

  • The promoters of the company are Panneerselvam Palaniappan Shanmugam, Prabu Sankar Panneerselvam, Priyadharshni Dhandapani and Jayalakshmi Panneerselvam.
  • The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
  • The price band of the IPO is Rs 54.0 - 54.0.
  • The IPO application opens on Feb 13, 2025 and closes on Feb 17, 2025.
  • The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
  • For all category investors, the minimum application amount for this IPO is Rs. 108,000.0, the maximum value for this IPO is Rs 108,000.0.
  • This IPO will be allotted on Feb 18, 2025.
  • The refund will be credited to your account on Feb 19, 2025.
  • The allotted shares will be credited to your demat on Feb 19, 2025.
  • Shanmuga Hospital Ltd.’s shares listed on the stock exchanges on Feb 21, 2025.