- NEGATIVE
Annual Revenue Shanmuga Hospital Mar-2026 Annual Revenue is Rs 48 Cr which is growth of -0.0% YoY.
- POSITIVE
Annual Net Profit Shanmuga Hospital Mar-2026 Annual Net Profit is Rs 4 Cr which is growth of 0.1% YoY.

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 Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹108,000 | 1 | 1 | 2000 | 3.8 M | ₹54 | 71.4 % | ₹206.2 M | RHP DOC |
Shanmuga Hospital IPO SUBSCRIPTION STATUS
17 Feb '25Shanmuga 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
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
17 Feb 2025 (Day 4) | 4.19x | 0.67x | - |
14 Feb 2025 (Day 3) | 2.14x | 0.32x | - |
14 Feb 2025 (Day 2) | 1.62x | 0.25x | - |
13 Feb 2025 (Day 1) | 1.05x | 0.18x | - |
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
Shanmuga Hospital IPO IMPORTANT DATES
| Issue Open Date | 13 Feb 2025 |
| Issue close Date | 17 Feb 2025 |
| Allotment Date | 18 Feb 2025 |
| Refund Date | 19 Feb 2025 |
| Demat Account Credit Date | 19 Feb 2025 |
| Listing Date | 21 Feb 2025 |
| Listing on Exchange(s) | BSE |
| Shanmuga Hospital Allotment Status | Exchange |
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 Price | 54.0 |
| Listing Close Price | 51.3 |
| Listing Gain% | 0.0% |
| Current Gain% | -20.8% |
Shanmuga Hospital Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shanmuga Hospital Ltd. | 42.8 | 58.2 | 13.8 | 149.2 | 1.2 | 9.9 | 7.9 | 48.1 | 0 | 4.2 | 0.1 | 3.1 | 0.1 |
| Apollo Hospitals Enterprise Ltd. | 8526 | 122590.8 | 54.7 | 1.6 | 4.4 | 20.5 | 8.7 | 25420.1 | 15.6 | 1941.7 | 34.3 | 155.9 | 34.1 |
| Max Healthcare Institute Ltd. | 947.1 | 92183.8 | 66.8 | 38.6 | 10.1 | 13.4 | 8.4 | 8536.1 | 18.8 | 1442.4 | 34.1 | 14.2 | 1.7 |
| Manipal Health Enterprises Ltd. | 681.4 | 89629.8 | 10.6 | 3.6 | 10520.5 | 25.8 | 892.3 | -16.2 | |||||
| Aster DM Quality Care Ltd. | 722.5 | 62978.3 | 133.8 | 3.2 | 9.7 | 8.5 | 4.8 | 4768.8 | 11.2 | 388.1 | -92.8 | 5.4 | 42.1 |
| Fortis Healthcare Ltd. | 764 | 57678.8 | 55.5 | 23.1 | 5.8 | 10.5 | 6.5 | 9178.5 | 16.9 | 1041.8 | 34.6 | 13.8 | 2.4 |
Shanmuga Hospital annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
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
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
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
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
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
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
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.
