Shanmuga Hospital IPO GMP Live, Open Date, Close Date, Price Band

Shanmuga Hospital IPO open date is February 13, 2025 and closing date is February 17, 2025. This new IPO is a fixed price issue worth up to Rs 20.62 crores. This upcoming IPO is offering entirely a fresh issue of 38.18 lakh equity shares; there are no offers for sale part included in this IPO. 

Shanmuga Hospital IPO price band is Rs 54 per share. As of now, the Shanmuga Hospital IPO live GMP is at 8, indicating a mid-bullish sentiment among investors for this IPO.

Shanmuga Hospital IPO lot size is 2000 shares, and the allotment status will be finalised on Tuesday, February 18, 2025. The minimum investment for retail investors is 1 lot, which is Rs 1,08,000. The registrar for Shanmuga Hospital IPO is Integrated Registry Management Services Private Limited. The listing date is Thursday, February 20, 2025.

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Shanmuga Hospital IPO GMP Live

Shanmuga Hospital IPO GMP is at Rs 8. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be near at Rs 62 per share as it shows mid bullish sentiment among investors. You can check the latest IPO Grey Market Premium today online.

If the subscription is oversubscribed, then Shanmuga Hospital IPO GMP might rise in the coming days. Shanmuga Hospital IPO GMP Live status will indirectly impact the sentiments of the IPO investors.

Shanmuga Hospital IPO Price Band

Shanmuga Hospital IPO price band is Rs 54 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,08,000 (54 x 2000 shares). However, for the HNI category, the minimum investment amount required is 2,16,000 (54 x 4000 shares).

Shanmuga Hospital Allotment Status

Shanmuga Hospital IPO Allotment status will be available on its registrar Integrated Registry Management Services Private Limited website on Tuesday, February 18, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

Shanmuga Hospital Listing Date

Shanmuga Hospital IPO listing date has been decided on Thursday, February 20, 2025. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Shanmuga Hospital IPO: Listing Date, Lot Size, Issue Size, Price Band

Shanmuga Hospital IPO: About the Company

Shanmuga Hospital Limited, originally founded as Shanmuga Cancer Institute in 1981, is a well-regarded multispecialty hospital based in Salem, Tamil Nadu. With over 20 specialized departments, the hospital delivers comprehensive inpatient and outpatient medical services.

Shanmuga Hospital integrates advanced medical technology across its various departments, including specialized units like Oncology, HDU, and ICU. The hospital also houses modern surgical and diagnostic centres. Teleconsultation services are available, extending its reach to patients beyond its physical location.

Shanmuga Hospital has earned NABH and NABL certifications, showing its commitment to high-quality healthcare. The hospital is led by Dr P P Shanmugam, Dr Prabu Sankar P, and Mrs Jayalakshmi P, who work together to give patients excellent medical care.

Shanmuga Hospital IPO Objectives

Shanmuga Hospital' IPO objectives include utilising the funding received from the fresh issue in to capital expenditure towards purchase of additional medical equipment and rest into general corporate purposes.

Shanmuga Hospital IPO: Key Dates, Allotment, Listing Date

Shanmuga Hospital IPO Lot Size Details

Shanmuga Hospital IPO lot size is set at 2000 shares per lot. The minimum amount required for retail investors to participate in this IPO is Rs 1,08,000 (54 x 2000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,16,000 (54 x 4000 shares).

Shanmuga Hospital IPO Promoter Holdings

Shanmuga Hospital IPO promoter are Dr Panneerselvam Palaniappan Shanmugam, Dr Prabu Sankar Panneerselvam, Dr Priyadharshni Dhandapani, and Mrs. Jayalakshmi Panneerselvam. The promoter's combined shareholdings before the IPO was 100%; however, post-IPO, their shareholdings will decline to 71.95%.

Shanmuga Hospital Limited Financials (Amt in Rs cr)

Lead Manager and Registrar of Shanmuga Hospital IPO

Shanmuga Hospital PO lead manager is Finshore Management Services Limited. The company has appointed Integrated Registry Management Services Private Limited as the registrar for this public issue.

How to apply to the Shanmuga Hospital IPO

Interested investors who want to apply to the Shanmuga Hospital IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.

Shanmuga Hospital IPO FAQs

1. What are the core details available of the Shanmuga Hospital IPO?

Shanmuga Hospital IPO is a fixed price issue worth up to Rs 20.62 crores. The price band for this IPO is Rs 54 per share. This upcoming IPO is offering entirely a fresh issue of up to 38.18 lakh equity shares.

2. What is the Shanmuga Hospital IPO open date and close date?

Shanmuga Hospital IPO subscription opens on Thursday, February 13, 2025, and closes on Monday, February 17, 2025.

3. What is Shanmuga Hospital IPO GMP Live?

Shanmuga Hospital IPO GMP is at Rs 8 indicating mid bullish sentiment among investors. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be near at Rs 62 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

Shanmuga Hospital IPO Allotment status is available on its registrar, Integrated Registry Management Services Private Limited website on the Listing date Thursday, February 20, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers of Shanmuga Hospital IPO?

Shanmuga Hospital IPO lead manager is Finshore Management Services Limited. The company has appointed Integrated Registry Management Services Private Limited as the registrar for this public issue.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?