SHANMUGA HOSPITAL LIMITED

13 Feb 2025 - 17 Feb 2025 Individual Category SME BSE

Min Investment

₹108000

Price Band

₹54

Issue Size

38.18 lakhs
Equity Shares

Lot Size

2000

IPO Dates
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13 Feb 2025

Open Date

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17 Feb 2025

Close Date

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18 Feb 2025

Allotment Date

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20 Feb 2025

Listing Date

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.

Know Before Investing

Strengths icon

  • NABH and NABL accredited facility with advanced healthcare technology.
  • Strong medical team of 72 doctors across specialties.
  • Comprehensive services including pharmacy and diagnostic facilities.

Weaknesses icon

  • Limited geographic presence with single location in Salem.
  • Relatively new institution established only in 2020.
  • Small capacity with only 151 beds for multispecialty care.

About Shanmuga Hospital Limited

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.

Founded

1981

Managing Director

Panneerselvam Palaniappan Shanmugam

Parent Organization

-

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.

Company Promoters

Dr Panneerselvam Palaniappan Shanmugam

Dr Prabu Sankar Panneerselvam

Dr Priyadharshni Dhandapani

Jayalakshmi Panneerselvam

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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