Shanmuga Hospital IPO Review: Apply or Avoid?
Posted by : sachet | Wed Feb 12 2025
Shanmuga Hospital IPO is now open for bidding on 13th February 2025. It is a fixed-price issue consisting of a fresh issue of 38,18,000 shares worth Rs 20.62 crore. The issue is going to be listed on BSE and SME on its tentative listing date, 20th February 2025.
Shanmuga Hospital IPO
Shanmuga Hospital IPO date is fixed between 13th February 2025 and 17th February 2025. The face value of Shanmuga Hospital Limited shares stands at Rs 10 per share, and the IPO price is set at Rs 54.
Integrated Registry Management Services Private Limited is the registrar of Shanmuga Hospital IPO, responsible for managing the allotment process and refund initiation procedure in the IPO. Download Shanmuga Hospital IPO RHP to get more details on the IPO.
Shanmuga Hospital IPO Details
| IPO Open Date | 13th February 2025 |
| IPO Close Date | 17th February 2025 |
| IPO Allotment Date | 18th February 2025 |
| Refund Initiation | 19th February 2025 |
| Issue Size | 38,18,000 shares (worth Rs 20.62 crore) |
| Face Value | Rs 10 per share |
| Lot Size | 2,000 shares |
| IPO Price | Rs 54 |
| Market Makers Portion | 1,92,000 shares |
| Issue Type | Fixed Price Issue |
| Listing At | BSE & SME |
| Listing Date | 20th February 2025 |
Shanmuga Hospital IPO GMP and Key Details
Shanmuga Hospital IPO is entirely a fresh issue of 38,18,000 shares worth Rs 20.62 crore. Shanmuga Hospital Limited shares will be listed on BSE and SME. Furthermore, the SEBI has specified the share reservation criteria for different investors’ categories. Explore it in the below table.
| Investor Categories | Reservation Required |
| QIB | <50% of total issue |
| Retail Investors | >35% of total issue |
| NII (sNII+bNII) | >15% of total issue |
| Total | 100% |
Note: QIB (Qualified Institutional Buyers), NII (Non-Institutional Investors), sNII (Small Non-Institutional Investors), bNII (Big Non-Institutional Investors).
Shanmuga Hospital IPO GMP Grey Market Premium
GMP is the difference between the fixed price of the issue and the price at which company shares are trading in the grey market. Want to get live updates on Shanmuga Hospital IPO GMP? If yes, then you’ve reached the right place. Have a look at the table below to learn about the GMP trends of Shanmuga Hospital IPO.
| GMP Date | GMP | Estimated Listing Price | Estimated Listing Gains |
| 12-02-2025 | Rs 8 | Rs 62 | 14.81% |
| 11-02-2025 | Rs 8 | Rs 62 | 14.81% |
| 10-02-2025 | Rs 8 | Rs 62 | 14.81% |
| 09-02-2025 | Rs 0 | Rs 54 | 0.00% |
| 08-02-2025 | Rs 0 | Rs 54 | 0.00% |
*Data is updated as of 12th February 2025.
As of now, on 12th February 2025, Shanmuga Hospital IPO GMP stands at Rs 8 per share, which means the share will likely be listed at Rs 62 (54+8) on its tentative listing date, 20th February 2025.
GMP data is subject to change based on market sentiments. You must check the live GMP status before applying for Shanmuga Hospital IPO. Stay informed with Univest to know about live updates on IPOs and their GMP trends.
Shanmuga Hospital IPO Review
Look at the detailed review of Shanmuga Hospital IPO for a deep understanding of its potential to deliver listing gains on 20th February 2025. The Shanmuga Hospital IPO review provided below will also assist you in investing effectively to avoid significant losses in the Indian stock market. Explore to make an informed investment decision on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business financials before applying for any IPO.
The revenue of Shanmuga Hospital Limited stood at Rs 39.50 crore, which increased by 9.84% to Rs 43.39 crore. On the other hand, the PAT of the company was raised by 10.50% from Rs 4.76 crore to Rs 5.26 crore.
Shanmuga Hospital Limited has shown a consistent increase in net worth, indicating that the company has robust growth potential for the coming decades. However, the brokers, experts, RAs, and investors have a positive outlook for Shanmuga Hospital IPO for its tentative listing day, which is 20th February 2025.
Technical Analysis
Many technical parameters are available to assess the potential of a stock to deliver returns. To analyse the technicals of Shanmuga Hospital IPO, use the indicators tabulated below.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 10.05 |
| PB Ratio (Price-to-Book) | 3.09 |
| EPS (Earnings Per Share) | 5.37 |
| RoNW | 30.71% |
| ROE | 30.71% |
| ROCE | 35.89% |
| PAT Margin (Profit After Tax) | 12.13 |
| Market Capitalisation | Rs 73.51 crore |
*Data is updated as of 12th February 2025.
The PE ratio of Shanmuga Hospital Limited shares is 10.05, and its Earnings Per Share stands at 5.37. This indicates that the Shanmuga Hospital IPO can potentially deliver short-term and long-term returns.
Shanmuga Hospital Limited Peer Comparison
| Company Name | Revenue (in cr.) | PE Ratio | Face Value (in Rs) | EPS (in Rs) | RoNW (in %) | Dividend Yield | NAV (in Rs) |
| Shanmuga Hospital Limited | 43.39 | 10.05 | 10 | 5.37 | 30.71% | N/A | 17.49 |
| Family Care Hospitals Limited | 4.24 | -0.97 | 10 | -6.17 | 21.50% | 0.00% | 2.67 |
| Aashka Hospitals Limited | 6.04 | 100.74 | 10 | 1.01 | 14.07% | 0.00% | 41.16 |
| Asarfi Hospital Limited | 44.08 | 42.73 | 10 | 2.11 | 19.16% | 0.00% | 35.78 |
| Max Healthcare Institute Limited | 1,420.08 | 98.40 | 10 | 10.37 | 12.58% | 0.15% | 90.51 |
| Fortis Healthcare Limited | 1,796.10 | 60.40 | 10 | 10.19 | -5.48% | 0.16% | 103.94 |
| Global Health Limited | 825.53 | 76.41 | 2 | 14.61 | 12.14% | 0.00% | 113.50 |
| Sygene International Limited | 933.28 | 58.05 | 10 | 12.46 | 17.28% | 0.17% | 109.20 |
*Data is updated as of 12th February 2025.
Note: The data as mentioned above is taken from authentic sources and highlights pre-issue information. PE ratio and EPS of Shanmuga Hospital Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 10.05 | 11.36 |
| EPS | 5.37 | 4.75 |
*Data is updated as of 12th February 2025.
Shanmuga Hospital IPO Subscription Status
Shanmuga Hospital IPO is now open for bidding on 13th February 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Shanmuga Hospital IPO Subscription Status.
| Investor Category | Shares Offered | Shares Subscribed | Subscription in Times |
| Retail Investors | Yet to be announced | Yet to be announced | Yet to be announced |
| QIB | Yet to be announced | Yet to be announced | Yet to be announced |
| NII (sNII+bNII) | Yet to be announced | Yet to be announced | Yet to be announced |
| Market Maker | 1,92,000 | Yet to be announced | Yet to be announced |
| Total | Yet to be announced | Yet to be announced | Yet to be announced |
*Data is updated as of 12th February 2025.
About Shanmuga Hospital Limited
Shanmuga Hospital Limited was incorporated in 2020 and is recognised as a multispecialty hospital. The hospital is equipped with advanced healthcare technology and a capacity of 151 beds. Moreover, the company has received accreditation from NABH and NABL. It offers high-quality services in the Indian healthcare industry.
It is located in Salem, Tamil Nadu with a span of 45,311 square feet across two different blocks and three floors. Shanmuga Hospitals Limited offers IPD and OPD services with skilled and dedicated team members.
Shanmuga Hospital Limited Financials
Before applying for Shanmuga Hospital IPO, the company’s financial analysis is essential. Look at the table to learn about Shanmuga Hospital Limited’s financials.
| Year Ended | 30th September 2024 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) | 31st March 2022 (in cr.) |
| Assets | 36.53 | 33.92 | 23.05 | 10.65 |
| Revenue | 24.83 | 43.39 | 39.50 | 41.47 |
| Profit After Tax | 2.39 | 5.26 | 4.76 | 6.72 |
| Reserves and Surplus | 9.73 | 7.34 | 11.74 | 6.98 |
| Debt | 9.76 | 9.02 | 7.65 | – |
| Net Worth | 19.53 | 17.13 | 11.82 | 7.06 |
*Data is updated as of 12th February 2025.
Explanation
Shanmuga Hospital Limited has shown a growth of 9.84% in its revenue, estimated at Rs 39.50 crore in March 2022 and Rs 43.39 crore in March 2023. Moreover, the PAT of the company was raised by 10.50% from Rs 4.76.28 crore to Rs 5.26 crore.
Shanmuga Hospital IPO Bidding Requirements
Shanmuga Hospital IPO has reserved minimum or maximum lot sizes to be applied by different investor categories. Explore the table below to learn about the bidding requirements to be fulfilled for applying for this IPO.
| Investor Category | Lots | Shares | Amount (in Rs) |
| Retail (Minimum) | 1 | 2,000 shares | Rs 1,08,000 |
| Retail (Maximum) | 1 | 2,000 shares | Rs 1,08,000 |
| HNIs (Minimum) | 2 | 4,000 shares | Rs 2,16,000 |
Aim of Shanmuga Hospital IPO
The primary aim of Shanmuga Hospital IPO is to raise Rs 20.62 crores. However, the company has decided to utilise these funds in multiple practices. Some of the secondary objectives behind Shanmuga Hospital IPO are mentioned below.
- Meet capital expenditure of the company for purchasing medical equipment.
- General corporate purposes.
Should I Invest in Shanmuga Hospital IPO?
“Shanmuga Hospital Limited is operating in a highly fragmented and competitive segment. According to the current financial position of Shanmuga Hospital Limited, the issue appears to be aggressively priced” ~ Dilip Davda (Chief Editor at Chittorgarh)
Explore the pros and cons of Shanmuga Hospital IPO to make an informed investment decision. These pros and cons will likely help you understand the IPO’s efficiency in delivering profits in the coming years.
Pros of Shanmuga Hospital IPO
- Oncology Presence
- Specialised Equipment (LINAC, CATHLAB, MRI, MODULAR OT)
- Tie-Up with Government and Private Organisations.
Cons of Shanmuga Hospital IPO
- High lot size
How to Apply for Shanmuga Hospital IPO?
Check the steps mentioned below to apply for Shanmuga Hospital IPO.
- Step 1: Conduct thorough research on Shanmuga Hospital IPO GMP, subscription status, issue size, lot size, and other key details.
- Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Bid for one lot of 2,000 shares worth Rs 1,08,000 of Shanmuga Hospital IPO.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for Shanmuga Hospital IPO from more than one demat account to increase your allotment chances.
How to Check Shanmuga Hospital IPO Allotment Status?
You can check your Shanmuga Hospital IPO allotment in different ways. These include BSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On BSE
- Visit the BSE’s Official Website.
- Navigate to the IPO allotment section.
- Select Equity as the issue type.
- Choose Shanmuga Hospital IPO.
- Choose whether to proceed with the PAN number or application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Shanmuga Hospital IPO allotment status.
Let’s Wrap
Shanmuga Hospital IPO is the fixed price issue of 38,18,000 shares worth Rs 20.62 crores. It is entirely a fresh issue. The shares of Shanmuga Hospital Limited will be listed on BSE and SME on its tentative listing date of 20th February 2025. Researching Shanmuga Hospital IPO GMP and reviews are highly recommended to book your ideal listing gains. Brokers and investors have a positive outlook for this IPO and highlighted its pros and cons. Benefits of this IPO include oncology presence, specialised equipment, and government support.
Open a demat account on Univest now to initiate your investment journey. Explore the Univest terms and conditions by clicking on the link.
FAQs on Shanmuga Hospital IPO
How is Shanmuga Hospital IPO?
Ans. Currently, on 12th February 2025, Shanmuga Hospital IPO GMP (Grey Market Premium) stands at Rs 8 (14.81% up). It indicates that the estimated listing price could be Rs 62 per share. It is an offer for sale of 38,18,000 shares worth Rs 20.62 crore. The IPO price is fixed at Rs 54 per share, and the face value of each share is Rs 10.
What is Shanmuga Hospital IPO price?
Ans. Shanmuga Hospital IPO price has been set at Rs 54 per share. Retail investors can apply for a minimum and maximum of 1 lot consisting of 2,000 shares worth Rs 1,08,000. Moreover, HNIs are required to bid for a minimum of 2 lots (2,000 shares) worth Rs 2,88,000.
Is Shanmuga Hospital IPO good?
Ans. During FY2023-24, the revenue of Shanmuga Hospital Limited was increased by 9.84% to reach Rs 43.39 crore. On the other hand, the PAT of the company was raised by 10.50% from Rs 4.76 crore to Rs 5.26 crore. Shanmuga Hospital IPO has gained a positive rating from industry experts, brokers and institutional investors.
Who is the registrar of Shanmuga Hospital IPO?
Ans. Integrated Registry Management Services Private Limited is the registrar of Shanmuga Hospital IPO, awaiting to manage the allotment and refund initiation procedures of the issue. For any query regarding Shanmuga Hospital IPO allotment and refund, you can contact Integrated Registry Management Services Private Limited at einward@integratedindia.in or 044-28140801.
What is the issue size of Shanmuga Hospital IPO?
Ans. Shanmuga Hospital IPO is the fixed price issue for 38,18,000 shares worth Rs 20.62 crore. It is a fresh issue of 38,18,000 shares open on 12th February 2025 and will be closed on 14th February 2025.
Disclaimer: The above information is accumulated from authentic sources and is just for informational purposes. To have detailed information about Shanmuga Hospital IPO, download the Shanmuga Hospital IPO RHP and Shanmuga Hospital IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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