Shanmuga Hospital IPO: Key Details and Financial Insights
Shanmuga Hospital, a prominent multi-specialty healthcare provider based in Salem, Tamil Nadu, is set to launch its Initial Public Offering (IPO) on February 13, 2025. The IPO will close on February 17, 2025. This fixed price issue aims to raise approximately ₹20.62 crores, comprising a fresh issue of the same amount. The shares are priced at ₹54 each, with a face value of ₹10 per share. The hospital plans to list on the BSE SME platform on February 20, 2025.
Shanmuga Hospital IPO Details
The IPO is structured as follows:
- IPO Open Date: February 13, 2025
- IPO Close Date: February 17, 2025
- Face Value: ₹10 per equity share
- IPO Price Band: ₹54 per share
- Issue Size: Approximately ₹20.62 crores
- Fresh Issue: Approximately ₹20.62 crores
- Issue Type: Fixed Price Issue
- IPO Listing: BSE SME
- Retail Quota: Not more than 50%
- NII (Non-Institutional Investors) Quota: Not more than 50%
Shanmuga Hospital Market Lot
Investors can subscribe to the IPO in lots, with the minimum market lot set at 2,000 shares, amounting to an application value of ₹1,08,000.
Shanmuga Hospital IPO Application Details:
| Application Type | Lot Size | Number of Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 1 | 2,000 | 1,08,000 |
| Retail Maximum | 1 | 2,000 | 1,08,000 |
| S-HNI Minimum | 2 | 4,000 | 2,16,000 |
Shanmuga Hospital IPO Timeline
The key dates for the IPO are as follows:
- IPO Open Date: February 13, 2025
- IPO Close Date: February 17, 2025
- Basis of Allotment: February 18, 2025
- Refunds Initiation: February 19, 2025
- Credit to Demat Account: February 19, 2025
- IPO Listing Date: February 20, 2025
Shanmuga Hospital IPO Promoters
The hospital is promoted by:
- Dr. Panneerselvam Palaniappan Shanmugam
- Dr. Prabu Sankar Panneerselvam
- Dr. Priyadharshni Dhandapani
- Mrs. Jayalakshmi Panneerselvam
About Shanmuga Hospital
Established in 1981 as Shanmuga Cancer Institute, the hospital has evolved into a leading multi-specialty institution in Salem and its surrounding districts. It offers over 20 specialties, including Oncology, Cardiac Care, Intensive Care, and Neonatal Intensive Care. The facility is equipped with modern medical equipment and staffed by experienced professionals, ensuring comprehensive healthcare services. citeturn0search0
Shanmuga Hospital IPO Financial Performance
The hospital’s financial trajectory has been noteworthy:
- FY 2022: Revenue of ₹41.47 crores; Profit After Tax (PAT) of ₹6.72 crores.
- FY 2023: Revenue of ₹39.5 crores; PAT of ₹4.76 crores.
- FY 2024: Revenue of ₹43.39 crores; PAT of ₹5.26 crores.
These figures indicate a consistent revenue stream with slight fluctuations in profit margins.
Shanmuga Hospital IPO Valuation Metrics for FY 2024
Key financial ratios include:
- Return on Equity (ROE): 30.71%
- Return on Capital Employed (ROCE): 35.89%
- EBITDA Margin: 19.61%
- PAT Margin: 12.13%
- Debt to Equity Ratio: 0.53
- Earnings Per Share (EPS): ₹5.37
- Price/Earnings (P/E) Ratio: 10.06
- Net Asset Value (NAV): ₹17.49
Shanmuga Hospital IPO Peer Comparison
When compared to peers:
- Asarfi Hospital Limited: EPS of 2.33; PE Ratio of 37.77; RoNW of 5.98%; NAV of 35.81; Income of ₹84.40 crores.
- Family Care Hospitals Limited: EPS of 2.32; PE Ratio of 2.59; RoNW of 21.50%; NAV of 10.81; Income of ₹40.01 crores.
- Aashka Hospitals Limited: EPS of 1.01; PE Ratio of 98.37; RoNW of 2.45%; NAV of 41.20; Income of ₹22.87 crores.
Shanmuga Hospital’s financial metrics position it competitively within the industry.
Shanmuga Hospital IPO FAQs
1. What is Shanmuga Hospital IPO?
Shanmuga Hospital IPO is an SME IPO aiming to raise ₹20.62 crores through a fixed price issue at ₹54 per share. The IPO will be listed on the BSE SME exchange on February 20, 2025.
2. When will Shanmuga Hospital IPO open for subscription?
The IPO will open for subscription on February 13, 2025, and will close on February 17, 2025.
3. What is the issue size of Shanmuga Hospital IPO?
The total issue size is ₹20.62 crores, consisting of a fresh issue of ₹20.62 crores.
4. What is the price band of Shanmuga Hospital IPO?
The IPO price is ₹54 per equity share with a face value of ₹10 per share.
5. What is the minimum investment required for the IPO?
The minimum application is for 2,000 shares, requiring an investment of ₹1,08,000.
6. How is the IPO quota allocated for investors?
- Retail Investors: 50%
- Non-Institutional Investors (NII): 50%
- Qualified Institutional Buyers (QIB): Not specified
7. When will Shanmuga Hospital IPO allotment be finalized?
The basis of allotment will be finalized on February 18, 2025.
8. When will investors receive refunds for unallocated shares?
Refunds will be processed on February 19, 2025 for unsuccessful applicants.
9. When will the IPO shares be credited to investors’ Demat accounts?
Shares will be credited to the Demat accounts on February 19, 2025.
10. When will Shanmuga Hospital IPO be listed?
The IPO is scheduled for listing on BSE SME on February 20, 2025.
11. How to apply for Shanmuga Hospital IPO?
You can apply for Shanmuga Hospital IPO through:
✅ ASBA (Application Supported by Blocked Amount) via your bank’s online net banking portal.
✅ UPI-based applications via stockbrokers like Zerodha, Upstox, Angel One, etc.
✅ Offline applications through registered stockbrokers.
12. What are the objectives of Shanmuga Hospital IPO?
The IPO proceeds will be used for:
🔹 Purchase of additional medical equipment
🔹 General corporate purposes
13. Who are the promoters of Shanmuga Hospital?
The company is promoted by:
- Dr. Panneerselvam Palaniappan Shanmugam
- Dr. Prabu Sankar Panneerselvam
- Dr. Priyadharshni Dhandapani
- Mrs. Jayalakshmi Panneerselvam
14. Who is the registrar for Shanmuga Hospital IPO?
The registrar for this IPO is:
Integrated Registry Management Services Private Limited
- Phone: 044 – 28140801 to 28140803
- Email: smeipo@integratedindia.in
- Website: Integrated Registry
15. Who is the lead manager for Shanmuga Hospital IPO?
The lead manager (merchant banker) for this IPO is:
Finshore Management Services Limited
16. Where is Shanmuga Hospital located?
📍 Shanmuga Hospital Limited
51/24, Saradha College Road, Salem – 636007, Tamil Nadu, India
📞 Phone: +91 427 2706674
📧 Email: cs@smrft.org
🌐 Website: www.shanmugahospital.com
📢 Final Note:
Shanmuga Hospital IPO has strong financials, growth potential, and experienced promoters in the healthcare sector. Investors looking for long-term gains may consider applying. However, always evaluate financials and consult experts before making investment decisions.