Broach Lifecare Hospital Limited IPO (Broach Lifecare Hospital IPO) Date, Price, GMP & Allotment 2024

Broach Lifecare Hospital Limited IPO Overview

Broach Lifecare Hospital is launching an IPO with a fixed price issue of ₹4.02 crores. This IPO is a fresh issue of 16.08 lakh shares, priced at ₹25 per share.

The IPO opens for subscription on August 13, 2024, and closes on August 16, 2024. The allotment of shares is expected to be finalized on August 19, 2024. The shares will be listed on the BSE SME, with a tentative listing date set for August 21, 2024.

Fedex Securities Pvt Ltd is the book-running lead manager for this IPO, while Kfin Technologies Limited serves as the registrar. After the trade, Broking is the market maker for the issue.

Broach Lifecare Hospital Limited IPO Important dates

Broach Lifecare Hospital IPO opens on August 13, 2024, and closes on August 16, 2024.

IPO Open Date	Tuesday, August 13, 2024
IPO Close Date	Friday, August 16, 2024
Basis of Allotment	Monday, August 19, 2024
Initiation of Refunds	Tuesday, August 20, 2024
The credit of Shares to Demat	Tuesday, August 20, 2024
Listing Date	Wednesday, August 21, 2024
Cut-off time for UPI mandate confirmation	5 PM on August 16, 2024

Broach Lifecare Hospital Limited Financial Performance

Financial Metric	Amount (₹ Crores)
Assets	5.72
Revenue	2.61
Profit After Tax	0.70
Net Worth	5.47
Reserves and Surplus	1.01

Key Performance Indicator

The market capitalization of Broach Lifecare Hospital IPO is Rs 15.18 Cr.

KPI as of March 31, 2024.

KPI	Values
ROE	12.75%
ROCE	12.77%
RoNW	12.75%
P/BV	2.04
PAT Margin (%)	26.77

Broach Lifecare Hospital IPO Objectives

The company proposes to utilize the Net Proceeds from the Issue towards the following objects:

Purchase of Machineries;
Development of a Medical Tourism Web Portal; and
General Corporate Purpose

Broach Lifecare Hospital Limited IPO Details

IPO Date	August 13, 2024 to August 16, 2024
Listing Date	[.]
Face Value	₹10 per share
Price	₹25 per share
Lot Size
Total Issue Size	1,608,000 shares (aggregating up to ₹4.02 Cr)
Fresh Issue	1,608,000 shares (aggregating up to ₹4.02 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	BSE SME
Shareholding pre-issue	4,462,380
Shareholding post issue	6,070,380
Market Maker portion	84,000 shares

Broach Lifecare Hospital Limited IPO GMP Details

Broach Lifecare Hospital SME IPO last GMP is ₹0, last updated Aug 14th, 2024 01:32 PM. With a price band of 25.00, Broach Lifecare Hospital SME IPO’s estimated listing price is ₹25 (cap price + today’s GMP). The expected percentage gain/loss per share is 0.00%.

We update GMP daily and based on the last 7 sessions of grey market activities, today’s IPO GMP trend, no major movement is observed in GMP, expect the same trend till listing day. Stay with us to know the daily price trend of Broach Lifecare Hospital SME IPO GMP with an expected listing price.

GMP Date	IPO Price	GMP	Sub2 Sauda Rate	Estimated Listing Price	Last Updated
14-08-2024	25.00	₹0	—	₹25 (0%)	14-Aug-2024 13:32
13-08-2024 Open	25.00	₹0	—	₹25 (0%)	13-Aug-2024 23:25
12-08-2024	25.00	₹0	—	₹25 (0%)	12-Aug-2024 23:32

Broach Lifecare Hospital Limited IPO subscription status

Broach Lifecare Hospital IPO subscribed 23.96 times. The public issue subscribed 42.89 times in the retail category, [.] times in QIB, and 5.03 times in the NII category by August 14, 2024.

Investor Category	Subscription (times)	Shares Offered*	Shares bid for	Total Amount (Rs Cr.)*
Market Maker	1	84,000	84,000	0.21
Non-Institutional Buyers***	5.03	7,62,000	38,34,000	9.59
Retail Investors	42.89	7,62,000	3,26,82,000	81.71
Total **	23.96	15,24,000	3,65,16,000	91.29

Broach Lifecare Hospital Limited IPO Allotment status

The allotment of Broach Lifecare Hospital SME IPO shares worth ₹4.02 Cr is to be finalized/declared on 19th Aug 2024 and the shares are expected to be listed on 21st Aug 2024. Anyone who has applied for the Broach Lifecare Hospital public issue can check the allotment status online on the registrar’s official website. Check out the Broach Lifecare Hospital SME IPO Allotment URL and a step-by-step guide on how to check allotment status online.