Shanmuga Hospital IPO GMP Today, Date, Price, Subscription Status 

Shanmuga Hospital IPO Overview

Finshore Management Services Limited is the book running  lead manager of the Shanmuga Hospital IPO, while Integrated Registry Management Services Private Limited is the registrarfor the issue.The market maker for Shanmuga Hospital IPO is Black Fox Financial Private Limited.Refer to Shanmuga Hospital IPO RHP for detailed information.

Shanmuga Hospital IPO Important dates

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

IPO Open Date	Thursday, February 13, 2025
IPO Close Date	Monday, February 17, 2025
Basis of Allotment	Tuesday, February 18, 2025
Initiation of Refunds	Wednesday, February 19, 2025
Credit of Shares to Demat	Wednesday, February 19, 2025
Listing Date	Thursday, February 20, 2025
Cut-off time for UPI mandate confirmation	5 PM on February 17, 2025

Shanmuga Hospital IPO Financial Performance

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	36.53	33.92	23.05	10.65
Revenue	24.83	43.39	39.5	41.47
Profit After Tax	3.24	5.26	4.76	6.72
Net Worth	19.53	17.13	11.82	7.06
Reserves and Surplus	9.73	7.34	11.74	6.98
Total Borrowing	9.76	9.02	7.65
Amount in ₹ Crore

Shanmuga Hospital IPO Key Performance Indicator

The market capitalization of Shanmuga Hospital IPO is Rs 73.51 Cr.

KPI as of Sun, Mar 31, 2024.

Shanmuga Hospital IPO Objectives

The Objects of the Issue are:

1. Funding Capital Expenditure towards Purchase of additional Medical Equipment
2. General Corporate Purposes

Shanmuga Hospital IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	2000	₹1,08,000
Retail (Max)	1	2000	₹1,08,000
HNI (Min)	2	4,000	₹2,16,000
Lot Size Calculator

Shanmuga Hospital IPO Details

IPO Date	February 13, 2025 to February 17, 2025
Listing Date	[.]
Face Value	₹10 per share
Price	₹54 per share
Lot Size	2,000 Shares
Total Issue Size	38,18,000 shares (aggregating up to ₹20.62 Cr)
Fresh Issue	38,18,000 shares (aggregating up to ₹ 20.62 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	BSE SME
Share Holding Pre Issue	97,95,000 shares
Share Holding Post Issue	1,36,13,000 shares
Market Maker Portion	1,92,000 shares Black Fox Financial Private Limited

Shanmuga Hospital IPO Company Overview and Services

Incorporated in 2020, Shanmuga Hospital Limited is a Multispecialty Hospital.

Shanmuga Hospital is equipped with advanced healthcare technology and having 151 bed capacity, it addresses the community’s medical needs, serving patients from nearby regions.

Accredited by NABH and NABL, the hospital is dedicated to providing high-quality healthcare services, including prevention, treatment, and rehabilitation.

Located at 51/24 Saradha College Road, Salem, Tamil Nadu, the hospital spans 45,311 square feet across two blocks and three floors, offering IPD and OPD services with a dedicated team.

Hospital Units:

• Shanmuga Pharmacy & Diagnostics:
  The hospital operates Shanmuga Pharmacy, providing medications to OPD and IPD patients. Shanmuga Diagnostics offers reliable pathology services for accurate medical evaluations and treatment planning.
• Shanmuga Clinics:
  The hospital extends services through Shanmuga Clinics, providing specialized consultations and treatments in Salem. Critical patients are transferred to the main hospital for advanced care when necessary.

Services: Oncology, General Surgery, Orthopaedics, Cardiology,General Medicine, Paediatrics & Neonatology, Neurology, Endocrinology & Diabetes Department, Plastic Surgery, Respiratory Medicine.

As on August 31, 2024, the hospital had 72 doctors, out of whom 9 doctors were Resident Doctors, 7 Junior Doctors, 28 Senior Consulting Doctors and 28 Consulting Visiting Doctors.

Competitive Strengths:

• Oncology Presence
• Rich experience of promoters of over four decades
• Cost Affordable to Regional Population
• Specialized Equipment like LINAC, CATHLAB, MRI, MODULAR OT
• Tie-up with Government and Private Insurance Companies

Shanmuga Hospital IPO SWOT Analysis

Strengths:

• Established Reputation: Shanmuga Hospital has a strong reputation as a leading multi-specialty facility in Salem and surrounding regions. This established brand can attract patients and investors alike.
• NABH and NABL Accreditation: Accreditation from NABH (National Accreditation Board for Hospitals & Healthcare Providers) and NABL (National Accreditation Board for Testing and Calibration Laboratories) ¹ demonstrates the hospital’s commitment to quality and high standards of healthcare. This can increase patient trust and confidence.   
• Comprehensive Services: The hospital offers a wide range of medical services, from preventive care to rehabilitation, covering various specialties. This comprehensive approach caters to diverse healthcare needs and can attract a larger patient base.
• Modern Infrastructure and Technology: Shanmuga Hospital is equipped with cutting-edge healthcare technology and modern infrastructure, including advanced diagnostic facilities and modular operating theaters. This enables the hospital to provide high-quality care and attract skilled medical professionals.
• Experienced Medical Professionals: The hospital has a team of experienced doctors, including senior consultants, visiting doctors, and resident doctors. This expertise ensures quality medical care and can contribute to positive patient outcomes.

Weaknesses:

• Limited Bed Capacity: With a 151-bed capacity, the hospital might face limitations in accommodating a large number of patients, especially during peak seasons or outbreaks. This could restrict revenue growth and expansion potential.
• Regional Focus: The hospital primarily serves patients from Salem and surrounding regions. This regional focus might limit its growth potential compared to hospitals with a wider geographic reach.
• Competition: The healthcare industry is competitive, with the presence of other established hospitals and new entrants. Shanmuga Hospital needs to differentiate itself to attract and retain patients.
• Dependence on Skilled Professionals: The hospital’s operations rely heavily on skilled medical professionals. Any shortage of qualified doctors or staff could impact the quality of care and operational efficiency.

Opportunities:

• Increasing Healthcare Demand: The demand for quality healthcare services is rising due to factors like an aging population, increasing prevalence of chronic diseases, and growing health awareness. This trend presents significant growth opportunities for the hospital.
• Expansion of Services: Shanmuga Hospital can expand its services by introducing new specialties, investing in advanced technology, and offering specialized care programs. This can attract more patients and increase revenue streams.
• Strategic Partnerships: Collaborating with other healthcare providers, insurance companies, or research institutions can help the hospital expand its reach, improve service delivery, and enhance its reputation.
• Focus on Technology and Innovation: Embracing telemedicine, digital health solutions, and data analytics can improve operational efficiency, enhance patient experience, and provide personalized care.

Threats:

• Rising Operating Costs: The healthcare industry faces increasing operating costs due to factors like rising medical equipment costs, increasing salaries for medical professionals, and regulatory compliance expenses. This could impact the hospital’s profitability.
• Regulatory Changes: Changes in healthcare regulations, licensing requirements, or reimbursement policies can create challenges for the hospital and impact its operations.
• Economic Downturn: An economic downturn can affect people’s ability to afford healthcare services, potentially reducing patient volumes and impacting the hospital’s revenue.
• Competition from Larger Players: Larger hospital chains with greater resources and wider networks can pose a threat to Shanmuga Hospital’s growth and market share.

Shanmuga Hospital IPO GMP Details

What is IPO GMP?

The grey market premium (GMP) reflects the unofficial trading price of an IPO before its listing, offering insights into its potential market performance. A positive GMP indicates that the IPO may yield profits, while a negative GMP suggests a possible discount upon listing. However, it’s essential to recognize that IPO GMP can be highly volatile. Therefore, investors should not make decisions solely based on the GMP but should thoroughly assess all relevant factors before investing.

Shanmuga Hospital IPO Subscription Status 

Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

Shanmuga Hospital IPO Allotment status 

Shanmuga Hospital IPO allotment is expected on Tuesday, February 18, 2025.

Shanmuga Hospital IPO allotment status is not available at this time. Shanmuga Hospital IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Shanmuga Hospital Limited IPO allotment status.

Shanmuga Hospital IPO Contact Details

Shanmuga Hospital Limited
51/24,
Saradha College Road,
Salem, 636007
Phone: +91 427 2706674
Email: cs@smrft.org
Website: http://www.shanmugahospital.com/

Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.

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