Sangani Hospitals IPO GMP Details
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Established in 2021, Sangani Hospitals Limited is a distinguished healthcare organization with a rich history. The journey began in 2001 with the inception of Sangani Hospital in Keshod. Operating in the Keshod and Veraval regions of Gujarat, Sangani Hospitals stands as a multifaceted healthcare provider.
The visionary minds behind Sangani Hospitals are Dr. Ajaykumar Natwarlal Sangani, MBBS, DLO & MS(E.N.T.), and his brother Dr. Rajeshkumar Natwarlal Sangani, MBBS & MD. With almost two decades of medical practice, their expertise is the cornerstone of the organization.
Sangani Hospitals offers a comprehensive range of specialized departments and units, including:
ENT Department, OBST-Gynec Department, Dialysis Unit, Orthopedic Department, Joint Replacement, General Surgery Department, Urosurgery, Trauma Unit, Dental Surgery Department, Physiotherapy Unit, Laparoscopic Surgery, and more.
Presently, Sangani Hospitals extends its specialized and supportive services through two hospitals: Sangani Hospital in Keshod, Junagadh, Gujarat, and Sangani Super Speciality Hospital in Veraval, Gujarat.
Objects of the Issue
The purpose of this offering is to deploy the raised funds for the following aims:
- To facilitate capital expenditure for the expansion of Sangani Hospital located in Keshod, Gujarat.
- To facilitate capital expenditure for the expansion of Sangani Super Speciality Hospital situated in Veraval, Gujarat.]
- For general corporate purposes.
Sangani Hospitals IPO Details
Sangani Hospitals IPO is a Book Built Issue. The IPO total issue size is Rs 15.17 Cr. The Sangani Hospitals IPO price is ₹37 to ₹40 per share. The IPO will list on NSE SME.
IPO Date | Aug 4, 2023 to Aug 8, 2023 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price | ₹37 to ₹40 per share |
Lot Size | 3000 Shares |
Total Issue Size | 3,792,000 shares (aggregating up to ₹15.17 Cr) |
Fresh Issue | 3,792,000 shares (aggregating up to ₹[.] Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 9,984,990 |
Share holding post issue | 13,776,990 |
Market Maker portion | 192,000 shares Rikhav Securities |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Sangani Hospitals IPO Reservation
Sangani Hospitals IPO a total of 3,792,000 shares are offered. QIB: 360,000 (9.49%), RII: 1,620,000 (42.72%), NII: 1,620,000 (42.72%).
Anchor Investor Shares Offered | – |
Market Maker Shares Offered | 192,000 (5.06%) |
QIB Shares Offered | 360,000 (9.49%) |
NII (HNI) Shares Offered | 1,620,000 (42.72%) |
Retail Shares Offered | 1,620,000 (42.72%) |
Total Shares Offered | 3,792,000 (100%) |
Sangani Hospitals IPO Lot Size
The minimum lot size of this Sangani Hospitals IPO is 3000 shares required is ₹120,000.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 3000 | ₹120,000 |
Retail (Max) | 1 | 3000 | ₹120,000 |
HNI (Min) | 2 | 6,000 | ₹240,000 |
Sangani Hospitals IPO Dates
Sangani Hospitals IPO opens on Aug 4, 2023, and closes on Aug 8, 2023.
IPO Open Date | Friday, 4 August 2023 |
IPO Close Date | Tuesday, 8 August 2023 |
Basis of Allotment | Friday, 11 August 2023 |
Initiation of Refunds | Monday, 14 August 2023 |
Credit of Shares to Demat | Wednesday, 16 August 2023 |
Listing Date | Thursday, 17 August 2023 |
Cut-off time for UPI mandate confirmation | 5 PM on Aug 8, 2023 |
Sangani Hospitals Limited Financial Report
Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
---|---|---|---|---|
Assets | 330.36 | 299.20 | 705.45 | 1,959.01 |
Revenue | 446.47 | 498.21 | 420.63 | 1,576.24 |
Profit After Tax | 22.81 | 79.06 | 105.35 | 148.37 |
Net Worth | 183.35 | 168.79 | 501.60 | 1,797.29 |
Reserves and Surplus | – | 168.83 | 106.78 | 798.79 |
Total Borrowing | 34.72 | 34.57 | – | 10.08 |
Key Performance Indicator of Sangani Hospitals
Sangani Hospitals IPO Market Cap is Rs 55.11 Cr and P/E (x) is 37.03.
KPI | Values |
---|---|
P/E (x) | 37.03 |
Market Cap (₹ Cr.) | 55.11 |
ROCE | 11.26% |
EPS (Rs) | 3.47 |
RoNW | 35.75% |
Sangani Hospitals IPO Promoter Holding
Dr. Ajaykumar Sangani, Dr. Rajeshkumar Sangani, Kamalkumar Sangani and Dr. Vaishali Sangani are the Promoters of the company.
Pre Issue Share Holding | 100.00% |
Post Issue Share Holding | – |
Sangani Hospitals Contact Information
Sangani Hospitals Limited
Sainath Society, Opp. S. T., KSD T,
Village – Keshod, Taluka – Keshod,
Junagadh – 362220
Phone: 02871-23 5900
Email: cs@sanganihospitals.com
Website: http://www.sanganihospitals.com/
Sangani Hospitals IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Sangani Hospitals IPO FAQs
What is Sangani Hospitals IPO?
Sangani Hospitals IPO is a SME IPO offering 3,792,000 equity shares with a face value of ₹10, aggregating up to ₹15.17 Crores. The IPO is priced in the range of ₹37 to ₹40 per share. The minimum order quantity is 3000 Shares.
The IPO opens on August 4, 2023, and closes on August 8, 2023.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on the NSE SME.
How to apply for Sangani Hospitals IPO through Zerodha?
Zerodha customers can apply for Sangani Hospitals IPO online using UPI as a payment gateway. To apply through Zerodha, follow these steps:
1. Visit the Zerodha website and log in to Console.
2. Go to the Portfolio section and click on the IPOs link.
3. Find the ‘Sangani Hospitals IPO’ row and click the ‘Bid’ button.
4. Provide your UPI ID, Quantity, and Price.
5. Submit the IPO application form.
6. Approve the mandate using the UPI App (net banking or BHIM).
For more detailed instructions, you can visit Zerodha’s IPO Application Process Review.
When will Sangani Hospitals IPO open?
The Sangani Hospitals IPO is scheduled to open on August 4, 2023, and will close on August 8, 2023.
What is the lot size of Sangani Hospitals IPO?
The lot size for Sangani Hospitals IPO is 3000 Shares, requiring a minimum investment of ₹120,000.
How to apply for Sangani Hospitals IPO?
You can apply for Sangani Hospitals IPO online using UPI or ASBA as the payment method. ASBA IPO application can be made through the net banking of your bank account. UPI IPO application is provided by brokers not offering banking services. You can find more detailed information about applying for IPO online through platforms like Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank.
When will Sangani Hospitals IPO allotment take place?
The finalization of the Basis of Allotment for Sangani Hospitals IPO is expected to be done by Friday, August 11, 2023. The allotted shares will be credited to your demat account by Wednesday, August 16, 2023. You can check the Sangani Hospitals IPO allotment status.
When is Sangani Hospitals IPO listing date?
The listing date for Sangani Hospitals IPO has not been announced yet. The tentative date for Sangani Hospitals IPO listing is Thursday, August 17, 2023.