Shanmuga Hospital Ltd

Shanmuga Hospital Ltd IPO

IPO Price Range: ₹54 - 54

Shanmuga Hospital Limited, a Multispecialty Hospital, is strategically established in Salem, Tamil Nadu. Equipped with advanced healthcare technology and having 151 bed capacity, it addresses the communitys medical needs, serving patients from nearby regions. Accredited by the National Accreditation Board for Hospitals and Healthcare (NABH Accredited) and National Accreditation Board for Testing and Calibration Laboratories (NABL Accredited), our hospital is committed to high-quality healthcare services, including prevention, treatment, and rehabilitation.

Min Investment

₹1,08,000

IPO Status

Live

Quantity in 1 Lot

2000

Max Bid allowed

1

Listing Exchange

BSE

IPO Application Timeline of Shanmuga Hospital Ltd

upcoming
Open Date13 Feb 2025
Close Date17 Feb 2025
Allotment Date18 Feb 2025
Listing Date21 Feb 2025

Key Statistics

Bid Opening DateBid Opening Date13 Feb 2025
Bid Closing DateBid Closing Date17 Feb 2025
Allotment DateAllotment Date18 Feb 2025
Quantity in 1 lotQuantity in 1 lot2000
Min InvestmentMin Investment₹1,08,000

Strengths and Risks of Shanmuga Hospital Ltd IPO

Strengths

Strengths

  • Established and proven track record.

  • Leveraging the experience of our Promoters.

  • Experienced management team and a motivated and efficient work force.

  • Cordial relations with our customers.

  • Quality Assurance & Control.


Risks

Risks

  • Our Company, Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financialcondition

  • Our Company has limited operating history, and therefore investors may not be able to assess our prospects on the basis of historical results.

  • We are highly dependent on our healthcare professionals, including doctors, nurses that we engage on a consultancy basis, and our business and financial results could be impacted if we are not able to attract and retain such healthcare professionals.

  • Our Company is yet to place orders for medical equipment proposed to be installed at our hospital. Any delay in placing orders or procurement of such equipment may delay the schedule of implementation and possibly increase the cost of commencing operations.

  • We generate certain revenues from the arrangements with government sponsored health schemes, any adverse change in these regulations/government policies related to such schemes may adversely affect our business, results of operations, cash flows and prospects.

  • Delay in receipt of payment from our patients / customers may affect our cash flows, which may, in turn affect our financial condition and results of operations.

  • Our indebtedness and the conditions and restrictions imposed by our financing arrangements may limit our ability to grow our business and adversely impact our business.

  • Changes in healthcare laws, rules and regulations may materially adversely affect our business

  • Our Company had negative cash flow in recent fiscals, details of which are given below. Sustained negative cash flow could adversely impact our business, financial condition and results of operations.

  • There are certain instances of delays in the past with ROC/Statutory Authorities.

Promoters Holding

Investors Holdings %
Paneerselvam Palaniappan Shanm24.81%
Prabhu Sankar Paneerselvam24.81%
Priyadharshni Dhandapani24.81%
Jayalakshmi Paneerselvam24.81%

Frequently Asked Questions of Shanmuga Hospital Ltd IPO

  • What is 'pre-apply' for Shanmuga Hospital Ltd IPO?

    'Pre-apply' for Shanmuga Hospital Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Shanmuga Hospital Ltd IPO order be placed?

    Your Shanmuga Hospital Ltd IPO order will be placed on 13 Feb 2025.

  • What are the open and close dates of the Shanmuga Hospital Ltd IPO?

    The open and close dates of the Shanmuga Hospital Ltd IPO are 13 Feb 2025 to 17 Feb 2025.

  • What is the lot size and minimum order quantity of the Shanmuga Hospital Ltd IPO?

    The lot size and minimum order quantity of the Shanmuga Hospital Ltd IPO are 2000 and 2000 respectively.

  • What would be the listing gains on the Shanmuga Hospital Ltd IPO?

    The potential listing gains on the Shanmuga Hospital Ltd IPO will depend on various market factors and cannot be predicted with certainty.