Sangani Hospitals Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

04 Aug 2023

Close Date

08 Aug 2023

Allotment

11 Aug 2023

Listing Date

17 Aug 2023

Exchange

NSE SME

Price Band

₹40

Listing Price

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Allotment Status

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Price Band

₹40

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

37,92,000 shares (aggregating up to ₹15.17 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹120,000

1 lot

Pre-IPO Holding

99,84,990 shares

Promoters

Post-IPO Holding

1,37,76,990 shares

Promoters

P/E (Pre)

37.03x

EPS (Pre)

₹3.47

UPI Deadline

2023-08-08

Mandate

Anchor AllotmentThu, 03 Aug 2023

Basis of AllotmentFri, 11 Aug 2023

Refund InitiationMon, 14 Aug 2023

Demat CreditWed, 16 Aug 2023

Listing DayThu, 17 Aug 2023

UPI Mandate Deadline2023-08-08

Sale TypeFresh Capital

Net Offer to Public36,00,000 shares (aggregating up to ₹14.40 Cr)

Market Maker Quota1,92,000 shares (aggregating up to ₹0.7680 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Sangani Hospitals Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 08 Aug 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	192,000	—	₹0.77
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,792,000	100%	₹15.17

IPO Shares Offered

Sangani Hospitals Ltd. IPO total issue size: ₹15.17 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	192,000	₹0.77	5.06%
Total	3,792,000	₹15.17	100.00%

* Based on upper price band ₹40 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹40.00

Upper Band

Min Investment

₹120,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹240,000
Retail (Max — 13 Lots)	13	39,000	₹1,560,000
S-HNI (Min — 14 Lots)	14	42,000	₹1,680,000
B-HNI (Min — 68 Lots)	68	204,000	₹8,160,000

* Issue Price ₹40 × Lot Size 3,000 shares

IPO Schedule

Anchor

03 Aug 2023

✓ Done

IPO Open

04 Aug 2023

✓ Done

IPO Close

08 Aug 2023

✓ Done

Allotment

11 Aug 2023

✓ Done

Refunds

14 Aug 2023

✓ Done

Demat Credit

16 Aug 2023

✓ Done

Listing Day

17 Aug 2023

✓ Done

₹40.00

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Issue ₹40.00 Live Price

About Sangani Hospitals Ltd.

Incorporated in 2021, Sangani Hospitals Limited is a healthcare organization. They embarked on their journey in 2001 with the establishment of Sangani Hospital in Keshod. Sangani Hospitals is a multi-specialty healthcare provider operating in the Keshod and Veraval regions of Gujarat.Sangani Hospitals is promoted by Dr. Ajaykumar Natwarlal Sangani, MBBS, DLO & MS(E.N.T.), and his brother Dr. Rajeshkumar Natwarlal Sangani, MBBS & MD. They have been in the medical practice for nearly two decades.The organization offers its specialty in a variety of departments and unit, 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 so on.Sangani Hospitals at present offers its specialty services and other support services out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat and Sangani Super Speciality Hospital, Veraval, Gujarat.

Objects of the Issue

To carry out the capital expenditure for expansion in Sangani Hospital at Keshod, Gujarat

To carry out the capital expenditure for expansion in Sangani Super Speciality Hospital at Veraval, Gujarat

General corporate purposes

Sangani Hospitals Ltd. Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹498.2

31 Mar 2021

₹420.6

31 Mar 2022

₹1,576.2

31 Mar 2023

Profit After Tax (PAT)

₹79.1

31 Mar 2021

₹105.4

31 Mar 2022

₹148.4

31 Mar 2023

Particulars	31 Mar 2023	31 Mar 2022	31 Mar 2021
Revenue from Operations	1576.24	420.63	498.21
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	148.37	105.35	79.06
Net Worth	1797.29	501.60	168.79
Total Assets	1959.01	705.45	299.20
Reserves & Surplus	798.79	106.78	168.83
Borrowings	34.57	N/A	10.08
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoCE

11.26%

RoNW

35.75%

Issue Structure & Shareholding

Total Shares Offered37,92,000 (100.00%)

Net Offer to Public36,00,000 shares (aggregating up to ₹14.40 Cr)

Reserved for Market Maker1,92,000 shares (aggregating up to ₹0.7680 Cr)

Pre-Issue Promoter Holding99,84,990 shares

Post-Issue Promoter Holding1,37,76,990 shares

P/BV RatioN/A

RoEN/A

RoCE11.26%

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Unistone Capital Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Sangani Hospitals Ltd. IPO subscribed? ▲

Sangani Hospitals Ltd. IPO is subscribed 1.00 times by Aug 08, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Sangani Hospitals Ltd. IPO retail subscription status? ▼

The Sangani Hospitals Ltd. IPO retail category is subscribed 1.00 times as of 08 Aug 2023. The retail portion is oversubscribed.

How to subscribe Sangani Hospitals Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 04 Aug 2023 and closes 08 Aug 2023. Min investment: ₹120,000 (1 lot = 3,000 shares). UPI mandate: 2023-08-08.

How many times Sangani Hospitals Ltd. IPO subscribed? ▼

The Sangani Hospitals Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sangani Hospitals Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 11 Aug 2023. Refunds: on 14 Aug 2023.

When Sangani Hospitals Ltd. IPO will be listed? ▼

The Sangani Hospitals Ltd. IPO listing date is 17 Aug 2023, Thursday. Listed on: NSE SME. Issue price: ₹40. Estimated listing: ₹40. GMP: NIL.

When Sangani Hospitals Ltd. IPO close? ▼

The Sangani Hospitals Ltd. IPO closes on 08 Aug 2023, Tuesday. UPI mandate: 2023-08-08. Allotment: 11 Aug 2023. Listing: 17 Aug 2023.

Quick Actions

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Live Price LIVE

Last Price₹40.00

Change—

Issue Price₹40.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹40

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹120,000

GMPNIL

Est. Listing₹40

Subscribed1.00x

Open Date04 Aug 2023

Close Date08 Aug 2023

Allotment11 Aug 2023

Listing Date17 Aug 2023

ExchangeNSE SME

UPI Deadline2023-08-08