Shanmuga Hospital Limited
Fixed Price IPO · BSE
- Price band
- ₹54 - ₹54
- Lot size
- 2,000 shares
- Issue amount
- ₹20.62 cr
- Total subscription
- 2.56×
- Opens
- 13 Feb 2025
- Closes
- 17 Feb 2025
- Allotment
- 18 Feb 2025
- Listing
- 21 Feb 2025
Offer at a glance
Issue overview
- Issue size
- 38,18,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,08,000
- Fresh issue
- ₹20.62 cr
- Offer for sale
- ₹0 cr
- Registrar
- Integrated Registry Management Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,08,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 97,95,000
- Shares after issue
- 1,36,13,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 4,000 | ₹2,16,000 |
| HNI | 3 | 6,000 | ₹3,24,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 9.8 | 0.84 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 2.44 | 5.37 | 4.9 |
| ROE | 12.25 | 30.71 | 40.28 |
| ROCE | 15.09 | 35.89 | 42.72 |
| RONW | 12.25 | 30.71 | 40.28 |
| PRE IPO(PE) | 0 | 10.05 | 0 |
| POST IPO(PE) | 11.36 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Established in 2020, Shanmuga Hospital Limited is a NABH and NABL-accredited multispecialty hospital in Salem, Tamil Nadu, offering preventive, treatment, and rehabilitation services with advanced medical technology and 151 beds. Located on Saradha College Road, the hospital covers 45,311 sq. ft. across two blocks and three floors, providing both inpatient and outpatient care. It also operates Shanmuga Pharmacy & Diagnostics for medicines and pathology services, and Shanmuga Clinics for specialized consultations and patient transfers. The hospital’s key specialties include oncology, general surgery, orthopaedics, cardiology, paediatrics, neurology, endocrinology, and respiratory medicine. As of August 2024, it employed 72 doctors, including resident, consulting, and visiting specialists.
Strengths
- Expert Cancer Care – Specializes in cancer treatment with advanced facilities, earning a strong reputation in the region.
- Trusted Leadership – Led by experienced professionals with 40+ years in healthcare, ensuring steady growth and reliability.
- Affordable Treatment – Offers high-quality medical care at reasonable prices, making healthcare accessible to more people.
Risk factors
- Legal Issues – Ongoing court cases involving the company, its directors, and promoters could hurt business and finances if the decisions don’t go in their favor.
- Short Track Record – The company started in 2020, so investors may find it hard to judge its long-term growth and financial health.
- Reliance on Medical Staff – The hospital depends on doctors and nurses, many of whom work as consultants. If it struggles to hire or keep them, its operations and service quality could suffer.
Promoters
Dr. Panneerselvam Palaniappan Shanmugam
Dr. Prabu Sankar Panneerselvam
Dr. Priyadharshni Dhandapani
Mrs. Jayalakshmi Panneerselvam
Registrar & documents
Lead manager
Finshore Management Services Limited
Registrar & contacts
Integrated Registry Management Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
51/24, Saradha College Road, Salem, 636007
+91 427 2706674
[email protected]Company website ↗Understanding SHANMUGA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.