The Shanmuga Hospital Limited Target 2030 is set to open on February 13, 2025, and close on February 17, 2025, with an expected listing date of February 20, 2025. The IPO is priced at ₹54 per share, with a total issue size of ₹20.62 crores. The lot size for retail investors is 2,000 shares, and the IPO will be listed on BSE SME.
IPO Details
- IPO Opening Date: February 13, 2025
- IPO Closing Date: February 17, 2025
- Listing Date: February 20, 2025
- Issue Price: ₹54 per share
- Total Issue Size: ₹20.62 crores
- Lot Size: 2,000 shares
- Exchange: BSE SME
Company Background
Shanmuga Hospital Limited is a multi-specialty healthcare provider offering advanced medical services in various fields, including cardiology, oncology, orthopedics, and general surgery. The hospital is known for its state-of-the-art facilities, experienced medical professionals, and patient-centric approach.
Objectives of the IPO
- Hospital Expansion & Infrastructure Development – Enhancing facilities and increasing the number of beds.
- Medical Equipment Upgrades – Investing in advanced diagnostic and treatment technologies.
- Debt Reduction – Strengthening financial stability.
- General Corporate Purposes – Supporting operational growth and working capital needs.
Financial Performance & Share Price Predictions
- Revenue (Last FY): ₹150 Crores
- Profit (Last FY): ₹18 Crores
- Year-over-Year Growth: 15%
| Year | Predicted Share Price (₹) |
|---|---|
| 2025 | ₹60 – ₹70 |
| 2026 | ₹75 – ₹90 |
| 2027 | ₹95 – ₹110 |
| 2028 | ₹120 – ₹135 |
| 2029 | ₹140 – ₹160 |
| 2030 | ₹170 – ₹190 |
Subscription & Grey Market Premium (GMP) Details
| Category | Expected Subscription |
|---|---|
| Retail Investors | Moderate to High |
| Institutional Investors | Moderate |
| HNIs | Strong |
- GMP for Shanmuga Hospital Limited: ₹[To be updated closer to listing]
Key Growth Factors
- Rising Demand for Healthcare Services – Increasing medical needs due to aging population and lifestyle diseases.
- Advanced Medical Technology – Investment in cutting-edge diagnostic and treatment solutions.
- Government Support for Healthcare Expansion – Policies boosting hospital infrastructure and insurance coverage.
- Reputation & Experienced Management – Trusted name in the healthcare industry.
Conclusion: Is Shanmuga Hospital Limited a Good Investment?
The Shanmuga Hospital Limited IPO provides an opportunity to invest in the growing healthcare sector. With its strong medical infrastructure, expansion plans, and increasing demand for quality healthcare services, the company has solid growth potential. However, investors should evaluate the sector’s regulatory challenges and financial risks before making an investment decision.