Shanmuga Hospital
IPO Timeline
Issue open date
13 Feb 2025Issue close date
17 Feb 2025UPI mandate deadline
17 Feb 2025Allotment finalization
19 Feb 2025Refund initiation
20 Feb 2025Share credit
20 Feb 2025Listing date
21 Feb 2025Mandate end date
4 Mar 2025Lock-in end date for anchor investors (50%)
20 Mar 2025Lock-in end date for anchor investors (remaining)
19 May 2025Key Dates
Quick Stats
About the Company
Shanmuga Hospital Limited, established in 1981 as a sole proprietorship in Salem, Tamil Nadu, was later incorporated as Shanmuga Hospital Private Limited in 2020. Over the years, it has grown into a multispecialty hospital, offering a broad range of medical services with specialties in oncology, cardiac care, critical care, and surgical procedures. With 151 beds, the facility includes an Oncology Unit, Intensive Care Unit (ICU), Neonatal ICU (NICU), Emergency Department (ED), High Dependency Unit (HDU), and advanced diagnostic and imaging services such as MRI, CT scan, and X-ray. The hospital is NABH and NABL accredited, ensuring high standards of healthcare.It continues to expand its facilities and enhance its capabilities, solidifying its position as a leading regional healthcare provider.
Strengths
- Strong oncology department with advanced treatment technology.
- Promoters have over four decades of healthcare experience.
- Affordable healthcare services for the regional population.
- Cutting-edge medical equipment including LINAC, MRI.
- Strategic tie-ups with government and insurance companies.
Risks
- Legal proceedings could impact business operations and reputation.
- High dependency on key personnel and specialists.
- Regulatory changes may impact profitability and operations.
- Competition from other hospitals and healthcare providers.
- Operational risks due to medical equipment failures.
- Failure to maintain service quality may harm reputation.
Shanmuga Hospital IPO – Frequently Asked Questions
- The price band for the Shanmuga Hospital IPO is set at ₹54 to ₹54 per share.
- The Shanmuga Hospital IPO opens on February 13, 2025 and closes on February 17, 2025.
- The tentative listing date for the Shanmuga Hospital IPO is February 21, 2025.
- You can apply for the Shanmuga Hospital IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Shanmuga Hospital, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Shanmuga Hospital IPO is 2000 shares. Investors must apply for at least one lot (i.e., 2000 shares).