Shanmuga Hospital Limited is coming up with an IPO with a fresh issue of 38,18,000 shares worth INR 20.62 crores. The company aims to fund capital expenditure for medical equipment and meet general corporate purposes.                                      

Shanmuga Hospital IPO – Important Dates 

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Shanmuga Hospital Limited IPO – Company Profile 

Shanmuga Hospital Limited, a multispecialty hospital in Salem, has 151 beds and advanced healthcare technology. NABH and NABL are accredited, providing high-quality healthcare services, including prevention, treatment, and rehabilitation, serving patients from nearby regions. 

The hospital ensures affordable healthcare by offering specialised care across the ICU, NICU, CCU, and advanced diagnostics. With skilled professionals, strong partnerships, and continuous improvements, it strives to enhance service quality and establish itself as a leading provider. 

Empanelled with ESIC, Railways, ECHS, AAI, and FCI, the hospital provides healthcare to employees and dependents. Partnered with insurers and TPAs, it ensures affordable, quality treatment, prioritising patient needs through strategic healthcare initiatives. 

Shanmuga Hospital Ltd IPO Fundamental Analysis 

Shanmuga Hospital Limited’s financial analysis reveals a mixed performance. Revenue has grown steadily, reflecting business expansion. Equity and assets increased, profitability improved, and EPS rose, while RoNW declined, indicating evolving financial dynamics and potential long-term growth opportunities for investors. 

• Revenue Trend: The revenue increased from ₹3,934.47 lakhs in March 2023 to ₹4,303.74 lakhs in March 2024. The revenue for the current year’s 6-month period ending September 2024 is INR 2,462.18 lakhs. 
• Equity and Liabilities: Equity has shown a consistent increase over the periods, reflecting potential growth and expansion. 
• Profitability: The profit after tax (PAT) increased from ₹476.22 lakh in March 2023 to ₹526.15 lakh in March 2024, boosting investor confidence. The profit for the period ending September 2024 is ₹239.29 lakh. 
• Earnings per Share (EPS): The diluted EPS increased from ₹4.90 in March 2023 to ₹5.37 in March 2024, reflecting higher earnings per share for investors. The diluted EPS for the period ending September 2024 is ₹2.44. 
• Return on Net Worth (RoNW): The RoNW has reduced from 40.28% to 12.25%, indicating an increase in the company’s ability to generate returns on shareholder equity. 
• Financial Position: Total assets have increased, suggesting potential business growth. 

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Shanmuga Hospital IPO Financial Analysis 

Shanmuga Hospital Limited IPO Peer Comparison 

Shanmuga, Asarfi, Family Care, and Aashka Hospitals exhibit varied financial performance, with revenue, equity, EPS, and returns differences. Their distinct financial positions highlight unique market strategies, competitiveness, and growth potential in the healthcare sector. 

Shanmuga Hospital Ltd IPO Objective 

The main objective of Shanmuga Hospital Limited is to fund capital expenditure towards the purchase of additional medical equipment. 

1. Purchase of Medical Equipment: The company intends to utilise INR 14.52 crores for capital expenditure on medical equipment, enhancing hospital capacity and services to meet rising demand and ensuring improved healthcare facilities and patient care. 

2. General Corporate Purpose: The company will deploy INR 3.83 crores for general corporate purposes, including strategic initiatives, brand building, infrastructure enhancement, unforeseen contingencies, and other approved uses to support growth and strengthen its market presence. 

Shanmuga Hospital IPO Risks And Challenges 

Shanmuga Hospital Limited’s risk includes pending legal proceedings of ₹30 lakhs, challenges in attracting skilled professionals, procurement delays impacting expansion, and government policy changes affecting revenue, profitability, and financial stability. 

• Pending legal proceedings against the company involve ₹30 lakhs. Unfavourable outcomes may impact resources, finances, and reputation. Additional claims could arise, increasing liabilities and diverting management’s focus from business operations. 

• The hospital’s growth depends on attracting and retaining skilled healthcare professionals. Competition, shortages, and rising costs may impact operations, patient volume, and profitability, leading to service quality and expansion challenges. 

• Delays or cost escalations in procuring medical equipment may impact capital expenditure, project timelines, and business operations. Vendor issues or price changes could affect implementation, potentially disrupting hospital expansion and financial planning. 

Shanmuga Hospital Ltd IPO – Industry & Market Potential 

Global life expectancy increased from 67 years in 2000 to 73 in 2019. NCD deaths may rise by 90% by 2048. Strengthening healthcare access and reducing risks can accelerate SDG progress and health equity by 2030. 

India’s healthcare sector reached US$ 372 billion in 2023, with hospitals projected to grow at 8% CAGR, reaching US$ 193.59 billion by 2032—medical tourism to hit US$ 14.31 billion by 2029, boosting industry expansion. 

With rising incomes, an ageing population, and increasing health awareness, India’s healthcare sector is expanding. Hospitals grow at a 16–17% CAGR, and public health spending is set to reach 2.5% of GDP by 2025. 

Shanmuga Hospital Limited IPO – Type of Offer 

Shanmuga Hospital Limited is coming up with an IPO with a fresh issue of 38,18,000 shares worth INR 20.62 crores. The company aims to fund capital expenditure for medical equipment and meet general corporate purposes. 

Shanmuga Hospital IPO Offer Size 

The offer size of Shanmuga Hospital Limited is INR 20.62 crores, consisting of a fresh issue of 31,18,000 shares. The company aims to fund capital expenditure for medical equipment and meet general corporate purposes. 

Shanmuga Hospital Limited IPO Allotment Structure 

Shanmuga Hospital Limited’s allotment structure includes a category for Retail Individual Investors (RII) with investments below ₹2 lakhs, a category for other investors exceeding ₹2 lakhs, and a reservation of 1,92,000 shares for Market Makers. 

• Retail Individual Investors (RII): These individual investors apply for shares with a total value of less than Rs.2 lakhs 

• Other than retail individual investors: Such applications where the value exceeds INR 2 lakhs. 

• Market Makers Reservation: A certain percentage or number of shares is reserved for market makers. The company has set aside 1,92,000 shares for this purpose. 

How to apply for the Shanmuga Hospital IPO?

To apply for the Shanmuga Hospital Limited IPO through Alice Blue, follow these steps:

Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.

1. Check for IPO Details: Once your account is active, you can check for the Shanmuga Hospital Limited IPO details in the IPO section of the Alice Blue platform.
2. Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
3. Submit the Application: Confirm all your details and submit your application.

 You can apply for the Shanmuga Hospital Limited IPO at Alice Blue in just a few clicks!

Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.

Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.

How do you check Shanmuga Hospital IPO Allotment Status?

Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:

1. Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
2. Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
3. Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
4. Select the Shanmuga Hospital Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Shanmuga Hospital Limited IPO.
5. Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.

 If you face any issues, we request you to reach out to our customer support team at Alice Blue for detailed assistance. 

 Apart from Alice Blue, there are other ways to check the allotment status of the Shanmuga Hospital Limited IPO:

● Registrar’s Website: Visit the website of Integrated Registry Management Services (P) Limited, the registrar of the Shanmuga Hospital Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.

● BSE SME: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) Small Medium Exchange (SME). You would need your application number and PAN to check the status. 

Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.

Read more about Shanmuga Hospital Ltd IPO allotment Status

Shanmuga Hospital Ltd IPO Offer Registrar

The registrar for the Shanmuga Hospital Limited IPO is Integrated Registry Management Services (P) Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.

Contact information for the registrar: 

INTEGRATED REGISTRY MANAGEMENT SERVICES (P) LIMITED

No. 30, Ramana Residency, 4th Cross, Sampige Road,

Malleswaram, Bengaluru – 560003, India

Telephone: 080-23460815/816/817/818

Email: [email protected]

Website: www.integratedregistry.in 

Shanmuga Hospital IPO – FAQs