Shanmuga Hospital IPO Allotment Likely Today: How to Check Status, Latest GMP, and Key Financial Ratios
The much-anticipated Shanmuga Hospital IPO allotment status is expected to be released today, February 18, 2025. Investors who have subscribed to the IPO are now eager to check whether they have received the allotment of shares.
The IPO, which was open for bidding between February 13 and February 17, received 2.51 times subscription. The retail investor category saw robust demand with 4.41 times oversubscription, while the non-institutional investor (NII) portion was subscribed 0.6 times.
With a total issue size of ₹20.62 crore, the IPO consisted entirely of a fresh issue of 38.18 lakh shares, priced at ₹54 per share. Retail investors had to apply for a minimum lot size of 2,000 shares, requiring an investment of ₹1,08,000. The company plans to utilize the raised funds for purchasing advanced medical equipment and general corporate purposes.
How to Check Shanmuga Hospital IPO Allotment Status?
Investors can check the allotment status of Shanmuga Hospital IPO through the IPO registrar Integrated Registry Management Services Private Limited or on the BSE website.
Steps to Check Allotment on Registrar’s Website:
- Visit the IPO registrar’s website: Click here
- Select “Shanmuga Hospital” from the company name dropdown.
- Choose one of the three options – Application Number, Client ID, or PAN Number.
- Enter the required details corresponding to the selected option.
- Fill in the Captcha and click Submit to check your allotment status.
Steps to Check Allotment on BSE Website:
- Visit the BSE allotment page: Click here
- Select “Equity” under the Issue Type section.
- From the Issue Name dropdown, choose “Shanmuga Hospital”.
- Enter your Application Number or PAN Number.
- Complete the Captcha verification and click “Search” to view your allotment status.
Shanmuga Hospital IPO GMP Today
The Grey Market Premium (GMP) for Shanmuga Hospital IPO is currently ₹3 per share as of today. This suggests that the shares might list at ₹57 per share, reflecting a 5.56% premium over the issue price of ₹54.
The listing date for Shanmuga Hospital shares on the BSE SME platform is scheduled for Thursday, February 20, 2025.
About Shanmuga Hospital
Shanmuga Hospital, based in Salem, Tamil Nadu, is a multispecialty hospital with 151 beds. The hospital provides comprehensive healthcare services, covering specialties such as Oncology, Neurosurgery, Cardiac Care, ICU, NICU, and Emergency Services.
The facility is NABH and NABL accredited, ensuring high-quality medical care in treatment, prevention, and rehabilitation. It also boasts state-of-the-art diagnostic and imaging technologies, including X-ray, CT scan, MRI, Ultrasound, and modular operation theatres.
Shanmuga Hospital IPO Key Financial Ratios
Here are some key financial indicators and ratios for Shanmuga Hospital IPO:
| Metric | Value |
|---|---|
| Market Cap | ₹73.5 Cr. |
| IPO Issue Price | ₹54 |
| Stock P/E | 14.0 |
| ROCE | 33.5% |
| ROE | 36.3% |
| Debt to Equity | 0.50 |
| Industry P/E | 52.8 |
| Dividend Yield | – |
| Promoter Holding | – |
| EPS | – |
| PEG Ratio | – |
| 200 DMA | – |
(Note: Some values may not be available yet and will be updated once the stock lists on the exchange.)
What’s Next for Investors?
- Investors who are allotted shares can expect credit in their Demat accounts on February 19, 2025.
- Those who did not receive an allotment will get refunds initiated on the same day.
- The official listing date is February 20, 2025, on the BSE SME platform.
Final Thoughts
With a strong subscription rate in the retail segment, a 5.56% expected listing gain, and a promising growth outlook in the healthcare sector, Shanmuga Hospital IPO has generated significant interest among investors.
For those allotted shares, it will be crucial to monitor market trends and hospital performance post-listing. Meanwhile, investors who missed out on the IPO can consider buying during the listing day, depending on the market conditions.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.