Hemant Surgical Industries Limited, established in 1989, is a prominent player in the medical equipment and disposables industry. The company is involved in manufacturing, importing, and assembling a diverse range of medical products and disposables, catering to various healthcare needs.
The extensive portfolio offered by Hemant Surgical Industries covers a wide spectrum of medical requirements, including Renal Care, Cardiovascular disease, Respiratory disease, Critical Care and Radiology, and Surgical disposables. These products are sourced from reputed countries such as Japan, China, France, and Australia.
Currently, the company operates one manufacturing unit and two assembly units. The first Manufacturing Unit, located at Achad Industrial Estate, initiated the importing and marketing of medical disposables in 1999. The other two assembly units situated in Atgaon and Bhiwandi handle the assembling of medical products and devices.
To ensure the highest quality standards, Hemant Surgical Industries holds ISO 9001:2015 and ISO 13485:2016 certifications for its facilities. A well-equipped quality control department, staffed by experienced and qualified professionals, oversees the manufacturing and assembly processes to maintain utmost efficiency and precision.
With its commitment to delivering reliable and top-notch medical equipment and disposables, Hemant Surgical Industries Limited plays a significant role in the healthcare sector, contributing to better patient care and improved medical outcomes.
Hemant Surgical Industries Ltd Stock Quote #
- Open: ₹219.45
- High – Low: ₹219.50 – ₹216.00
- Previous Close: ₹215.00
- Total Traded Value: 22,400
- 52 Weeks High: ₹238.50 (Jul 04, 2023)
- 52 Weeks Low: ₹153.96 (Jun 08, 2023)
- Updated On: Jul 20, 2023 4:00 PM
Hemant Surgical Industries IPO Details #
| IPO Date | May 24, 2023 to May 26, 2023 |
| Listing Date | Jun 5, 2023 |
| Face Value | ₹10 per share |
| Price | ₹85 to ₹90 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 2,760,000 shares (aggregating up to ₹24.84 Cr) |
| Fresh Issue | 2,760,000 shares (aggregating up to ₹24.84 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 7,680,000 |
| Share holding post issue | 10,440,000 |
| Market Maker portion | 144,000 shares Hem Finlease |
Hemant Surgical Industries IPO Reservation #
| Anchor Investor Shares Offered | 782,400 (28.35%) |
| Market Maker Shares Offered | 144,000 (5.22%) |
| QIB Shares Offered | 523,200 (18.96%) |
| NII (HNI) Shares Offered | 393,600 (14.26%) |
| Retail Shares Offered | 916,800 (33.22%) |
| Total Shares Offered | 2,760,000 (100%) |
Hemant Surgical Industries IPO Timetable (Tentative) #
Hemant Surgical Industries IPO opens on May 24, 2023, and closes on May 26, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Wednesday, 24 May 2023 |
| Closing Date | Friday, 26 May 2023 |
| Basis of Allotment | Wednesday, 31 May 2023 |
| Initiation of Refunds | Thursday, 1 June 2023 |
| Credit of Shares to Demat | Friday, 2 June 2023 |
| Listing Date | Monday, 5 June 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 26, 2023 |
Hemant Surgical Industries IPO Lot Size #
The Hemant Surgical Industries IPO lot size is 1600 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹144,000 |
| Retail (Max) | 1 | 1600 | ₹144,000 |
| HNI (Min) | 2 | 3,200 | ₹288,000 |
| Lot Size Calculator | |||
Hemant Surgical Industries IPO Promoter Holding #
Hanskumar Shamji Shah, Kaushik Hanskumar Shah, and Hemant Praful Shah are the Promoters of the company.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.56% |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-21 | 4,289.84 | 6,065.19 | 114.53 | 836.61 | 653.38 | 1,446.35 |
| 31-Mar-22 | 5,437.59 | 10,577.02 | 461.40 | 1,298.01 | 1,114.78 | 973.80 |
| 31-Mar-23 | 6,490.79 | 11,149.68 | 765.11 | 2,359.90 | 1,591.90 | 711.92 |
| Amount in ₹ Lakhs | ||||||
Key Performance Indicator #
| KPI | Values |
|---|---|
| P/E (x) | 12.28 |
| Market Cap (₹ Cr.) | 93.96 |
| ROE | 32.42% |
| ROCE | 37.98% |
| Debt/Equity | 0.3 |
| EPS (Rs) | 10.26 |
| RoNW | 32.42% |
Objects of the Issue #
The Company intends to utilize the proceeds of the Issue to meet the following objectives:
- Funding Capital Expenditure towards the installation of additional plant and machinery
- Funding to meet working capital requirements
- General Corporate Purpose
- Issue expenses
Hemant Surgical Industries IPO Subscription Status (Bidding Detail) #
The Hemant Surgical Industries IPO is subscribed 150.59 times on May 26, 2023 7:02:00 PM. The public issue subscribed 158.73 times in the retail category, 41.05 times in the QIB category, and 277.26 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 41.05 |
| NII | 277.26 |
| Retail | 158.73 |
| Total | 150.59 |
Total Application : 6,844 (11.94 times)
Hemant Surgical Industries IPO Prospectus #
- Hemant Surgical Industries IPO DRHP
- Hemant Surgical Industries IPO RHP
- Anchor Investors in Hemant Surgical Industries IPO
Hemant Surgical Industries IPO Listing Details #
| Listing Date | Jun 5, 2023 |
| BSE Script Code | 543916 |
| NSE Symbol | |
| ISIN | INE0GYI01028 |
| Final Issue Price | ₹90 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹90.00 |
| ₹171.00 |
| ₹171.00 |
| ₹179.55 |
| ₹179.55 |
Company Contact Information
502, 5th Floor, Ecstacy Business Park,
Co-Op Society Limited, J.S.D. Road,
Mulund (West), Mumbai – 400 080
Phone: 022-25915289/ 022- 259127
Email: cs@hemantsurgical.com
Website: http://www.hemantsurgical.com/
Hemant Surgical Industries IPO Registrar #
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Hemant Surgical Industries IPO Lead Manager(s) #
Frequently Asked Questions #
What is the business of Hemant Surgical Industries Limited? #
Hemant Surgical Industries Limited is engaged in the business of manufacturing, importing, and assembling a comprehensive portfolio of medical equipment and disposables. They offer products for Renal Care, Cardiovascular disease, Respiratory disease, Critical Care and Radiology, and Surgical disposables.
When is the Hemant Surgical Industries IPO open and close for subscription? #
The Hemant Surgical Industries IPO opened for subscription on May 24, 2023, and closed on May 26, 2023.
What is the IPO price and lot size of Hemant Surgical Industries IPO? #
The IPO price for Hemant Surgical Industries IPO was set in the range of ₹85 to ₹90 per equity share, and the lot size is 1600 shares.
What is the total issue size and listing date of Hemant Surgical Industries IPO? #
The total issue size of Hemant Surgical Industries IPO is 2,760,000 shares, aggregating up to ₹24.84 crores. The listing date for Hemant Surgical Industries IPO is June 5, 2023.
What are the IPO subscription details for Hemant Surgical Industries IPO? #
The IPO subscription details will be available once the basis of allotment is finalized and published on May 31, 2023.
Where can I check the Hemant Surgical Industries IPO Allotment status? #
The Hemant Surgical Industries IPO Allotment status can be checked on the official website of the registrar of the issue or on the BSE SME website.
What are the important dates of Hemant Surgical Industries IPO? #
IPO opened: May 24, 2023
IPO closed: May 26, 2023
Basis of allotment finalized: May 31, 2023
Refunds initiated: June 1, 2023
Shares credited to demat accounts: June 2, 2023
Listing date: June 5, 2023
Is it recommended to apply for Hemant Surgical Industries IPO? #
We do not provide IPO recommendations. Investors should conduct thorough research, consider the company’s financials, market conditions, and expert analysis before making an investment decision.
Please note that the information provided in the FAQs is based on the data available as of May 26, 2023. For the latest updates and detailed information, please refer to the official sources and the prospectus of Hemant Surgical Industries IPO.
