Sangani Hospitals Limited, a healthcare organization established in 2021, embarked on its journey in 2001 with the establishment of Sangani Hospital in Keshod. Operating in the Keshod and Veraval regions of Gujarat, Sangani Hospitals is a trusted multi-specialty healthcare provider.
The organization is promoted by highly experienced medical professionals, Dr. Ajaykumar Natwarlal Sangani, MBBS, DLO & MS(E.N.T.), and his brother Dr. Rajeshkumar Natwarlal Sangani, MBBS & MD, who have been dedicated to the medical practice for nearly two decades.
Sangani Hospitals excels in a wide range of specialty departments and units, including ENT Department, OBST-Gynec Department, Dialysis unit, Orthopedic Department, Joint Replacement, General Surgery Department, Urosurgery, Trauma unit, Dental Surgery Department, Physiotherapy unit, laparoscopic surgery, and more.
At present, Sangani Hospitals extends its specialty services and support from two well-equipped hospitals, namely Sangani Hospital in Keshod, Junagadh, Gujarat, and Sangani Super Speciality Hospital in Veraval, Gujarat.
With a commitment to providing high-quality healthcare services and a team of dedicated medical professionals, Sangani Hospitals Limited continues to serve the community and meet the healthcare needs of patients in the region.
Sangani Hospitals Limited Stock Quote #
- Open: ₹42.80
- High – Low: ₹43.75 – ₹42.00
- Previous Close: ₹41.70
- Total Traded Value: 2,01,000
- Updated On: Aug 22, 2023 4:00 PM
IPO Details #
Sangani Hospitals IPO is a Book Built Issue. The IPO total issue size is Rs 15.17 Cr. The Sangani Hospitals IPO price is ₹37 to ₹40 per share. The IPO will list on NSE SME.
IPO Date | Aug 4, 2023 to Aug 8, 2023 |
Listing Date | Aug 17, 2023 |
Face Value | ₹10 per share |
Price | ₹37 to ₹40 per share |
Lot Size | 3000 Shares |
Total Issue Size | 3,792,000 shares (aggregating up to ₹15.17 Cr) |
Fresh Issue | 3,792,000 shares (aggregating up to ₹[.] Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 9,984,990 |
Share holding post issue | 13,776,990 |
Market Maker portion | 192,000 shares Rikhav Securities |
Sangani Hospitals IPO Reservation #
QIB Shares Offered | Not more than 10% of the Net Issue |
NII (HNI) Shares Offered | Not less than 45% of the Net Issue |
Retail Shares Offered | Not less than 45% of the Net Issue |
Sangani Hospitals IPO Timetable (Tentative) #
Sangani Hospitals IPO opens on Aug 4, 2023, and closes on Aug 8, 2023.
IPO Open Date | Friday, 4 August 2023 |
IPO Close Date | Tuesday, 8 August 2023 |
Basis of Allotment | Friday, 11 August 2023 |
Initiation of Refunds | Monday, 14 August 2023 |
Credit of Shares to Demat | Wednesday, 16 August 2023 |
Listing Date | Thursday, 17 August 2023 |
Cut-off time for UPI mandate confirmation | 5 PM on Aug 8, 2023 |
Sangani Hospitals IPO Lot Size #
The minimum lot size of this Sangani Hospitals IPO is 3000 shares required is ₹120,000.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 3000 | ₹120,000 |
Retail (Max) | 1 | 3000 | ₹120,000 |
HNI (Min) | 2 | 6,000 | ₹240,000 |
Lot Size Calculator |
Sangani Hospitals IPO Promoter Holding #
Dr. Ajaykumar Sangani, Dr. Rajeshkumar Sangani, Kamalkumar Sangani and Dr. Vaishali Sangani are the Promoters of the company.
Pre Issue Share Holding | 100.00% |
Post Issue Share Holding |
Company Financials #
Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
Assets | 330.36 | 299.20 | 705.45 | 1,959.01 |
Revenue | 446.47 | 498.21 | 420.63 | 1,576.24 |
Profit After Tax | 22.81 | 79.06 | 105.35 | 148.37 |
Net Worth | 183.35 | 168.79 | 501.60 | 1,797.29 |
Reserves and Surplus | 168.83 | 106.78 | 798.79 | |
Total Borrowing | 34.72 | 34.57 | 10.08 |
Key Performance Indicator #
Sangani Hospitals IPO Market Cap is Rs 55.11 Cr and P/E (x) is 37.03.
KPI | Values |
---|---|
P/E (x) | 37.03 |
Market Cap (₹ Cr.) | 55.11 |
ROCE | 11.26% |
EPS (Rs) | 3.47 |
RoNW | 35.75% |
Objects of the Issue #
The company intends to utilize the proceeds of the issue to meet the following objectives:
- To carry out the capital expenditure for expansion in Sangani Hospital at Keshod, Gujarat
- To carry out the capital expenditure for expansion in Sangani Super Speciality Hospital at Veraval, Gujarat
- General corporate purposes
Sangani Hospitals IPO Prospectus #
Company Contact Information #
Sainath Society, Opp. S. T., KSD T,
Village – Keshod, Taluka – Keshod,
Junagadh – 362220
Phone: 02871-23 5900
Email: cs@sanganihospitals.com
Website: http://www.sanganihospitals.com/
Sangani Hospitals IPO Registrar #
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Sangani Hospitals IPO Lead Manager(s) #
FAQs #
When is the Sangani Hospitals IPO open and close? #
The Sangani Hospitals IPO opens on August 4, 2023, and closes on August 8, 2023
What is the price range for Sangani Hospitals IPO shares? #
The price band for Sangani Hospitals IPO shares is ₹37 to ₹40 per share.
What is the lot size for Sangani Hospitals IPO? #
The minimum lot size for Sangani Hospitals IPO is 3000 shares.
What is the total issue size of Sangani Hospitals IPO? #
The total issue size of Sangani Hospitals IPO is 3,792,000 equity shares, aggregating up to ₹14.03 – 15.17 Crores.
What is the expected listing date of Sangani Hospitals IPO? #
The proposed listing date for Sangani Hospitals IPO is August 17, 2023, on the NSE SME platform.
How can I apply for Sangani Hospitals IPO? #
Retail investors can apply online for Sangani Hospitals IPO shares through banks using ASBA (Application Supported by Blocked Amount) or through brokers using UPI (Unified Payments Interface).
Is the Sangani Hospitals IPO Allotment Status available online? #
As of now, the Sangani Hospitals IPO Allotment Status is not available online.
What is the expected basis of allotment for Sangani Hospitals IPO? #
The basis of allotment for Sangani Hospitals IPO is scheduled to be finalized on August 11, 2023.
Please note that these FAQs are based on the information available, and for the most up-to-date information, you may visit the official sources.