Sangani Hospitals IPO Date, Review, Price, Allotment Details

Sangani Hospitals IPO Details: Sangani Hospitals IPO date is fixed, The IPO will open on August 4 and will close on August 8. Sangani Hospitals is an NSE SME IPO to raise ₹15.17 crores via IPO. The Sangani Hospitals IPO price band is fixed at ₹37 to ₹40 with a market lot of 3000 shares.

Sangani Hospitals IPO

Table of Contents

Sangani Hospitals is a multi-specialty healthcare provider operating in Keshod and Veraval regions of Gujarat with a combined bed capacity of 68 beds. Their services primarily include super specialty services, specialty services, and other support services. They also operate a pathology laboratory and medical store. Currently, they operate out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat, and Sangani Super Speciality Hospital, Veraval, Gujarat.

Sangani Hospital is 36 beds multi-specialty hospital with primary, secondary, and tertiary care facilities. It is strategically located near Keshod bus stand and railway station making it accessible to fifty-four adjacent small villages. Sangani Super Speciality Hospital is 32 beds multi-specialty hospital with a significant focus on tertiary care facilities.

Both our hospitals offer a comprehensive range of healthcare services in specialties and super specialties, including cardiac sciences, neurosciences, orthopaedics, renal sciences, and mother & childcare. They have provided dialysis facilities to more than 600 patients and more than 6,000 sessions annually free of cost under the Mukhyamantri Amrutum Yojana (MAA Yojana) and Pradhan Mantri Jan Arogya Yojana (PMJAY). Their team of qualified medical practitioners is trained to handle all kinds of emergencies and ensures that patients get quality healthcare services. Sangani healthcare staff comprises of Clinical Pharmacist, Microbiologist (DMLT), Medical Officers, Clinical Assistants, Nursing staff, Attendants, and Technicians. They strive to deliver advanced healthcare while providing affordable medical services to our patients.

Objects of the Issue:

  • 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 Review

  • Avoid

Sangani Hospitals IPO Date & Price Band Details

IPO Open:August 4, 2023
IPO Close:August 8, 2023
IPO Size:Approx ₹15.17 Crores, 3,792,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹37 to ₹40 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:45% of the net offer
QIB Quota:10% of the net offer
NII Quota:45% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Sangani Hospitals IPO Market Lot

The Sangani Hospitals IPO minimum market lot is 3000 shares with a ₹120,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum13000₹120,000
Retail Maximum13000₹120,000
S-HNI Minimum26000₹240,000

Sangani Hospitals IPO Dates

The Sangani Hospitals IPO date is August 4 and the IPO close date is August 8. The IPO allotment date is August 11 and the IPO might list on August 17.

IPO Open Date:August 4, 2023
IPO Close Date:August 8, 2023
Basis of Allotment:August 11, 2023
Refunds:August 14, 2023
Credit to Demat Account:August 16, 2023
IPO Listing Date:August 17, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Sangani Hospitals IPO Form

How to apply Sangani Hospitals IPO? You can apply Sangani Hospitals IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sangani Hospitals IPO in the Invest section. The other option you can apply Sangani Hospitals IPO via IPO forms download via the NSE website. Check out the Sangani Hospitals forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Sangani Hospitals Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2020₹4.46₹4.16₹0.23
2021₹4.98₹3.93₹0.79
2022₹4.21₹2.79₹1.05
2023₹15.76₹13.75₹1.48

Sangani Hospitals IPO Valuation – FY2023

Check Sangani Hospitals IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹1.49 per Equity Share
Price/Earning P/E Ratio:47.13
Return on Net Worth (RoNW):12.91%
Net Asset Value (NAV):₹18.00 per Equity Share

Peer Group

  • Artemis Medicare Services Limited
  • Lotus Eye Hospital And Institute Ltd

Company Promoters

  • Dr. Ajaykumar Sangani
  • Dr. Rajeshkumar Sangani
  • Kamalkumar Sangani
  • Dr. Vaishali Sangani

Sangani Hospitals IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Sangani Hospitals IPO Allotment Status

Check Sangani Hospitals IPO allotment status on Bigshare website URL. Click Here

Sangani Hospitals IPO Lead Managers aka Merchant Bankers

  • Unistone Capital Pvt Ltd

Company Address

Sangani Hospitals Limited
Sainath Society, Opp. S. T., KSD T,
Village – Keshod, Taluka – Keshod,
Junagadh – 362220
Phone: 02871-23 5900
Email: [email protected]
Website: http://www.sanganihospitals.com/

Sangani Hospitals IPO FAQs


What is Sangani Hospitals IPO?

Sangani Hospitals IPO is an NSE SME IPO. They are going to raise ₹15.17 Crores via IPO. The issue is priced at ₹37 to ₹40 per equity share. The IPO is to be listed on NSE.

When Sangani Hospitals IPO will open?

The IPO is to open on August 4, 2023 for QIB, NII, and Retail Investors.

What is Sangani Hospitals IPO Investors Portion?

The investors’ portion for QIB is 10%, NII is 45%, and Retail is 45%.

How to Apply the Sangani Hospitals IPO?

You can apply Sangani Hospitals IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Sangani Hospitals IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Sangani Hospitals”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Sangani Hospitals IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Sangani Hospitals”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Sangani Hospitals IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Sangani Hospitals”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Sangani Hospitals IPO Size?

Sangani Hospitals IPO size is ₹15.17 crores.

What is Sangani Hospitals IPO Price Band?

Sangani Hospitals IPO Price Band is ₹37 to ₹40 per equity share.

What is Sangani Hospitals IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 shares with ₹120,000.

What is Sangani Hospitals IPO Allotment Date?

Sangani Hospitals IPO allotment date is August 11, 2023.

What is Sangani Hospitals IPO Listing Date?

Sangani Hospitals IPO listing date is August 17, 2023. The IPO to list on NSE SME.

Note: The Sangani Hospitals IPO details are announced officially. The IPO grey market premium (Sangani Hospitals IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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