Shanmuga Hospital IPO subscription started on Thursday, February 13, 2025, and will close on February 17, 2025, as per the schedule. The price band is set at ₹54 per share with a face value of ₹10.
Shanmuga Hospital IPO Subscription Status
Shanmuga Hospital IPO Subscribed over 0.65x on its First day till 5.00 PM on February 13th, 2025.
- Shanmuga Hospital IPO subscription QIB investors’ portion was 0.00 times, while NII subscribers subscribed 0.19 times, and RII investors subscribed 1.11 times.
- The company has received bids for 23,64,000 shares against 36,26,001 on offer for the First-day subscription.
- Shanmuga Hospital IPO subscribed over 0.65x on its First day.
About Shanmuga Hospital Company
Initially, in this generation, medical facilities are inevitable for mankind, especially in emergencies, Shanmuga Hospital is one of the best in terms of providing a complete range of facilities to the patients, advanced healthcare securities alongwith new technology for their betterment.
Moreover, this hospital was founded in 2020 in Salem, and here are the modern facilities described below the line. The medical facility features specialized units, including Oncology, High Dependency (HDU), Emergency (ED), Outpatient Consultation, Cardiac Care (CCU), Intensive Care (ICU), Neonatal Intensive Care (NICU), as well as labor and endoscopy rooms. Not only restricted to modern facilities but also they are focused on providing facilities for rehabilitation. If we talk financially then, the revenue portion of FY 2024 was 43.04 crore which was substantial in contrast to the last two years, as well as H1 FY 2025 revenue is also 24. 62 crore respectively.
Shanmuga Hospital Financial Report
The company reported revenue of ₹43.39 crores in 2024 against ₹39.5 crore in 2023. The company reported profit of ₹5.26 crores in 2024 against profit of ₹4.76 crores in 2023.
Shanmuga Hospital IPO GMP
Shanmuga Hospital IPO GMP was ₹8 as of Thursday, 13th February 2025. That indicates the IPO is trading at ₹62 with ₹8 premium in the grey market against the issue price of ₹54.
