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IPO Synopsis


Shanmuga Hospital Ltd

Registered Office: #.51/24 Saradha College Road,, Salem - 636007, Tamil Nadu, India.
Phone : +91 427 2706 674   Fax:
Email :  cs@smrft.org  
Website :  www.shanmugahospital.com

Initial public offer of up to 38,18,000 equity shares of face value of Rs.10/- each ("equity shares") of Shanmuga Hospital Limited (the "company" or the "issuer") for cash at a price of Rs.54/- per equity share, including a share premium of Rs.44/- per equity share (the "issue price"), aggregating to Rs. 20.61 crores ("the issue"), of which 1,92,000 equity shares of face value of Rs.10/- each for cash at a price of Rs.54/- per equity share, aggregating to Rs. 1.03 crores will be reserved for subscriptions by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. issue of 36,26,000 equity shares of face value of Rs.10/- each for cash at a price of Rs.54/- per equity share, aggregating to Rs. 19.58 crores is here in after referred to as the "net issue". the issue and the net issue will constitute 28.05% and 26.64% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs.10/- each and the issue price is Rs.54/- each i.e., 5.4 times of the face value of the equity shares. The minimum lot size is 2,000 equity shares.

Issue Money Payable On
Opens on Closes On Application Allotment
13-Feb-25 17-Feb-25 54.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 18.36 Finshore Management Services Ltd
Project Financed through Current Offer 20.62  
Post Issue Equity Share Capital 13.61  
Issue Price 54.00  

Project

  • Funding capital expenditure towards purchase of additional medical equipment
  • General corporate expenses

Promoted By

Paneerselvam Palaniappan Shanm

Prabhu Sankar Paneerselvam

Priyadharshni Dhandapani

Listing At

BSE - SME

Registrar to the Issue

Integrated Registry Mgt Ser.Pv