Business Standard

Sangani Hospitals Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

15.17 cr

Price Range (₹)

40

Lot Size

3000

Min Investment (₹)

1,20,000.00

Listing Exchange

NSE - SME

Open Date

04-Aug-2023

Close Date

08-Aug-2023

Listing Date

17-Aug-2023

Sangani Hospitals Ltd News

    The Shares of Sangani Hospitals Ltd have now been listed.

    Sangani Hospitals Ltd IPO Details

    Initial public offer of 37,92,000* equity shares of face value of Rs. 10 each (Equity Shares) of Sangani Hospitals Limited (Company) for cash at a price of Rs. 40 per equity share (including a share premium of Rs. 30 per equity share) (Issue Price) aggregating to Rs. 15.17 crores of which to 1,92,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 40 per equity share including a share premium of Rs. 30 per equity share aggregating to Rs. 0.77 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 36,00,000 equity shares of face value of Rs. 10 each at a price of Rs. 40 per equity share aggregating to Rs. 14.40 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 27.52% and 26.13% respectively of the post issue paid up equity share capital of the company.The face value of equity shares is Rs. 10 each. The issue price is 4.00 times the face value of the equity shares.

    Objective of issue

    To carry out the capital expenditure for expansion in Sangani Hospital at. To carry out the capital expenditure for expansion in Sangani Super Speciality Hospital at. General corporate purposes.

    Sangani Hospitals Ltd Contact Details

    Sangani Hospitals Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs@sanganihospitals.com

    Website - www.sanganihospitals.com