Business Standard

Shanmuga Hospital Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

20.62 cr

Price Range (₹)

54

Lot Size

2000

Min Investment (₹)

1,08,000.00

Listing Exchange

BSE - SME

Open Date

-

Close Date

-

Listing Date

-

Latest IPO News

    Shanmuga Hospital Ltd IPO Details

    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.

    Objective of issue

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

    Shanmuga Hospital Ltd Contact Details

    Shanmuga Hospital Ltd, #30 Ramana Residency, 4th Cross Sampige Rd, Malleswaram, Bangalore - 560003

    Phone - 91-80-23460815-818

    Fax - 91-80-23460819

    Email - cs@smrft.org

    Website - www.shanmugahospital.com