Broach Lifecare (Maple) Hospital Limited IPO GMP

At Broach Lifecare (Maple) Hospital, they take immense pride in being at the forefront of healthcare, with a dedicated focus on cardiac ailments. Their state-of-the-art facility boasts an ultra-modern cathlab, a testament to their commitment to providing the highest quality care to their patients.

Broach Lifecare Hospital, a Fixed Price Issue amounting to ₹4.02 crores, consisting entirely a Fresh Issue of 16.08 Lakh Shares. The subscription period for the Broach Lifecare Hospital IPO opens on August 13, 2024, and closes on August 16, 2024. The allotment is expected to be finalized on or about Monday, August 19, 2024, and the shares will be listed on the BSE NSE with a tentative listing date set on or about Wednesday, August 21, 2024.

The Share price of Broach Lifecare Hospital IPO is set at ₹25 equity per share, with a minimum lot size of 6,000 shares. Retail investors are required to invest a minimum of ₹150,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (12,000 shares), amounting to ₹300,000.

FEDEX SECURITIES PRIVATE LIMITED is the book-running lead manager, KFIN TECHNOLOGIES LIMITED is the registrar for the Issue. Aftertrade Broking Private Limited (formerly known as RCSPL Share Broking Private Limited) will act as the Market Maker for the Broach Lifecare Hospital IPO.

Broach Lifecare Hospital Limited IPO GMP Today
The Grey Market Premium of Broach Lifecare Hospital Limited IPO is expected in the range of ₹2.5 to ₹3.5 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Broach Lifecare Hospital Limited IPO Allotment Status
Broach Lifecare Hospital IPO allotment date is 19 August, 2024, Monday. Broach Lifecare Hospital IPO Allotment will be out on 19th August 2024 and will be live on Registrar Website from the allotment date. Check Broach Lifecare Hospital Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Broach Lifecare Hospital Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Broach Lifecare Hospital Limited IPO
Broach Lifecare Hospital Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
(i) ₹402.00 Lakhs is required for Purchase of Machineries; 
(ii) ₹45.00 Lakhs is required for Development of Medical Tourism Web Portal; and 
(iii) General Corporate Purpose

Refer to Broach Lifecare Hospital Limited RHP for more details about the Company.