Shanmuga Hospital Limited IPO GMP

Shanmuga Hospital Limited, a Multispecialty Hospital, was strategically established in Salem. Equipped with advanced healthcare technology and having 151 bed capacity, it addresses the community’s medical needs, serving patients from nearby regions. Accredited by the National Accreditation Board for Hospitals and Healthcare (NABH Accredited) and National Accreditation Board for Testing and Calibration Laboratories ("NABL Accredited"), the hospital is committed to high-quality healthcare services, including prevention, treatment, and rehabilitation.

Shanmuga Hospital, an Fixed Price Issue amounting to ₹ 20.62 Crores, consisting an entirely Fresh Issue of 38.18 Lakh Shares. The subscription period for the Shanmuga Hospital IPO opens on February 13, 2025, and closes on February 17, 2025. The allotment is expected to be finalized on or about Tuesday, February 18, 2025, and the shares will be listed on the NSE SME with a tentative listing date set on or about Friday, February 21, 2025.

The Share price of Shanmuga Hospital IPO is set at ₹ 54 per equity share. The Market Capitalisation of the Shanmuga Hospital Limited at IPO price of ₹ 54 per equity share will be ₹ 73.51 Crores. The lot size of the IPO is 2,000 shares. Retail investors are required to invest a minimum of ₹ 1,08,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (4,000 shares), amounting to ₹ 2,16,000.

FINSHORE MANAGEMENT SERVICES LIMITED is the book running lead manager of the Shanmuga Hospital IPO, while INTEGRATED REGISTRY MANAGEMENT SERVICES (P) LTD is the registrar for the issue. Black Fox Financial Private Limited is the Market Maker for Shanmuga Hospital IPO.

Shanmuga Hospital Limited IPO GMP Today
The Grey Market Premium of Shanmuga Hospital Limited IPO is expected to be ₹ 8 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.

Shanmuga Hospital Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 17 February, 2025, the Shanmuga Hospital Limited IPO live subscription status shows that the IPO subscribed 2.43 times on its Final day of subscription period. Check the Shanmuga Hospital IPO Live Subscription Status Today at BSE.

Shanmuga Hospital Limited Day Wise IPO GMP Trend

Shanmuga Hospital Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Shanmuga Hospital IPO allotment date is 18 February, 2025, Tuesday. Shanmuga Hospital IPO Allotment will be out on 18 February, 2025 and will be live on Registrar Website from the allotment date. Check Shanmuga Hospital IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Shanmuga 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 Shanmuga Hospital Limited IPO
Shanmuga Hospital proposes to utilise the Net Proceeds towards the following objects: 
A. ₹ 1,452.50 Lakhs is required for Funding Capital Expenditure towards Purchase of additional Medical Equipment
B. ₹ 383.28 Lakhs is required for General Corporate Purposes

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