Shanmuga Hospital SME IPO Details, Financials, Valuation & Peers
Explore Shanmuga Hospital IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Shanmuga Hospital Limited is a multispecialty hospital located in Salem, Tamil Nadu, providing comprehensive healthcare services. Originally established as a sole proprietorship in 1981 by Dr. Panneerselvam Palaniappan Shanmugam, the hospital has grown into a leading NABH and NABL-accredited medical institution. Over the years, it has expanded its facilities, including the Salem Cancer Institute, the first dedicated oncology center in the region. With a 151-bed capacity, Shanmuga Hospital offers specialized inpatient and outpatient care, covering disciplines such as oncology, cardiology, neurosurgery, neonatology, and emergency care. Equipped with state-of-the-art medical technology, including MRI, CT scan, X-ray, and modular operation theatres, the hospital ensures high-quality diagnostic and treatment services. The hospital is also empanelled with government agencies, corporate organizations, and insurance providers, making quality healthcare affordable and accessible to a broader population.
Key Points:
- Medical Facilities & Specialties
- 151-bed multispecialty hospital offering inpatient & outpatient services
- Key departments include:
- Oncology Unit
- Cardiac Care Unit (CCU)
- Intensive Care Unit (ICU) & Neonatal ICU (NICU)
- Emergency & High Dependency Units (ED & HDU)
- Neurosurgery, Endoscopy, and Labour Room
- Advanced diagnostic facilities with MRI, CT scan, X-ray, Ultrasound, and modular operation theatres
- Accreditations & Certifications
- National Accreditation Board for Hospitals & Healthcare (NABH)
- National Accreditation Board for Testing & Calibration Laboratories (NABL)
- Government & Corporate Tie-ups
- Empanelled with:
- Employees State Insurance Corporation (ESIC)
- Railway Hospital & Ex-Servicemen Contributory Health Scheme (ECHS)
- Airport Authority of India (AAI)
- Food Corporation of India (FCI) for employee healthcare
- Collaborations with insurance companies & third-party administrators (TPAs) for seamless claim processing
- Empanelled with:
Objects of the Issue
- Funding Capital Expenditure towards Purchase of additional Medical Equipment
- General Corporate Purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 13 Feb - 17 Feb 2025 |
| IPO Price Band | ₹54 per share |
| Fresh Issue | 38,18,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹20.62 crore |
| Face Value | ₹10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 13 Feb 2025 |
| IPO Closing Date | 17 Feb 2025 |
| Basis Of Allotment | 18 Feb 2025 |
| Refunds | 19 Feb 2025 |
| Demat Transfer | 19 Feb 2025 |
| IPO Listing Date | 20 Feb 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| Total Income | 41.47 | 39.50 | 43.39 | 24.83 |
| Total Expenses | 32.51 | 32.92 | 36.35 | 21.59 |
| Net Profit/Loss | 6.72 | 4.76 | 5.26 | 2.39 |
| NPM (*) | 16.20 | 12.06 | 12.13 | 9.64 |
| Total Assets | 10.65 | 23.05 | 33.92 | 36.53 |
| Total Liabilities | 3.59 | 11.23 | 16.78 | 17.01 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| EPS | 6.91 | 4.90 | 5.37 | 2.44 |
| ROE (%) | 95.16 | 40.28 | 30.71 | 12.25 |
| ROCE (%) | 125.69 | 42.72 | 35.89 | 15.09 |
| D/E Ratio | NA | 0.65 | 0.53 | 0.50 |
| Current Ratio | 2.37 | 1.85 | 1.05 | 1.18 |
| EBITDA MARGIN (%) | 21.72 | 18.42 | 19.61 | 17.74 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Shanmuga Hospital Limited | 43.04 | 10.05 | 5.37 | 5.98 | 17.49 |
| Asarfi Hospital Limited | 84.40 | 37.77 | 2.33 | 21.50 | 35.81 |
| Family Care Hospitals Limited | 40.01 | 2.59 | 2.32 | 2.45 | 10.81 |
| Aashka Hospitals Limited | 22.87 | 98.37 | 1.01 | 30.71 | 41.20 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 0.6 |
| Retail Individual Investor (RII) | 4.4 |
| Total | 2.5 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Integrated Registry Management Services Private limited
Phone: 080-23460815/816/817/818
Email: smeipo@integratedindia.in
Website: www.integratedregistry.in
Company Promoters
- Dr. Panneerselvam Palaniappan Shanmugam
- Dr. Prabu Sankar Panneerselvam
- Dr. Priyadharshni Dhandapani
- Mrs. Jayalakshmi Panneerselvam
Lead Managers
- FINSHORE MANAGEMENT SERVICES LIMITED
Company Address
Shanmuga Hospital Limited
51/24, Saradha College Road, Salem - 636007, Tamil Nadu, India
Phone: +91 427 2706674
Email: cs@smrft.org
Website: www.shanmugahospital.com
FAQs
- What is the issue size of the Shanmuga Hospital SME IPO?The Shanmuga Hospital SME IPO has an issue size of ₹20.62 crore. This includes a fresh issue of 38,18,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Shanmuga Hospital IPO?The price band for the Shanmuga Hospital IPO is ₹54 per share.
- What are the bidding dates for the Shanmuga Hospital IPO?The Shanmuga Hospital IPO will open for bidding on 13 Feb 2025 and close on 17 Feb 2025.
- What is the allotment date for the Shanmuga Hospital IPO?The allotment date for the Shanmuga Hospital IPO is 18 Feb 2025.
- What is the minimum lot size and investment required for the Shanmuga Hospital IPO?The minimum lot size for the Shanmuga Hospital IPO is 2000 shares and the minimum investment required is ₹1,08,000.
- What is the listing date for the Shanmuga Hospital IPO?The listing date for the Shanmuga Hospital IPO is 20 Feb 2025.
- What is the Shanmuga Hospital IPO grey market premium?The grey market premium (GMP) for the Shanmuga Hospital IPO is currently at ₹3, with an expected listing gain of approximately 5.56%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.