IPO Synopsis

Sangani Hospitals Ltd
Registered Office: Sainath Society Opp S.T.KSD T,Taluka Keshod,Junagadh-362220, Gujarat
Tel. No: 02871-23 5900
Fax No:
Email: cs@sanganihospitals.com
Website: www.sanganihospitals.com
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.
Issue Money Payable On
Opens On Closes On Application Allotment
04-Aug-2023 08-Aug-2023 ₹40.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of :3000
(₹ Cr) Lead Managers to the Issue
Project Cost 12.90 Unistone Capital Pvt Ltd
Project Financed through Current Offer 15.17
Post Issue Equity Share Capital 13.78
Issue Price 40.00
Projects
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
Promoted By
Ajaykumar Sangani
Rajeshkumar Sangani
Kamalkumar Sangani
Listing At
NSE - SME
Registrar To The Issue