IPO Synopsis

Shanmuga Hospital Ltd
Registered Office: #.51/24 Saradha College Road, ,Salem-636007, Tamil Nadu
Tel. No: +91 427 2706 674
Fax No:
Email: cs@smrft.org
Website: www.shanmugahospital.com
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.
Issue Money Payable On
Opens On Closes On Application Allotment
13-Feb-2025 17-Feb-2025 ₹54.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of :2000
(₹ Cr) Lead Managers to the Issue
Project Cost 18.36 Finshore Management Services Ltd
Project Financed through Current Offer 20.62
Post Issue Equity Share Capital 13.61
Issue Price 54.00
Projects
Funding capital expenditure towards purchase of additional medical equipment
General corporate expenses
Promoted By
Paneerselvam Palaniappan Shanm
Prabhu Sankar Paneerselvam
Priyadharshni Dhandapani
Listing At
BSE - SME
Registrar To The Issue