Sangani Hospitals Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 360,000 (9%) | — | ₹14 Cr |
| NII (HNI) | — | 1,620,000 (43%) | — | ₹648 Cr |
| Retail | — | 1,620,000 (43%) | — | ₹648 Cr |
| Market Maker | — | 192,000 (5%) | — | ₹8 Cr |
| Σ Total | — | 3,792,000 (100%) | — | ₹15,168 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹120,000 |
| Retail (Max) | 13 | 39,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,040,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Revenue | 1,576 | 421 | 498 |
| Profit After Tax | 148 | 105 | 79 |
| Net Worth | 1,797 | 502 | 169 |
| Total Assets | 1,959 | 705 | 299 |
| Reserves & Surplus | 799 | 107 | 169 |
| Total Borrowing | 35 | — | 10 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To carry out the capital expenditure for expansion in Sangani Hospital at Keshod, Gujarat – 8.10
- To carry out the capital expenditure for expansion in Sangani Super Speciality Hospital at Veraval, Gujarat – 3.19
- General corporate purposes – 1.61
Company Overview
Incorporated in 2021, Sangani Hospitals Limited is a healthcare organization. They embarked on their journey in 2001 with the establishment of Sangani Hospital in Keshod. Sangani Hospitals is a multi-specialty healthcare provider operating in the Keshod and Veraval regions of Gujarat.
Sangani Hospitals is promoted by Dr. Ajaykumar Natwarlal Sangani, MBBS, DLO & MS(E.N.T.), and his brother Dr. Rajeshkumar Natwarlal Sangani, MBBS & MD. They have been in the medical practice for nearly two decades.
The organization offers its specialty in a variety of departments and unit, including-
ENT Department, OBST-Gynec Department, Dialysis unit, Orthopedic Department, Joint Replacement, General Surgery Department, Urosurgery, Trauma unit, Dental Surgery Department, Physiotherapy unit, laparoscopic surgery, and so on.
Sangani Hospitals at present offers its specialty services and other support services out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat and Sangani Super Speciality Hospital, Veraval, Gujarat.