Last updated on August 22, 2024
Check out Broach Lifecare IPO GMP, Kostak rates, and Subject to Sauda rates with the latest updates. Broach Lifecare IPO GMP activity started ahead of the public offer. The latest GMP for Broach Lifecare IPO is INR NA per share, indicating an expected profit of NA on listing.
Before going ahead, please note that the IPO grey market is an unofficial and unregulated market with much volatility. Therefore, your investment decision should not be completely based on Broach Lifecare IPO premium movement.
Broach Lifecare IPO GMP Trend
| Date | IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Broach Lifecare IPO is scheduled to open on 13 to 16 August 2024. The public offer involves a fresh issue of 16,08,000 shares, priced in the range of INR 25 per share. In total, Broach Lifecare’s IPO size is pegged at INR 4.02 crore.
Incorporated in 2023, Broach Lifecare Hospital operates boutique hospitals under the brand “Maple Hospitals” and provides dedicated round-the-clock services to patients with heart ailments. These services include non-invasive cardiology procedures such as 2D echocardiography, electrocardiography, treadmill testing, Holter monitoring, ambulatory blood pressure measurement, stress testing, and dobutamine stress echocardiography.
The Bharuch Hospital features 25 ultra-luxury in-patient beds and diagnostic devices for various tests. It also provides high-end coronary care and life-saving equipment, including an intra-aortic balloon pump machine, biphasic defibrillators, and ventilators.
As of August 2024, the company’s hospitals are affiliated with four PSU insurance companies, 15 private insurance companies, and eight third-party administrators (TPAs). Additionally, the company has applied for empanelment of the hospitals under the Government of India’s flagship scheme, Ayushman Bharat Yojana, popularly known as PM-JAY (Pradhan Mantri Jan Arogya Yojana). As of 31 March 2024, the company has 19 employees on its payroll.
Promoters of Broach Lifecare Hospital – Dr. Jaykumar Narendra Vyas, Dr. Shachi Jaykumar Vyas, and Mrs. Dhyuti Krupesh Joshi
Table of Contents
Broach Lifecare Hospital IPO Details
| Broach Lifecare IPO Dates | 13 – 16 August 2024 |
| Broach Lifecare Issue Price | INR 25 per share |
| Fresh issue | 16,08,000 shares (INR 4.02 crore) |
| Offer For Sale | NIL |
| Total IPO size | 16,08,000 shares (INR 4.02 crore) |
| Minimum bid (lot size) | 6,000 shares (INR 1,50,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Broach Lifecare Financial Performance
| FY 2024 | |
| Revenue | 260.58 |
| Expenses | 167.24 |
| Net income | 69.76 |
Broach Lifecare Offer News
- Broach Lifecare RHP
- Broach Lifecare Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Broach Lifecare Valuations & Margins
| FY 2024 | |
| EPS | 1.56 |
| PE ratio | 15.99 |
| RONW (%) | 12.75 |
| NAV | 12.26 |
| ROCE (%) | 17.09 |
| EBITDA (%) | 39.38 |
| Debt/Equity | 0.00 |
Broach Lifecare IPO Dates & Listing Performance
| IPO Opening Date | 13 August 2024 |
| IPO Closing Date | 16 August 2024 |
| Finalization of Basis of Allotment | 19 August 2024 |
| Initiation of refunds | 20 August 2024 |
| Transfer of shares to demat accounts | 20 August 2024 |
| IPO Listing Date | 21 August 2024 |
| Opening Price on BSE SME | INR 47.5 per share (up 90%) |
| Closing Price on BSE SME | INR 49.87 per share (up 99.48%) |
Broach Lifecare Offer Lead Manager
FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email: [email protected]
Website: www.fedsec.in
Broach Lifecare Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: 91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Broach Lifecare IPO Contact Details
BROACH LIFECARE HOSPITAL LIMITED
501, 5th Floor, Corporate House,
above Bharuch Orthopedic Hospital,
R K Casta, Bharuch, Gujrat-392001, India
Phone: +91 9429187226
E-mail: [email protected]
Website: www.maplehospital.in
IPO GMP Dashboard – IPO Discussion
You can check the latest GMP of all current and recently closed IPOs on our IPO GMP Dashboard. Please note that the dashboard includes data for both Mainboard and SME IPOs and is updated regularly. This is helpful to investors looking for expected listing gains of all IPOs in one place.
IPO GMP is the per share premium an IPO commands in the grey market before the listing of shares. In simple terms, this IPO premium indicates the price gray market buyers are willing to pay over and above the allotment price asked by the company. As such, GMP indicates that the offer is likely to list at higher prices and reward successful applicants. On the other hand, an IPO grey market discount indicates that the offer is likely to list at lower rates.
IPO FAQs
What is the Broach Lifecare offer size?
Broach Lifecare offer size is INR 4.02 crores.
What is the Broach Lifecare offer price band?
Broach Lifecare public offer price is INR 25 per share.
What is the lot size of the Broach Lifecare IPO?
Broach Lifecare offer a lot size is 6,000 shares.
What is Broach Lifecare IPO GMP today?
Broach Lifecare IPO GMP today is INR NA per share.
What is the Broach Lifecare kostak rate today?
Broach Lifecare kostak rate today is INR NA per application.
What is Broach Lifecare Subject to Sauda rate today?
Broach Lifecare is Subject to the Sauda rate today is INR NA per application.
What are Broach Lifecare IPO’s expected listing price and return?
As per the prevailing grey market premium, Broach Lifecare IPO’s expected listing price is INR per share while return is likely to be %.
