Hemant Surgical IPO Date, Price, Market Lot, Subscription

Last updated on June 16, 2023

Hemant Surgical IPO GMP

Allotment Status

Hemant Surgical IPO date is 24 May 2023. The IPO price band is set at INR 85 – 90 per share. The issue comprises of sale of total shares worth up to 27,60,000 equity shares (INR 23.46 – 24.84 crores).

Promoters of Hemant Surgical – Hanskumar Shamji Shah, Kaushik Hanskumar Shah, and Hemant Praful Shah

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Hemant Surgical Business Description

Incorporated in 1989, Hemant Surgical Industries is engaged in the business of manufacturing, importing, assembling, and it’s market a comprehensive portfolio of medical equipment and disposables.

Its wide range of products includes some indigenously manufactured products along with some other products that are imported from countries like: Japan, China France, and Australia.

Hemant Surgical Industries’ product portfolio comprises a wide array of healthcare products and medical equipment, manufactured, assembled, or imported by its company.

• Renal Care
• Cardiovascular Disease
• Respiratory Disease
• Critical Care And Radiology
• Surgical Disposables

Hemant Surgical Industries presently has one manufacturing unit and two assembly units.

• Manufacturing Unit I is situated at Achad Industrial Estate – where it first started operations in 1999 and are currently manufacturing products like: Dialysis solution (liquid and Powder) used in dialysis, Hot and Cold Sterilant used for cleaning dialyzer, Purified water used in rinsing and cleaning of dialysis machines and sanitizer.
• Assembly Unit II situated at Atgaon – For assembly of various medical devices like: Nebulizers, Oxygen Concentrator, Air Mattress, Digital Thermometer, Pulse Oximeters, ECG Electrodes, and Dialyzer.
• Assembly Unit III situated at Bhiwandi – For assembly of products like: Intravenous infusion sets, ECG Machines, Ultrasound Machines, Paramonitor, Ventilators, etc.

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Hemant Surgical IPO Date, Size & Price Band

Hemant Surgical IPO Date	24 – 26 May 2023
IPO Price Band	INR 85 – 90 per share
Fresh issue	27,60,000 shares (INR 23.46 – 24.84 crores)
Offer For Sale	NIL
Total IPO size	27,60,000 shares (INR 23.46 – 24.84 crores)
Minimum bid (lot size)	1,600 shares (INR 144,000)
Face Value	INR 10 per share
Retail Allocation	35%
Listing On	BSE SME

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Hemant Surgical Financial Performance

	FY2021	FY2022	FY2023
Revenue	59.76	103.57	109.15
Expenses	59.13	99.66	101.44
Net income	1.15	4.61	7.65

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Hemant Surgical Offer News

• Hemant Surgical RHP
• Hemant Surgical DRHP
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Allotment Status

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Hemant Surgical IPO Timetable

IPO Opening Date	24 May 2023
IPO Closing Date	26 May 2023
Finalization of Basis of Allotment	31 May 2023
Initiation of refunds	1 June 2023
Transfer of shares to demat accounts	2 June 2023
Listing Date	5 June 2023
Opening Price on BSE	INR 171 per share (up 90% )
Closing Price on BSE	INR 179.55 per share (up 99.50%)

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Hemant Surgical Valuations & Margins

	FY 2021	FY 2022	FY 2023
EPS	2.22	8.96	10.28
PE ratio	–	–	8.27 – 8.75
RONW (%)	13.42	35.09	32.42
NAV	16.58	25.54	31.70
ROCE (%)	14.44	33.73	37.98
EBITDA (%)	5.13	6.05	9.32
Debt/Equity	1.69	0.74	0.30

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Hemant Surgical IPO Subscription – Live Updates

Category	QIB	NII	Retail	Total
Shares Offered	523,200	537,600	916,800	1,977,600
26 May 2023	41.05	203.26	158.73	139.70
25 May 2023	2.29	20.52	46.13	27.57
24 May 2023	0.00	1.14	4.90	2.58

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Hemant Surgical IPO Allotment

Hemant Surgical IPO allotment status is now available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.

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Hemant Surgical Offer Lead Manager

HEM SECURITIES LIMITED
904, A Wing, Naman Midtown,
Senapati Bapat Marg, Elphinstone Road,
Lower Parel, Mumbai-400013, Maharashtra
Phone: +91- 022- 49060000
Email: [email protected]
Website: www.hemsecurities.com

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Hemant Surgical Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  [email protected]
Website: www.bigshareonline.com

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Hemant Surgical Contact Details

HEMANT SURGICAL INDUSTRIES LIMITED
502, 5th Floor, Ecstacy Business Park,
Co-Op Society Limited, J.S.D. Road, Mulund (West) – 400 080
Phone: 022-25915289/ 022-25912747
E-mail: [email protected]
Website: www.hemantsurgical.com

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Hemant Surgical IPO FAQs