Last updated on June 1, 2023

Hemant Surgical IPO 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 of 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.

Promoters of Hemant Surgical – Hanskumar Shamji Shah, Kaushik Hanskumar Shah, and Hemant Praful Shah
Table of Contents
Hemant Surgical IPO Details
Hemant Surgical IPO Dates | 24 – 26 May 2023 |
Hemant Surgical IPO Price | 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 |
Hemant Surgical Financial Performance
FY 2021 | FY 2022 | FY 2023 | |
Revenue | 59.76 | 103.57 | 109.15 |
Expenses | 59.13 | 99.66 | 101.44 |
Net income | 1.15 | 4.61 | 7.65 |
Hemant Surgical Offer News
- Hemant Surgical RHP
- Hemant Surgical Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
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 |
Hemant Surgical IPO GMP Today
Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
30 May 2023 | 60 | – | 75,000 |
29 May 2023 | 57 | – | 73,000 |
26 May 2023 | 50 | – | 65,000 |
25 May 2023 | 45 | – | 65,000 |
24 May 2023 | 40 | – | 65,000 |
23 May 2023 | 35 | – | 60,000 |
22 May 2023 | 15 | – | – |
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 |
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
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
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
Hemant Surgical IPO Allotment Status
Hemant Surgical IPO allotment status is now available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.
Hemant Surgical IPO Dates & Listing Performance
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 |
Hemant Surgical IPO Listing Date | 5 June 2023 |
Opening Price on BSE SME | Coming soon |
Closing Price on BSE SME | Coming soon |
Hemant Surgical IPO FAQs
What is the Hemant Surgical offer size?
Hemant Surgical offer size is INR 23.46 – 24.84 crores.
What is the Hemant Surgical IPO Price Band?
Hemant Surgical public offer price is INR 85 – 90 per share.
What is the lot size of the Hemant Surgical IPO?
Hemant Surgical offer a lot size is 1,600 shares.
What is Hemant IPO GMP today?
Hemant IPO GMP today is INR 60 per share.
What is the Hemant kostak rate today?
Hemant kostak rate today is NA per application.
What is Hemant Subject to Sauda rate today?
Hemant Surgical Subject to Sauda rate today is INR 75,000 per application.