KK Shah Hospitals IPO GMP, Review, Price, Allotment

Last updated on November 6, 2023

KK Shah Hospitals IPO description – KK Shah Hospitals has 26 beds for in-patient treatment, the hospital is also equipped with diagnostic devices such as CT scan, DEXA scan, BMD, sonography, and X-ray machines.

The company is also a member of the Biomedical Waste Management System, Ratlam for the disposal of biomedical waste. KK Shah Hospitals is certified by the National Accreditation Board for Hospitals and Healthcare Providers (NABH) as a primary-level small healthcare organization in Madhya Pradesh.

The company conducted 75 – 80 surgeries per month (consisting of over 30 orthopedics, 15 gynecologists, 25 general surgery, 10 dental & other branches) during the FY 2021-22 and also during the period starting from 1 April 2022 to 15 February 2023 and provided healthcare services to an aggregate of approx. 2,200 – 2,350 patients per month, consisting of approx. 200 – 250 Indoor Patients per month and approx. 2000 – 2100 Outpatient per month.

On January 28, 2023, KK Shah Hospitals entered into an agreement with M/s. Life Care Diet Service which provides food services to its patients and a cafeteria for the attendants in the hospital.

Promoters of KK Shah Hospitals – Dr. Amit Shah, and Dr. Kirti Kumar Shah

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KK Shah Hospitals IPO Details

KK Shah Hospitals IPO Dates	27 – 31 Oct 2023
KK Shah Hospitals IPO Price	INR 45 per share
Fresh issue	19,50,000 shares (INR 8.78 crore)
Offer For Sale	NIL
Total IPO size	19,50,000 shares (INR 8.78 crore)
Minimum bid (lot size)	3,000 shares (INR 135,000)
Face Value	INR 10 per share
Retail Allocation	50%
Listing On	BSE SME

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KK Shah Hospitals Financial Performance

	25 Aug 2022 – 31 Mar 2023	Q1 FY 2024
Revenue	211.86	161.85
Expenses	184.97	149.48
Net income	21.81	9.53

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KK Shah Hospitals Offer News

• KK Shah Hospitals RHP
• KK Shah Hospitals Draft Prospectus
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Allotment Status

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KK Shah Hospitals Valuations & Margins

	FY 2023
EPS	0.45
PE ratio	100
RONW (%)	4.28
NAV	10.48
ROCE (%)	5.27
EBITDA (%)	17.27
Debt/Equity	–

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KK Shah Hospitals IPO GMP Today

Date	Consolidated IPO GMP	Kostak	Subject to Sauda
4 November 2023	4	–	8,000
3 November 2023	4	–	8,000
2 November 2023	3	–	6,000
1 November 2023	3	–	6,000
31 October 2023	4	–	7,000
30 October 2023	7	–	9,500
28 October 2023	10	–	11,000
27 October 2023	10	–	11,000

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KK Shah Hospitals IPO Subscription – Live Updates

Category	NII	Retail	Total
Shares Offered	975,000	975,000	1,950,000
31 Oct 2023	16.93	8.90	12.92
30 Oct 2023	2.93	2.80	2.86
27 Oct 2023	1.89	0.94	1.42

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KK Shah Hospitals IPO Allotment Status

KK Shah Hospitals IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.

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KK Shah Hospitals IPO Dates & Listing Performance

IPO Opening Date	27 October 2023
IPO Closing Date	31 October 2023
Finalization of Basis of Allotment	2 November 2023
Initiation of refunds	3 November 2023
Transfer of shares to demat accounts	6 November 2023
IPO Listing Date	6 November 2023
Opening Price on BSE SME	INR 56.1 per share (up 24.67%)
Closing Price on BSE SME	INR 58.90 per share (up 30.89%)

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KK Shah Hospitals 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

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KK Shah Hospitals 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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KK Shah Hospitals India Contact Details

KK SHAH HOSPITALS LIMITED
124, Katju Nagar, Swastik APP.,
Ratlam-457001, Madhya Pradesh, India
Phone: 07412230199
E-mail: [email protected]
Website: www.shahhospitalratlam.com

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