Last updated on August 17, 2023
Sangani Hospitals IPO Description – Incorporated in 2021, Sangani Hospitals is a healthcare organization founded by Dr. Ajaykumar Sangani. It started its journey with the establishment of Sangani Hospital in Keshod in the year 2001. Sangani Hospitals is a multi-specialty healthcare provider operating in the Keshod and Veraval regions of Gujarat with a combined bed capacity of 68 beds.
The hospital has been certified with ISO 9001:2015 for quality management systems for the scope of services that includes MD-ICU, ICCU, ECHO-TMT, Dialysis, Orthopaedic Department, PFT, EECP, Diabetic, Clinic, ENT- EAR, NOSE, Throat Head & Neck Surgery, Laser Surgery, Trauma Unit, Endoscopy, Audiology, Vertigo Clinic, OBST & Gynee-USG-Doppler, Normal Delivery, Joint Replacement Facility, Gynec Surgery, Infertility Clinic, Radiology Unit – Xray, Sonography, CT Scan, General Surgery, all type of general surgery, Dental Surgery, Uro Surgery, and hospital services.
Currently, the company operates out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat, and Sangani Super Speciality Hospital, Veraval, Gujarat.
Promoters of Sangani Hospitals – Dr. Ajaykumar Sangani, Dr. Rajeshkumar Sangani, Kamalkumar Sangani & Dr. Vaishali Sangani
Table of Contents
Sangani Hospitals IPO Details
| Sangani Hospitals IPO Dates | 4 – 8 August 2023 |
| Sangani Hospitals IPO Price | INR 37 – 40 per share |
| Fresh issue | 37,92,000 shares (INR 14.03 – 15.17 crore) |
| Offer For Sale | NIL |
| Total IPO size | 37,92,000 shares (INR 14.03 – 15.17 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 120,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 45% |
| Listing On | NSE SME |
Sangani Hospitals Financial Performance
|  | FY 2021 | 1 Apr – 13 Dec FY 2022 | 14 Dec – 31 Mar FY 2022 | FY 2023 |
| Revenue | 497.29 | 607.82 | 420.50 | 1566.79 |
| Expenses | 392.70 | 456.61 | 278.54 | 1374.69 |
| Net income | 78.96 | 114.06 | 105.35 | 148.37 |
Sangani Hospitals Offer News
- Sangani Hospitals RHP
- Sangani Hospitals Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Sangani Hospitals Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 4.68 | 5.85 | 1.49 |
| PE ratio | – | – | 24.83 – 26.85 |
| RONW (%) | 44.84 | 65.46 | 12.91 |
| NAV | – | – | 10.0 |
| ROCE (%) | 55.71 | 55.20 | 11.26 |
| EBITDA (%) | 24.10 | 29.76 | 20.08 |
| Debt/Equity | 0.20 | 0.08 | 0.01 |
Sangani Hospitals IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 16 August 2023 | 2 | – | – |
| 14 August 2023 | 2 | – | – |
| 12 August 2023 | 2 | – | – |
| 11 August 2023 | 2 | – | – |
| 10 August 2023 | 2 | – | – |
| 9 August 2023 | 2 | – | – |
| 8 August 2023 | 2 | – | – |
| 7 August 2023 | 2 | – | – |
| 5 August 2023 | 2 | – | – |
| 4 August 2023 | 3 | – | – |
| 3 August 2023 | 3 | – | – |
| 2 August 2023 | 8 | – | – |
Sangani Hospitals IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 552,000 | 1,620,000 | 1,620,000 | 3,792,000 |
| 8 Aug 2023 | 7.45 | 1.50 | 6.17 | 4.36 |
| 7 Aug 2023 | 0.91 | 0.79 | 3.36 | 1.91 |
| 4 Aug 2023 | 0.91 | 0.21 | 1.26 | 0.76 |
Sangani Hospitals IPO Allotment Status
Sangani Hospital IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Sangani Hospitals IPO Dates & Listing Performance
| IPO Opening Date | 4 August 2023 |
| IPO Closing Date | 8 August 2023 |
| Finalization of Basis of Allotment | 11 August 2023 |
| Initiation of refunds | 14 August 2023 |
| Transfer of shares to demat accounts | 16 August 2023 |
| IPO Listing Date | 17 August 2023 |
| Opening Price on NSE SME | INR 44 per share (up 10%) |
| Closing Price on NSE SME | INR 41.85 per share (up 4.63%) |
Sangani Hospitals Offer Lead Manager
UNISTONE CAPITAL PRIVATE LIMITED
A/305, Dynasty Business Park, Andheri Kurla Road,
Andheri East, Mumbai 400059, Maharashtra
Phone:+91 98200 57533
Email:Â [email protected]
Website:Â www.unistonecapital.com
Sangani 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:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Sangani Hospitals Contact Details
SANGANI HOSPITALS LIMITED
Sainath Society, Opp. S. T., KSD T, Village – Keshod,
Taluka – Keshod, Junagadh – 362220, Gujarat, India
Phone: 02871-23 5900
E-mail: [email protected]
Website: www.sanganihospitals.com
IPO FAQs
What is Sangani HospitalsIPO offer size?
Sangani Hospitals offer size is INR 14.03 – 15.17 crores.
What is the Sangani Hospitals offer price band?
Sangani Hospitals public offer price is INR 37 – 40 per share.
What is the lot size of Sangani Hospitals public offer?
Sangani Hospitals offer lot size is 3,000 shares.
What is Sangani Hospitals IPO GMP today?
Sangani Hospitals IPO GMP today is INR 2 per share.
What is Sangani Hospitals kostak rate today?
Sangani Hospitals kostak rate today is INR NA per application.
What is Sangani Hospitals Subject to Sauda rate today?
Sangani Hospitals Subject to Sauda rate today is INR NA per application.
