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Open
24 May 2023
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Close
26 May 2023
3
Allotment
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Listing
Mon, Jun 5, 2023
Price Band
₹85 to ₹90
Issue Size
27,60,000 shares (agg. up to ₹25 Cr)
Lot Size
1,600 Shares
Listing Date
Mon, Jun 5, 2023
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 104.86x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 64.91 | 54.38 | 42.90 |
| Total Income | 111.50 | 105.77 | 60.65 |
| Profit After Tax | 7.65 | 4.61 | 1.15 |
| NET Worth | 23.60 | 12.98 | 8.37 |
| Reserves and Surplus | 15.92 | 11.15 | 6.53 |
| Total Borrowing | 7.12 | 9.74 | 14.46 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vasa Denticity Ltd. | SME | ₹54.07 Cr | ₹128 | 30.62 | ₹221.55 | +73.09% | ₹404.85 (+4.28%) |
| QMS Medical Allied Services Ltd. | SME | ₹56.87 Cr | ₹121 | 20.1 | ₹134.40 | +11.07% | ₹110.24 (-1.69%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards installation of additional plant and machinery | 7.51 |
| 2 | Funding to meet working capital requirements | 10.00 |
| 3 | General Corporate Purpose | 3.14 |
About Hemant Surgical Industries IPO
Incorporated in 1989, Hemant Surgical Industries Limited is engaged in the business of manufacturing, importing, and assembling. Also, the company markets a comprehensive portfolio of medical equipments and disposables. The wide spectrum of equipments and disposables offered by the company includes: Renal Care Cardiovascular disease Respiratory disease Critical Care and Radiology Surgical disposables The products processed in the assembly units of the company are imported from countries like: Japan, China France, and Australia. Hemant Surgical Industries presently has one manufacturing unit and two assembly units. The first Manufacturing Unit is situated at Achad Industrial Estate. The company started its operations of importing and marketing of medical disposables through this unit in 1999. The other two assembling units are located at Atgaon and Bhiwandi, respectively. These two assembling units undertake the assembling of medical products and devices. The company's facilities are ISO 9001:2015 and ISO 13485:2016 certified. They have a fully equipped quality control department with experienced and qualified staff to facilitate smooth manufacturing and assembly line processes.+ Re
Contact Details
Hemant Surgical Industries Ltd. Address502, 5th Floor, Ecstacy Business ParkCo-Op Society Limited, J.S.D.RoadMulund (West)Mumbai, Maharashtra, 400080022-25915289/ 022- 259127cs@hemantsurgical.comVisit Website