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Open
4 Aug 2023
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Close
8 Aug 2023
3
Allotment
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Listing
Thu, Aug 17, 2023
Price Band
₹37 to ₹40
Issue Size
37,92,000 shares (agg. up to ₹15 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Aug 17, 2023
Latest GMP
₹1
Est. Gain
2.5%
✦ AI Insight
GMP Trend
17-08-2023₹1Est. ₹41+2.5%
16-08-2023₹1Est. ₹41+2.5%
15-08-2023₹1Est. ₹41+2.5%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.42x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 19.59 | 7.05 | 2.99 | 3.30 |
| Total Income | 15.76 | 4.21 | 4.98 | 4.46 |
| Profit After Tax | 1.48 | 1.05 | 0.79 | 0.23 |
| NET Worth | 17.97 | 5.02 | 1.69 | 1.83 |
| Reserves and Surplus | 7.99 | 1.07 | 1.69 | |
| Total Borrowing | 0.10 | 0.35 | 0.35 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Asarfi Hospital Ltd. | SME | ₹26.94 Cr | ₹52 | 12.78 | ₹103.74 | +99.50% | ₹220.00 (-1.15%) |
| Aatmaj Healthcare Ltd. | SME | ₹38.40 Cr | ₹60 | 17.6 | ₹53.20 | -11.33% | ₹19.70 (+1.81%) |
| Yatharth Hospital & Trauma Care Services Ltd. | Mainboard | ₹686.55 Cr | ₹300 | 39.16 | ₹333.85 | +11.28% | ₹859.30 (+1.97%) |
| Global Health Ltd. | Mainboard | ₹2,205.57 Cr | ₹336 | 38.36 | ₹415.30 | +23.60% | ₹1,332.20 (-0.61%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To carry out the capital expenditure for expansion in Sangani Hospital at Keshod, Gujarat | 8.10 |
| 2 | To carry out the capital expenditure for expansion in Sangani Super Speciality Hospital at Veraval, Gujarat | 3.19 |
| 3 | General corporate purposes | 1.61 |
About Sangani Hospitals IPO
Incorporated in 2021, Sangani Hospitals Limited is a healthcare organization. They embarked on their journey in 2001 with the establishment of Sangani Hospital in Keshod. Sangani Hospitals is a multi-specialty healthcare provider operating in the Keshod and Veraval regions of Gujarat. Sangani Hospitals is promoted by Dr. Ajaykumar Natwarlal Sangani, MBBS, DLO & MS(E.N.T.), and his brother Dr. Rajeshkumar Natwarlal Sangani, MBBS & MD. They have been in the medical practice for nearly two decades. The organization offers its specialty in a variety of departments and unit, including- ENT Department, OBST-Gynec Department, Dialysis unit, Orthopedic Department, Joint Replacement, General Surgery Department, Urosurgery, Trauma unit, Dental Surgery Department, Physiotherapy unit, laparoscopic surgery, and so on. Sangani Hospitals at present offers its specialty services and other support services out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat and Sangani Super Speciality Hospital, Veraval, Gujarat.+ Read More
Contact Details
Sangani Hospitals Ltd. AddressSainath Society, Opp.S.T., KSD TVillage-KeshodTaluka-KeshodJunagadh, Gujarat, 36222002871-23 5900cs@sanganihospitals.comVisit Website