Broach Lifecare Hospital Limited operates boutique hospitals under the brand name “Maple Hospitals”. The company provide dedicated 24 hours services to patients with heart ailments, including non-invasive cardiology services such as 2D Echocardiography, Electrocardiography, Treadmill Test, Holter monitoring, Ambulatory Blood Pressure Measurement, Stress test, and Dobutamine Stress Echocardiography.
The Bharuch hospital has 25 ultra-luxury in-patient beds and is equipped with diagnostic devices for various tests. It also provides high-end coronary care and life-saving equipment such as Intra-aortic Balloon Pump Machine, Biphasic Defibrillator, and Ventilators.
The company’s hospitals are NABH-certified as small primary-level healthcare organizations. Additionally, they have received certification from the Atomic Energy Regulatory Board for the PACS System and a fire safety certificate from local regulatory bodies to ensure patient safety. They are also a member of Globe Bio Care for biomedical waste disposal.
As of August 2024, the company’s hospitals are affiliated with 4 PSU insurance companies, 15 private insurance companies, and 8 third-party administrators (TPAs).
As on March 31, 2024, the company has 19 employees on its payroll.
Broach Lifecare Hospital IPO – Details
| IPO Opening Date | 13 August 2024 |
| IPO Closing Date | 16 August 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 16,08,000 Shares Worth ₹4.02 Crore Fresh Issue: 16,08,000 Shares Worth ₹4.02 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹25 |
| Market Lot | 6000 Shares |
| Min Order | 6000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Kfin Technologies Limited |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Broach Lifecare Hospital IPO – Date Schedule
| IPO Open Date | 13 August 2024 |
| IPO Close Date | 16 August 2024 |
| Basis of Allotment | 19 August 2024 |
| Initiation of Refund | 20 August 2024 |
| Credit of Shares to Demat Account | 20 August 2024 |
| IPO Listing Date | 21 August 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 16, 2024 |
Broach Lifecare Hospital IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹1,50,000 |
| Retail (Max) | 1 | 6000 | ₹1,50,000 |
| HNI (Min) | 2 | 12,000 | ₹3,00,000 |
Competitive Strengths
- Clinical Excellence and Affordable Healthcare;
- Strategic location;
- Strong empanelment;
- Ability to attract and retain high quality doctors, consultants and medical support staff; and
- Experienced Promoters, management team with a strong execution track record.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 | 2.60 | 1.67 | 0.69 | – |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 12.75% |
| ROCE | 12.77% |
| RoNW | 12.75% |
| P/BV | 2.04 |
| PAT Margin (%) | 26.77 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 1.56 | 1.15 |
| P/E (x) | 15.99 | 21.75 |
Object Of The Issue
- Purchase of Machineries;
- Development of Medical Tourism Web Portal; and
- General Corporate Purpose.
Broach Lifecare Hospital IPO Promoter Holding
| Pre Issue Share Holding | 86.74% |
| Post Issue Share Holding | 63.77% |
Broach Lifecare Hospital IPO Prospectus
- Broach Lifecare Hospital IPO DRHP
- Broach Lifecare Hospital IPO RHP
Company Contact Information
| Broach Lifecare Hospital Limited 501, 5th Floor, Corporate House, above Bharuch Orthopedic Hospital, R K Casta, Bharuch-392001 Phone: +91 94291 87226 Email: info@maplehospital.in Website: https://www.maplehospital.in/ |
Broach Lifecare Hospital IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: blhl.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Broach Lifecare Hospital IPO Lead Manager(s)
| 1. Fedex Securities Pvt Ltd |
Broach Lifecare Hospital IPO FAQs
| What is Broach Lifecare Hospital IPO? Broach Lifecare Hospital IPO is a SME IPO. The issue is priced at ₹25 per equity share. The IPO is to be listed on BSE SME. |
| When Broach Lifecare Hospital IPO will open? The IPO is to open on 13 August 2024 for Others and Retail Investors. |
| What is Broach Lifecare Hospital IPO Investors Portion? The investors’ portion for Other – 50%, and Retail – 50%. |
| How to Apply the Broach Lifecare Hospital IPO? You can apply Broach Lifecare Hospital IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Broach Lifecare Hospital IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Broach Lifecare Hospital IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Broach Lifecare Hospital IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Broach Lifecare Hospital IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Broach Lifecare Hospital IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Broach Lifecare Hospital IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Broach Lifecare Hospital IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Broach Lifecare Hospital IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Broach Lifecare Hospital IPO Size? Broach Lifecare Hospital IPO size is ₹4.02 Crore. |
| What is Broach Lifecare Hospital IPO Price Band? Broach Lifecare Hospital IPO Price Band is ₹25. |
| What is Broach Lifecare Hospital IPO Minimum and Maximum Lot Size for retail? The minimum bid is 6,000 Shares with ₹1,50,000 amount while the maximum bid is 6,000 Shares with ₹1,50,000. |
| What is the Broach Lifecare Hospital IPO Allotment Date? Broach Lifecare Hospital IPO allotment date is 19 August 2024. |
| What is the Broach Lifecare Hospital IPO Listing Date? Broach Lifecare Hospital IPO listing date is 21 August 2024. The IPO is to be listed on BSE SME. |
