Hannah Joseph Hospital Limited is a multi-specialty healthcare provider based in Madurai, Tamil Nadu, delivering comprehensive and affordable medical services across key clinical specialties. The hospital operates on a 2-acre integrated healthcare campus, equipped with central air conditioning and centralized water heating systems. It has a combined capacity of 150 beds, enabling efficient inpatient and critical care services.
The company focuses on addressing the growing demand for quality, accessible, and cost-effective healthcare in the region by combining modern medical infrastructure with experienced healthcare professionals. Its service model emphasizes patient-centric care while aligning with global medical practices and local patient needs.
Hannah Joseph Hospital has developed specialized capabilities in the following high-demand medical segments:
- Neurology and Neurosurgery, catering to complex neurological disorders.
- Cardiology, providing diagnosis and treatment for cardiac conditions.
- Psychiatry, addressing mental health and behavioral disorders.
- Trauma Care, offering emergency and surgical interventions for accident and injury cases.
The hospital’s clinical services are organized across specialized departments, including:
- Department of Neurosciences – Neurology and Neurosurgery.
- Department of Cardio Sciences – Cardiology.
- Department of Trauma Care – Orthopaedics and Oral & Maxillofacial Surgery.
- Department of Psychiatry – Psychiatry.
As of November 30, 2025, Hannah Joseph Hospital Limited employed 364 personnel, including doctors, nurses, paramedical staff, and administrative professionals, ensuring smooth hospital operations and quality patient care.

Hannah Joseph Hospital IPO – Details
| IPO Opening Date | 22 January 2026 |
| IPO Closing Date | 27 January 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 60,00,000 Shares Worth ₹42.00 Crore Fresh Issue: 60,00,000 Shares Worth ₹42.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹67 – ₹70 per share |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Bigshare Services Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Hannah Joseph Hospital IPO – Date Schedule
| IPO Open Date | 22 January 2026 |
| IPO Close Date | 27 January 2026 |
| Basis of Allotment | 28 January 2026 |
| Initiation of Refund | 29 January 2026 |
| Credit of Shares to Demat | 29 January 2026 |
| IPO Listing Date | 30 January 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 27, 2026 |
Hannah Joseph Hospital IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4000 | ₹2,80,000 |
| Retail (Max) | 2 | 4000 | ₹2,80,000 |
| S-HNI (Min) | 3 | 6000 | ₹4,20,000 |
| S-HNI (Max) | 7 | 14000 | ₹9,80,000 |
| B-HNI (Min) | 8 | 16000 | ₹11,20,000 |
Competitive Strength
- Excellence in Neurosciences.
- Advanced Cardiac Sciences.
- Expertise in Orthopaedics and Traumatology.
- Robust Emergency and Critical Care.
- Commitment to Patient-Cantered Care.
- Community Engagement and Outreach.
Company Promoters
- Mosesjoseph Arunkumar
- Fenn Kavitha Fenn Arunkumar
- Arunkumar Nalina
- Noyel Arunkumar
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹54.90 Cr | ₹53.88 Cr | ₹1.01 Cr | ₹42.95 Cr |
| 31 March 2024 | ₹63.63 Cr | ₹58.29 Cr | ₹4.07 Cr | ₹31.39 Cr |
| 31 March 2025 | ₹77.90 Cr | ₹67.55 Cr | ₹7.21 Cr | ₹33.58 Cr |
| 30 September 2025 | ₹42.75 Cr | ₹35.70 Cr | ₹5.12 Cr | ₹31.64 Cr |
Key Performance Indicator
| KPI | Values (Sep 30, 2025) |
|---|---|
| ROE | 9.39% |
| ROCE | 10.41% |
| Debt/Equity | 0.55 |
| RoNW | 9.62% |
| PAT Margin | 12.03% |
| EBITDA Margin | 27.38% |
| Price to Book Value | 2.20 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.32 | 4.51 |
| P/E (x) | 16.21 | 15.52 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding of capital expenditure for establishing the Radiation Oncology Centre. | ₹34.98 |
| General corporate purposes. | – |

✅Strengths
- Established hospital with operations since 2011.
- Multi-specialty focus on Neurology, Cardiology, Psychiatry & Trauma Care.
- 150-bed facility on a 2-acre integrated campus with modern infrastructure.
- Strong regional presence in Madurai & nearby districts.
- Experienced medical team with 364 employees (as of Nov 30, 2025).
- Positioned to benefit from rising demand for affordable quality healthcare.
⚠️Risks
- Geographic concentration – operations largely limited to Madurai.
- High dependence on key doctors and specialists.
- Subject to strict healthcare regulations and compliances.
- High fixed costs due to manpower and hospital operations.
- Competitive pressure from other private hospitals in the region.
Hannah Joseph Hospital IPO Promoter Holding
| Pre-Issue Share Holding | 93.57% |
| Post Issue Share Holding | 68.83% |
Hannah Joseph Hospital IPO Prospectus
Company Contact Information
| Hannah Joseph Hospital Ltd. 134, Lake View Road K.K. Nagar, Madurai, Tamil Nadu, 625020 Phone: 9524729594 Email: cs@hannahjosephhospital.com Website: https://hannahjosephhospital.com/ |
Hannah Joseph Hospital IPO Registrar
| Bigshare Services Pvt.Ltd. Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Hannah Joseph Hospital IPO Lead Manager(s)
| 1. Capital Square Advisors Pvt.Ltd. |
Hannah Joseph Hospital IPO FAQ

| What is the Hannah Joseph Hospital IPO? Hannah Joseph Hospital IPO is an SME IPO. The issue is priced at ₹67 – ₹70 per equity share. The IPO is to be listed on BSE SME. |
| When will Hannah Joseph Hospital IPO open? The IPO is to open on 22 January 2026 for QIB, NII, and Retail Investors. |
| What is Hannah Joseph Hospital IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Hannah Joseph Hospital IPO Size? Hannah Joseph Hospital IPO size is ₹42.00 Crore. |
| What are the Hannah Joseph Hospital IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 4000 Shares for ₹2,80,000, while the maximum bid is 4000 Shares for ₹2,80,000. |
| What is the Hannah Joseph Hospital IPO Allotment Date? Hannah Joseph Hospital IPO allotment date is 28 January 2026. |
| What is the Hannah Joseph Hospital IPO Listing Date? Hannah Joseph Hospital IPO listing date is 30 January 2026. The IPO is to be listed on the BSE SME. |



