Hemant Surgical Industries Limited is engaged in the business of manufacturing, importing, assembling, and they market 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.
Hemant Surgical Industries IPO – Details
| IPO Opening Date | 24 May 2023 |
| IPO Closing Date | 26 May 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 27,60,000 Shares Worth ₹24.84 Crore Fresh Issue: 27,60,000 Shares Worth ₹24.84 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹85 – ₹90 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Hemant Surgical Industries IPO – Date Schedule
| IPO Open Date | 24 May 2023 |
| IPO Close Date | 26 May 2023 |
| Basis of Allotment | 31 May 2023 |
| Initiation of Refund | 01 June 2023 |
| Credit of Shares to Demat Account | 02 June 2023 |
| IPO Listing Date | 05 June 2023 |
Hemant Surgical Industries IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | 1,44,000 |
| Retail (Maximum) | 1 | 1600 | 1,44,000 |
| HNI (Minimum) | 2 | 3200 | 2,88,000 |
Competitive Strengths
- The company offer a diversified range of products.
- Existing well established reputation and customer relationships.
- Quality Assurance.
- Experienced management team with industry expertise and successful track record.
- Stable financial performance with improved margins.
Company Promoters
- Hanskumar Shamji Shah
- Kaushik Hanskumar Shah
- Hemant Praful Shah
Object Of The Issue
- Funding Capital Expenditure towards installation of additional plant and machinery.
- Funding to meet working capital requirements.
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2021 | 60.65 | 59.13 | 1.14 |
| 31 March 2022 | 105.77 | 99.65 | 4.61 |
| 31 March 2023 | 111.49 | 101.43 | 7.65 |
Hemant Surgical Industries IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding |
Hemant Surgical Industries IPO Prospectus
- Hemant Surgical Industries IPO DRHP
- Hemant Surgical Industries IPO RHP
Company Contact Information
| Hemant Surgical Industries Limited 502, 5th Floor, Ecstacy Business Park, Co-Op Society Limited, J.S.D. Road, Mulund (West), Mumbai – 400 080 Phone: 022-25915289/ 022- 259127 Email: cs@hemantsurgical.com Website: http://www.hemantsurgical.com/ |
Hemant Surgical Industries IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://www.bigshareonline.com/ |
Hemant Surgical Industries IPO Lead Manager(s)
| 1. Hem Securities Limited |
Hemant Surgical Industries IPO FAQs
| What is Hemant Surgical Industries IPO ? Hemant Surgical Industries IPO is a SME IPO. The issue is priced at ₹85 – ₹90 per equity share. The IPO is to be listed on NSE SME. |
| When Hemant Surgical Industries IPO will open? The IPO is to open on 24 May 2023 for QIB, NII and Retail Investors. |
| What is Hemant Surgical Industries IPO Investors Portion? The investors portion for QIB-50%, NII-15%, and Retail-35%. |
| How to Hemant Surgical Industries IPO? You can apply Hemant Surgical Industries 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 Hemant Surgical Industries IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Hemant Surgical Industries”. 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 Hemant Surgical Industries IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Hemant Surgical Industries”. 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 Edelweiss. |
| What is Hemant Surgical Industries IPO Size? Hemant Surgical Industries IPO size is ₹24.84 crores. |
| What is Hemant Surgical Industries IPO Price Band? Hemant Surgical Industries IPO Price Band is ₹85 – ₹90. |
| What is Hemant Surgical Industries IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,44,000 amount while the maximum bid is 1600 shares with ₹1,44,000. |
| What is the Hemant Surgical Industries IPO Allotment Date? Hemant Surgical Industries IPO allotment date is 31 May 2023. |
| What is the Hemant Surgical Industries IPO Listing Date? Hemant Surgical Industries IPO listing date is 05 June 2023. The IPO is to list on NSE SME. |
