Maitreya Medicare Limited is a multispeciality hospital situated in Surat, Gujrat. The main focus of the hospital is multi-disciplinary integrated healthcare services, with primary secondary & tertiary care.
Maitreya Medicare offers a comprehensive range of healthcare services across over 18 specialties and super specialties, including Cardiology, Urology, Laparoscopic Surgery, Oncology, Neurosurgery, Spine Surgery, Neurology, Nephrology including Dialysis, Gastroenterology, Gastrointestinal surgery, Cardiothoracic Surgery, Oncosurgery, Orthopedic Surgery including joint replacements and Arthroscopic surgeries, Gynecology & High-Risk Obstetrics, Hepatocellular Billary Surgery, Critical Care Medicine, etc.
As of 2023, the hospital has a 125-bed capacity under the leadership of Dr. Narendra Singh Tanwar, founder, Promoter, CFO, and Managing Director of the hospital, Dr Pranav Rohitbhai Thaker, Promoter & whole-time director, and Mr. Vimal Patel, Promoter & Whole Time Director.
Maitreya Medicare IPO – Details
| IPO Opening Date | 27 October 2023 |
| IPO Closing Date | 01 November 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 18,16,000 Shares Worth ₹14.89 Crore Fresh Issue: 18,16,000 Shares Worth ₹14.89 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹78 – ₹82 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Maitreya Medicare IPO – Date Schedule
| IPO Open Date | 27 October 2023 |
| IPO Close Date | 01 November 2023 |
| Basis of Allotment | 06 November 2023 |
| Initiation of Refund | 07 November 2023 |
| Credit of Shares to Demat Account | 08 November 2023 |
| IPO Listing Date | 09 November 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Nov 01, 2023 |
Maitreya Medicare IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | 1,31,200 |
| Retail (Maximum) | 1 | 1600 | 1,31,200 |
| HNI (Minimum) | 2 | 3200 | 2,62,400 |
Competitive Strengths
- Key Multi-speciality tertiary and quaternary healthcare provider providing well diversified and specialized service offerings and strong brand recognition;
- Regional leadership through delivering clinical excellance and affordable healthcare in South Gujarat;
- Quality health care services;
- Experienced senior management team;
- Track Record of stable operating and financial performance and growth;
- Ability to attract, train and retain high quality doctors, consultants and medical support staff;
Company Promoters
- Dr. Narendra Singh Tanwar
- Dr. Pranav Rohitbhai Thaker
- Mr Vimalkumar Natverlal Patel
Object Of The Issue
- Making investment through Equity in the subsidiary named ‘Maitreya Hospital Private Limited’ for setting up a Hospital at Valsad, Gujarat.
- Redemption of part of issued Non-Convertible Redeemable Preference Shares.
- Working Capital requirements of the company.
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 57.04 | 51.27 | 4.24 | 9.19 |
| 31 March 2022 | 49.74 | 48.14 | 1.13 | 7.50 |
| 31 March 2023 | 39.94 | 34.04 | 4.22 | 5.85 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 10.34 |
| Market Cap (₹ Cr.) | 55.56 |
| ROE | 50.15 |
| ROCE | 42.71 |
| EPS (Rs) | 7.93 |
| RoNW | 45.49 |
Maitreya Medicare IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.20% |
Maitreya Medicare IPO Prospectus
- Maitreya Medicare IPO DRHP
- Maitreya Medicare IPO RHP
Company Contact Information
| Maitreya Medicare Limited Nr. Someshwara Char Rasta UM Road Surat, 395007 Phone: +91 98798 89506 Email: cs@maitreyamedicareltd.com Website: https://www.maitreyahospitals.com/ |
Maitreya Medicare IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: maitreyamedicare.ipo@linkintime.co.in Website: https://linkintime.co.in/mipo/ipoallotment.html |
Maitreya Medicare IPO Lead Manager(s)
| 1. GYR Capital Advisors Private Limited |
Maitreya Medicare IPO FAQs
| What is Maitreya Medicare IPO? Maitreya Medicare IPO is a SME IPO. The issue is priced at ₹78 – ₹82 per equity share. The IPO is to be listed on NSE SME. |
| When Maitreya Medicare IPO will open? The IPO is to open on 27 October 2023 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to Maitreya Medicare IPO? You can apply Maitreya Medicare 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 Maitreya Medicare IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Maitreya Medicare”. 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 Maitreya Medicare IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Maitreya Medicare”. 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 Maitreya Medicare IPO Size? Maitreya Medicare IPO size is ₹14.89 crores. |
| What is Maitreya Medicare IPO Price Band? Maitreya Medicare IPO Price Band is ₹78 – ₹82. |
| What is Maitreya Medicare IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,31,200 amount while the maximum bid is 1600 shares with ₹1,31,200. |
| What is the Maitreya Medicare IPO Allotment Date? Maitreya Medicare IPO allotment date is 06 November 2023. |
| What is the Maitreya Medicare IPO Listing Date? Maitreya Medicare IPO listing date is 09 November 2023. The IPO is to list on NSE SME. |
