Sangani Hospitals Limited is a healthcare organization. Sangani Hospitals is a multi-specialty healthcare provider operating in the Keshod and Veraval regions of Gujarat with a combined bed capacity of 68 beds.
Sangani Hospitals also operate pathology laboratory and medical store. 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.
Sangani hospitals have been certified with ISO 9001:2015 for Quality Management System for the scope of services that includes MD-ICU, ICCU, ECHO-TMT, Dialysis, Orthopaedic Department, PFT, EECP, Diabetic, Clinic, ENT- EAR, NOSE, Throat Head & Neck Surgery, Laser Surgery, Trauma Unit, Endoscopy, Audiology, Vertigo Clinic, OBST & Gynee-USG-Doppler, Normal Delivery, Joint Replacement Facility, Gynec Surgery, Infertility Clinic, Radiology Unit – Xray, Sonography, CT Scan, General Surgery, all type of general surgery, Dental Surgery, Uro Surgery and hospital services.
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.
Further, the Sangani Super Speciality Hospital at Veraval is certified with National Accreditation Board for Hospitals & Healthcare Providers (“NABH”) certification for general medicine, general surgery, orthopaedic surgery (including arthroscopy), urology, 2D Echo, X-Ray, clinical bio-chemistry, clinical pathology, haematology and pharmacy.
Sangani Hospitals IPO – Details
| IPO Opening Date | 04 August 2023 |
| IPO Closing Date | 08 August 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 37,92,000 Shares Worth ₹15.17 Crore Fresh Issue: 37,92,000 Shares Worth ₹15.17 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹37 – ₹40 |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 10% |
| NII (HNI) Shares Offered | 45% |
| Retail Shares Offered | 45% |
Sangani Hospitals IPO – Date Schedule
| IPO Open Date | 04 August 2023 |
| IPO Close Date | 08 August 2023 |
| Basis of Allotment | 11 August 2023 |
| Initiation of Refund | 14 August 2023 |
| Credit of Shares to Demat Account | 16 August 2023 |
| IPO Listing Date | 17 August 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Aug 08, 2023 |
Sangani Hospitals IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 3000 | 1,20,000 |
| Retail (Maximum) | 1 | 3000 | 1,20,000 |
| HNI (Minimum) | 2 | 6000 | 2,40,000 |
Competitive Strengths
- Doctor-led’ hospitals driven by skilled and experienced doctors in the healthcare space.
- Focus on under-served areas with dense population.
- Growth opportunities in existing facilities and diversification into new services.
- Ability to attract quality doctors, nurses, paramedical, and other staff.
Company Promoters
- Dr. Ajaykumar Sangani,
- Dr. Rajeshkumar Sangani
- Kamalkumar Sangani
- Dr. Vaishali Sangani.
Object Of The Issue
- To carry out the capital expenditure for expansion in Sangani Hospital at Keshod, Gujarat;
- To carry out the capital expenditure for expansion in Sangani Super Speciality Hospital at Veraval, Gujarat; and
- General corporate purposes
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 4.98 | 3.92 | 0.78 | 0.34 |
| 31 March 2022 | 4.20 | 2.78 | 1.05 | 0.39 |
| 31 March 2023 | 15.76 | 13.74 | 1.48 | 0.10 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 37.03 |
| Market Cap (₹ Cr.) | 55.11 |
| ROCE | 11.26% |
| EPS (Rs) | 3.47 |
| RoNW | 35.75 |
Sangani Hospitals IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
Sangani Hospitals IPO Prospectus
Company Contact Information
| Sangani Hospitals Limited Sainath Society, Opp. S. T., KSD T, Village – Keshod, Taluka – Keshod, Junagadh – 362220 Phone: 02871-23 5900 Email: cs@sanganihospitals.com Website: http://www.sanganihospitals.com/ |
Sangani Hospitals IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Sangani Hospitals IPO Lead Manager(s)
| 1. Unistone Capital Pvt Ltd |
Sangani Hospitals IPO FAQs
| What is Sangani Hospitals IPO? Sangani Hospitals IPO is a SME IPO. The issue is priced at ₹37 – ₹40 per equity share. The IPO is to be listed on NSE SME. |
| When Sangani Hospitals IPO will open? The IPO is to open on 04 August 2023 for QIB – 10%, NII – 45% and Retail – 45% Investors. |
| How to Sangani Hospitals IPO? You can apply Sangani Hospitals 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 Sangani Hospitals IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Sangani Hospitals”. 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 Sangani Hospitals IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Sangani Hospitals”. 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 Sangani Hospitals IPO Size? Sangani Hospitals IPO size is ₹15.17 crores. |
| What is Sangani Hospitals IPO Price Band? Sangani Hospitals IPO Price Band is ₹37 – ₹40. |
| What is Sangani Hospitals IPO Minimum and Maximum Lot Size? The minimum bid is 3000 Shares with ₹1,20,000 amount while the maximum bid is 3000 shares with ₹1,20,000. |
| What is the Sangani Hospitals IPO Allotment Date? Sangani Hospitals IPO allotment date is 11 August 2023. |
| What is the Sangani Hospitals IPO Listing Date? Sangani Hospitals IPO listing date is 17 August 2023. The IPO is to list on NSE SME. |
