Sangani Hospitals Limited IPO (Sangani Hospitals IPO)

Sangani Hospitals Limited IPO
Upcoming Sangani Hospitals IPO | New Sangani Hospitals IPO

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

Sangani Hospitals IPO – Details

IPO Opening Date04 August 2023
IPO Closing Date08 August 2023
Issue TypeBook Built Issue IPO
Issue Size37,92,000 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 Lot3000 Shares
Min Order3000 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
QIB Shares Offered10%
NII (HNI) Shares Offered45%
Retail Shares Offered45%

Sangani Hospitals IPO – Date Schedule

IPO Open Date04 August 2023
IPO Close Date08 August 2023
Basis of Allotment11 August 2023
Initiation of Refund14 August 2023
Credit of Shares to Demat Account16 August 2023
IPO Listing Date17 August 2023
Cut-off time for UPI mandate confirmation5 PM on Aug 08, 2023

Sangani Hospitals IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)130001,20,000
Retail (Maximum)130001,20,000
HNI (Minimum)260002,40,000

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
Sangani Hospitals IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 20214.983.920.780.34
31 March 20224.202.781.050.39
31 March 202315.7613.741.480.10
Amount in ₹ Crore

Key Performance Indicator

P/E (x)37.03
Market Cap (₹ Cr.)55.11
EPS (Rs)3.47

Sangani Hospitals IPO Promoter Holding

Pre Issue Share Holding100.00%
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

02871-23 5900

Sangani Hospitals IPO Registrar

Bigshare Services Pvt Ltd

+91-22-6263 8200

Sangani Hospitals IPO Lead Manager(s)

1. Unistone Capital Pvt Ltd

Sangani Hospitals IPO FAQs

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.
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