What is the issue size of Sangani Hospitals IPO?

The issue size of the Sangani Hospitals IPO is Rs 15.17 cr.

What is 'pre-apply' for Sangani Hospitals IPO?

Pre-apply will alow you to apply for the Sangani Hospitals IPO 2 days before the subscription period starts.

If I pre-apply for Sangani Hospitals IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Sangani Hospitals IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Sangani Hospitals IPO order is placed?

We will notify you when your Sangani Hospitals IPO order is placed with the exchange.

What are the open and close dates of the for Sangani Hospitals IPO?

Sangani Hospitals IPO will be open between 4 August - 8 August, 2023.

What is the lot size and minimum order quantity of the Sangani Hospitals IPO?

Sangani Hospitals Limited IPO lot size is 3000 shares.

What are the allotment dates for the Sangani Hospitals IPO?

Sangani Hospitals IPO allotment date is 11 August, 2023. For Sangani Hospitals IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Sangani Hospitals IPO?

Sangani Hospitals IPO registrar is Bigshare Services Pvt Ltd. You can check Sangani Hospitals IPO allotment status on the website of the registrar.

Where is the Sangani Hospitals IPO getting listed?

The shares are proposed to be listed on NSE SME.

Sangani Hospitals SME IPO

Sangani Hospitals Limited

₹1,11,000 /3000 sharesMinimum Investment

Sangani Hospitals SME IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
NSE₹40.00₹44.00₹4.00 (10.00%)
Sangani Hospitals SME IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
4 Aug ‘23 - 8 Aug ‘23₹1,11,0003,000₹37 - ₹40
Issue SizeIPO Doc
15.17CrRHP PDF
About Sangani Hospitals SMEIncorporated in 2001, Sangani Hospitals is a healthcare provider with multiple specialities, serving Gujarat's Keshod and Veraval regions. The hospital’s services encompass cardiac sciences, neurosciences, orthopedics, renal sciences, and mother and child care. Dr. Ajaykumar Sangani started the hospital to provide quality care and services to the community and was later joined by his brother Dr. Rajeshkumar Sangani.
The hospital also provides various other services, including super specialities, specialities, and supporting facilities, with a combined capacity of 68 beds. Additionally, they operate a pathology laboratory and medical store. ;
Parent Organisation
Sangani Hospitals Limited
Founded
2021
Managing Director
Dr. Ajaykumar Sangani
Strengths & Risks
Sangani Hospitals operates hospitals, pathology laboratories, and medical stores, providing patients a wide range of medical services. These facilities are strategically located in under-served areas with dense populations, like Keshod and Veraval.
The hospital offers free dialysis to over 600 patients, amounting to more than 6,000 sessions annually. These services are provided under the Mukhyamantri Amrutum Yojana (MAA Yojana) and Pradhan Mantri Jan Arogya Yojana (PMJAY).
The healthcare team at the hospital comprises professionals, such as clinical pharmacists, microbiologists (DMLT), medical officers, clinical assistants, nursing staff, attendants, and technicians. 
As of June 2023, the hospital has 43 employees and collaborates with 27 professional consultants, including seven full-time doctors and 20 part-time doctors. The staff comprises 12 nurses, 31 paramedics, corporate and support staff, and pharmacists.
The hospital is also a part of Ayushman Bharat, an initiative of the Government of India to achieve universal health coverage (UHC), as the National Health Policy 2017 recommended.
Sangani Hospitals generates significant revenue from 2 hospitals: Sangani Hospital in Keshod and Sangani Super Speciality Hospital in Veraval in Gujarat. Any significant impact on the revenue from these hospitals could substantially affect the overall business.
The company's association with doctors and other healthcare professionals is vital in its operations. If they discontinue their association or the company fails to retain them, it could adversely affect the business and results.
Timely receipt of payment from patients, customers, and government bodies is essential for maintaining cash flows. Any delay in payments may impact the company's financial condition.
The company's revenue heavily relies on inpatient treatments. Factors leading to declining such treatments could negatively affect the financial condition.
The company's radiology and diagnostic imaging equipment contain radioactive and nuclear materials or emit radiation during operation. It could potentially make the company liable for damages.
There are certain ongoing legal proceedings involving the company.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹37 - 40₹2 Lakh
High Networth Individual₹37 - 40₹2 - 5 Lakh
For Sangani Hospitals SME IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
NSE	₹40.00	₹44.00	₹4.00 (10.00%)

Bidding Dates	Min. Investment	Lot Size	Price Range
4 Aug ‘23 - 8 Aug ‘23	₹1,11,000	3,000	₹37 - ₹40

Issue Size	IPO Doc
15.17Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹37 - 40	₹2 Lakh
High Networth Individual	₹37 - 40	₹2 - 5 Lakh

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