Sangani Hospitals IPO Details ( Sangani Hospitals Limited IPO Review )
(04 Aug 2023 – 08 Aug 2023)
Sangani Hospitals Limited, a healthcare organization established in 2021, began its journey in 2001 with the inception of Sangani Hospital in Keshod. Operating in the Keshod and Veraval regions of Gujarat, Sangani Hospitals is a multi-specialty healthcare provider.
The driving forces behind Sangani Hospitals are Dr. Ajaykumar Natwarlal Sangani, MBBS, DLO & MS(E.N.T.), and his brother Dr. Rajeshkumar Natwarlal Sangani, MBBS & MD, who collectively possess almost two decades of medical experience.
The organization excels in various departments and units, including ENT, OBST-Gynecology, Dialysis, Orthopedics, Joint Replacement, General Surgery, Urosurgery, Trauma, Dental Surgery, Physiotherapy, and laparoscopic surgery, among others.
Presently, Sangani Hospitals offers its specialty services and support from two hospitals: Sangani Hospital in Keshod, Junagadh, Gujarat, and Sangani Super Speciality Hospital in Veraval, Gujarat.
Sangani Hospitals IPO Listed On ₹44.00 & Listing Gain 10.00%
Sangani Hospitals IPO Listing Day Trading Information:
| Sangani Hospitals IPO | Data |
| NSE Symbol | SANGANI |
| Listing Date | 17 August 2023 |
| Issue Price | ₹37 to ₹40 |
| Listed Price | ₹44.00 |
| Open | ₹44.00 |
| Low | ₹41.80 |
| Listing Gain | 10.00% |
Sangani Hospitals Limited IPO Competitive Strength
- ‘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
- Continue to strengthen healthcare services across other specialties
- Implement initiatives to improve operational efficiencies
- Continue to grow our ancillary businesses
Sangani Hospitals IPO Financials Performance ( Results )
Sangani Hospitals Limited Financial Information (Restated Standalone)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | Reserves | Borrowing |
| 31-Mar-20 | 330.36 | 446.47 | 22.81 | 1.24 | 183.35 | – | 34.72 |
| 31-Mar-21 | 299.20 | 498.21 | 79.06 | 4.68 | 168.79 | – | 34.57 |
| 31-Mar-22 | 705.45 | 420.63 | 105.35 | 5.56 | 501.60 | 106.78 | 39.74 |
| 31-Dec-22 | 1,932.15 | 869.08 | 105.35 | 1.01 | 1,748.96 | 750.46 | – |
Objective of IPO 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
- General corporate purposes
Sangani Hospitals IPO Basic Details
| IPO Date | Aug 4, 2023 to Aug 8, 2023 |
| Listing Date | Thursday, August 17, 2023 |
| Face Value | ₹10 per share |
| Price | ₹37 to ₹40 per share |
| Lot Size | 3000 Shares |
| Issue Size | 3,792,000 shares (aggregating up to ₹15.17 Cr) |
| Fresh Issue | 3,792,000 shares (aggregating up to ₹15.17 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Dr. Ajaykumar Sangani, Dr. Rajeshkumar Sangani, Kamalkumar Sangani & Dr. Vaishali Sangani |
Sangani IPO Reservation
| QIB Shares Offered | 10% of the Net Issue |
| NII (HNI) Shares Offered | 45% of the Net Issue |
| Retail Shares Offered | 45% of the Net Issue |
Sangani IPO Timetable
Sangani IPO will open on August 4, 2023 and close on August 8, 2023. You can join Sangani IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 4 August 2023 (Friday) |
| Closing Date | 8 August 2023 (Tuesday) |
| Basis of Allotment | 11 August 2023 (Friday) |
| Initiation of Refunds | 14 August 2023 (Monday) |
| Credit of Shares to Demat | 16 August 2023 (Wednesday) |
| Listing Date | 17 August 2023 (Thursday) |
| Deadline for UPI mandate confirmation | 5 PM on 8 August 2023 |
Sangani IPO Lot Size
For retail investors in Sangani IPO, 3000 shares will come in 1 lot or the minimum investment will be ₹120,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹120,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 3000 | ₹120,000 |
| Retail (Max) | 1 | 3000 | ₹120,000 |
| S-HNI (Min) | 2 | 6000 | ₹240,000 |
Sangani Hospitals IPO Promoter Holding
The company’s promoters include Dr. Ajaykumar Sangani, Dr. Rajeshkumar Sangani, Kamalkumar Sangani & Dr. Vaishali Sangani.
| Pre Issue Share Holding | No Data |
| Post Issue Share Holding | No Data |
Sangani Hospitals Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | Coming Soon |
| Earning Per Share (EPS) | ₹5.56 per Equity Share |
| Net Asset Value (NAV) | ₹12.70 per Equity Share |
| P/E Ratio (P/E) (x) | Coming Soon |
| Return on Net Worth (RoNW) (%) | 43.74 |
| Return on equity (ROE) (%) | 43.74 |
| Return on Capital Employed (ROCE) (%) | 55.20 |
| Debt/Equity Ratio | 0.08 |
| Upper Price/Book Value (Price/BV) Ratio | Coming Soon |
Sangani Hospitals Ltd IPO Peer Comparison
P/E Ratio has been computed based on the closing market price of equity shares on the BSE website
on May 5, 2023, divided by the Diluted EPS for the period ended March 31, 2022.
| Company Name | Consolidated/ Standalone | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Sangani Hospital Limited | Standalone | 10 | 5.56 | – | 65.46 | 12.70 |
| Peer Group | ||||||
| Artemis Medicare Services Limited | Consolidated | 1 | 2.29 | 33.49 | 7.17 | 21.17 |
| Lotus Eye Hospital And Institute Ltd | Standalone | 10 | 1.44 | 48.47 | 5.48 | 24.65 |
Sangani Hospitals IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 16 August 2023 | ₹1 | – | – |
| 15 August 2023 | ₹1 | – | – |
| 14 August 2023 | ₹1 | – | – |
| 13 August 2023 | ₹1 | – | – |
| 12 August 2023 | ₹1 | – | – |
| 11 August 2023 | ₹1 | – | – |
| 10 August 2023 | ₹1 | – | – |
| 9 August 2023 | ₹1 | – | – |
| 8 August 2023 | ₹1 | – | – |
| 7 August 2023 | ₹1 | – | – |
| 6 August 2023 | ₹1 | – | – |
| 5 August 2023 | ₹1 | – | – |
| 4 August 2023 | ₹1 | – | – |
| 3 August 2023 | ₹1 | – | – |
| 2 August 2023 | ₹1 | – | – |
| 1 August 2023 | ₹0 | – | – |
Sangani Hospitals IPO Detail Video:
Sangani Hospitals IPO Subscription Status (Bidding Detail)
The Sangani Hospitals IPO on August 8, 2023 at 7:30:00 PM was subscribed 4.54 times, with the retail category being subscribed 6.17 times, the NII (Non-Institutional Investor) category being subscribed 1.38 times and the QIB (Qualified-Institutional Buyers) category being subscribed 11.42 times.
| Category | Subscription |
| QIB | 11.42x |
| NII | 1.38x |
| Retail | 6.17x |
| Total | 4.54x |
Sangani Hospitals IPO Prospectus
| Sangani Hospitals IPO DRHP | Download |
| Sangani Hospitals IPO RHP | Download |
| Sangani Hospitals IPO Anchor Investors Details PDF | Download |
Sangani Hospitals IPO Rating
| Our Rating | 2.5/5.0 |
Sangani Hospitals Company Contact Information
Sangani Hospitals Limited
Registered office: Sainath Society, Opp. S. T., KSD T, Village –
Keshod, Taluka – Keshod, Junagadh – 362220. Gujarat.
Tel: 02871-23 5900
E-mail: cs@sanganihospitals.com
Website: www.sanganihospitals.com
Contact Person: Gaurav Patadia, Company Secretary and Compliance Officer
Promoters Of The Company: Dr. Ajaykumar Sangani,
Dr. Rajeshkumar Sangani, Kamalkumar Sangani & Dr. Vaishali Sangani
Sangani Hospitals IPO Registrar
Bigshare Services Private Limited
Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri (East),
Mumbai – 400 093, Maharashtra, India
Telephone: 022 6263 8200
Facsimile: 022 6263 8299
Email: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Babu Rapheal C.
Website: www.bigshareonline.com
SEBI Registration Number: INR000001385
CIN: U99999MH1994PTC076534
Sangani Hospitals IPO Lead Manager
Unistone Capital Private Limited
Address: A/305, Dynasty Business Park, Andheri Kurla Road,
Andheri East, Mumbai 400059, Maharashtra
Telephone: +91 98200 57533
Email: mb@unistonecapital.com
Website: www.unistonecapital.com
Investor grievance email: compliance@unistonecapital.com
Contact Person: Mr. Brijesh Parekh
SEBI registration number: INM000012449
CIN: U74120MH2015PTC270984
Sangani Hospitals IPO FAQs
What is the lot size of Sangani Hospitals IPO?
The total size of Sangani Hospitals IPO is ₹15.17 crores and this is a complete fresh Issue.
When will Sangani Hospitals IPO start?
Sangani Hospitals IPO will open from 4 August 2023 and IPO will close on 8 August 2023.
What is the open date of Sangani Hospitals IPO?
Sangani Hospitals IPO will open date from 04 August 2023.
What is the last date ( close date ) of Sangani Hospitals IPO?
Sangani Hospitals IPO will close from 08 August 2023.
What is the price band of Sangani Hospitals IPO?
Sangani Hospitals IPO price band is ₹37 to ₹40. ( Upper Price Band: ₹40, Lower Price Band: ₹37 )
What is the minimum amount required to apply for Sangani Hospitals IPO?
The minimum investment for retailers to apply for Sangani Hospitals IPO is ₹120,000 and the maximum investment is ₹120,000.
What is going on gray market premium of Sangani Hospitals IPO?
View gray market premium of Sangani Hospitals IPO by Clicking Here
How much is the GMP of Sangani Hospitals IPO?
Watch Sangani Hospitals IPO GMP Today: Click Here
What is the allotment date of Sangani Hospitals IPO?
The allotment date of Sangani Hospitals IPO is 11 Aug 2023.
How to check allotment status in Sangani Hospitals IPO?
To check the allotment status of Sangani Hospitals IPO, first of all go to the registrar website by clicking here, select your bad Sangani Hospitals IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Sangani Hospitals IPO?
The listing date of Sangani Hospitals IPO is 17 Aug 2023.
How much will be the listing gain in Sangani Hospitals IPO?
View listing gain of Sangani Hospitals IPO by Clicking Here
How much time Sangani Hospitals IPO is subscribed?
Total 4.54 times subscribed in Sangani Hospitals IPO out of which 6.17 times subscription was done in retail quota, 1.38 times subscription in NII quota and 11.42 times subscription in QIB quota.
How to apply for Sangani Hospitals IPO from Upstox?
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How to apply for Sangani Hospitals IPO from Zerodha?
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How to apply for Sangani Hospitals IPO from Angle One?
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