Sangani Hospitals IPO Details | GMP, Date, Price, Review

Sangani Hospitals IPO

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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 IPOData
Listing Date17 August 2023
Issue Price₹37 to ₹40
Listed Price₹44.00
Listing Gain10.00%

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 EndedTotal AssetsTotal RevenuePATEPS
Net WorthReservesBorrowing

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 DateAug 4, 2023 to Aug 8, 2023
Listing DateThursday, August 17, 2023
Face Value₹10 per share
Price₹37 to ₹40 per share
Lot Size3000 Shares
Issue Size3,792,000 shares
(aggregating up to ₹15.17 Cr)
Fresh Issue3,792,000 shares
(aggregating up to ₹15.17 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Company PromotersDr. Ajaykumar Sangani,
Dr. Rajeshkumar Sangani,
Kamalkumar Sangani &
Dr. Vaishali Sangani

Sangani IPO Reservation

QIB Shares Offered10% of the Net Issue
NII (HNI) Shares Offered45% of the Net Issue
Retail Shares Offered45% 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.

Opening Date4 August 2023 (Friday)
Closing Date8 August 2023 (Tuesday)
Basis of Allotment11 August 2023 (Friday)
Initiation of Refunds14 August 2023 (Monday)
Credit of Shares to Demat16 August 2023 (Wednesday)
Listing Date17 August 2023 (Thursday)
Deadline for UPI mandate confirmation5 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.

Retail (Min)13000₹120,000
Retail (Max)13000₹120,000
S-HNI (Min)26000₹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 HoldingNo Data
Post Issue Share HoldingNo 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.

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 Ratio0.08
Upper Price/Book Value (Price/BV) RatioComing 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 NameConsolidated/
Peer Group
Lotus Eye

Sangani Hospitals IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject 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.


Sangani Hospitals IPO Prospectus

Sangani Hospitals IPO DRHPDownload
Sangani Hospitals IPO RHPDownload
Sangani Hospitals IPO Anchor Investors Details PDFDownload

Sangani Hospitals IPO Rating

Our Rating2.5/5.0

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
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
Investor Grievance Email:
Contact Person: Babu Rapheal C.
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
Investor grievance email:
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?

Click Here to see how to apply for Sangani Hospitals IPO from Upstox. (step by step)

How to apply for Sangani Hospitals IPO from Zerodha?

Click Here to see how to apply for Sangani Hospitals IPO from Zerodha. (step by step)

How to apply for Sangani Hospitals IPO from Angle One?

Click Here to see how to apply for Sangani Hospitals IPO from Angle One. (step by step)

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