The Sangani Hospitals IPO started on August 4, 2023, and ended on August 8, 2023. Shares were allocated on August 11, 2023, and refund processes began on August 14, 2023. On August 16, 2023, the shares were credited to investors demat accounts. Sangani Hospitals was officially listed on the stock exchange on August 17, 2023.
During the IPO, Sangani Hospitals offered shares at a price range of ₹37 to ₹40 per share, and the lot size was 00 shares. The total issue size was ₹15.17 crores, with ₹15.17 crores from new shares. The IPO was listed on the NSE SME.
Regarding share reservations, 10% of the shares were allocated to Qualified Institutional Buyers (QIB), 45% were reserved for Non-Institutional Investors (NII), and 45% were set aside for retail investors.
Sangani IPO Subscription Update Video
Sangani Hospitals IPO Subscription Status
The Sangani Hospitals IPO on August 8, 2023 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, 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 Basic Details
| Company Name | Sangani Hospitals Limited |
| Domain of Company | Multi-Specialty Healthcare Provider |
| IPO Open Date | August 04, 2023 |
| IPO Close Date | August 08, 2023 |
| IPO Allotment Date | August 11, 2023 |
| IPO Listing Date | 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, BSE |
| Company Promoters | Dr. Ajaykumar Sangani, Dr. Rajeshkumar Sangani, Kamalkumar Sangani & Dr. Vaishali Sangani |
About Sangani Hospitals Limited
Sangani Hospitals Limited, established in 2021, is a healthcare organization with its roots dating back to 2001 when Sangani Hospital was founded in Keshod. Led by Dr. Ajaykumar Natwarlal Sangani, MBBS, DLO & MS(E.N.T.), and his brother Dr. Rajeshkumar Natwarlal Sangani, MBBS & MD, the organization boasts nearly two decades of experience in the medical field.
Operating in the Keshod and Veraval regions of Gujarat, Sangani Hospitals is a reputable multi-specialty healthcare provider. They excel in various departments and units, including ENT, OBST-Gynecology, Dialysis, Orthopedics, Joint Replacement, General Surgery, Urosurgery, Trauma, Dental Surgery, Physiotherapy, laparoscopic surgery, and more.
At present, Sangani Hospitals offers its specialized services and support through two hospitals: Sangani Hospital in Keshod, Junagadh, Gujarat, and Sangani Super Speciality Hospital in Veraval, Gujarat.
Sangani Hospitals IPO Should you subscribe?
Sangani Hospitals IPO More Details Click Here
Sangani Hospitals IPO FAQs
What is the start and end date of Sangani Hospitals IPO Subscription?
The Sangani Hospitals IPO started on August 4, 2023, and ended on August 8, 2023.
When does Sangani Hospitals IPO Subscription open?
The Sangani Hospitals IPO open on August 4, 2023.
When does Sangani Hospitals IPO Subscription close?
The Sangani Hospitals IPO Close on August 8, 2023.
What is the allotment date of Sangani Hospitals IPO?
The allotment date for Sangani Hospitals IPO is August 11, 2023.
When is the initial refund date of Sangani Hospitals IPO?
The initial Refund date for Sangani Hospitals IPO is August 14, 2023.
When were the shares credited to investors demat accounts for the Sangani Hospitals IPO?
The shares for the Sangani Hospitals IPO were credited to investors demat accounts on August 16, 2023.
When will Sangani Hospitals IPO be listed on the stock market?
Sangani Hospitals IPO stock market will be listed on August 17, 2023 at 10 am.
What was the price range of the Sangani Hospitals IPO shares?
The Sangani Hospitals IPO shares were offered at a price range of ₹37 to ₹40 per share.
What was the lot size for the Sangani Hospitals IPO shares?
The lot size for the Sangani Hospitals IPO shares was 3000 shares.
What was the total issue size of the Sangani Hospitals IPO?
The total issue size of the Sangani Hospitals IPO was ₹15.17 crores.
How were the shares allocated among different types of investors for the Sangani Hospitals IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Sangani Hospitals IPO listed?
The Sangani Hospitals IPO was listed on the NSE SME.
What is the Sangani Hospitals IPO Subscription Status?
Sangani Hospitals IPO is subscribed 4.54 Times.
