Broach Lifecare Hospital IPO will open for subscription from 13 August 2024. The company aims for an issue size of ₹4.02 Cr through this IPO.
Company Overview
| Full name | Broach Lifecare Hospital Limited |
| Sector | Healthcare |
| Industry | Hospital & Healthcare Services |
| Company Website | https://www.maplehospital.in/ |
About Company
Incorporated in 2023, Broach Lifecare Hospital operates boutique hospitals under the brand “Maple Hospitals” and provides dedicated round-the-clock services to patients with heart ailments. These services include non-invasive cardiology procedures such as 2D echocardiography, electrocardiography, treadmill testing, Holter monitoring, ambulatory blood pressure measurement, stress testing, and dobutamine stress echocardiography.
The Bharuch Hospital features 25 ultra-luxury in-patient beds and diagnostic devices for various tests. It also provides high-end coronary care and life-saving equipment, including an intra-aortic balloon pump machine, biphasic defibrillators, and ventilators.
As of August 2024, the company’s hospitals are affiliated with four PSU insurance companies, 15 private insurance companies, and eight third-party administrators (TPAs). Additionally, the company has applied for empanelment of the hospitals under the Government of India’s flagship scheme, Ayushman Bharat Yojana, popularly known as PM-JAY (Pradhan Mantri Jan Arogya Yojana). As of 31 March 2024, the company has 19 employees on its payroll.
The Objectives of the Issue
- Purchase of Machineries;
- Development of a Medical Tourism Web Portal; and
- General Corporate Purpose
Broach Lifecare Hospital IPO Timetable
| IPO Opening date | 13 August 2024 |
| IPO Closing | 16 August 2024 |
| Basis of Allotment | 19 August 2024 |
| Initiation Refund | 20 August 2024 |
| Credit to Demat Account | 20 August 2024 |
| Listing Date | 21 August 2024 |
Broach Lifecare Hospital IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹4.02 Cr – 1,608,000 shares |
| Fresh Issue | ₹4.02 Cr – 1,608,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer Price | ₹25 per share |
| Lot size | 6000 Shares |
| Market Maker portion | 84,000 shares |
| Shareholding pre-issue | 4,462,380 |
| Shareholding post-issue | 6,070,380 |
| Listing Exchange | BSE SME |
Broach Lifecare Hospital IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹150,000 |
| Retail (Max) | 1 | 6000 | ₹150,000 |
| HNI (Min) | 2 | 12,000 | ₹300,000 |
Broach Lifecare Hospital Offer Documents
Broach Lifecare Hospital IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 84,000 (5.22%) |
| Other Shares Offered | 762,000 (47.39%) |
| Retail Shares Offered | 762,000 (47.39%) |
| Total Shares Offered | 1,608,000 (100%) |
Broach Lifecare Hospital Financial Performance
| FY 2024 | |
| Revenue | 260.58 |
| Expenses | 167.24 |
| Net income | 69.76 |
Broach Lifecare Hospital Valuations & Margins
| FY 2024 | |
| EPS | 1.56 |
| PE ratio | 15.99 |
| RONW (%) | 12.75 |
| NAV | 12.26 |
| ROCE (%) | 17.09 |
| EBITDA (%) | 39.38 |
| Debt/Equity | 0.00 |
Company Promoters
- Dr. Jaykumar Narendra Vyas
- Dr. Shachi Jaykumar Vyas
- Mrs. Dhyuti Krupesh.
Promoter Holding
| Pre Issue Share Holding | 86.74% |
| Post Issue Share Holding | 63.77% |
Broach Lifecare Hospital Offer GMP Update
Coming Soon
Broach Lifecare Hospital IPO Subscription Update
Coming Soon
Broach Lifecare Hospital IPO Allotment Status
Broach Lifecare IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.
Broach Lifecare Hospital IPO Listing Details
| Listing Date | 21 August 2024 |
| BSE Scrip Code | Coming Soon |
| NSE Symbol | |
| ISIN | |
| Final Issue Price |
Listing Day Update
| Listing Exchange | BSE SME |
| Final Issue Price | Coming Soon |
| Open | |
| Low | |
| High | |
| Last Trade |
Broach Lifecare Hospital IPO Lead Manager(s)
FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email: mb@fedsec.in
Website: www.fedsec.in
Broach Lifecare Hospital Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: 91 40 6716 2222
E-mail: blhl.ipo@kfintech.com
Website: www.kfintech.com
Broach Lifecare Hospital Contact Details
BROACH LIFECARE HOSPITAL LIMITED
501, 5th Floor, Corporate House,
above Bharuch Orthopedic Hospital,
R K Casta, Bharuch, Gujrat-392001, India
Phone: +91 9429187226
E-mail: info@maplehospital.in
Website: www.maplehospital.in
Broach Lifecare Hospital IPO FAQs
What is the Broach Lifecare offer size?
Broach Lifecare offer size is ₹ 4.02 crores.
What is the Broach Lifecare offer price band?
Broach Lifecare public offer price is ₹ 25 per share.
What is the lot size of the Broach Lifecare IPO?
Broach Lifecare offer a lot size is 6,000 shares.
What is Broach Lifecare IPO GMP today?
Broach Lifecare IPO GMP today is ₹ NA per share.
What is the Broach Lifecare kostak rate today?
Broach Lifecare kostak rate today is INR NA per application.
What is Broach Lifecare Subject to Sauda rate today?
Broach Lifecare is Subject to the Sauda rate today is ₹ NA per application.
What are Broach Lifecare IPO’s expected listing price and return?
As per the prevailing grey market premium, Broach Lifecare IPO’s expected listing price is ₹ per share while return is likely to be %.
Final thoughts
Broach Lifecare Hospital IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.
Happy Investing
