KK Shah Hospitals IPO will open for subscription from 27 October 2023. The company aims for an issue size of ₹8.78 Cr through this IPO.
Company Overview
| Full name | KK Shah Hospitals Limited |
| Sector | Healthcare |
| Industry | Hospital & Healthcare Services |
| Company Website | http://shahhospitalratlam.com/ |
About Company
KK Shah Hospitals has 26 beds for in-patient treatment, the hospital is also equipped with diagnostic devices such as CT scan, DEXA scan, BMD, sonography, and X-ray machines. The company is also a member of the Biomedical Waste Management System, Ratlam for the disposal of biomedical waste. KK Shah Hospitals is certified by the National Accreditation Board for Hospitals and Healthcare Providers (NABH) as a primary-level small healthcare organization in Madhya Pradesh.
The company conducted 75 – 80 surgeries per month (consisting of over 30 orthopedics, 15 gynecologists, 25 general surgery, 10 dental & other branches) during the FY 2021-22 and also during the period starting from 1 April 2022 to 15 February 2023 and provided healthcare services to an aggregate of approx. 2,200 – 2,350 patients per month, consisting of approx. 200 – 250 Indoor Patients per month and approx. 2000 – 2100 Outpatient per month. On January 28, 2023, KK Shah Hospitals entered into an agreement with M/s. Life Care Diet Service which provides food services to its patients and a cafeteria for the attendants in the hospital.
The Objectives of the Issue
- Purchase of medical equipment.
- General corporate purposes.
KK Shah Hospitals IPO Timetable
| IPO Opening date | 27 October 2023 |
| IPO Closing | 31 October 2023 |
| Basis of Allotment | 03 November 2023 |
| Initiation Refund | 06 November 2023 |
| Credit to Demat Account | 07 November 2023 |
| Listing Date | 08 November 2023 |
KK Shah Hospitals IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹8.78 Cr – 1,950,000 shares |
| Fresh Issue | ₹8.78 Cr – 1,950,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer Price | ₹45 per share |
| Lot size | 3000 Shares |
| Market Maker portion | 102,000 shares |
| Shareholding pre-issue | 4,858,542 |
| Shareholding post-issue | 6,808,542 |
| Listing Exchange | BSE SME |
KK Shah Hospitals IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹135,000 |
| Retail (Max) | 1 | 3000 | ₹135,000 |
| HNI (Min) | 2 | 6,000 | ₹270,000 |
KK Shah Hospitals IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 102,000 (5.23%) |
| Other Shares Offered | 924,000 (47.38%) |
| Retail Shares Offered | 924,000 (47.38%) |
| Total Shares Offered | 1,950,000 (100%) |
KK Shah Hospitals Financial Performance
| 25 Aug 2022 – 31 Mar 2023 | Q1 FY 2024 | |
| Revenue | 211.86 | 161.85 |
| Expenses | 184.97 | 149.48 |
| Net income | 21.81 | 9.53 |
KK Shah Hospitals Valuations & Margins
| FY 2023 | |
| EPS | 0.45 |
| PE ratio | 100 |
| RONW (%) | 4.28 |
| NAV | 10.48 |
| ROCE (%) | 5.27 |
| EBITDA (%) | 17.27 |
| Debt/Equity | – |
Company Promoters
- Dr. Amit Shah
- Dr. Kirti Kumar Shah
Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 71.36% |
KK Shah Hospitals IPO Lead Manager(s)
- Fedex Securities Pvt Ltd
- Shreni Shares Private Limited
KK Shah Hospitals Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Contact Details
KK SHAH HOSPITALS LIMITED
124, Katju Nagar, Swastik APP.,
Ratlam-457001, Madhya Pradesh, India
Phone: 07412230199
E-mail: info@shahhospitalratlam.com
Website: www.shahhospitalratlam.com
KK Shah Hospitals IPO Allotment Status
KK Shah Hospitals IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
Final thoughts
KK Shah Hospitals IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
