KK Shah Hospitals IPO

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 nameKK Shah Hospitals Limited
IndustryHospital & Healthcare Services
Company Websitehttp://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 date27 October 2023
IPO Closing31 October 2023
Basis of Allotment03 November 2023
Initiation Refund06 November 2023
Credit to Demat Account07 November 2023
Listing Date08 November 2023
(Cut-off time for UPI mandate confirmation – 5 PM on October 31, 2023)

KK Shah Hospitals IPO details

Issue typeFixed Price Issue IPO
IPO issue size₹8.78 Cr – 1,950,000 shares
Fresh Issue₹8.78 Cr – 1,950,000 shares
Offer for saleNil
Face value₹10 per share
Offer Price₹45 per share
Lot size3000 Shares
Market Maker portion102,000 shares
Shareholding pre-issue4,858,542
Shareholding post-issue6,808,542
Listing ExchangeBSE SME

KK Shah Hospitals IPO Lot Size

Retail (Min)13000₹135,000
Retail (Max)13000₹135,000
HNI (Min)26,000₹270,000

KK Shah Hospitals IPO Reservation Details

Investor CategoryShares Offered
Anchor Investor Shares Offered
Market Maker Shares Offered102,000 (5.23%)
Other Shares Offered924,000 (47.38%)
Retail Shares Offered924,000 (47.38%)
Total Shares Offered1,950,000 (100%)

KK Shah Hospitals Financial Performance

 25 Aug 2022 – 31 Mar 2023Q1 FY 2024
Net income21.819.53
(Amount in ₹ Lakhs)

KK Shah Hospitals Valuations & Margins

FY 2023
PE ratio100
RONW (%)4.28
ROCE (%)5.27
EBITDA (%)17.27

Company Promoters

  • Dr. Amit Shah
  • Dr. Kirti Kumar Shah

Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding71.36%

KK Shah Hospitals IPO Lead Manager(s)

  • Fedex Securities Pvt Ltd
  • Shreni Shares Private Limited

KK Shah Hospitals Registrar

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

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

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