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Open
27 Oct 2023
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Close
31 Oct 2023
3
Allotment
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Listing
Mon, Nov 6, 2023
Price Band
₹45 per share
Issue Size
19,50,000 shares (agg. up to ₹9 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, Nov 6, 2023
Latest GMP
₹6
Est. Gain
13.33%
✦ AI Insight
GMP Trend
06-11-2023₹6Est. ₹51+13.33%
05-11-2023₹6Est. ₹51+13.33%
04-11-2023₹6Est. ₹51+13.33%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 13.44x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|
| Assets | 5.73 | 5.61 |
| Total Income | 1.62 | 2.14 |
| Profit After Tax | 0.10 | 0.22 |
| NET Worth | 5.19 | 5.09 |
| Reserves and Surplus | 0.33 | 0.23 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Maitreya Medicare Ltd. | SME | ₹14.89 Cr | ₹82 | 10.34 | ₹154.45 | +88.35% | ₹118.10 (-3.08%) |
| Unihealth Consultancy Ltd. | SME | ₹56.55 Cr | ₹132 | 19.02 | ₹133.00 | +0.76% | ₹704.95 (-1.47%) |
| Sangani Hospitals Ltd. | SME | ₹15.17 Cr | ₹40 | 37.03 | ₹41.85 | +4.63% | ₹44.90 (+0.00%) |
| Asarfi Hospital Ltd. | SME | ₹26.94 Cr | ₹52 | 12.78 | ₹103.74 | +99.50% | ₹214.85 (-2.34%) |
| Aatmaj Healthcare Ltd. | SME | ₹38.40 Cr | ₹60 | 17.6 | ₹53.20 | -11.33% | ₹18.50 (-6.09%) |
| Jupiter Life Line Hospitals Ltd. | Mainboard | ₹869.08 Cr | ₹735 | 52.68 | ₹1,075.75 | +46.36% | ₹1,553.00 (-0.22%) |
| Yatharth Hospital & Trauma Care Services Ltd. | Mainboard | ₹686.55 Cr | ₹300 | 39.16 | ₹333.85 | +11.28% | ₹844.00 (-1.78%) |
| Global Health Ltd. | Mainboard | ₹2,205.57 Cr | ₹336 | 38.36 | ₹415.30 | +23.60% | ₹1,316.90 (-1.06%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of medical equipment | 7.29 |
| 2 | General corporate purposes | 1.00 |
| 3 | Public Issue Expenses | 0.49 |
About KK Shah Hospitals IPO
Incorporated in 2022, KK Shah Hospitals Limited, previously known as Jeevan Parv Healthcare Limited, provides inpatient and outpatient healthcare services through its hospital in Ratlam, Madhya Pradesh. Dr. Kirti Kumar Shah, one of the promoters of the company, started a clinic in 1976 in Ratlam. Subsequently, a nursing home in 1991 under the name Shah Maternity and Nursing Home. After that, Dr. Kirti Kumar Shah expanded his services by setting up a hospital named Shah Hospital and roped in renowned doctors. In December 2022, KK Shah Hospitals acquired M/s Shah Hospital (formerly known as Shah Maternity and Nursing Home), vide Business Transfer Agreement. KK Shah Hospital has over 26 beds for in-patient and out-patient treatment and is equipped with diagnostic devices such as CT scans, DEXA scans, BMD, sonography, and X-ray machines. The company conducted over 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 1st April 2022 to 15th February, 2023 and provided healthcare services to an aggregate of approx. 2,200-2,350 patients per month, consis
Contact Details
KK Shah Hospitals Ltd. Address124, Katju NagarSwastik APP.Ratlam, Madhya Pradesh, 45700107412230199info@shahhospitalratlam.comVisit Website