KK Shah Hospitals IPO: The IPO for KK Shah Hospitals is a fixed-price offering for Rs 8.78 crores. The 19.5 lakh shares are a completely new issue. The IPO price of KK Shah Hospitals is ₹45 per share. An application must have a minimum lot size of 3000 shares. Retail investors are needed to invest a minimum of ₹135,000. HNI requires a minimum investment of two lots, or 6,000 shares, totaling ₹270,000.
The first public offering (IPO) of KK Shah Hospitals begins on October 27, 2023, and ends on October 31, 2023. On Friday, November 3, 2023, the allocation for the KK Shah Hospitals IPO is anticipated to be completed. The tentative listing date of KK Shah Hospitals IPO is set on Wednesday, November 8, 2023 on BSE SME.
Bigshare Services Pvt Ltd is the registrar for the KK Shah Hospitals IPO, and Fedex Securities Pvt Ltd and Shreni Shares Private Limited are the book running lead managers. Rikhav Securities is the market maker for the KK Shah Hospitals IPO.
KK Shah Hospitals IPO Overview
| KK Shah Hospitals Limited Company Overview | |
|---|---|
| Company Name | KK Shah Hospitals Limited |
| IPO Opening Date | 27 October, 2023 |
| IPO Closing Date | 31 October, 2023 |
| Face Value | 10₹ Per Share |
| Share Price Range | 45₹ |
| Lot Size | 3000 Shares Per Lot |
| GMP | Check Here |
| Issue Type | Fixed Price Issue |
| Total IPO Issue Size | 1,950,000 Shares |
| Fresh Issue Size | 1,950,000 Shares |
| IPO Listing At | BSE SME |
| Share Holding Pre Issue | 4,858,542 |
| Share Holding Post Issue | 6,808,542 |
| More IPO’s | Check Here |
KK Shah Hospitals IPO Lot Size
Investors may make a minimum offer of 3000 shares and an amount greater than that. The minimum and highest investments made by retail investors and HNI in terms of shares and money are shown in the table below.
| KK Shah Hospitals Limited IPO Lot Size | |
|---|---|
| Minimum Retail Applications | 01 Lot |
| Maximum Retail Applications | 01 Lot |
| Minimum HNI Applications | 02 Lots |
| Total Shares In Single Lot | 3000 Shares |
| Amount For Single Lot | ₹135,000 |
KK Shah Hospitals IPO Time Table (Tentative)
The IPO for KK Shah Hospitals starts on October 27, 2023, and ends on October 31, 2023.
| KK Shah Hospitals Limited IPO Time Table Complete Details | |
|---|---|
| IPO Initiation Date | 27 October, 2023 |
| IPO Ending Date | 31 October, 2023 |
| Basis Of Allotment | 03 November, 2023 |
| Initiation Of Refund | 06 November, 2023 |
| Shares Credit To Demat Account | 07 November, 2023 |
| Date Of Listing | 08 November, 2023 |
| Cut Off Time For UPI Mandate Confirmation | 05:00 PM, 31 October, 2023 |
KK Shah Hospitals IPO Reservation Details
| KK Shah Hospitals Limited IPO Reservation Overview | |
|---|---|
| Shares Offered To Retailers | Not Less Than 50% Of Net Offer |
| Shares Offered To Others | Not Less Than 50% Of Net Offer |
KK Shah Hospitals Company Financials
| KK Shah Hospitals Limited Company Financials Information | |
|---|---|
| This Data Is Of | 31 February, 2023 |
| Total Revenue | 118.37 |
| Assets | 535.09 |
| Profit After Tax | 15.79 |
| Net Worth | 503.20 |
| Reserves And Surplus | 17.35 |
| All Amount In ₹ Lakh | |
KK Shah Hospitals Promoters Holding
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 71.36% |
KK Shah Hospitals Key Performance Indicators
| KK Shah Hospitals Limited Key Performance Indicators | |
|---|---|
| KPI | Values |
| P/E (X) | 100 |
| EPS | 0.45 |
| RoNW | 4.28% |
Is KK Shah Hospitals IPO Contact Details.
| KK Shah Hospitals Limited Contact Details | |
|---|---|
| Company Address | 124, Katju Nagar, Swastik APP., Ratlam-457001 |
| Phone | +917412230199 |
| info@shahhospitalratlam.com | |
| Website | http://shahhospitalratlam.com/ |
Is KK Shah Hospitals IPO Good Or Bad To Buy?
KK Shah Hospitals Limited, formerly Jeevan Parv Healthcare Limited, is a Madhya Pradesh-based hospital that offers both inpatient and outpatient healthcare services. It was founded in 2022.
One of the company’s promoters, Dr. Kirti Kumar Shah, opened a clinic in Ratlam in 1976. Then, in 1991, Shah Maternity and Nursing Home was established as a nursing home. Following that, Dr. Kirti Kumar Shah increased the scope of his practice by founding Shah Hospital and hiring well-known medical professionals.
According to a business transfer agreement, M/s Shah Hospital (previously known as Shah Maternity and Nursing Home) was acquired by KK Shah Hospitals in December 2022.
What Is The Future Of KK Shah Hospitals Stock?
With more than 26 beds available for both inpatient and outpatient care, KK Shah Hospital is furnished with diagnostic tools including X-ray machines, BMD, DEXA, CT, and sonography machines.
During the FY 2021–22 and also from 1 April 2022 to 15 February 2023, the company performed over 75–80 surgeries per month (comprising of over 30 orthopedics, 15 gynecologists, 25 general surgeries, 10 dental & other branches) and provided healthcare services to an approximate total of 2,200–2,350 patients per month, comprising approximately 200–250 Indoor Patients and approximately 2000–2100 Outpatient Patients.
What Is The Objective Of KK Shah Hospitals IPO Issue?
The main objective’s of KK Shah Hospitals IPO issue are :-
- Acquisition of medical supplies.
- General business objectives.
How To Apply For KK Shah Hospitals IPO?
The KK Shah Hospitals IPO application form and payment can both be completed online. Through the net banking feature of your bank account, you can access the ASBA IPO application. UPI IPO applications are provided by brokers who do not offer banking services. On this page, you can get more details on how to apply for an IPO online using Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank.
When Is KK Shah Hospitals IPO Allotment?
The Allotment Date For KK Shah Hospitals IPO Is November 03, 2023.