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Sangani Hospitals Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Sangani Hospitals Ltd IPO

Registered Office: Sainath Society Opp S.T.KSD T,Taluka Keshod , Junagadh - 362220 , Gujarat , India.
Phone : 02871-23 5900   Fax:
Email :  cs@sanganihospitals.com  
Website :  www.sanganihospitals.com
Initial public offer of 37,92,000* equity shares of face value of (Rs)10 each ("Equity Shares") of Sangani Hospitals Limited ("Company") for cash at a price of (Rs)40 per equity share (including a share premium of (Rs)30 per equity share) ("Issue Price") aggregating to (Rs)15.17 crores of which to 1,92,000 equity shares of face value of (Rs)10 each for cash at a price of (Rs)40 per equity share including a share premium of (Rs)30 per equity share aggregating to (Rs)0.77 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 36,00,000 equity shares of face value of (Rs)10 each at a price of (Rs)40 per equity share aggregating to (Rs)14.40 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.52% and 26.13% respectively of the post issue paid up equity share capital of the company. The face value of equity shares is (Rs)10 each. The issue price is 4.00 times the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
04-Aug-23 08-Aug-23 (Rs)40.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 12.90
Unistone Capital Pvt Ltd
Project Financed through Current Offer 15.17  
Post Issue Equity Share Capital 13.78  
Issue Price (Rs)40.00  
 
Projects
To carry out the capital expenditure for expansion in Sangani Hospital atGeneral corporate purposes
To carry out the capital expenditure for expansion in Sangani Super Speciality Hospital at
Promoted By
Ajaykumar Sangani  
Rajeshkumar Sangani  
Kamalkumar Sangani  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd