
Healthcare & Medical Devices · BSE
Incorporated in 1989, Hemant Surgical Industries Limited is engaged in manufacturing, importing, assembling, and marketing a wide range of medical equipment and disposables used in renal care, cardiovascular and respiratory disease management, critical care, radiology, and surgical procedures. The company imports products from Japan, China, France, and Australia, and operates one manufacturing unit at Achad Industrial Estate along with two assembly units at Atgaon and Bhiwandi. These facilities, certified with ISO 9001:2015 and ISO 13485:2016, are equipped with modern quality control systems and staffed by experienced professionals to ensure efficient and reliable production processes.
Price Band
₹85 – ₹90
Issue Size
₹24.84 Cr
Lot Size
1600 shares
GMP
+88.9%
Est. Listing
₹170
at current GMP
Subscribed
139.70x
overall
Open
24 May 2023
Close
26 May 2023
Allotment
31 May 2023
Refund
1 Jun 2023
Demat Credit
2 Jun 2023
Listing
5 Jun 2023
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹90
Band: ₹85 – ₹90
Estimated Listing Price
₹170
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,44,000
Estimated Profit / Lot
₹1,28,000
1600 × ₹80
Grey Market Premium trend
+₹80
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹80 | 88.9% | ₹170 |
| 30 Oct 2026 | +₹80 | 88.9% | ₹170 |
| 29 Oct 2026 | +₹72 | 80.0% | ₹162 |
GMP is unofficial market data. Not a guarantee of listing performance.
Hemant Surgical Industries Limited is bringing an initial public offering (IPO) in the Healthcare & Medical Devices sector with an aggregate issue size of ₹24.84 Crores. The shares are offered at a price band of ₹85 to ₹90 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,44,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-06-02, while un-allotted funds or UPI block mandates will be released on 2023-06-01.
The latest grey market premium for Hemant Surgical Industries Limited IPO is ₹80, which indicates an expected listing price of ₹170.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.