
Emerging SME Services · BSE
Incorporated in 2022, KK Shah Hospitals Limited (formerly Jeevan Parv Healthcare Limited) provides inpatient and outpatient healthcare services through its hospital in Ratlam, Madhya Pradesh. The hospital’s roots go back to 1976 when Dr. Kirti Kumar Shah started a clinic, which later expanded into Shah Maternity and Nursing Home, and eventually Shah Hospital. KK Shah Hospitals now operates with over 26 beds and advanced diagnostic equipment like CT scan, DEXA scan, sonography, and X-Ray machines. The hospital performs around 75-80 surgeries per month and serves 2,200+ patients monthly. It is NABH-accredited and also provides food services through Life Care Diet Service.
Price Band
₹45
Issue Size
₹8.78 Cr
Lot Size
3000 shares
GMP
+13.3%
Est. Listing
₹51
at current GMP
Subscribed
13.64x
overall
Open
27 Oct 2023
Close
31 Oct 2023
Allotment
2 Nov 2023
Refund
3 Nov 2023
Demat Credit
4 Nov 2023
Listing
6 Nov 2023
Overall Subscription
13.64x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
17.86x
High Net-Worth
Retail (RII)
9.41x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 924,000 | 16,506,000 | 17.86x |
| RETAIL | 924,000 | 8,694,000 | 9.41x |
| Total | 1,848,000 | 25,200,000 | 13.64x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 228 | 2,145 | 9.41x |
| HNIs (10L +) | 1 | 18 | 17.86x |
| HNIs (2-10L) | 7 | 125 | 17.86x |
| Total Applications | 236 | 2,288 | 9.69x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
KK Shah Hospitals Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹8.78 Crores. The shares are offered at a price band of ₹45 to ₹45 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-10-31, the basis of allotment is scheduled to be finalized on 2023-11-02. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for KK Shah Hospitals Limited IPO is ₹6 per equity share. Based on the upper price band of ₹45 to ₹45 per equity share, the estimated listing price is ₹51 (+13.3% expected listing gain).
With a lot size of 3000 shares and current GMP of ₹6, the expected profit per application lot is approx ₹18,000 (+13.3% gain). Minimum application cost is approx ₹1,35,000.
The KK Shah Hospitals Limited IPO aggregate issue size is ₹8.78 Crores with an equity price band set at ₹45 to ₹45 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,35,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 13.64x (Retail: 9.41x, QIB: 0.00x, NII: 17.86x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-11-02. Investors can verify status using PAN card or application number.
KK Shah Hospitals Limited shares are scheduled to list on BSE on 2023-11-06.