
Emerging SME Services · NSE
Established in 2019, Maitreya Medicare Limited is a multispeciality hospital located in Surat, Gujarat, offering integrated healthcare services across primary, secondary, and tertiary care. The hospital provides treatment in over 18 specialties and super specialties, including Cardiology, Urology, Oncology, Neurosurgery, Neurology, Gastroenterology, Orthopedic Surgery, Critical Care Medicine, and more. As of 2023, Maitreya Medicare has a 125-bed capacity and is led by Dr. Narendra Singh Tanwar (Founder, Promoter, CFO & Managing Director), Dr. Pranav Rohitbhai Thaker (Promoter & Whole-time Director), and Mr. Vimal Patel (Promoter & Whole-time Director). The hospital is committed to providing high-quality, multidisciplinary healthcare services to patients.
Price Band
₹78 – ₹82
Issue Size
₹14.89 Cr
Lot Size
1600 shares
GMP
+91.5%
Est. Listing
₹157
at current GMP
Subscribed
446.88x
overall
Open
27 Oct 2023
Close
1 Nov 2023
Allotment
3 Nov 2023
Refund
4 Nov 2023
Demat Credit
5 Nov 2023
Listing
7 Nov 2023
Overall Subscription
446.88x
Total Demand
QIB Multiplier
85.41x
Institutions & Funds
NII / HNI
744.43x
High Net-Worth
Retail (RII)
509.40x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 329,600 | 28,152,000 | 85.41x |
| NIB | 272,000 | 202,484,800 | 744.43x |
| RETAIL | 611,200 | 311,342,400 | 509.40x |
| Total | 1,212,800 | 541,979,200 | 446.88x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 397 | 202,232 | 509.40x |
| HNIs (10L +) | 3 | 2,233 | 744.43x |
| HNIs (2-10L) | 12 | 8,933 | 744.43x |
| Total Applications | 412 | 213,398 | 517.96x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Maitreya Medicare Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹14.89 Crores. The shares are offered at a price band of ₹78 to ₹82 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
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 2023-11-01, the basis of allotment is scheduled to be finalized on 2023-11-03. 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 (Link Intime India Private Ltd) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Maitreya Medicare Limited IPO is ₹75 per equity share. Based on the upper price band of ₹78 to ₹82 per equity share, the estimated listing price is ₹157 (+91.5% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹75, the expected profit per application lot is approx ₹1,20,000 (+91.5% gain). Minimum application cost is approx ₹1,31,200.
The Maitreya Medicare Limited IPO aggregate issue size is ₹14.89 Crores with an equity price band set at ₹78 to ₹82 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,31,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 446.88x (Retail: 509.40x, QIB: 85.41x, NII: 744.43x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Ltd) and the BSE status verification website on or around 2023-11-03. Investors can verify status using PAN card or application number.
Maitreya Medicare Limited shares are scheduled to list on NSE on 2023-11-07.