
Healthcare Services · NSE
Incorporated in 2021, Sangani Hospitals Limited is a multi-specialty healthcare provider operating in Keshod and Veraval, Gujarat. Promoted by Dr. Ajaykumar Natwarlal Sangani (MBBS, DLO & MS-E.N.T.) and Dr. Rajeshkumar Natwarlal Sangani (MBBS & MD), the hospitals leverage nearly two decades of medical expertise. The organization offers a wide range of specialty and support services, including ENT, Obstetrics & Gynecology, Dialysis, Orthopedics, Joint Replacement, General Surgery, Urosurgery, Trauma care, Dental Surgery, Physiotherapy, and Laparoscopic Surgery, across its two facilities: Sangani Hospital in Keshod and Sangani Super Speciality Hospital in Veraval.
Price Band
₹37 – ₹40
Issue Size
₹15.17 Cr
Lot Size
3000 shares
GMP
Est. Listing
₹40
at current GMP
Subscribed
4.59x
overall
Open
4 Aug 2023
Close
8 Aug 2023
Allotment
11 Aug 2023
Refund
12 Aug 2023
Demat Credit
13 Aug 2023
Listing
17 Aug 2023
Overall Subscription
4.59x
Total Demand
QIB Multiplier
11.42x
Institutions & Funds
NII / HNI
1.50x
High Net-Worth
Retail (RII)
6.17x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 360,000 | 4,110,000 | 11.42x |
| NIB | 1,620,000 | 2,427,000 | 1.50x |
| RETAIL | 1,620,000 | 9,996,000 | 6.17x |
| Total | 3,600,000 | 16,533,000 | 4.59x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 442 | 2,727 | 6.17x |
| HNIs (10L +) | 3 | 5 | 1.50x |
| HNIs (2-10L) | 14 | 21 | 1.50x |
| Total Applications | 459 | 2,753 | 6.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Sangani Hospitals Limited is bringing an initial public offering (IPO) in the Healthcare Services sector with an aggregate issue size of ₹15.17 Crores. The shares are offered at a price band of ₹37 to ₹40 per equity share on NSE. 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 2023-08-08, the basis of allotment is scheduled to be finalized on 2023-08-11. 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.
Currently, Sangani Hospitals Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹37 to ₹40 per equity share.
The retail lot size is 3000 shares requiring a minimum application amount of ₹1,20,000. Expected listing price is ₹40 per equity share.
The Sangani Hospitals Limited IPO aggregate issue size is ₹15.17 Crores with an equity price band set at ₹37 to ₹40 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 4.59x (Retail: 6.17x, QIB: 11.42x, NII: 1.50x). 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 2023-08-11. Investors can verify status using PAN card or application number.
Sangani Hospitals Limited shares are scheduled to list on NSE on 2023-08-17.