Shanmuga Hospital Limited
ListedSMEHealthcare · BSE
Established in 2020, Shanmuga Hospital Limited is a NABH and NABL-accredited multispecialty hospital in Salem, Tamil Nadu, offering preventive, treatment, and rehabilitation services with advanced medical technology and 151 beds. Located on Saradha College Road, the hospital covers 45,311 sq. ft. across two blocks and three floors, providing both inpatient and outpatient care. It also operates Shanmuga Pharmacy & Diagnostics for medicines and pathology services, and Shanmuga Clinics for specialized consultations and patient transfers. The hospital’s key specialties include oncology, general surgery, orthopaedics, cardiology, paediatrics, neurology, endocrinology, and respiratory medicine. As of August 2024, it employed 72 doctors, including resident, consulting, and visiting specialists.
Price Band
₹54
Issue Size
₹20.62 Cr
Lot Size
2000 shares
GMP
₹3
+5.6%
Est. Listing
₹57
at current GMP
Subscribed
2.56x
overall
Open
13 Feb 2025
Close
17 Feb 2025
Allotment
18 Feb 2025
Refund
19 Feb 2025
Demat Credit
20 Feb 2025
Listing
21 Feb 2025
Last updated 11 months ago
Live Grey Market Premium
Shanmuga Hospital Limited GMP Today
Last updated: 25 Nov 2025
Current Premium
₹3+5.6%
Issue Price (Upper)
₹54
Band: ₹54
Estimated Listing Price
₹57
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,08,000
Estimated Profit / Lot
₹6,000
2000 × ₹3
Shanmuga Hospital Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹3
▲ 0 today
Updated less than a minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹3 | 5.6% | ₹57 |
| 30 Oct 2026 | +₹3 | 5.6% | ₹57 |
| 29 Oct 2026 | +₹3 | 5.0% | ₹57 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Shanmuga Hospital Limited Public Issue & Market Profile
Shanmuga Hospital Limited is bringing an initial public offering (IPO) in the Healthcare sector with an aggregate issue size of ₹20.62 Crores. The shares are offered at a price band of ₹54 to ₹54 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,08,000 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.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Integrated Registry Management Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-02-20, while un-allotted funds or UPI block mandates will be released on 2025-02-19.
Frequently Asked Questions
What is Shanmuga Hospital Limited IPO GMP today?
The latest grey market premium for Shanmuga Hospital Limited IPO is ₹3, which indicates an expected listing price of ₹57.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
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.