KK Shah Hospitals IPO Details ( KK Shah Hospitals Limited IPO Review )
(27 Oct 2023 – 31 Oct 2023)
KK Shah Hospitals Limited, formerly known as Jeevan Parv Healthcare Limited, was established in 2022. It’s located in Ratlam, Madhya Pradesh, and offers medical care for both inpatients and outpatients.
Dr. Kirti Kumar Shah, one of the founders, started a clinic in Ratlam back in 1976. Later, in 1991, he opened a nursing home named Shah Maternity and Nursing Home. Over time, he expanded his services by creating Shah Hospital, which brought in renowned doctors. In December 2022, KK Shah Hospitals acquired M/s Shah Hospital, previously known as Shah Maternity and Nursing Home, through a Business Transfer Agreement.
KK Shah Hospital has more than 26 beds for patients, equipped with diagnostic tools like CT scans, DEXA scans, BMD, sonography, and X-ray machines. In the fiscal year 2021-22 and from April 1, 2022, to February 15, 2023, the hospital conducted around 75-80 surgeries each month. These included over 30 orthopedic surgeries, 15 gynecological procedures, 25 general surgeries, and 10 dental procedures, among others. During the same period, the hospital provided healthcare services to approximately 2,200-2,350 patients each month, including around 200-250 inpatients and 2,000-2,100 outpatients. In December 2022, the hospital had an occupancy rate of around 27.67% and an average of about 7.19 inpatients per day.
On January 28, 2023, the company partnered with M/s. Life Care Diet Service to offer food services to patients and a cafeteria for attendants at the hospital.
The hospital is a member of the Biomedical Waste Management System in Ratlam for safe disposal of medical waste. It’s also certified by the National Accreditation Board for Hospitals and Healthcare Providers (NABH Accredited) as a primary-level small healthcare organization in Madhya Pradesh.
KK Shah Hospitals Limited IPO Competitive Strength
- Clinical Excellence and Affordable Healthcare
- Ability to attract and retain high quality doctors, consultants and medical support staff
- Experienced Promoters, management team with a strong execution track record
- Experienced player with longstanding presence and brand recall
KK Shah Hospitals IPO Financials Performance ( Results )
KK Shah Hospitals Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-23 | 561.32 | 214.11 | 21.81 | 0.45 | 509.21 | 10.48 | 23.36 | |
| 30-Jun-23 | 573.32 | 162.21 | 9.53 | 0.20 | 518.74 | 10.68 | 32.89 |
Objective of KK Shah Hospitals IPO Issue
- Purchase of medical equipment.
- General corporate purposes.
KK Shah Hospitals IPO Basic Details
| IPO Date | Oct 27, 2023 to Oct 31, 2023 |
| Listing Date | Wednesday, November 8, 2023 |
| Face Value | ₹10 per share |
| Price | ₹45 per share |
| Lot Size | 3000 Shares |
| Issue Size | 1,950,000 shares of ₹10 (aggregating up to ₹8.78 Cr) |
| Fresh Issue | 1,950,000 shares of ₹10 (aggregating up to ₹8.78 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 4,858,542 |
| Share holding post issue | 6,808,542 |
| Company Promoters | Dr. Amit Shah and Dr. Kirti Kumar Shah |
KK Shah Hospitals IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
KK Shah IPO Timetable
KK Shah IPO will open on October 27, 2023 and close on October 31, 2023. You can join KK Shah IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 27 October 2023 (Friday) |
| Closing Date | 31 October 2023 (Tuesday) |
| Basis of Allotment | 3 November 2023 (Friday) |
| Initiation of Refunds | 6 November 2023 (Monday) |
| Credit of Shares to Demat | 7 November 2023 (Tuesday) |
| Listing Date | 8 November 2023 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 31 October 2023 |
KK Shah Hospitals IPO Lot Size
For retail investors in KK Shah Hospitals IPO, 3000 shares will come in 1 lot or the minimum investment will be ₹135,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹135,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 3000 | ₹135,000 |
| Retail (Max) | 1 | 3000 | ₹135,000 |
| S-HNI (Min) | 2 | 6000 | ₹270,000 |
KK Shah Hospitals IPO Promoter Holding
The company’s promoters include Dr. Amit Shah and Dr. Kirti Kumar Shah.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 71.36% |
KK Shah Hospitals Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 30.64 |
| Earning Per Share (EPS) | ₹0.45 per Equity Share |
| Net Asset Value (NAV) | ₹10.48 per Equity Share |
| P/E Ratio (P/E) (x) | 100 |
| Post P/E Ratio (P/E) (x) | 8.04 |
| Return on Net Worth (RoNW) (%) | 4.28 |
| Return on equity (ROE) (%) | Coming Soon |
| Return on Capital Employed (ROCE) (%) | Coming Soon |
| Debt/Equity Ratio | Coming Soon |
KK Shah Hospitals IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 26 October 2023 | ₹0 | – | – |
| 25 October 2023 | ₹0 | – | – |
KK Shah Hospitals IPO Detail Video:
link
KK Shah Hospitals IPO Subscription Status (Bidding Detail)
The KK Shah Hospitals IPO on October 31, 2023 at 7:00:00 PM was subscribed 13.58 times, with the retail category being subscribed 9.41 times, QIB (Qualified-Institutional Buyers) category being subscribed 17.75 times.
| Category | Subscription |
| QIB | 17.75x |
| Retail | 9.41x |
| Total | 13.58x |
KK Shah Hospitals IPO Prospectus
| KK Shah Hospitals IPO DRHP | Download |
| KK Shah Hospitals IPO RHP | Download |
| KK Shah Hospitals IPO Anchor Investors Details PDF | Download |
KK Shah Hospitals IPO Rating
| Our Rating | 2.5/5.0 |
KK Shah Hospitals Company Contact Information
KK Shah Hospitals Limited
Registered Office: 124, Katju Nagar, Swastik APP., Ratlam-457001, Madhya Pradesh, India
Tel: 07412230199
E-mail: info@shahhospitalratlam.com
Website: www.shahhospitalratlam.com
Contact Person: Ms. Saloni Badjatya, Company Secretary and Compliance Officer
Our Promoters: Dr. Amit Shah and Dr. Kirti Kumar Shah
KK Shah Hospitals IPO Registrar
Shreni Shares Limited
Registered Office: Office No. 102, 1st Floor, Sea Lord CHS, Ram Nagar, Borivali (West), Mumbai – 400 092, Maharashtra, India
Telephone: 022 – 2808 8456
E-mail: shrenishares@gmail.com
Investors Grievance e-mail: info@shreni.in
Website: www.shreni.in
Contact Person: Mr. Parth Shah / Ms. Kritika Rupda
SEBI Registration Number: INM000012759
KK Shah Hospitals IPO Lead Manager
Fedex Securities Private Limited
Registered Office: B 7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle (East), Mumbai – 400 057, Maharashtra, India
Telephone: +91 81049 85249
E-mail: mb@fedsec.in
Investor Grievance E-Mail: mb@fedsec.in
Website: www.fedsec.in
Contact Person: Mr. Saipan Sanghvi
SEBI Registration Number: INM000010163
KK Shah Hospitals IPO FAQs
What is the lot size of KK Shah Hospitals IPO?
The total size of KK Shah Hospitals IPO is ₹8.78 crores and this is a complete fresh Issue.
When will KK Shah Hospitals IPO start?
KK Shah Hospitals IPO will open from 27 October 2023 and IPO will close on 31 October 2023.
What is the open date of KK Shah Hospitals IPO?
KK Shah Hospitals IPO will open date from 27 October 2023.
What is the last date ( close date ) of KK Shah Hospitals IPO?
KK Shah Hospitals IPO will close from 31 October 2023.
What is the price band of KK Shah Hospitals IPO?
KK Shah Hospitals IPO price band is ₹45.
What is the minimum amount required to apply for KK Shah Hospitals IPO?
The minimum investment for retailers to apply for KK Shah Hospitals IPO is ₹135,000 and the maximum investment is ₹135,000.
What is going on gray market premium of KK Shah Hospitals IPO?
View gray market premium of KK Shah Hospitals IPO by Clicking Here
How much is the GMP of KK Shah Hospitals IPO?
Watch KK Shah Hospitals IPO GMP Today: Click Here
What is the allotment date of KK Shah Hospitals IPO?
The allotment date of KK Shah Hospitals IPO is 3 November 2023.
How to check allotment status in KK Shah Hospitals IPO?
To check the allotment status of KK Shah Hospitals IPO, first of all go to the registrar website by clicking here, select your bad KK Shah Hospitals IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of KK Shah Hospitals IPO?
The listing date of KK Shah Hospitals IPO is 8 November 2023.
How much will be the listing gain in KK Shah Hospitals IPO?
View listing gain of KK Shah Hospitals IPO by Clicking Here
How much time KK Shah Hospitals IPO is subscribed?
Total 13.58 times subscribed in KK Shah Hospitals IPO out of which 9.41 times subscription was done in retail quota, 17.75 times subscription in other quota.
How to apply for KK Shah Hospitals IPO from Upstox?
Click Here to see how to apply for KK Shah Hospitals IPO from Upstox. (step by step)
How to apply for KK Shah Hospitals IPO from Zerodha?
Click Here to see how to apply for KK Shah Hospitals IPO from Zerodha. (step by step)
How to apply for KK Shah Hospitals IPO from Angle One?
Click Here to see how to apply for KK Shah Hospitals IPO from Angle One. (step by step)
