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Sangani Hospitals Ltd

Registered Office : Sainath Society Opp S.T.KSD T,Taluka Keshod,Junagadh Gujarat 362220 Phone : 02871-23 5900
Fax :

Email : cs@sanganihospitals.com

Website : www.sanganihospitals.com

Initial public offer of 37,92,000* equity shares of face value of Rs. 10 each ("Equity Shares") of Sangani Hospitals Limited ("Company") for cash at a price of Rs. 40 per equity share (including a share premium of Rs. 30 per equity share) ("Issue Price") aggregating to Rs. 15.17 crores of which to 1,92,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 40 per equity share including a share premium of Rs. 30 per equity share aggregating to Rs. 0.77 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 36,00,000 equity shares of face value of Rs. 10 each at a price of Rs. 40 per equity share aggregating to Rs. 14.40 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.52% and 26.13% respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs. 10 each. The issue price is 4.00 times the face value of the equity shares.

Issue

Opens On

Closes On

04-Aug-2023

08-Aug-2023

Money Payable On

Application

Allotment

40.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

12.90

15.17

13.78

40.00

Unistone Capital Pvt Ltd

Projects

To carry out the capital expenditure for expansion in Sangani Hospital at

To carry out the capital expenditure for expansion in Sangani Super Speciality Hospital at

General corporate purposes

Promoted By

Ajaykumar Sangani

Rajeshkumar Sangani

Kamalkumar Sangani

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd