New Delhi: Broach Lifecare Hospital IPO, a fixed price issue of Rs 4.02 crores, opened for subscription on August 13, 2024 and will close on August 16. The company is offering 16.08 lakh equity shares of Rs 10 each at the price of Rs 25 per share.
Broach Lifecare Hospital IPO, which operates 2 boutique hospitals under the brand name Maple Hospitals at Bharuch and Ankeleshwar, has fixed the price range at Rs 25 per share. Retail investors are required to apply for a minimum lot size of 6000 shares, for which the minimum amount of investment is Rs 150,000. The minimum lot size investment for high net-worth individuals (HNIs) is 2 lots amounting to Rs 300,000. The issue comprises fresh issue of 16.08 lakh shares and offer for sale worth Rs 0.00 crore.
Broach Lifecare Hospital IPO GMP
Broach Lifecare Hospital IPO GMP today is at 0, investorgain reported. The grey market price indicates that the shares of the hospital group will list with no gains.
As per Chittorgarh.com, Broach Lifecare Hospital IPO was subscribed 4.35 times by 12:47 pm today. The issue was subscribed 8.04 times in the retail category and 0.67 times in the NII category.
Broach Lifecare Hospital allotment, listing
Broach Lifecare Hospital IPO allotment is expected to take place on August 19, 2024. The refunds process is likely to kickstart on 20th August. The shares of Broach Lifecare Hospital would be credited to the demat accounts of successful applicants on August 20. The Broach Lifecare shares will list on BSE SME with a tentative listing on August 21.
Book running lead manager of Broach Lifecare Hospital IPO: Fedex Securities Pvt Ltd, while Kfin Technologies Limited is the registrar for the issue. Aftertrade Broking is the market maker.
The below-mentioned are some of the common super-specialty procedures performed at the two hospitals:
Open heart surgery, Electrocardiogram (ECG), Echocardiogram, Coronary Angiography, Coronary Angioplasty, Percutaneous Transluminal Coronary Angioplasty, pacemaker, Internal Medicine Internal medicine or General medicine, Cardiovascular diseases, Respiratory diseases, Gastrointestinal diseases, Diseases of kidney & urinary tract, Disorder of connective tissue & joints, Cardiology PACS Laboratory.
The company has the empanelment agreement with 4 PSU insurance companies, 15 Private Insurance companies, 8 Third Party Administrator (TPA) companies to provide medical treatment and healthcare.
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