Check Shanmuga Hospital IPO Allotment Status, GMP And Listing Date
The latest grey market premium of Shanmuga Hospital IPO was Rs 3 on February 18, indicating a premium of nearly 5.56% over the issue price.
The allotment for Shanmuga Hospital IPO will be finalised on Tuesday, February 18. The SME issue of the multispeciality hospital in Tamil Nadu was subscribed 2.51 times on its final day of bidding on Monday. The public issue received bids for 90,88,000 shares against the 36,26,001 on offer.
The SME IPO opened for subscription last week and was fully subscribed on February 14. The company aims to raise Rs 20.62 crore from the primary market via its IPO.
Shares of Shanmuga Hospital IPO will be listed on BSE SME on Friday, February 21, as the tentative listing date.
Finshore Management Services Limited is the book-running lead manager of the Shanmuga Hospital IPO, while Integrated Registry Management Services Private Limited is the registrar for the issue. Black Fox Financial Private Limited is the market maker for Shanmuga Hospital IPO.
Investors who bid for the Shanmuga Hospital IPO can verify their share allotment status by following the step-by-step guide provided below. Also, check the latest grey market premium and listing details of the IPO.
How To Check Shanmuga Hospital IPO Allotment Status on BSE
Go to the official BSE website at https://www.bseindia.com/investors/appli_check.aspx
Select the issue type as 'Equity.'
Choose 'Shanmuga Hospital Limited' from the dropdown menu.
Enter your application number or PAN (Permanent Account Number).
Complete the 'Captcha' for verification.
Click on the 'Search' button to view your allotment status.
How To Check Shanmuga Hospital IPO Allotment Status On Bigshare Services
Go to the official website of Integrated Registry at https://integratedregistry.in/Home.aspx
Click on the Services tab in the navigation menu.
Click on 'Registrars To Issues & STA'.
Tap on the 'Debt IPO Allotment Status' tab.
Select the company name as 'Shanmuga Hospital Limited' from the dropdown menu.
For verification, select PAN number, DP/Client ID, Application no. as per your choice.
Enter the required details.
Click on the Submit button and verify your share allotment status.
Shanmuga Hospital IPO GMP Today
The grey market premium of Shanmuga Hospital IPO stood at Rs 3 as of 9:35 a.m. on February 18. According to InvestorGain, shares of the company are projected to make their market debut at a listing price of Rs 57, marking a premium of nearly 5.56% over the issue price.
Note: GMP or grey market price is not an official price quote for the stock and is based on speculation.
Use of IPO Proceeds
Shanmuga Hospital has proposed to use the net proceeds from the public offer to fund its capital expenditure on the purchase of medical equipment. A portion of the money raised via the IPO will be used for general corporate purposes.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.
