Hemant Surgical Industries Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

24 May 2023

Close Date

26 May 2023

Allotment

31 May 2023

Listing Date

05 Jun 2023

Exchange

BSE SME

Price Band

₹90

Listing Price

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Allotment Status

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Price Band

₹90

Per share

Face Value

₹10 per share

Lot Size

1,600 Shares

per lot

Issue Size

27,60,000 shares (aggregating up to ₹24.84 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹144,000

1 lot

Pre-IPO Holding

76,80,000 shares

Promoters

Post-IPO Holding

1,04,40,000 shares

Promoters

P/E (Pre)

12.28x

EPS (Pre)

₹10.26

UPI Deadline

2023-05-26

Mandate

Anchor AllotmentTue, 23 May 2023

Basis of AllotmentWed, 31 May 2023

Refund InitiationThu, 01 Jun 2023

Demat CreditFri, 02 Jun 2023

Listing DayMon, 05 Jun 2023

UPI Mandate Deadline2023-05-26

Sale TypeFresh Capital

Net Offer to Public26,16,000 shares (aggregating up to ₹23.54 Cr)

Market Maker Quota1,44,000 shares (aggregating up to ₹1.30 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Hemant Surgical Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 May 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	144,000	—	₹1.30
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,760,000	100%	₹24.84

IPO Shares Offered

Hemant Surgical Industries Ltd. IPO total issue size: ₹24.84 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	144,000	₹1.30	5.22%
Total	2,760,000	₹24.84	100.00%

* Based on upper price band ₹90 per share

Lot Size & Investment

Lot Size

1,600

Shares per Lot

Issue Price

₹90.00

Upper Band

Min Investment

₹144,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	3,200	₹288,000
Retail (Max — 13 Lots)	13	20,800	₹1,872,000
S-HNI (Min — 14 Lots)	14	22,400	₹2,016,000
B-HNI (Min — 68 Lots)	68	108,800	₹9,792,000

* Issue Price ₹90 × Lot Size 1,600 shares

IPO Schedule

Anchor

23 May 2023

✓ Done

IPO Open

24 May 2023

✓ Done

IPO Close

26 May 2023

✓ Done

Allotment

31 May 2023

✓ Done

Refunds

01 Jun 2023

✓ Done

Demat Credit

02 Jun 2023

✓ Done

Listing Day

05 Jun 2023

✓ Done

₹90.00

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Issue ₹90.00 Live Price

About Hemant Surgical Industries Ltd.

Incorporated in 1989, Hemant Surgical Industries Limited is engaged in the business of manufacturing, importing, and assembling. Also, the company markets a comprehensive portfolio of medical equipments and disposables.The wide spectrum of equipments and disposables offered by the company includes:Renal CareCardiovascular diseaseRespiratory diseaseCritical Care and RadiologySurgical disposablesThe products processed in the assembly units of the company are imported from countries like: Japan, China France, and Australia.Hemant Surgical Industries presently has one manufacturing unit and two assembly units. The first Manufacturing Unit is situated at Achad Industrial Estate. The company started its operations of importing and marketing of medical disposables through this unit in 1999. The other two assembling units are located at Atgaon and Bhiwandi, respectively. These two assembling units undertake the assembling of medical products and devices.The company's facilities are ISO 9001:2015 and ISO 13485:2016 certified. They have a fully equipped quality control department with experienced and qualified staff to facilitate smooth manufacturing and assembly line processes.

Objects of the Issue

Funding Capital Expenditure towards installation of additional plant and machinery

Funding to meet working capital requirements

General Corporate Purpose

Hemant Surgical Industries Ltd. Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹6,065.2

31-Mar-21

₹10,577.0

31-Mar-22

₹11,149.7

31-Mar-23

Profit After Tax (PAT)

₹114.5

31-Mar-21

₹461.4

31-Mar-22

₹765.1

31-Mar-23

Particulars	31-Mar-23	31-Mar-22	31-Mar-21
Revenue from Operations	11149.68	10577.02	6065.19
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	765.11	461.40	114.53
Net Worth	2359.90	1298.01	836.61
Total Assets	6490.79	5437.59	4289.84
Reserves & Surplus	1591.90	1114.78	653.38
Borrowings	711.92	973.80	1446.35
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoE

32.42%

RoCE

37.98%

RoNW

32.42%

Debt/Equity

0.30

Issue Structure & Shareholding

Total Shares Offered27,60,000 (100.00%)

Net Offer to Public26,16,000 shares (aggregating up to ₹23.54 Cr)

Reserved for Market Maker1,44,000 shares (aggregating up to ₹1.30 Cr)

Pre-Issue Promoter Holding76,80,000 shares

Post-Issue Promoter Holding1,04,40,000 shares

P/BV RatioN/A

RoE32.42%

RoCE37.98%

Debt / Equity0.30

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Hem Securities Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Hemant Surgical Industries Ltd. IPO subscribed? ▲

Hemant Surgical Industries Ltd. IPO is subscribed 1.00 times by May 26, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Hemant Surgical Industries Ltd. IPO retail subscription status? ▼

The Hemant Surgical Industries Ltd. IPO retail category is subscribed 1.00 times as of 26 May 2023. The retail portion is oversubscribed.

How to subscribe Hemant Surgical Industries Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 24 May 2023 and closes 26 May 2023. Min investment: ₹144,000 (1 lot = 1,600 shares). UPI mandate: 2023-05-26.

How many times Hemant Surgical Industries Ltd. IPO subscribed? ▼

The Hemant Surgical Industries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Hemant Surgical Industries Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 31 May 2023. Refunds: on 01 Jun 2023.

When Hemant Surgical Industries Ltd. IPO will be listed? ▼

The Hemant Surgical Industries Ltd. IPO listing date is 05 Jun 2023, Monday. Listed on: BSE SME. Issue price: ₹90. Estimated listing: ₹90. GMP: NIL.

When Hemant Surgical Industries Ltd. IPO close? ▼

The Hemant Surgical Industries Ltd. IPO closes on 26 May 2023, Friday. UPI mandate: 2023-05-26. Allotment: 31 May 2023. Listing: 05 Jun 2023.

Quick Actions

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Live Price LIVE

Last Price₹90.00

Change—

Issue Price₹90.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹90

Face Value₹10

Lot Size1,600 Sh

Min. Amount₹144,000

GMPNIL

Est. Listing₹90

Subscribed1.00x

Open Date24 May 2023

Close Date26 May 2023

Allotment31 May 2023

Listing Date05 Jun 2023

ExchangeBSE SME

UPI Deadline2023-05-26