Sangani Hospitals Limited IPO
i. Sangani Hospitals is a multi-speciality healthcare provider operating in Keshod and Veraval region of Gujarat with a combined bed capacity of 68 beds. The services primarily include super speciality services, speciality services and other support services. We also operate pathology laboratory and medical store. Currently, they operate out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat and Sangani Super Speciality Hospital, Veraval, Gujarat.
ii. Sangani Hospital is 36 beds multi-speciality hospital with primary, secondary and tertiary care facilities. It is strategically located near Keshod bus stand and railway station making it accessible to fifty-four adjacent small villages. Sangani Super Speciality Hospital is 32 beds multi-speciality hospital with significant focus on tertiary care facilities.
iii. Both the hospitals offer a comprehensive range of healthcare services in specialties and super specialties, including cardiac sciences, neurosciences, orthopaedics, renal sciences and mother & childcare. They have provided dialysis facility to more than 600 patients and more than 6,000 sessions annually free of cost under the Mukhyamantri Amrutum Yojana (MAA Yojana) and Pradhan Mantri Jan Arogya Yojana (PMJAY). Their team of qualified medical practitioners are trained to handle all kinds of emergencies and ensures that patients get quality healthcare services. Their healthcare staff comprises of Clinical Pharmacist, Microbiologist (DMLT), Medical Officers, Clinical Assistants, Nursing staff, Attendants and Technicians. We strive to deliver advanced healthcare while providing affordable medical services to our patients.
iv. The company is being promoted by Dr. Ajaykumar Sangani who is MBBS, DLO & MS (E.N.T.), Dr. Rajeshkumar Sangani who is MBBS & MD (Physician), Kamalkumar Sangani and Dr. Vaishali Sangani who is MBBS & MD (Obstetrics & Gynaecology).
v. Their hospitals have been certified with for Quality Management System for the scope of services that includes MD-ICU, ICCU, ECHO-TMT, Dialysis, Orthopaedic Department, PFT, EECP, Diabetic, Clinic, ENT- EAR, NOSE, Throat Head & Neck Surgery, Laser Surgery, Trauma Unit, Endoscopy, Audiology, Vertigo Clinic, OBST & Gynee-USG-Doppler, Normal Delivery, Joint Replacement Facility, Gynec Surgery, Infertility Clinic, Radiology Unit – Xray, Sonography, CT Scan, General Surgery, all type of general surgery, Dental Surgery, Uro Surgery and hospital services
vi. Further, the Sangani Super Speciality Hospital at Veraval is certified with National Accreditation Board for Hospitals & Healthcare Providers (“NABH”) certification for general medicine, general surgery, orthopaedic surgery (including arthroscopy), urology, 2D Echo, X-Ray, clinical bio-chemistry, clinical pathology, haematology and pharmacy.
i. ‘Doctor-led’ hospitals driven by skilled and experienced doctors in the healthcare space.
ii. Focus on under-served areas with dense population.
iii. Growth opportunities in existing facilities and diversification into new services.
Objects of the Sangani Hospitals Limited IPO:
Sangani Hospitals Limited IPO Details:
|Open Date:||Aug 04 2023|
|Close Date:||Aug 08 2023|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Book Built Issue IPO|
|Issue Size:||15.17 Cr.|
|Lot Size:||3000 Shares|
|Issue Price:||₹ 37-40 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Aug 17 2023|
Promoters And Management:
Financials of Sangani Hospitals Limited IPO:
|Particulars (in Lakhs)||2023||2022||2021|
|Revenue From Operations||1,567||1,028||497|
|Purchase of Stock-In-Trade||595||340||163|
|Change in Inventories||30||-32||0|
|Employees Benefit Expenses||316||139||79|
Comparison With Peers:
|Name of the Companies||Revenue (Cr)||Profit (Cr)||EPS||P/E||CMP||MCap|
|Sangani Hospital Limited||16||1.48||1.07||37.38||40||55|
|Artemis Medicare Services Limited||714||40||2.9||45.5||130||1,765|
|Lotus Eye Hospital And Institute Ltd||46||4||1.9||53.3||105||218|