Broach Lifecare Hospital IPO Date, Details, Allotment and Analyses

Broach Lifecare Hospital is preparing to launch its initial public offering (IPO) to raise ₹4.02 crores through a fixed price issue. This IPO will consist entirely of a fresh issue of 16.08 lakh shares, priced at ₹25 per share.

The subscription period for the Broach Lifecare Hospital IPO will open on August 13, 2024, and close on August 16, 2024. The allotment of shares is expected to be finalized on August 19, 2024, with the shares anticipated to be listed on the BSE SME by August 21, 2024. This IPO represents an opportunity for investors to participate in the growth of the healthcare sector through Broach Lifecare Hospital.

Ref. Doc – Broach Lifecare Hospital IPO RHP

Broach Lifecare Hospital IPO Details

Open Date	August 13, 2024
Close Date	August 16, 2024
IPO Size	Aggregating ₹ 402.00 Lakhs through 16.08 lakh shares
Fresh Issue	1,608,000 Equity Shares
Face Value	₹10 per share
IPO Price Band	₹25 per share
IPO Listing on	BSE SME
Lot Size	– Shares
OFS	N.A
Share Offered to Retail	50%
Share Offered to QIB	-%
Share Offered to HNI	50%

Broach Lifecare Hospital IPO Date

• IPO Open Date: August 13, 2024
• IPO Close Date: August 16, 2024
• Allotment: August 19, 2024
• Refunds: August 20, 2024
• Shares Credit to Demat: August 20, 2024
• Listing Date: August 21, 2024

Lot Size

Application	Lots	Shares	Amount
Retail (Min)	1	6000	₹150,000
Retail (Max)	1	6000	₹150,000
HNI (Min)	2	12,000	₹300,000

Promoter Holding

The promoters of Broach Lifecare Hospital are Dr. Jaykumar Narendra Vyas, Dr. Shachi Jaykumar Vyas, and Mrs. Dhyuti Krupesh. Prior to the IPO, they hold 86.74% of the company’s shares. After the IPO, their holding will be reduced to 63.77%.

Broach Lifecare Hospital IPO GMP (Grey Market Premium)

If you want to know Broach Lifecare Hospital IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.

Broach Lifecare Hospital IPO Subscription Status

Broach Lifecare Hospital IPO subscription starts on August 13, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.

Broach Lifecare Hospital IPO Allotment Status

To check the Broach Lifecare Hospital IPO allotment status go to the IPO registrar website ” Kfin Technologies Limited” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.

1. Go to the Link given above.
2. Select the IPO Name
3. Enter your PAN/ DP ID/ Application No
4. Submit details and get the allotment status.

Know About Company

Broach Lifecare Hospital, located in Bharuch, Gujarat, is a specialized healthcare facility focused on cardiology. It offers round-the-clock non-invasive cardiology services, including echocardiography, ECG, and stress tests. Recently, the hospital expanded into interventional cardiac services like angiography and stenting.

With 25 inpatient beds and advanced diagnostic equipment, it serves a large population in a strategically located industrial area. The hospital plans to tap into the growing medical tourism market by developing a web portal to attract international patients. Its roadmap includes expanding services, investing in technology, and enhancing infrastructure to provide high-quality healthcare.

Broach Lifecare Hospital Limited Financial Information

KPI Of Broach Lifecare Hospital Limited

Objects of the Issue

1. Funding of capital expenditure towards the installation of new Plant & Machinery.
2. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company.
3. General Corporate Purpose.

Peer Group

• Rajnandini Metal Limited
• Bhagyanagar India Limited

Broach Lifecare Hospital Limited IPO Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda,
Serilingampally, Hyderabad – 500 032, Telangana, India.
Telephone: +91 4067162222
E-mail: blhl.ipo@kfintech.com
Website: www.kfintech.com

Broach Lifecare Hospital Limited IPO Lead Manager

FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle – [East], Mumbai – 400 057,
Maharashtra, India
Tel No.: +91 81049 85249
E-mail: mb@fedsec.in
Website: www.fedsec.in

Broach Lifecare Hospital Limited Contact

Broach Lifecare Hospital Limited
501, 5th Floor, Corporate House,
above Bharuch Orthopedic Hospital,
R K Casta, Bharuch-392001
Phone: +91 94291 87226
Email: info@maplehospital.in
Website: https://www.maplehospital.in/

Broach Lifecare Hospital Limited IPO Application Form PDF

To download the Broach Lifecare Hospital Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.

Analyses Of Broach Lifecare Hospital Limited IPO

Invest or Not?

Considering the available information, investing in the Broach Lifecare Hospital IPO may be a cautious choice. The company’s focus on specialized healthcare services is promising, but the lack of a positive GMP and the small IPO size could pose risks. If you are a risk-averse investor, it might be wise to wait for more clarity on market sentiment and performance post-listing before making an investment decision. For those willing to take calculated risks, the IPO could offer potential, but thorough due diligence is essential.

Disclaimer

The information provided in this article regarding the Broach Lifecare Hospital IPO is for informational purposes only and should not be considered as financial advice or a recommendation to invest. Investing in stocks and IPOs involves risks, including the potential loss of principal.

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