Hannah Joseph Hospital IPO
Bookbuilding IPO | ₹42.00 Cr | Listing at BSE SME
IPO Open
Thu, Jan 22, 2026
IPO Close
Tue, Jan 27, 2026
Price Band
₹67.00 to ₹70.00
Market Cap (Pre-IPO)
₹158.89 Cr
IPO Details
| IPO Date | Jan 22, 2026 to Jan 27, 2026 |
| Listing Date | Tentative: Jan 30, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹67.00 to ₹70.00 |
| Lot Size | 1500 Shares (Minimum: ₹105,000.00) |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Issue Size | ₹42.00 Crores |
| Total Shares Offered | 6,000,000 shares |
| Offer For Sale | 6,000,000 shares |
Hannah Joseph Hospital IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 3,00,000 (5.00%) |
| Retail Shares Offered | 19,95,000 (33.25%) |
| NII Shares Offered | 8,55,000 (14.25%) |
Hannah Joseph Hospital IPO Lot Size
Investors can bid for a minimum of 3,000 shares and in multiples of 1,500 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,000 | ₹210,000 |
| Retail (Max) | 2 | 3,000 | ₹210,000 |
| S-HNI (Min) | 3 | 4,500 | ₹315,000 |
| S-HNI (Max) | 9 | 13,500 | ₹945,000 |
| B-HNI (Min) | 10 | 15,000 | ₹1,050,000 |
Hannah Joseph Hospital Financial Information (Restated Consolidated)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 104.58 | 99.29 | 89.97 | 92.14 |
| Total Income | 42.75 | 77.90 | 63.63 | 54.90 |
| Profit After Tax | 5.12 | 7.21 | 4.07 | 1.01 |
| EBITDA | 11.65 | 20.52 | 17.98 | 16.38 |
| NET Worth | 53.22 | 48.93 | 43.93 | 34.15 |
| Reserves and Surplus | 40.36 | 35.24 | 29.02 | 18.20 |
| Total Borrowing | 31.64 | 33.58 | 31.39 | 42.95 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 14.77% |
| ROCE (Return on Capital Employed) | 17.03% |
| Debt/Equity | 0.65 |
| RoNW (Return on Net Worth) | 14.74% |
| PAT Margin (Profit After Tax Margin) | 9.30% |
| EBITDA Margin | 26.47% |
| Price to Book Value | 2.66 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 4.32 | 4.51 |
| P/E (x) | 16.21 | 15.52 |
| Promoter Holding | 93.57% | 68.83% |
Company Promoters
- Mosesjoseph Arunkumar
- Fenn Kavitha Fenn Arunkumar
- Arunkumar Nalina and Noyel Arunkumar are the promoters of the company.
Company Overview
Incorporated in 2011, Hannah Joseph Hospital Limited is a healthcare provider offering exceptional medical services across various specialties.
The company is a multi-specialty healthcare provider in Madurai, situated on a 2-acre campus with a central air-conditioning and water heating system, offering a combined capacity of 150 beds.
The company focuses on Neurology, Cardiology, Psychiatry, and Trauma healthcare, understanding global nuances, customer culture, and medical professionals' needs, addressing the demand for quality and affordable healthcare services.
Services:
- Department of Neurosciences: Neurology, Neurosurgery
- Department of Cardio Sciences: Cardiology
- Department of Trauma Care: Orthopaedics, Oral & Maxillofacial Surgery
- Department of Psychiatry: Psychiatry
As of November 30, 2025, the company has 364 employees.
Company Strengths
- Excellence in Neurosciences
- Advanced Cardiac Sciences
- Expertise in Orthopaedics and Traumatology
- Robust Emergency and Critical Care
- Commitment to Patient-Cantered Care
- Community Engagement and Outreach
Use of Proceeds
| 1) | Funding of capital expenditure for establishing Radiation Oncology Centre | 34.98 |
| 2) | General Corporate Purpose |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Hannah Joseph Hospital IPO Peer Comparison
Hannah Joseph Hospital peer comparison with similar listed entities. (As on March 31, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Hannah Joseph Hospital Limited | 4.32 | 4.32 | 26.30 | - | 14.74 | - | - |
| Asarfi Hospital Ltd | 5.58 | 5.58 | 41.39 | 32.26 | 13.48 | 4.39 | Standalone |
| Maitreya Medicare Limited | 2.80 | 2.80 | 39.49 | 74.29 | 7.10 | 5.33 | Standalone |
Quick Info
| Sector | Healthcare - Hospitals and Clinics |
| Exchange | BSE SME |
| Market Cap (Pre-IPO) | ₹158.89 Cr |
| GMP | 0.00 |
Important Dates
| IPO Open | Jan 22, 2026 |
| IPO Close | Jan 27, 2026 |
| Allotment Date | Jan 28, 2026 |
| Credit to Demat | Jan 29, 2026 |
| Listing Date | Tentative: Jan 30, 2026 |
Lead Manager(s)
Capital Square Advisors Pvt.Ltd.
Registrar
Bigshare Services Pvt.Ltd.
91-22-6263 8200
Description
Hannah Joseph Hospital IPO is a book build issue of ₹42.00 crores. The issue is entirely a fresh issue of 0.60 crore shares of ₹42.00 crore.
Hannah Joseph Hospital IPO opens for subscription on Jan 22, 2026 and closes on Jan 27, 2026. The allotment for the Hannah Joseph Hospital IPO is expected to be finalized on Jan 28, 2026. Hannah Joseph Hospital IPO will list on BSE SME with a tentative listing date fixed as Jan 30, 2026.
Hannah Joseph Hospital IPO price band is set at ₹67 to ₹70 per share. The lot size for an application is 1,500. The minimum amount of investment required by an individual investor (retail) is ₹2,10,000 (3,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,500 shares), amounting to ₹3,15,000.