IPO Issue Details
Issue Price / Price Band₹25 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size16,08,000 shares (aggregating up to ₹4.02 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 13 Aug 2024
Subscription CloseFri, 16 Aug 2024
Anchor AllotmentMon, 12 Aug 2024
Basis of AllotmentMon, 19 Aug 2024
Initiation of RefundsTue, 20 Aug 2024
Credit of Shares to DematTue, 20 Aug 2024
Listing DateWed, 21 Aug 2024
UPI Mandate Deadline2024-08-16
Application & Investment Details
Retail — Min (1 Lots)₹1,50,000 — 6,000 shares
Retail — Max (13 Lots)₹1,950,000 (13 Lots)
HNI — Min (2 Lots)₹3,00,000 — 12,000 shares
EPS (Pre-IPO)₹1.56
EPS (Post-IPO)₹1.15
P/E Ratio (Pre-IPO)15.99x
P/E Ratio (Post-IPO)21.75x
Net Offer to Public15,24,000 shares (aggregating up to ₹3.81 Cr)
Reserved for Market Maker84,000 shares (aggregating up to ₹0.2100 Cr)
Pre-IPO Promoter Holding44,62,380 shares
Post-IPO Promoter Holding60,70,380 shares
About Broach Lifecare Hospital Ltd
Incorporated in 2023, Broach Lifecare Hospital Limited operates boutique hospitals under the brand name "Maple Hospitals. The company provide dedicated 24 hours services to patients with heart ailments, including non-invasive cardiology services such as 2D Echocardiography, Electrocardiography, Treadmill Test, Holter monitoring, Ambulatory Blood Pressure Measurement, Stress test, and Dobutamine Stress Echocardiography.The Bharuch hospital has 25 ultra-luxury in-patient beds and is equipped with diagnostic devices for various tests. It also provides high-end coronary care and life-saving equipment such as Intra-aortic Balloon Pump Machine, Biphasic Defibrillator, and Ventilators.The company's hospitals are NABH-certified as small primary-level healthcare organizations. Additionally, they have received certification from the Atomic Energy Regulatory Board for the PACS System and a fire safety certificate from local regulatory bodies to ensure patient safety. They are also a member of Globe Bio Care for biomedical waste disposal.As of August 2024, the company's hospitals are affiliated with 4 PSU insurance companies, 15 private insurance companies, and 8 third-party administrators (TPAs).As on March 31, 2024, the company has 19 employees on its payroll.
Objects of the Issue
Broach Lifecare Hospital Ltd proposes to utilise the net proceeds from the Issue for the following objects:
2
Development of Medical Tourism Web Portal; and
3
General Corporate Purpose
Shareholding & Lock-in
Pre-IPO Promoter Holding
44,62,380 shares
Post-IPO Promoter Holding
60,70,380 shares