Issue Price
₹90
Per Share
GMP
NIL
Grey Market
Est. Listing
₹90
Expected Price
Min. Application
₹288,000
2 lots × 1600 shares
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.
Hemant Surgical Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 144,000 | — | ₹1.30 Cr | — |
| TOTAL | 2,760,000 | 100.00% | ₹24.84 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹144,000 |
| Retail (Max) | 13 | 20,800 | ₹1,872,000 |
| sNII (Min) | 14 | 22,400 | ₹2,016,000 |
| bNII (Min) | 68 | 108,800 | ₹9,792,000 |
| 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 |
| Total Borrowings | 711.92 | 973.80 | 1446.35 |