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Broach Lifecare Hospital IPO
Price Band
₹
Issue Size
₹4.02 Cr
Lot Size
6,000 shares
Min Investment
₹150,000
GMP
—
Issue Price
₹25.0
Broach Lifecare Hospital IPO AI Summary
- Broach Lifecare Hospital IPO is listed on BSE SME in the Hospital sector.
- Subscription window: 13 Aug–16 Aug 2024, listing on 21 Aug 2024.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Broach Lifecare Hospital IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 16 Aug 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Broach Lifecare Hospital IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
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.
Company Financials (₹ Cr)
As of 2024-03-31
| Period Ended | 31 Mar 2024 |
|---|---|
| Assets | 5.72 |
| Total Income | 2.61 |
| Profit After Tax | 0.70 |
| NET Worth | 5.47 |
| Reserves and Surplus | 1.01 |
Key Ratios
EPS
₹1.56
NAV
₹12.26
ROE
12.75%
ROCE
12.77%
RoNW
12.75%
P/B Value
2.04
P/E Ratio
15.99
Market Cap
₹15.18 Cr
PAT Margin
26.77%
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Global Longlife Hospital And Research Ltd | 2.47 | -8.44% | -14.42 | -2.08 | -2.08 |
| Kmc Speciality Hospitals (india) Ltd. | 44.26 | 21.16% | 8.8 | 1.86 | 1.86 |
| Family Care Hospitals Ltd | 10.81 | 21.5% | 3.37 | 2.32 | 2.32 |
| Broach Lifecare Hospital Limited This IPO | 12.26 | 12.75% | 13.02 | 1.92 | 1.92 |
Promoters
Jaykumar Narendra Vyas, Shachi Jaykumar Vyas and Dhyuti Krupesh
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Purchase of Machineries 2.62 2 Development of Medical Tourism Web Portal 0.75 3 General corporate purposes 0.20 4 IPO Expenses 0.45
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
For the period ending 31 Mar 2024, the total income was ₹2.61 Cr.
Profit Trend
The profit after tax for the period ending 31 Mar 2024 was ₹0.70 Cr.
Valuation
At the issue price of ₹25.0, Broach Lifecare Hospital Limited has an implied P/E of 15.99, compared to peers trading at P/E ratios ranging from -14.42 to 8.8.
Grey Market Premium, Explained
The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. It gives an indication of the potential listing price based on demand and supply, but it is not regulated and can be risky.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's essential to consider the company's financial health and market conditions.
Who May Want to Wait
Investors who prefer stable and established companies with a proven track record may want to avoid this IPO, as it is newly incorporated and operates in a specialized sector.
IPO Timeline, Explained
The IPO process includes several key dates: the opening date is 13 Aug 2024, the closing date is 16 Aug 2024, the allotment date is 19 Aug 2024, and the listing date is 21 Aug 2024.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when shares are listed on the stock exchange at a higher price than the issue price. However, these gains are not guaranteed and can be influenced by market conditions and investor sentiment.
This evaluation is generated from Broach Lifecare Hospital's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
When does Broach Lifecare Hospital IPO open and close?
Broach Lifecare Hospital IPO opens on 13 August 2024 and closes on 16 August 2024.
When does Broach Lifecare Hospital IPO list on the stock exchange?
Broach Lifecare Hospital IPO listed on 21 August 2024 at ₹25.0.
What is the lot size for Broach Lifecare Hospital IPO?
The lot size for Broach Lifecare Hospital IPO is 6000 shares, requiring a minimum investment of ₹150,000.
What is the lot size for this IPO?
The lot size for Broach Lifecare Hospital's IPO is 6000 shares.
What is the minimum investment required?
The minimum investment required is ₹150,000.
What is the issue price of the shares?
The issue price of the shares is ₹25.0.
When does the IPO open and close?
The IPO opens on 13 Aug 2024 and closes on 16 Aug 2024.
When will the shares be listed?
The shares are expected to be listed on 21 Aug 2024.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
13 Aug 2024
Close
16 Aug 2024
Allotment
19 Aug 2024
Listing
21 Aug 2024
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