IPO Issue Details
Issue Price / Price Band₹82 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size18,16,000 shares (aggregating up to ₹14.89 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 27 Oct 2023
Subscription CloseWed, 01 Nov 2023
Anchor AllotmentThu, 26 Oct 2023
Basis of AllotmentMon, 06 Nov 2023
Initiation of RefundsTue, 07 Nov 2023
Credit of Shares to DematTue, 07 Nov 2023
Listing DateTue, 07 Nov 2023
UPI Mandate Deadline2023-11-01
Application & Investment Details
Retail — Min (1 Lots)₹1,31,200 — 1,600 shares
Retail — Max (13 Lots)₹1,705,600 (13 Lots)
HNI — Min (2 Lots)₹2,62,400 — 3,200 shares
EPS (Pre-IPO)₹7.93
P/E Ratio (Pre-IPO)10.34x
P/E Ratio (Post-IPO)10.92x
Net Offer to Public17,07,200 shares (aggregating up to ₹14.00 Cr)
Reserved for Market Maker1,08,800 shares (aggregating up to ₹0.8922 Cr)
Pre-IPO Promoter Holding49,60,000 shares
Post-IPO Promoter Holding67,76,000 shares
About Maitreya Medicare Ltd
Incorporated in 2019, Maitreya Medicare Limited is a multispeciality hospital situated in Surat, Gujrat. The main focus of the hospital is multi-disciplinary integrated healthcare services, with primary secondary & tertiary care. Maitreya Medicare offers a comprehensive range of healthcare services across over 18 specialties and super specialties, including Cardiology, Urology, Laparoscopic Surgery, Oncology, Neurosurgery, Spine Surgery, Neurology, Nephrology including Dialysis, Gastroenterology, Gastrointestinal surgery, Cardiothoracic Surgery, Oncosurgery, Orthopedic Surgery including joint replacements and Arthroscopic surgeries, Gynecology & High-Risk Obstetrics, Hepatocellular Billary Surgery, Critical Care Medicine, etc.As of 2023, the hospital has a 125-bed capacity under the leadership of Dr. Narendra Singh Tanwar, founder, Promoter, CFO, and Managing Director of the hospital, Dr Pranav Rohitbhai Thaker, Promoter & whole-time director, and Mr. Vimal Patel, Promoter & Whole Time Director.
Objects of the Issue
Maitreya Medicare Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Making investment through Equity in the subsidiary named ‘Maitreya Hospital Private Limited’ for setting up Hospital at Valsad, Gujarat
7.50
2
Redemption of part of issued Non-Convertible Redeemable Preference Shares
1.00
3
Funding the working capital requirements of the company
5.00
4
General Corporate Purposes
0.74
Shareholding & Lock-in
Pre-IPO Promoter Holding
49,60,000 shares
Post-IPO Promoter Holding
67,76,000 shares