Hemant Surgical Industries (BSE SME)
May 24, 2023 – May 26, 2023
| Price | ₹85 - ₹90 |
| Premium | ₹80 |
|---|---|
| Lot size | 1600 |
| Allotment | May 31, 2023 |
| Listing | Jun 5, 2023 |
Hemant Surgical Industries Limited
502, 5th Floor, Ecstacy Business Park,
Co-Op Society Limited, J.S.D. Road,
Mulund (West), Mumbai – 400 080
Phone: 022-25915289/ 022- 259127
Email: cs@hemantsurgical.com
Website: http://www.hemantsurgical.com/
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 41.05 |
| Non-Institutional Buyers** | 203.26 |
| Retail Investors | 158.73 |
| Total | 139.70 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 144000 | 0 |
| HNI | 2 | 3200 | 288000 | 0 |
Incorporated in 1989, Hemant Surgical Industries Limited is engaged in the business of manufacturing, importing, assembling, and they market a comprehensive portfolio of medical equipments and disposables.
The wide spectrum of equipments and disposables offered by the company includes:
- Renal Care
- Cardiovascular disease
- Respiratory disease
- Critical Care and Radiology
- Surgical disposables
The 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 IPO Details
| Total Issue Size | 2,760,000 shares (aggregating up to ₹24.84 Cr) |
| Fresh Issue | 2,760,000 shares (aggregating up to ₹24.84 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
Hemant Surgical Industries IPO Reservation
| QIB Shares Offered | Not more than 50% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| Market Maker portion | 144,000 shares (Hem Finlease) |
Company Financials
| Period Ended | Mar-21 | Mar-22 | Mar-23 |
|---|---|---|---|
| Assets | 4,289.84 | 5,437.59 | 6,490.79 |
| Revenue | 6,065.19 | 10,577.02 | 11,149.68 |
| Profit | 114.53 | 461.40 | 765.11 |
| Net Worth | 836.61 | 1,298.01 | 2,359.90 |
| Reserves | 653.38 | 1,114.78 | 1,591.90 |
| Borrowing | 1,446.35 | 973.80 | 711.92 |