Maitreya Medicare Limited IPO is now live, presenting a book built issue worth Rs 14.89 crores, consisting entirely of a fresh issue of 18.16 lakh shares.
Subscription for the Maitreya Medicare Limited IPO begins on October 27, 2023, and concludes on November 1, 2023. The Basis of Allotment is set to be finalized by Monday, November 6, 2023. Mark your calendars as Maitreya Medicare Limited IPO is scheduled to list on NSE SME, with a tentative listing date fixed for Thursday, November 9, 2023.
Investors can participate within a price band of ₹78 to ₹82 per share. The minimum application lot size stands at 1600 shares, requiring a minimum investment of ₹131,200 for retail investors. High Net Worth Individuals (HNI) have the option to invest in 2 lots (3,200 shares), totaling ₹262,400.
Maitreya Medicare Limited IPO is managed by the expert team at GYR Capital Advisors Private Limited, serving as the book running lead manager, and Link Intime India Private Ltd, acting as the registrar for the issue. Giriraj Stock Broking has been appointed as the market maker for this exciting IPO opportunity.
Maitreya Medicare Limited IPO Details
| IPO Date | October 27, 2023 to November 1, 2023 |
| Face Value | ₹10 per share |
| Price Band | ₹78 to ₹82 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 1,816,000 shares (aggregating up to ₹14.89 Cr) |
| Fresh Issue | 1,816,000 shares (aggregating up to ₹14.89 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 4,960,000 |
| Share holding post issue | 6,776,000 |
Maitreya Medicare Limited IPO Dates
Maitreya Medicare Limited IPO opens on October 27, 2023, and closes on November 1, 2023. The finalization of Basis of Allotment for Maitreya Medicare Limited IPO will be done on Monday, November 6, 2023, and the allotted shares will be credited to your demat account by Wednesday, November 8, 2023.
| IPO Open Date | Friday, October 27, 2023 |
| IPO Close Date | Wednesday, November 1, 2023 |
| Basis of Allotment | Monday, November 6, 2023 |
| Initiation of Refunds | Tuesday, November 7, 2023 |
| Credit of Shares to Demat | Wednesday, November 8, 2023 |
| Listing Date | Thursday, November 9, 2023 |
Maitreya Medicare Limited IPO Lot Size
Explore Investment Flexibility: Interested investors have the opportunity to bid for a minimum of 1600 shares and increase their investment in multiples of this figure. Below, you’ll find a table detailing the minimum and maximum investment options available for both retail investors and High Net Worth Individuals (HNI), including the corresponding number of shares and investment amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹131,200 |
| Retail (Max) | 1 | 1600 | ₹131,200 |
| HNI (Min) | 2 | 3,200 | ₹262,400 |
Maitreya Medicare Limited IPO Prospectus
For comprehensive insights, please refer to Maitreya Medicare Limited IPO RHP for detailed information on this promising investment prospect.
Objects of the Maitreya Medicare Limited IPO
The hospital intends to utilize the proceeds of the Issue to meet the following objectives:
- Making investment through Equity in the subsidiary named ‘Maitreya Hospital Private Limited’ for setting up a Hospital at Valsad, Gujarat.
- Redemption of part of issued Non-Convertible Redeemable Preference Shares
- Working Capital requirements of the company
- General Corporate Purposes.
About Maitreya Medicare Limited IPO
Founded in 2019, Maitreya Medicare Limited is a prominent multispecialty hospital located in Surat, Gujarat. Our core mission revolves around delivering comprehensive and integrated healthcare services, encompassing primary, secondary, and tertiary care.
Maitreya Medicare stands out by offering an extensive spectrum of healthcare services, spanning across more than 18 specialties and super specialties. Our dedicated team of experts provides top-notch medical care in fields such as 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 Biliary Surgery, Critical Care Medicine, and more.
As of 2023, our hospital boasts a remarkable 125-bed capacity, led by a distinguished team of professionals:
- Dr. Narendra Singh Tanwar: Founder, Promoter, CFO, and Managing Director of the hospital.
- Dr. Pranav Rohitbhai Thaker: Promoter & Whole-Time Director.
- Mr. Vimal Patel: Promoter & Whole-Time Director.
At Maitreya Medicare, we are committed to providing exceptional healthcare services, focusing on your well-being and ensuring your health is in the best hands