Maitreya Medicare Limited IPO

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 DateOctober 27, 2023 to November 1, 2023
Face Value₹10 per share
Price Band₹78 to ₹82 per share
Lot Size1600 Shares
Total Issue Size1,816,000 shares (aggregating up to ₹14.89 Cr)
Fresh Issue1,816,000 shares (aggregating up to ₹14.89 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue4,960,000
Share holding post issue6,776,000

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 DateFriday, October 27, 2023
IPO Close DateWednesday, November 1, 2023
Basis of AllotmentMonday, November 6, 2023
Initiation of RefundsTuesday, November 7, 2023
Credit of Shares to DematWednesday, November 8, 2023
Listing DateThursday, 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.

Retail (Min)11600₹131,200
Retail (Max)11600₹131,200
HNI (Min)23,200₹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