Hannah Joseph Hospital IPO

Listed SME Healthcare
Open Jan 22
Close Jan 28
Allotment Jan 29
Listing Feb 02

Market Sentiment

Grey Market Premium What is GMP?
GMP data not available yet
Subscription Status
QIB
1.08x
bNII (>10L)
2.85x
sNII (2-10L)
1.29x
Retail
1.62x
Total
1.62x
Updated: Mar 02, 2026 11:54 pm IST
Analysis Score 35 / 100
Avoid
Data: 45%
Subscription Score 25
Financial Health 56

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 4,000 ₹2,80,000
Retail Maximum 2 4,000 ₹2,80,000
S-HNI Minimum 3 6,000 ₹4,20,000
S-HNI Maximum 7 14,000 ₹9,80,000
B-HNI Minimum 8 16,000 ₹11,20,000

IPO Details

Issue Price₹67-70 per equity share
Face Value₹10 Per Equity Share
Lot Size 2000 shares (Min ₹1,40,000)
Total Issue Size ₹42.00 crore
Fresh Share₹42.00 crore
Issue TypeBook build issue
Lead ManagerCapital Square Advisors Pvt.Ltd
RegistrarBigshare Services Pvt. Ltd.
Listing atBSE
Listing Price₹68.25
Listing Gain-2.50%

IPO Reservation

Category Shares Offered
QIB11,44,000
NII (HNI)8,55,000
bNII > ₹10L5,72,000
sNII < ₹10L2,86,000
Retail19,95,000
Anchor17,06,000

Financial Analysis

Financial Data
ROE
14.77%
ROCE
17.03%
Debt/Equity
0.65
NAV/Share
Rs 29.30
Revenue Growth
22.43%
Profit Margin
9.26%
Financial Performance
Metric 2023 2024 2025 Sep 2025
Revenue 54.90 63.63 77.90 42.75
Expense 53.88 58.29 67.55 35.70
Profit (PAT) 1.01 4.07 7.21 5.12
Total Assets 92.14 89.97 99.29 104.58
Values in Crores (₹)
Peer Comparison
Company P/E EPS Market Cap (Cr)
Asarfi Hospital Limited 32.26 5.58 13
Maitreya Medicare Limited 74.29 2.80 7
Promoters & Holding Pattern

Promoters: Mosesjoseph Arunkumar, Fenn Kavitha Fenn Arunkumar, Arunkumar Nalina and Noyel Arunkumar

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 1,66,98,363 93.57%
Promoter Holding Post Issue 2,26,98,363 68.83%

Company Information

About Hannah Joseph Hospital

Hannah Joseph Hospital Limited, founded in 2011, is one of the growing medical and healthcare services provider in India. The company offers medical services across various departments, such as Neurology, Cardiology, Psychiatry, and Trauma healthcare. Hannah Joseph is a Multi-Specialty hospital situated in Madurai with a 2-acre campus. The business has a total of 364 employees as of 2025. The healthcare hospital is equipped with central air-conditioning, a water heating system, and a combined capacity of 150 beds. Moreover, the company has been renowned for offering 24/7 Emergency care, 30+ world-class amenities, and 70+ specialized doctors to provide quality healthcare at affordable prices.

Objects of the Issue
Purpose Amount (Cr)
Funding of capital expenditure for establishing Radiation Oncology Centre 34.98
General Corporate Purpose -

Resources & Documents

Anchor Investors
Anchor Bidding Date
January 21, 2026
Shares Offered to Anchors
17,06,000
Lock-in End (30 Days, 50%)
February 27, 2026
Lock-in End (90 Days, 50%)
April 28, 2026
Company Contact Information

Hannah Joseph Hospital Ltd., Address: 134,Lake View Road, K.K. Nagar,Madurai, Tamil Nadu,625020, Website https://hannahjosephhospital.com/

Frequently Asked Questions

Hannah Joseph Hospital IPO is SME IPO. The company is going to raise ₹42 Crores via IPO. The issue is priced at ₹67 to ₹70 per equity share. The IPO is to be listed on BSE SME.

The IPO is to open on January 22, 2026 for QIB, NII, and Retail Investors. The IPO will close on January 28, 2026.

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

You can apply for Hannah Joseph Hospital IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

Hannah Joseph Hospital IPO issue size is ₹42 crores.

Hannah Joseph Hospital IPO Price Band is ₹67 to ₹70.

The minimum bid is 4,000 Shares with ₹2,80,000 amount.

Hannah Joseph Hospital IPO allotment date is January 29, 2026.

Hannah Joseph Hospital IPO listing date is February 2, 2026. The IPO is to list on BSE SME.

Understanding Grey Market Premium (GMP)

The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.

How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.

Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.

Factors that influence GMP:

  • Subscription levels — Higher subscription typically drives GMP up
  • Market conditions — Bullish markets tend to boost GMP across all IPOs
  • Company fundamentals — Strong financials and growth potential attract premium
  • Industry sentiment — Positive outlook for the sector can increase demand
  • IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP

Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.

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