The Hannah Joseph Hospital IPO is one of the major healthcare listings in 2026 in India’s SME segment. The multi-specialty hospital based in Madurai, Tamil Nadu is raising funds through a fresh public issue to expand its services and infrastructure. The company plans to list its shares on the BSE SME platform, giving investors a chance to participate in the growth of a well-established regional healthcare provider
📌 Hannah Joseph Hospital IPO Details
- Company: Hannah Joseph Hospital Limited
- IPO Type: Fresh Issue (Book Building)
- Issue Size: Up to ₹42.00 crore via fresh equity shares
- Total Shares Offered: 60,00,000 equity shares (fresh issue)
- Face Value: ₹10 per share
- Price Band: ₹67 to ₹70 per equity share
- Listing Exchange: BSE SME
- Lead Manager: Capital Square Advisors Pvt. Ltd.
- Registrar: Bigshare Services Pvt. Ltd.
📅 Hannah Joseph Hospital IPO Dates
| Event | Date |
|---|---|
| Anchor Bidding Opens | January 21, 2026 |
| IPO Opens for Subscription | January 22, 2026 |
| IPO Closes | January 27, 2026 |
| Basis of Allotment | January 28, 2026 |
| Refunds Initiated | January 29, 2026 |
| Shares Credited to Demat | January 29, 2026 |
| Listing Date | January 30, 2026 |
📊 Hannah Joseph Hospital IPO Review & Key Points
The IPO is entirely a fresh issue of shares, aimed at raising capital to support the company’s planned expansion, particularly in oncology services. Hannah Joseph Hospital operates as a multi-specialty tertiary care hospital offering advanced clinical services, and this IPO is expected to enhance its infrastructure and service delivery.
📊 Hannah Joseph Hospital IPO Market Lot
| Investor Type | Lot Size (Shares) | Approx Investment @ Upper Band (₹70) |
|---|---|---|
| Retail Minimum | 3,000 shares | ₹2,10,000 |
| Retail Maximum | 3,000 shares | ₹2,10,000 |
| S-HNI Minimum | 4,500 shares | ₹3,15,000 |
| S-HNI Maximum | 13,500 shares | ₹9,45,000 |
| B-HNI Minimum | 15,000 shares | ₹10,50,000 |
The minimum market lot for retail investors is 3,000 shares, with application amounts scaled accordingly.
📊 IPO Reservation Structure
While exact percentage allocations may vary slightly depending on final offer structure, the company has broadly indicated typical SME IPO reservation buckets:
| Investor Category | Allocation |
|---|---|
| Qualified Institutional Buyers (QIB) | Up to 50% |
| Non-Institutional Investors (HNI) | At least 15% |
| Retail Individual Investors (RII) | At least 35% |
| Market Maker Portion | 3,00,000 shares reserved |
These figures are based on reported allocation details from official IPO sources.
👥 Promoters and Holding Pattern
Before the IPO, promoters held a majority stake in the company. The promoter group includes senior management and founders, with the post-issue holding expected to remain significant. Details reported by IPO watchers indicate pre-issue promoter holding around 93.6%, reducing post-IPO as new shares are issued.
🎯 Objects of the Issue & Utilisation of Proceeds
The IPO funds are primarily intended to:
- Finance capital expenditure for establishing a Radiation Oncology Centre at the hospital in Madurai.
- General corporate purposes, including strengthening operations and expanding service offerings.
The majority of the capital expenditure relates to the expansion of oncology and supportive patient care infrastructure, reflecting a strategic focus on broadening the hospital’s clinical capabilities.
🏥 About Hannah Joseph Hospital Ltd
Hannah Joseph Hospital started as a specialized neurosurgery centre and has expanded into a multi-specialty hospital offering services in neuroscience, cardiology, trauma care, psychiatry, and diagnostic services. The facility is NABH-accredited, with a capacity of approximately 150 beds and equipped with advanced healthcare infrastructure.
The company’s mission emphasizes patient-centric care with modern technologies and skilled medical professionals to serve complex clinical needs in Tamil Nadu and surrounding regions.
📊 Hannah Joseph Hospital IPO Company Financial Report
According to IPO disclosures and financial summaries:
| Financial Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Total Income | ₹77.90 crore | ₹63.63 crore | ₹54.90 crore |
| Profit After Tax | ₹7.21 crore | ₹4.07 crore | ₹1.01 crore |
| Total Assets | ₹99.29 crore | ₹89.97 crore | ₹92.14 crore |
| Net Worth | ₹48.93 crore | ₹43.93 crore | ₹34.15 crore |
Figures based on reported IPO related summaries and asset performance data.
📈 Hannah Joseph Hospital IPO Valuation – FY2025
In FY2025, Hannah Joseph Hospital Ltd demonstrated stable revenue growth with a profit margin improving in recent years. The company reported consistent gains in income and profit after tax — signaling operational scale and expanding service demand. The NAV per share and earnings per share figures position the IPO valuation in line with similar SME healthcare listings.
📊 Peer Group Comparison
Here’s how Hannah Joseph Hospital’s financial metrics stack up with a couple of smaller hospital peers:
| Company | EPS (Basic) | NAV (₹) | RoNW (%) |
|---|---|---|---|
| Hannah Joseph Hospital Ltd. | 4.32 | 26.30 | 14.74 |
| Asarfi Hospital Ltd | 5.58 | 41.39 | 13.48 |
| Maitreya Medicare Ltd | 2.80 | 39.49 | 7.10 |
These figures offer a snapshot comparison of basic financial performance relative to select listed hospital peers.
🤝 IPO Lead Managers & Merchant Bankers
- Book Running Lead Manager: Capital Square Advisors Pvt. Ltd.
- Market Maker: CapitalSquare Financial Services Pvt. Ltd.
- These institutions manage the IPO process, subscription coordination, and investor engagement.
🏢 Company Addresses
Registered Office:
134, Lake View Road, K.K. Nagar
Madurai, Tamil Nadu – 625020
India
Corporate Office:
Hannah Joseph Hospital, RS 115-3B2
Madurai-Tuticorin Ring Road, Chintamani
Madurai North, Tamil Nadu – 625009
India
📇 IPO Registrar
Bigshare Services Pvt. Ltd.
- Registrar handling allotment, refunds, demat credit, and IPO formalities.
- Contact: +91-22-6263 8200
- Email: ipo@bigshareonline.com
❓ Hannah Joseph Hospital IPO FAQs
Q1. What is the IPO price band?
A: ₹67 to ₹70 per equity share.
Q2. When does the IPO open and close?
A: Opens on January 22, 2026 and closes on January 27, 2026.
Q3. What is the lot size?
A: Minimum 3,000 shares per application.
Q4. Where will the IPO list?
A: On the BSE SME platform.
Q5. How are IPO proceeds used?
A: Primarily for setting up a Radiation Oncology Centre and general corporate purposes
DISCLAMER
The information shared here is intended solely for educational and general awareness purposes. Any securities, investments, or IPO-related details mentioned should not be interpreted as financial advice or investment recommendations. Readers are encouraged to conduct their own independent research or seek guidance from a qualified financial professional before making investment decisions.
IPO-related updates are provided for informational use only. Market trends, past performance, or investor interest do not ensure future outcomes. We are not registered with SEBI. Investments in IPOs and the securities market involve inherent risks, and individuals should carefully evaluate their financial situation or consult a certified financial advisor before investing.
