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.
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