Hannah Joseph Hospital
CLOSEDIPO Date: 22 Jan - 28 Jan 2026
Listing Date: 2 Feb 2026
Price Range
Rs.67 - Rs.70
Issue Size
42 Cr
Min Investment
₹1,34,000
Lot Size
2000 Shares
Schedule of Hannah Joseph Hospital
Issue open date
22 Jan 2026
Issue close date
28 Jan 2026
UPI mandate deadline
28 Jan 2026 (5 PM)
Allotment finalization
29 Jan 2026
Share credit
30 Jan 2026
Listing date
2 Feb 2026
Mandate end date
13 Feb 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 42 Cr |
| Fresh Issue | 42 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 29 Jan 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 1 Feb 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 31 Jan 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 30 Jan 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 27 Jan 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 26 Jan 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 25 Jan 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 24 Jan 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 23 Jan 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 21 Jan 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 20 Jan 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 19 Jan 2026 | ₹70 | ₹0 | ₹70 (0%) |
Performance Hannah Joseph Hospital
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.67 - Rs.70 | ₹ 118 (-7.14%) | ₹ 78 | 11.43% |
About Hannah Joseph Hospital
Hannah Joseph Hospital Limited is a multi-speciality hospital in Madurai, Tamil Nadu, focused on neurology and neurosurgery. It was started in 2008 as a sole proprietorship by neurosurgeon Mosesjoseph Arunkumar, incorporated as a private limited company in 2011, and converted to a public limited company in 2022. The hospital provides services in neurology, cardiology, psychiatry, and trauma care. It includes a neuroradiology department and cardiac sciences facilities with a cath lab and cardiac surgery theatres, and performs coronary angioplasties and open-heart surgeries. The hospital operates from a two-acre campus in Madurai, with a combined bed capacity of 150 beds
| Founded in | 2011 |
| Managing director | Mr Mosesjoseph Arunkumar |
| Parent organization |
Financial Overview
Strengths
- Strong leadership with over 20 years of medical experience by the promoter-doctors.
- Leading neurology and neurosurgery centre in Madurai and South Tamil Nadu.
- NABH and NABL accredited hospital with advanced medical infrastructure.
- 150-bed multi-specialty hospital offering complex neuro and cardiac procedures.
- Recognised nationally with multiple awards for neuroscience and trauma care.
Risks
- High dependence on in-patient revenue, contributing over 65% of total income.
- Operations concentrated in a single geographic location in Madurai.
- Key facilities operate on leased properties owned by promoters.
- Healthcare business is subject to strict regulatory and compliance requirements.
- Intense competition from larger hospital chains and regional players.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 1.08 |
| Non-Institutional Investors (NIIs) | 1.72 |
| Retail Individual Investors (RIIs) | 1.62 |
| Employee | N/A |
| Total | 1.5 |