Hemant Surgical Industries (BSE SME)

May 24, 2023 - May 26, 2023

Price ₹85 - ₹90
Premium ₹80
Lot size 1600
Allotment May 31, 2023
Listing Jun 5, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 1600 144000 0
HNI 2 3200 288000 0
Investor CategorySubscription (times)
Qualified Institutions41.05
Non-Institutional Buyers**203.26
Retail Investors158.73
Total139.70
About

Incorporated in 1989, Hemant Surgical Industries Limited is engaged in the business of manufacturing, importing, assembling, and they market a comprehensive portfolio of medical equipments and disposables.

The wide spectrum of equipments and disposables offered by the company includes:

  • Renal Care
  • Cardiovascular disease
  • Respiratory disease
  • Critical Care and Radiology
  • Surgical disposables

The products processed in the assembly units of the company are imported from countries like: Japan, China France, and Australia.

Hemant Surgical Industries presently has one manufacturing unit and two assembly units. The first Manufacturing Unit is situated at Achad Industrial Estate. The company started its operations of importing and marketing of medical disposables through this unit in 1999. The other two assembling units are located at Atgaon and Bhiwandi, respectively. These two assembling units undertake the assembling of medical products and devices.

The company's facilities are ISO 9001:2015 and ISO 13485:2016 certified. They have a fully equipped quality control department with experienced and qualified staff to facilitate smooth manufacturing and assembly line processes.

Hemant Surgical Industries IPO Details

Total Issue Size 2,760,000 shares
(aggregating up to ₹24.84 Cr)
Fresh Issue 2,760,000 shares
(aggregating up to ₹24.84 Cr)
Issue Type Book Built Issue IPO
Listing At BSE SME

Hemant Surgical Industries IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
Market Maker portion 144,000 shares (Hem Finlease)

Company Financials

Period
Ended
Mar-21 Mar-22 Mar-23
Assets 4,289.84 5,437.59 6,490.79
Revenue 6,065.19 10,577.02 11,149.68
Profit 114.53 461.40 765.11
Net Worth 836.61 1,298.01 2,359.90
Reserves 653.38 1,114.78 1,591.90
Borrowing 1,446.35 973.80 711.92
Lead Manager(s)
Strength
Weakness
Registrar

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