Archive · 20 Jan 2026
Hannah Joseph Hospital Plans ₹42 Crore IPO
Hannah Joseph Hospital in Madurai is planning to raise ₹42 crore by selling shares to the public for the first time.
This is called an IPO.
They will sell 60 lakh shares at a price between ₹67 and ₹70 each.
The money from this IPO will be used to build a new Radiation Oncology Centre and for other business needs.
The hospital is known for its work in neurosciences and trauma care.
The IPO is expected to help the hospital grow and serve more patients.
The hospital has been expanding its services and is a important center for complex medical care in South Tamil Nadu.
Hannah Joseph Hospital plans to raise ₹42 crore through an IPO on BSE SME.
The IPO will issue 60 lakh equity shares at a price band of ₹67-₹70 per share.
The IPO will open for subscription on January 22.
Proceeds will be used to establish a Radiation Oncology Centre and for general corporate purposes.
The hospital is a multi-specialty tertiary care center focusing on Neurosciences and Trauma.
- Who
- Hannah Joseph Hospital, a multi-specialty tertiary care hospital in Madurai
- What
- Plans to raise ₹42 crore through an initial public offering (IPO)
- When
- The IPO will open for subscription on January 22
- Where
- The hospital is located in Madurai, and the IPO will be listed on BSE SME
- Why
- To establish a Radiation Oncology Centre and for general corporate purposes
- Company
- Hannah Joseph Hospital
- IPO Amount
- ₹42 crore
- Share Price Band
- ₹67-₹70 per share
- IPO Opening Date
- January 22
- Shares Issued
- 60 lakh equity shares
- Lead Manager
- Capital Square Advisors
- Registrar
- Bigshare Services
- Primary Use of Funds
- Establishing Radiation Oncology Centre and general corporate purposes
