Hannah Joseph Hospital IPO Allotment Finalized, Shares to List on BSE SME
The initial public offering (IPO) of Hannah Joseph Hospital has concluded its subscription phase, with investor participation remaining relatively muted. Attention has now shifted to the SME IPO allotment date, which was officially finalized today, January 28, 2026. The issue was open for subscription from January 22 to January 27, and with the allotment process completed today, the company is preparing for its anticipated listing on Friday, January 30. Hannah Joseph Hospital shares are scheduled to debut on the BSE SME platform, marking a significant milestone for the healthcare provider.
Allotment Process and Refund Timeline
Following the determination of the basis of allotment today, equity shares will be credited directly to the demat accounts of successful bidders. For applicants who did not receive an allotment, refunds will be processed promptly, with the timeline set for tomorrow, January 29. This streamlined process ensures that investors receive their shares or refunds in a timely manner, minimizing delays and enhancing transparency in the IPO process.
How to Check Hannah Joseph Hospital IPO Allotment Status Online
Investors can conveniently check the Hannah Joseph Hospital IPO allotment status online through two primary channels: the BSE website or via Bigshare Services, the registrar to the issue. Below are the step-by-step guides for both methods:
Hannah Joseph Hospital IPO Allotment Status Check on BSE
- Visit the BSE allotment status page on its official website.
- Select 'Equity & SME IPO bid details' on the platform.
- Choose 'Hannah Joseph Hospital' from the Issue Name dropdown menu.
- Enter your PAN and Application Number accurately.
- Click on Submit to view your allotment status displayed on the screen.
Hannah Joseph Hospital IPO Allotment Status Check via Bigshare Services
- Access the web portal of the registrar, Bigshare Services.
- Select 'Hannah Joseph Hospital' in the Select Company dropbox.
- Choose among the available options: Application Number/CAF No, Beneficiary ID, or PAN.
- Enter the required details as per the selected option.
- Fill in the captcha and hit 'Search' to retrieve your allotment status.
Hannah Joseph Hospital IPO GMP and Subscription Status
In the grey market, Hannah Joseph Hospital shares are showing moderate activity. According to market trackers, the Hannah Joseph Hospital IPO GMP stands at ₹0 per share today. Based on this premium, the stock is estimated to list at around ₹70 apiece, which aligns with the IPO price, indicating stable market expectations.
Regarding subscription, the SME IPO was subscribed 1.41x by the end of Day 3. Breaking this down further, the retail portion saw a subscription of 1.47x, while the Non-Institutional Investors (NII) portion was booked at 1.84x. However, the Qualified Institutional Buyers (QIBs) portion received 0.95x bids, reflecting slightly lower institutional interest. Overall, the company received bids for 56.12 lakh shares against 39.94 lakh shares on offer, demonstrating adequate but not overwhelming demand.
Key Details of Hannah Joseph Hospital IPO
The ₹42 crore IPO comprises entirely of a fresh issue of 0.60 crore shares, with no offer for sale component. The company plans to utilize the net proceeds from the issue primarily to fund capital expenditure for setting up a Radiation Oncology Centre, for which an estimated ₹34.98 crore has been earmarked. The remaining funds will be deployed towards general corporate purposes, supporting ongoing operations and potential expansions.
For retail investors, the SME IPO carried a lot size of 2000 shares, requiring a minimum investment of ₹2.80 lakh (equivalent to 4000 shares or 2 lots) at the upper end of the price band. Ahead of the issue launch, on January 21, the company announced that it had raised ₹11.94 crore from anchor investors, providing a solid foundation for the offering.
Capital Square Advisors Pvt. Ltd. serves as the book running lead manager, while Bigshare Services Pvt. Ltd. acts as the registrar of the issue. The Market Maker for the company is CapitalSquare Financial Services Private Limited, ensuring liquidity and market stability post-listing.
About Hannah Joseph Hospital Limited
Established in 2011, Hannah Joseph Hospital Limited operates as a comprehensive healthcare services provider, delivering medical care across multiple specialties. The company runs a multi-specialty hospital in Madurai, spread over a 2-acre campus. Equipped with central air-conditioning and an integrated water heating system, the facility boasts a total bed capacity of 150, positioning it as a key player in the regional healthcare landscape.
