KK Shah Hospitals Limited SME IPO
Issue Size (Net)
up to Rs.8.78 Cr
Price Band
Rs.45 per share
Issue Opens
27 Oct 2023
Issue Closes
31 Oct 2023

Company Highlights

1.Company Information

Incorporated in 2022, KK Shah Hospitals Limited, previously known as Jeevan Parv Healthcare Limited, provides inpatient and outpatient healthcare services through its hospital in Ratlam, Madhya Pradesh.

Dr. Kirti Kumar Shah, one of the promoters of the company, started a clinic in 1976 in Ratlam. Subsequently, a nursing home in 1991 under the name Shah Maternity and Nursing Home. After that, Dr. Kirti Kumar Shah expanded his services by setting up a hospital named Shah Hospital and roped in renowned doctors. In December 2022, KK Shah Hospitals acquired M/s Shah Hospital (formerly known as Shah Maternity and Nursing Home), vide Business Transfer Agreement.

KK Shah Hospital has over 26 beds for in-patient and out-patient treatment and is equipped with diagnostic devices such as CT scans, DEXA scans, BMD, sonography, and X-ray machines. The company conducted over 75-80 surgeries per month (consisting of over 30 orthopedics, 15 gynecologists, 25 general surgery, 10 dental & other branches) during the FY 2021-22 and also during the period starting from 1st April 2022 to 15th February, 2023 and provided healthcare services to an aggregate of approx. 2,200-2,350 patients per month, consisting of approx. 200-250 Indoor Patients per month and approx. 2000-2100 Outpatient per month. The hospital has recorded a bed occupancy ratio of approx. 27.67% in the month of December 2022 and an average IPD of approx. 7.19 patients per day in the month of December 2022.On January 28, 2023, the company entered into an agreement with M/s. Life Care Diet Service to provide food services to its patients and a cafeteria for the attendants in the hospital.

The company is a member of the Biomedical Waste Management System, Ratlam for the disposal of biomedical waste. It is also certified by the National Accreditation Board for Hospitals and Healthcare Providers (NABH Accredited) as a primary-level small healthcare organization in Madhya Pradesh.

2. Objects of the Issue

1. Purchase of medical equipment.

2. General corporate purposes.

3.KK Shah Hospitals IPO Registrar
Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200


Website: https://ipo.bigshareonline.com/ipo_status.html

KK Shah Hospitals Limited Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Amount in Rs. Lakhs

KK Shah Hospitals IPO Details

Issue Opening Date
October 27, 2023
Issue Closing Date
October 31, 2023
Face Value
Rs.10 per share
Rs.45 per share
Lot Size
Issue Size
1,950,000 shares (aggregating up to Rs.8.78 Cr)
Fresh Issue
1,950,000 shares(aggregating up to Rs.8.78 Cr)
Issue Type
Fixed Price Issue IPO
Listing At

KK Shah Hospitals IPO Timeline (Tentative Schedule)

Tentative Date
Opening Date
Friday, October 27, 2023
Closing Date
Tuesday, October 31, 2023
Basis of Allotment
Friday, November 3, 2023
Initiation of Refunds
Monday, November 6, 2023
Credit of Shares to Demat
Tuesday, November 7, 2023
Listing Date
Wednesday, November 8, 2023


Prospectus File

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