Hannah Joseph Hospital IPO GMP & Subscription Status: Day 2 IPO Live Updates

The Hannah Joseph Hospital IPO GMP is ₹0 as on 23 January 2026. This IPO is a book-building issue worth ₹42.00 crore and consists entirely of a fresh issue of 0.60 crore shares. The IPO is expected to list on BSE SME on 30 January 2026.

The face value of each share is ₹10, and the price band is ₹67 to ₹70 per share. Retail investors must apply for a minimum of 2 lots (4,000 shares), which costs ₹2,80,000. Below are the latest GMP and subscription details.

Hannah Joseph Hospital IPO GMP (Grey Market Premium)

As mentioned earlier, the current GMP of the Hannah Joseph Hospital IPO is ₹0 per share. Based on this, the estimated listing price is ₹70, which means there may be no listing gain or loss (0.00%).

GMP History:

• 23 Jan 2026: IPO Price ₹70 | GMP ₹0 | Est. Listing ₹70 | Gain 0.00%
• 22 Jan 2026: IPO Price ₹70 | GMP ₹0 | Est. Listing ₹70 | Gain 0.00%
• 21 Jan 2026: IPO Price ₹70 | GMP ₹0 | Est. Listing ₹70 | Gain 0.00%
• 20 Jan 2026: IPO Price ₹70 | GMP ₹0 | Est. Listing ₹70 | Gain 0.00%
• 19 Jan 2026: IPO Price ₹70 | GMP ₹0 | Est. Listing ₹70 | Gain 0.00%
• 18 Jan 2026: IPO Price ₹70 | GMP ₹0 | Est. Listing ₹70 | Gain 0.00%
• 17 Jan 2026: IPO Price ₹70 | GMP ₹0 | Est. Listing ₹70 | Gain 0.00%
• 16 Jan 2026: IPO Price ₹70 | GMP ₹0 | Est. Listing ₹70 | Gain 0.00%
• 15 Jan 2026: IPO Price ₹70 | GMP ₹0 | Est. Listing ₹70 | Gain 0.00%
• 14 Jan 2026: IPO Price ₹70 | GMP ₹0 | Est. Listing ₹70 | Gain 0.00%
• 13 Jan 2026: IPO Price ₹70 | GMP ₹0 | Est. Listing ₹70 | Gain 0.00%

Hannah Joseph Hospital IPO Subscription Status

As of now, the IPO is subscribed 0.23 times.

• Retail Investors: 0.11 times
• Non-Institutional Investors (NII): 0.79 times
• Qualified Institutional Investors (QII): 0.00 times

The current subscription shows moderate interest. Investors are watching closely for potential performance when the IPO lists on 30 January 2026. The fresh issue of shares will help the company raise ₹42 crore.

Note: GMP values can change due to market conditions. Always check live subscription data for updates.

Hannah Joseph Hospital IPO Important Dates & Details

• IPO Open Date: 22 January 2026
• IPO Close Date: 27 January 2026
• IPO Allotment Date: 28 January 2026
• Refund Initiation: 29 January 2026
• Listing Date: 30 January 2026
• Issue Size: 60,00,000 shares (₹42 crore approx.)
• Face Value: ₹10 per share
• Lot Size: 2,000 shares
• Issue Price: ₹67 to ₹70 per share
• Issue Type: Book Building IPO
• Listing Platform: BSE SME

Hannah Joseph Hospital IPO – Explanation

Hannah Joseph Hospital Limited has set the IPO price band at ₹67–₹70 per share. Retail investors can apply for a minimum of 2 lots (4,000 shares) costing ₹2,80,000. The shares will be listed on BSE SME on 30 January 2026. Investors can check GMP updates and IPO reviews to make informed decisions.

About Hannah Joseph Hospital Limited

Hannah Joseph Hospital Limited was founded in 2011 and operates as a multi-speciality healthcare provider in Madurai. The hospital is located on a 2-acre campus with modern facilities and has a total capacity of 150 beds.

The hospital focuses on providing quality and affordable healthcare, especially in specialised medical fields.

Key Medical Services:

• Neurosciences: Neurology, Neurosurgery
• Cardio Sciences: Cardiology
• Trauma Care: Orthopaedics, Oral & Maxillofacial Surgery
• Psychiatry: Psychiatry

As of 30 November 2025, the company has 364 employees.

Hannah Joseph Hospital Limited – Financial Performance

Before investing, it is important to review the company’s financials.

Financial Highlights:

• Assets: Increased from ₹89.97 Cr (2024) to ₹99.29 Cr (2025)
• Revenue:
  • March 2023: ₹54.90 Cr
  • March 2024: ₹63.63 Cr
  • March 2025: ₹77.90 Cr
• Profit After Tax (PAT):
  • March 2023: ₹1.01 Cr
  • March 2024: ₹4.07 Cr
  • March 2025: ₹7.21 Cr
• EBITDA (March 2025): ₹20.52 Cr
• Net Worth (March 2025): ₹48.93 Cr
• Total Borrowings (March 2025): ₹33.58 Cr

Financial Growth Explanation:

The company’s revenue grew by 51.70% from March 2024 to March 2025. Profit after tax also increased by 41.52%, showing strong financial improvement.

Hannah Joseph Hospital IPO Objectives

The company plans to use the IPO funds for:

• Setting up a Radiation Oncology Centre
• Meeting general corporate expenses

Hannah Joseph Hospital IPO Registrar

The registrar for this IPO is Bigshare Services Private Limited.

• Email: ipo@bigshareonline.com
• Phone: +91-22-6263 8200

They will handle allotment and refunds.

Expert Opinion & Analysis

Industry experts have given neutral ratings to the IPO. The company has shown strong growth in revenue and profits over the last year. Many analysts suggest applying for the IPO to diversify investment portfolios, but recommend watching further ratings and market response.

Key Financial Indicators

• P/E Ratio: 16.21
• Earnings Per Share (EPS): 4.32
• Return on Net Worth (RoNW): 9.62%
• ROCE: 10.41%
• ROE: 9.39%
• EBITDA Margin: 27.38%
• Price to Book Value: 2.20
• Market Capitalisation: ₹158.89 Cr

Based on these numbers, the IPO may offer stable performance on its listing day.

Pre-IPO vs Post-IPO Indicators:

• P/E Ratio: 16.21 (Pre) → 15.52 (Post)
• EPS: 4.32 (Pre) → 4.51 (Post)