ClosedSMEHealthcare · Hospital Services
Hannah Joseph
HANNAH·₹70·Opens 2026-01-22
★★★☆☆3/5
🔗 Official WebsiteSubscribed
1.50×
Overall
Price Band: ₹70
Issue Size: —
About the Company
What does this company do?
Hannah Joseph Hospital Limited operates as a multispecialty hospital providing healthcare services including general medicine, surgery, pediatrics, obstetrics & gynecology, orthopedics, and other specialties. The company operates a hospital facility in Madurai, Tamil Nadu and proposes to set up a radiation oncology uni…
IPO Details
Issue parameters, key dates and structure.
Total Issue Size
—
6000000
OFS
Not Applicable
Proceeds to selling shareholders
Reservation Structure
QIB (Qualified Institutional Buyers)
50
Up to 60% of QIB portion reserved for Anchor Investors
NII / HNI (Non-Institutional Investors)
15
One-third for ₹2 lakh-₹10 lakh applications; two-thirds for >₹10 lakh applications
RII (Retail Individual Investors)
35
For minimum application size
Financial Performance
P&L, Balance Sheet and Cash Flow — all figures in ₹ Crores.
| Particulars (₹ Cr) | H1 FY2025 |
|---|
All figures in ₹ Crores (INR). Data sourced from DRHP/RHP.
Key Financial Ratios
Valuation and profitability metrics at the IPO price.
EPS — Basic (₹)
2.47
FY2024
EPS — Diluted (₹)
2.47
FY2024
P/E Ratio
28.34
At upper band ₹70
RoNW (%)
9.26
FY2024
NAV per Share (₹)
27.38
Pre-issue FY2024
Debt/Equity
0.71
FY2024
EBITDA Margin (%)
35.27
FY2024
PAT Margin (%)
6.41
FY2024
Revenue CAGR
-1.59
FY2022 to FY2024
SWOT Analysis
Internal strengths & weaknesses; external opportunities & threats.
💪Strengths
Established multispecialty hospital with proven operational track record
Strong EBITDA margins indicating operational efficiency
Positive profitability trend with improving PAT
Experienced promoter management in healthcare sector
⚠️Weaknesses
Declining revenue trend over FY2022-FY2024
High debt levels relative to equity
First public issue with no market precedent for valuation
Capital intensive business requiring continuous investment
🚀Opportunities
Expansion through radiation oncology unit
Growing healthcare demand in Madurai region
Access to capital markets for expansion and modernization
Potential to enhance service portfolio and improve profitability
🔥Threats
Intense competition from established hospital chains
Regulatory changes in healthcare sector
Staff retention and dependency on qualified professionals
Economic slowdown impacting healthcare utilization
Competitive Strengths
Key advantages highlighted in the DRHP.
✓
Established multispecialty hospital with diversified service offerings
✓
Strong financial performance with consistent revenue growth and profitability
✓
Experienced management team with healthcare industry expertise
✓
Strategic location in Madurai with growing healthcare demand
✓
Expansion plans including radiation oncology unit to enhance service portfolio
Promoters & Shareholding
Pre & post-IPO shareholding pattern. Click a promoter card to learn more.
Promoters
Shareholding Pattern
93.5720.37%
6.4379.63%
PrePost
Key Risks
Material risk factors to consider before applying.
⚠
Highly competitive healthcare industry with established players
⚠
Dependence on qualified medical professionals and staff retention
⚠
Regulatory compliance and licensing requirements in healthcare sector
⚠
First public issue with no established market valuation
⚠
Capital intensity of healthcare business requiring continuous investment
◆ Neutral
Should You Apply?
Hannah Joseph Hospital Limited is a multispecialty healthcare provider operating in Madurai, Tamil Nadu, with strong operational fundamentals reflected in 35.27% EBITDA margins. The company generated ₹6,340.78 Cr revenue and ₹406.64 Cr PAT in FY2024 with improving profitability trends. At the upper price band of ₹70, the P/E ratio stands at 28.34x FY2024 EPS with NAV of ₹27.38 per share, indicating fair valuation for a healthcare company. However, declining revenue trajectory (-1.59% CAGR FY2022-24) and elevated debt levels (0.71x D/E) warrant caution despite expansion plans for radiation oncology unit.
⚠️ This is not investment advice. CheckIPO provides information for educational purposes only. Always consult a SEBI-registered financial advisor before investing.
IPO Timeline
Key milestones from opening to listing.
📅
IPO Opens
2026-01-22
🔒
IPO Closes
2026-01-28
🏛️
Listing
2026-02-01
Lead Managers & Registrar
Institutions managing the issue and handling allotment.
Book Running Lead Managers (1)
CapitalSquare Advisors
Registrar to the Issue
📋
BigShare Online
Registrar to the Issue
Company Details
Registered information and contact details.
Company Name
Hannah Joseph Hospital Limited
CIN
U74999TN2011PLC082860
Registered Office
134, Lake View Road K.K.Nagar, Madurai, Tamil Nadu, India, 625020
Contact Person
Yuvaraj Saravanan
Phone
9524729594