Hannah Joseph Hospital IPO | Hannah hospital IPO Overview , Hospital Profile, Strengths & Risks
Latest Grey Market Premium & IPO Details
Hannah Joseph Hospital IPO 2026 – Key Info & Highlights
Hannah Joseph Hospital IPO, priced at ₹67–₹70, opened on 22 Jan 2026 and was listed on the SME platform at ₹65 per share, resulting in a discounted debut. The IPO GMP remained flat at ₹0 throughout the pre-listing period, indicating muted investor sentiment and accurately signaling the stock’s soft listing performance.
📌 IPO Details
| Company Name | Hannah Joseph Hospital IPO |
|---|---|
| Sector / Industry | Hospital |
| IPO Open Date | 22-01-2026 |
| IPO Close Date | 28-01-2026 |
| Allotment Date | 29-01-2026 |
| Refund Date | 30-01-2026 |
| Share Credit Date | 30-01-2026 |
| Listing Date | 02-02-2026 |
| Price Band | ₹67 - ₹70 |
| Lot Size | 1500 Shares |
| Min Investment | ₹2,10,000 ( 2 lot Price ) |
| Total Issue Size | ₹42.00 Cr |
| Reserved for Market Maker | ₹2.10 Cr |
| Net Issue Size | ₹39.90 Cr |
| Fresh Issue | ₹39.90 Cr |
| IPO Listing At | BSE SME |
| DRHP | View DRHP |
| Issue Type | Book Build Issue |
| Face Value | ₹10 Per Equity Share |
| Promoter Holding Pre IPO | 93.57 % |
| Promoter Holding Post IPO | 68.83% |
* All Dates are provisional
Quota Allocation
| Category | Allocation (%) |
|---|---|
| Retail Investors | 33.25% |
| QIB (Qualified Institutional Buyers) | - |
| HNI (High Net Worth Individuals) | 14.25% |
📈 Grey Market Premium (GMP) Day-wise Trend
| GMP Date | GMP Price | Trend | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 02-02-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 02-02-2026 09:25 |
| 01-02-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 01-02-2026 23:37 |
| 31-01-2026 | ₹0.00 | - | ₹0.00 | ₹0.00 | 31-01-2026 22:41 |
📝 About Hannah Joseph Hospital
Hannah Joseph Hospital Limited is a leading multi-specialty tertiary care hospital based in Madurai, Tamil Nadu, committed to delivering quality healthcare through advanced medical practices and patient-centric care. The hospital has built a strong presence in the region by focusing on specialized treatments supported by modern infrastructure and experienced medical professionals.
Established with the vision of providing accessible and affordable advanced healthcare, the hospital has evolved into a comprehensive treatment center offering a wide range of medical and surgical services. Its core strengths lie in neurosciences, cardiac sciences, trauma care, orthopaedics, psychiatry, and critical care, supported by round-the-clock emergency services.
The hospital operates from a well-planned campus equipped with modern diagnostic facilities, intensive care units, modular operation theatres, and advanced imaging systems, enabling the management of complex and high-risk medical cases. Emphasis is placed on clinical excellence, patient safety, and ethical medical practices.
Led by an experienced promoter-driven management team with strong clinical backgrounds, Hannah Joseph Hospital follows a doctor-led operational model, ensuring efficient decision-making and consistent quality standards. The institution is supported by a skilled team of doctors, nurses, and healthcare professionals dedicated to improving patient outcomes.
With a focus on continuous improvement and service diversification, the company is expanding into specialized oncology care, reflecting its long-term commitment to strengthening healthcare infrastructure and addressing critical treatment needs in the region.
Hannah Joseph Hospital Revised Financials
Profit / Loss & Total Assets (Last 3 Years)
| Financial Year | Revenue (₹ Cr) | Profit / Loss (₹ Cr) | Total Assets (₹ Cr) |
|---|---|---|---|
| FY 2023 | 54.90 | +1.01 | 92.14 |
| FY 2024 | 63.63 | +4.07 | 89.97 |
| FY 2025 | 77.90 | +7.21 | 99.29 |
Note: Positive figures indicate profit; Total Assets are reported in ₹ Cr per DRHP/restated financial summary.
Hannah Joseph Hospital Limited – Objects of the Issue
- Capital Investment for Radiation Oncology Facility – The IPO proceeds will be primarily utilized to finance the establishment of a dedicated Radiation Oncology Centre, including acquisition of high-end radiation therapy systems, treatment planning equipment, and supporting medical infrastructure. (Estimated utilisation: ₹34.98 Crore)
- General Corporate Purposes – A portion of the proceeds will be used to support routine corporate requirements such as operational strengthening, administrative expenses, branding initiatives, and other lawful business needs to enhance overall organizational efficiency.
Hannah Joseph Hospital ipo Key Strengths
- Specialised Tertiary Care Expertise – The hospital has established strong clinical capabilities in neurosciences, cardiology, and advanced critical care services, positioning it as a preferred tertiary healthcare provider in the region.
- Promoter-Led Medical Leadership – The company is led by experienced medical professionals with deep operational understanding of hospital management, ensuring clinical quality, patient safety, and efficient decision-making.
- Advanced Medical Infrastructure – Equipped with modern diagnostic and treatment technologies, including high-end imaging systems, ICUs, and modular operation theatres that support complex procedures and high patient throughput.
- Consistent Revenue Growth with Improving Profitability – The company has demonstrated steady growth in operating income, supported by improving margins and controlled operating costs, reflecting a scalable hospital business model.
- Strategic Expansion into Oncology Care – The proposed Radiation Oncology Centre is expected to diversify service offerings, enhance case mix, and strengthen long-term revenue visibility in the high-growth cancer treatment segment.
Hannah Joseph Hospital ipo Risk Factors
- Dependence on Single Hospital Facility – The company’s operations are currently concentrated at a single hospital location. Any disruption due to operational, regulatory, or unforeseen events at this facility could adversely impact business performance and financial results.
- Execution Risk in Radiation Oncology Expansion – The proposed establishment of a Radiation Oncology Centre involves significant capital expenditure and operational planning. Delays in installation, regulatory approvals, or patient ramp-up may affect expected benefits from this expansion.
- High Competition in Healthcare Services – The hospital operates in a competitive healthcare market with presence of other private hospitals, specialty clinics, and government medical institutions, which may impact pricing, patient volumes, and margins.
- Regulatory and Compliance Risks – The healthcare sector is subject to extensive regulations, licensing requirements, and compliance standards. Any changes in healthcare laws, clinical norms, or accreditation requirements may increase operational costs or restrict services.
- Dependence on Key Medical Professionals – The company’s performance is significantly influenced by the availability and retention of experienced doctors, surgeons, and clinical staff. Loss of key personnel could affect service quality and patient trust.
- Working Capital and Cash Flow Sensitivity – Hospital operations require continuous working capital for consumables, manpower, and maintenance. Any mismatch in cash inflows and outflows may impact day-to-day operations.
Hannah Joseph Hospital Limited
Multispeciality Tertiary Care Hospital | Neuro & Cardiac Excellence
| Founded in: | 2011 |
|---|---|
| MD / CEO: | Dr. M. J. Arunkumar |
| Address: | Madurai–Tuticorin Ring Road, Chinthamani (Near Tollgate), Madurai, Tamil Nadu PIN – 625009 |
| Website: | https://hannahjosephhospital.com |
| Phone: | +91 6369 743 518 |
| Email: | hjhospital.management@gmail.com |
| Services: | Neurosciences, Cardiology, Cardiac Surgery, Orthopaedics, Trauma Care, Psychiatry, Emergency Services, Diagnostics (MRI, CT, Cath Lab), ICU & Critical Care |
IPO Quick Info
22 Jan 2026
28 Jan 2026
Upcoming
Lead Manager(s)
- Capital Square Advisors Pvt.Ltd.
Frequently Asked Questions
A multi-specialty tertiary care hospital in Madurai offering advanced neurology, cardiac, trauma, diagnostics, and critical care services.