31 Mar 2021
Assets42.90
Total Income60.65
Profit After Tax1.15
NET Worth8.37
Reserves and Surplus6.53
Total Borrowing14.46
At a glance
Updated 2026-09-17The shares listed at ₹171.00, a 90.00% move from the issue price. Hemant Surgical Industries is a SME IPO with an issue size of ₹24.84 crore, proposed for listing on BSE SME. The offer opens on 24th May 2023 and closes on 26th May 2023. The issue structure includes a fresh issue of ₹23.54 crore. The current listing schedule points to 5th Jun 2023.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹24.84 Cr
Fresh issue₹23.54 Cr
Face value₹10
Price band₹85.00–₹90.00
Allotment31st May 2023
Listing5th Jun 2023
Listing performance
Full performance ↗Issue price₹90.00
Listing price₹171.00
Current price—
Listing gain90.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹80.00
GMP / upper price88.89%
Est. listing₹170.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens24th May 2023
Closes26th May 2023
Allotment31st May 2023
Refund1st Jun 2023
Demat2nd Jun 2023
Listing5th Jun 2023
Subscription demand
Full bidding ↗Total150.59×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | ₹144,000 |
Company
Incorporated1989
Use of proceeds
| Object | Amount |
|---|---|
| Funding Capital Expenditure towards installation of additional plant and machinery | ₹7.51 Cr |
| Funding to meet working capital requirements | ₹10.00 Cr |
| General Corporate Purpose | ₹3.14 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue111.50₹ Cr · +5.4% vs prior year
PAT7.65₹ Cr · +65.9% vs prior year
Assets64.91₹ Cr · +19.4% vs prior year
Net Worth23.60₹ Cr · +81.8% vs prior year
Borrowing7.12₹ Cr · -26.9% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets54.38
Total Income105.77
Profit After Tax4.61
NET Worth12.98
Reserves and Surplus11.15
Total Borrowing9.74
31 Mar 2023
Assets64.91
Total Income111.50
Profit After Tax7.65
NET Worth23.60
Reserves and Surplus15.92
Total Borrowing7.12
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS10.26
Pre-IPO P/E12.28
Post-IPO P/E.
Promoter holding pre100%
Promoter holding post73.56%
Market cap₹93.96 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Hemant Surgical Industries IPO | — | 12.28 x | — | — |
| Abh Healthcare IPO | — | 20.69 x | — | — |
| Credent Connect IPO | — | 153.66 x | — | — |
| H. R. IPO | — | 17.53 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manger Fees | ₹0.25 Cr |
| Fees Payable to Registrar to the Issue | ₹0.02 Cr |
| Fees Payable for Advertising and Publishing Expenses | ₹0.03 Cr |
| Fees Payable to Regulators including Stock Exchanges | ₹0.07 Cr |
| Payment for Printing & Stationery, Postage, etc. | ₹0.03 Cr |
| Fees Payable to Auditor, Legal Advisors and other Professionals | ₹0.07 Cr |
| Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees*, Underwriting fees and Miscellaneous Expenses) | ₹2.67 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Hem Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-17.
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