Check out Broach Lifecare IPO GMP, Kostak rates, and Subject to Sauda rates with the latest updates. Broach Lifecare IPO GMP activity started ahead of the public offer. The latest GMP for Broach Lifecare IPO is INR per share, indicating an expected profit of % on listing.
Before going ahead, please note that the IPO grey market is an unofficial and unregulated market with much volatility. Therefore, your investment decision should not be completely based on Broach Lifecare IPO premium movement.
Broach Lifecare Hospital IPO Details
| Broach Lifecare IPO Dates | 13 – 16 August 2024 |
| Broach Lifecare Issue Price | INR 25 per share |
| Fresh issue | 16,08,000 shares (INR 4.02 crore) |
| Offer For Sale | NIL |
| Total IPO size | 16,08,000 shares (INR 4.02 crore) |
| Minimum bid (lot size) | 6,000 shares (INR 1,50,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Broach Lifecare Financial Performance
| FY 2024 | |
| Revenue | 260.58 |
| Expenses | 167.24 |
| Net income | 69.76 |
Broach Lifecare IPO GMP Trend
Broach Lifecare IPO is scheduled to open on 13 to 16 August 2024. The public offer involves a fresh issue of 16,08,000 shares, priced in the range of INR 25 per share. In total, Broach Lifecare’s IPO size is pegged at INR 4.02 crore.
Incorporated in 2023, Broach Lifecare Hospital operates boutique hospitals under the brand “Maple Hospitals” and provides dedicated round-the-clock services to patients with heart ailments. These services include non-invasive cardiology procedures such as 2D echocardiography, electrocardiography, treadmill testing, Holter monitoring, ambulatory blood pressure measurement, stress testing, and dobutamine stress echocardiography.
The Bharuch Hospital features 25 ultra-luxury in-patient beds and diagnostic devices for various tests. It also provides high-end coronary care and life-saving equipment, including an intra-aortic balloon pump machine, biphasic defibrillators, and ventilators.
As of August 2024, the company’s hospitals are affiliated with four PSU insurance companies, 15 private insurance companies, and eight third-party administrators (TPAs). Additionally, the company has applied for empanelment of the hospitals under the Government of India’s flagship scheme, Ayushman Bharat Yojana, popularly known as PM-JAY (Pradhan Mantri Jan Arogya Yojana). As of 31 March 2024, the company has 19 employees on its payroll.
