IPO IPO-Synopsis
Hemant Surgical Industries Ltd

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Registered Office: 502 5thFloor Ecstacy Bus.Park,JSD Road Mulund West , Mumbai - 400080 , Maharashtra , India.
Phone : 91-22-25912747/25915289   Fax:91-22-22077585
Email :  cs@hemantsurgical.com  
Website :  www.hemantsurgical.com
Initial public offer of 27,60,000 equity shares of face value of Rs10/- each (the "Equity Shares") of Hemant Surgical Industries Limited ("The Company" or "HSIL" or "The Issuer") at an issue price of Rs90/- per equity share for cash, aggregating up to Rs24.84 crores ("Public Issue") out of which 1,44,000 equity shares of face value of Rs10 each, at an issue price of Rs90/- per equity share for cash, aggregating Rs1.30 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 26,16,000 equity shares of face value of Rs10 each, at an issue price of Rs90/- per equity share for cash, aggregating upto Rs23.54 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.44% and 25.06% respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment. The face value of the equity shares is Rs10/- each. The issue price is 9.0 times with the face value of the equity shares. The anchor investor issue price is Rs90 per equity share.

Issue Money Payable On
Opens On Closes On Application Allotment
24-May-23 26-May-23 Rs90.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  Rs Cr Lead Managers to the Issue
Project Cost 20.65
Hem Securities Ltd
Project Financed through Current Offer 24.84  
Post Issue Equity Share Capital 10.44  
Issue Price Rs90.00  
Projects
Funding capital expenditure towards installation of additional plant and machineryGeneral corporate purposes
Funding to meet working capital requirements
Promoted By
Hanskumar Shamji Shah
Kaushik Hanskumar Shah
Hemant Praful Shah
Hanskumar Shamji Shah
Kaushik Hanskumar Shah
Hemant Praful Shah
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd  
Bigshare Services Pvt Ltd