Hannah Joseph Hospital came to market through an SME IPO that opened on 22 January 2026 and closed on 28 January 2026, and the shares listed on 2 February 2026 on BSE SME. The price band was ₹67 to ₹70 per share and one lot was 2000 shares, so the minimum application was ₹1,40,000. The issue size was ₹42 crore. The whole issue was fresh shares, so the money raised went to the company.
Bigshare Services Pvt.Ltd was the registrar to the issue, and Capital Square Advisors Pvt.Ltd was the lead manager.
As of 28 January 2026.
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Incorporated in the year 2011, Hannah Joseph Hospital Limited is a medical facility providing best-in-class medical aid in different specialties. The company is a multispecialty health care provider in Madurai, located in a campus occupying 2 acres of land with a central air-conditioning/water heating facility with a combined bed capacity of 150.The realms in which the company operates are Neurology, Cardiology, Psychiatry, and Trauma Healthcare.
This is because the organization is aware of the various nuances in healthcare around the globe along with customer culture. Services: Department of Neurosciences: Neurology and Neuro Department of Cardio Sciences, Cardiology Department of Trauma Care: Orthopaedics, Oral & Maxillofacial Surgery Department of Psychiatry: Psychiatry As of November 30, 2025, they employ 364 people.
As described in the offer document.
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Mosesjoseph Arunkumar, Fenn Kavitha Fenn Arunkumar, Arunkumar Nalina, Noyel Arunkumar. Promoter holding 93.57% before the issue and 68.83% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Hannah Joseph Hospital IPO was a ₹42 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹67–₹70 per share with a lot size of 2,000 shares; the minimum retail application was 4,000 shares (₹2,80,000). The IPO was open from January 22 to January 28, 2026 and was subscribed 1.62x. Shares listed on BSE SME on February 2, 2026 at ₹65, a 7.1% discount to the issue price of ₹70. Bigshare Services Pvt. Ltd.
is the registrar. Capital Square Advisors Pvt. Ltd. is the book running lead manager.
The price band of Hannah Joseph Hospital IPO is ₹67 to ₹70 per share.
The lot size of Hannah Joseph Hospital IPO is 2000 shares.
The minimum investment for Hannah Joseph Hospital IPO is approximately ₹2,80,000 based on the upper price band.
The allotment date of Hannah Joseph Hospital IPO is Jan 29, 2026.
You can check Hannah Joseph Hospital IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Hannah Joseph Hospital IPO allotment status on Rupix for quick and easy access.
₹67 to ₹70 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 2000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,40,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,40,000, for one lot of 2000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 22 January 2026 and closed on 28 January 2026.
The basis of allotment was published on 29 January 2026 by Bigshare Services Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 2 February 2026 on BSE SME.
The issue size was ₹42 crore. The fresh issue was 60,00,000 shares (aggregating up to ₹42 crore).