Hannah Joseph Hospital Limited opened its Initial Public Offering (IPO) for investors, attracting attention from the market due to its presence in the regional healthcare space and expansion-focused growth plans. The issue is listed on the BSE SME platform and is entirely a fresh issue.
Hannah Joseph Hospital Limited operates a multi-specialty hospital in Madurai, Tamil Nadu, offering healthcare services across departments such as neurology, cardiology, psychiatry, trauma care, and general medicine. The hospital caters to both private-pay and government-empanelled patients and holds NABH and NABL accreditations, indicating adherence to recognised quality standards.
The company plans to utilise IPO proceeds primarily for capital expenditure, including setting up advanced medical facilities, along with meeting general corporate requirements.
The Hannah Joseph Hospital Ltd. IPO opened on 22nd January 2026 and recorded initial bidding activity across investor categories on the first day of subscription. The issue was offered at a price band of ₹67–₹70 per equity share and is scheduled to remain open until 27th January 2026, as per the timelines disclosed in the offer documents.
Based on the initial reporting window, the Hannah Joseph Hospital Limited IPO recorded an overall subscription of 0.08× by the end of Day 1. Participation remained muted across categories, with Non-Institutional Investors (NII) subscribing 0.21×, Retail Individual Investors (RII) at 0.05×, while Qualified Institutional Buyers (QIB) showed no bids at 0.00×.
| Investor Category | Subscription Status |
|---|---|
Qualified Institutional Buyers (QIB) |
0.00x |
Non-Institutional Investors (NII) |
0.21× |
Retail Individual Investors (RII) |
0.05× |
Total |
0.08× |
The Hannah Joseph Hospital Limited IPO Day 1 subscription reflects the initial level of participation across investor categories. As with most SME IPOs, subscription trends may evolve over the remaining days of the issue based on investor assessment and bidding activity.
The price band and lot structure align with BSE SME norms for retail accessibility.
Price Band: ₹67 – ₹70 per equity share
Lot Size: 2,000 shares per lot
Minimum Investment (Retail): 2 lots
Total Shares: 4,000 shares
Minimum Investment: ₹2,80,000 (4,000 shares × ₹70)
Retail investors are required to apply for a minimum of 2 lots
Maximum Investment (Retail):
Limited to ₹2,00,000 cap under SEBI retail norms
Since the value of 2 lots already exceeds ₹2 lakh, only 1 retail application of 2 lots is permitted, amounting to ₹2,80,000 at the upper price band
For detailed insights about the company, issue particulars, and the latest updates, visit the Hannah Joseph Hospital Limited on Bajaj Markets.
| Event | Date | Description |
|---|---|---|
IPO Open Date |
22nd January 2026 |
Public subscription begins |
IPO Close Date |
27th January 2026 |
Subscription window ends |
Basis of Allotment |
28th January 2026 |
Allotment finalised |
Refunds / Shares Credited |
29th January 2026 |
Funds refunded or shares credited |
Listing Date (Tentative) |
30th January 2026 |
Shares listed on BSE SME |
Applications for the Hannah Joseph Hospital Limited IPO are accepted through ASBA and UPI-enabled broker/trading accounts, per SEBI and BSE SME requirements.
Applying via ASBA involves the following steps:
Ensure you have a Demat account and an account with a Self-Certified Syndicate Bank (SCSB)
Log in to your bank’s net banking portal
Navigate to the IPO / ASBA section
Select Hannah Joseph Hospital Limited IPO and enter bid details (lot size, number of lots)
Submit the application
The bid amount is blocked in your account and debited only if shares are allotted
You can also apply through a broker or trading app:
Log in to your trading or broker app
Go to the IPO section and select Hannah Joseph Hospital Limited IPO
Enter the number of lots (multiples of 1,500 shares)
Provide your UPI ID and submit the bid
Approve the mandate request in your UPI app
Funds remain blocked until allotment
Both ASBA and UPI methods are secure and paperless, making the IPO application process efficient.
Check other Upcoming IPO’s here: Upcoming IPO
The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner