Shalby Limited IPO Detail, IPO GMP, Analysis, Issue Price and Market Lot


Incorporated in 2004, Shalby Limited is Ahmedabad, Gujrat based one of the leading multi-specialty chain of hospitals in India. Company provides inpatient and outpatient healthcare services through 8 fully operational hospitals with an aggregate operational bed count of 781 beds. Company also provides outpatient consultative healthcare services through 3 hospitals and 68 Outpatient Clinics. Company has 8 shared surgery centers within third party hospitals.

Shalby hospitals are well known for its orthopaedic services. Shalby Hospital had a 15% market share of all joint replacement surgeries conducted by private corporate hospitals in India in 2016. Apart from a focus on orthopaedics, Shalby hospitals provide advanced levels of care across various specialties such as neurology, cardiac care, critical care, oncology, and nephrology.

Since March 2007, Shalby hospitals have conducted an aggregate of 84,579 surgeries, and provided healthcare services to an aggregate of 923,441 patients, consisting 121,576 inpatients and 801,865 outpatients.

Company Promoters:
The Promoters of our Company are Dr Vikram Shah, Dr Darshini Shah, Shanay Shah, Shah Family Trust, and Zodiac Mediquip Limited.
Dr Vikram Shah, Dr Darshini Shah, Shanay Shah, Shah Vikram Indrajit HUF and Shah Indrajit Chimanlal HUF are the promoters of Zodiac Mediquip Limited.

Company Financials:

Summary of financial Information (Consolidated)
Particulars For the year/period ended (in Rs. million)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 5,040.21 3,513.41 2,168.30
Total Revenue 2,926.63 2,776.26 2,616.76
Profit After Tax 364.73 245.52 377.47

Objects of the Issue:

The Offer comprises of the Fresh Issue and the Offer for Sale.

Company proposes to utilise the Net Proceeds from the Fresh Issue towards the following objects:
1. Repayment or prepayment in full, or in part of certain loans availed by the Company;
2. Purchase of medical equipment for existing, recently set up, and upcoming hospitals;
3. Purchase of interiors, furniture, and allied infrastructure for upcoming hospitals; and
4. General corporate purposes.

Company will not receive any proceeds from the Offer for Sale.

Issue Detail:

  • Issue Open: Dec 5, 2017 – Dec 7, 2017
  • Issue Type: Book Built Issue IPO
  • Issue Size:
    › Fresh Issue of [.] Equity Shares of Rs 10 aggregating up to Rs 480.00 Cr
    › Offer for Sale of 1,000,000 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
  • Face Value: Rs 10 Per Equity Share
  • Issue Price: Rs 245 – Rs 248 Per Equity Share
  • Market Lot: 60 Shares
  • Minimum Order Quantity: 60 Shares
  • Listing At: BSE, NSE

Company Contact Information
Shalby Limited
Opposite Karnawati Club,
Sarkhej Gandhinagar Highway,
Near Prahlad Nagar Garden, Ahmedabad 380 015
Phone: +91 79 4020 3000
Fax: +91 79 4020 3120
Email: [email protected]
Website: https://www.shalby.org/

Shalby Hospital IPO Registrar
Karvy Computershare Private Limited
Karvy House, 46, Avenue 4, Street No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India

Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com

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