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  • By Goodwill
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  • August 14, 2024

IPO : Broach Lifecare Hospital Limited

Broach Lifecare Hospital Limited IPO

 SYMBOL BROACH
 ISSUE TYPE Fixed Price Issue IPO
 ISSUE OPENS ON Tuesday, August 13, 2024
 ISSUE CLOSES ON Friday, August 16, 2024
 ISSUE PRICE ₹25 per share
 ISSUE SIZE Up to Rs.4.02 Crores
 FACE VALUE Rs.10 per share

Broach Lifecare Hospital IPO is a fixed price issue of Rs 4.02 crores. The issue is entirely a fresh issue of 16.08 lakh shares.

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Broach Lifecare Hospital IPO bidding opened for subscription on August 13, 2024 and will close on August 16, 2024. The allotment for the Broach Lifecare Hospital IPO is expected to be finalized on Monday, August 19, 2024. Broach Lifecare Hospital IPO will list on BSE SME with tentative listing date fixed as Wednesday, August 21, 2024.

 MINIMUM BID 6000 shares
 MINIMUM AMOUNT  Rs.150,000
 MAXIMUM BID 6000 shares
 MAXIMUM AMOUNT  Rs.150,000
 LISTING DATE Wednesday, August 21, 2024
 PROMOTER HOLDING POST ISSUE 63.77%
 LISTING AT BSE-SME

Broach Lifecare Hospital IPO price is ₹25 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹150,000. The minimum lot size investment for HNI is 2 lots (12,000 shares) amounting to ₹300,000.

Objects of the Issue (Broach Lifecare Hospital IPO Objectives)

The company proposes to utilize the Net Proceeds from the Issue towards the following objects:

  1. Purchase of Machineries;
  2. Development of Medical Tourism Web Portal; and
  3. General Corporate Purpose
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