Partner With Us NRI

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Hemant Surgical Industries Limited IPO

4 Mins 25 May 2023 0 COMMENT

About the Company

Hemant Surgical Industries Limited is involved in the business of manufacturing, importing, assembling, and marketing a comprehensive portfolio of medical equipments and disposables that are imported from countries like Japan, China, France and Australia.


The company offers equipment and disposables related to:

Renal Care

Cardiovascular disease

Respiratory disease

Critical Care and Radiology


Business Model

Hemant Surgical Industries Limited is a B2B company. They import, assemble and market products to healthcare facilities.

IPO details

IPO Date

May 24, 2023–May 26, 2023


₹85–₹90 per share

Lot Size


IPO Objective

The Company intends to utilize the Proceeds on:

Funding capital expenditure towards installation of additional plant and machinery

Funding to meet working capital requirements

General Corporate Purpose

Company Financials


Year ended 31.03.2023

Year ended 31.03.2022

Year ended 31.03.2021

Net worth (in lakhs)




Total Borrowings (in lakhs)




Total Revenues (in lakhs)




Basic Earnings per share




Major Business-Related Risk

  • There are outstanding legal proceedings involving the Company and Directors. Any adverse decision in such proceeding may have a material adverse effect on the business, results of operations and financial condition.
  • The margins in this business are traditionally low with a lot of competition.

How to apply for a Quick IPO on ICICIdirect

➢   Select IPO

Go to the IPO section, select the IPO you want to apply from the list and click on ‘Apply’.

➢   Fill in the required details

Fill in the quantity of the number of shares you want to buy. To apply at maximum price, check the cut-off price box and amount is auto calculated. If you want to apply at some other price within the price band, then you can enter the price manually by clicking on “Add bid” option.

➢   Confirm your request

Click on proceed to confirm the order. You can view the placed order under “order book”. If you are applying using UPI, check the A/C and UPI details before clicking on proceed. You will get an UPI link by which payment can be made.

 Disclaimer:ICICI Securities Ltd.( I-Sec). Registered office- ICICI Venture House, Appasaheb Marathe Marg, Mumbai - 400025, India, Tel No:- 022 - 2288 2460, 022 - 2288 2470. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code:-07730) and BSE Ltd (Member Code :103) and having SEBI registration no. INZ000183631. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The non-broking products / services like Mutual Funds, Insurance, FD/ Bonds, loans, PMS, Tax, Elocker, NPS, IPO, Research, Financial Learning etc. are not exchange traded products / services and ICICI Securities Ltd. is just acting as a distributor/ referral Agent of such products / services and all disputes with respect to the distribution activity would not have access to Exchange investor redressal or Arbitration mechanism.