Maitreya Medicare Limited IPO

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27th Oct 2023 – 01st Nov 2023
09 Nov 2023
₹78 – ₹82
Lot size 1600 — ₹131200

About Maitreya Medicare Limited


Maitreya Medicare Ltd. is launching its IPO. The offer opens for subscription on 27th October 2023 and will close on 01st November 2023.

Disclaimer: This stock will trade with a lot size of 1600 shares in the SME segment on listing.

What does Maitreya Medicare Ltd do?

Maitreya Medicare Limited (MML) is a multi-specialty hospital in Surat, Gujarat, established in 2019. It offers a wide range of healthcare services across 18 specialties, including Cardiology, Urology, Oncology, and more. Under the leadership of Dr. Narendra Singh Tanwar, Dr. Pranav Rohitbhai Thaker, and Mr. Vimal Patel, the hospital has expanded from 67 to 125 beds in 2023.

Maitreya Medicare Limited focuses on providing quality and affordable healthcare in southern Gujarat, leveraging its understanding of regional needs. The hospital also offers integrated diagnostic services and pharmacies. The management team, led by experienced professionals, emphasizes a patient-centric approach, striving for excellence in service delivery. The hospital is equipped with advanced facilities, including a Cathlab, specialized operation theaters, and intensive care units.

Maitreya Medicare Limited has plans for future expansion, potentially increasing capacity to 200 beds with advanced services like organ transplants and robotics. Its strategic location in a densely populated area with limited quality healthcare options provides an opportunity to serve a larger population. The hospital aims to foster a culture that supports the development and retention of healthcare professionals.

Schedule/Timeline of Maitreya Medicare Ltd IPO

Issue Period 27th October to 1st November 2023
Deadline for accepting UPI mandate Until 5 PM on the issue closing day
Finalization of Allotment 6th November 2023
Initiation of Refunds 7th November 2023
Credit of Shares 8th November 2023
Date of Listing 9th November 2023
Mandate end date 16th November 2023
Anchor Investors Lock-In End Date 1st December 2023

How to apply to the Maitreya Medicare Limited IPO?

You can apply for the Maitreya Medicare Limited IPO using any supported UPI app by following two steps:

  • Enter your bid on Kite
  • Accept the UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

How to check the allotment status for Maitreya Medicare Limited IPO?

You can check the allotment status for the Maitreya Medicare Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.