Shanmuga Hospital shares list flat at Rs 54 on NSE SME platform

Shares of Shanmuga Hospital made a muted debut on the NSE SME platform on Friday. The hares listed at Rs 54 same as its issue price.

The company plans to use the proceeds from the IPO for funding capital expenditure towards purchase of additional medical equipment and general corporate purposes.

Salem’s Shanmuga Hospital has emerged as a leading healthcare provider, strategically established with state-of-the-art medical technology and a 151-bed capacity.


Accredited by the National Accreditation Board for Hospitals and Healthcare (NABH) and the National Accreditation Board for Testing and Calibration Laboratories (NABL), the hospital is committed to delivering high-quality healthcare services, including prevention, treatment, and rehabilitation.

The hospital boasts a comprehensive range of medical facilities, including an Oncology Unit, High Dependency Unit (HDU), Emergency Department (ED), Outpatient Consultation Services, Cardiac Care Unit (CCU), Intensive Care Unit (ICU), Neonatal Intensive Care Unit (NICU), Labour Room, Endoscopy Room, Neurosurgery Unit, and Cardiac Unit.

Its advanced Diagnostic Centre is equipped with cutting-edge laboratory and imaging technologies, such as X-Ray, Ultrasound, CT scans, MRI, and modular operational theatres.

This enables the hospital to provide extensive inpatient and outpatient care across various medical and surgical specialties, catering to diverse healthcare needs.

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Shanmuga Hospital has earned a reputation for offering top-notch medical services at affordable rates, thanks to its team of skilled medical professionals who prioritize personalized patient care.

The hospital’s success lies in its commitment to continuous improvement, aiming to set higher standards in healthcare quality and service delivery.

The hospital’s team of trained medical practitioners is adept at handling emergencies, ensuring patients receive timely and effective care.

Collaborations with insurance companies and renowned medical specialists further enhance the hospital’s ability to provide seamless healthcare services.

Additionally, Shanmuga Hospital has partnered with various government agencies and organizations to extend its services to a wider population.