Hannah Joseph Hospital IPO

Hannah Joseph Hospital runs a single 150-bed multi-specialty hospital on a two-acre campus in Madurai, Tamil Nadu. Mosesjoseph Arunkumar, a neurosurgeon, started it as a sole proprietorship in 2008, and the hospital moved to its present campus in 2020. Of the 150 sanctioned beds, 133 were operational at the date of the prospectus, spread over six floors covering emergency, four ICUs, a general ward, cath-lab recovery and single and deluxe rooms. Core departments are neurosciences, interventional neuro-radiology, cardiac sciences, trauma care, orthopaedics, neuro-radiology and psychiatry; the company added a cath lab and cardiac operation theatres and performs coronary angioplasties and open-heart surgery. The hospital is NABH-accredited and its laboratory holds NABL certification. Manpower was 364 as on 30 November 2025, including 24 full-time consultants.

Revenue is patient billing at one site. In-patient treatment produced Rs 52.09 crore of FY25 revenue against Rs 5.26 crore out-patient, and in-patient work has stayed near two-thirds of revenue from operations: 67.19% in FY25 and 65.72% in the six months to 30 September 2025. The prospectus names two government schemes, TNNHIS and CMCHIS, both via MDIndia TPA, as an important source of new patient registrations, so tariffs and payment terms are largely set by payers. Capacity binds the model: 133 of 150 sanctioned beds were operational, and Rs 34.98 crore of the Rs 42 crore raised, 83.29% of gross proceeds, was earmarked for a new radiation oncology centre.