Hannah Joseph Hospital IPO Brief **Issue Details & Pricing** The initial public offering for Hannah Joseph Hospital is set to open this **Thursday**, aiming to raise a total of **Rs 42 crore**. The price band for the issue has been fixed between **Rs 67 and Rs 70** per share. **Market Sentiment** Pre-market signals indicate a tempered reception. The Grey Market Premium (GMP) currently trades **flat**, reflecting **cautious investor sentiment** regarding the valuation and immediate listing gains. **Business Context & Utilization** Based in **Madurai** and operational since **2011**, the hospital reports **steady financial growth**. Management intends to deploy the IPO proceeds toward capital expenditure, specifically for establishing a new **radiation oncology center** to expand service capabilities.