KMC Speciality Hospitals (India) Ltd
The
Company was incorporated on December 31st 1982, as "Advanced Medical
Care Private Limited", and converted into a Public Limited Company on
July 15, 1988. Advanced Medical Care (AMC) has been established as a medium
level multispeciality hospital with facilities for trauma care,critical care
and cardio the racic surgery. AMC was the first in making cardiac care
available to patients of Southern Tamil Nadu with 50 beds. Its diagnostic
centre was opened in Feb.'89. The anglo cath lab and adjoining operation
theatres and intensive care unit was made operational in January 1991. The
project is getting nearer to its full operation level. Set up in Trichy, AMC
is the largest corporate hospital in South of Madras, with specialities for
trauma, critical care, cardiology, cardiothoracic surgery and perinatology.
AMC has a tie-up with the North Memorial Medical centre, Minneapolis, USA.
Complete details of tie-up are mentioned elsewhere in the prospectus. AMC has
also been setting up a network of satellite hospitals to extend the concept
of preventive medical care and primary health care services to surrounding
villages. Such satellite centres are already operational at THURAIYUR and
LALGUDI. The hospital has already generated a lot of goodwill. Over a period,
the bed capacity has been increased to 100 and, on being fully operational,
it will rise to 250. The 40% of the bed strength is meant for the intensive
care unit of the hospital. The hospital has already commenced rendering of
medical care services. Revenue from these facilities during the year ended
31st March 1991 aggregated to Rs 100 lacs with a profit of Rs 29 lacs and for
the period ended on 31.1.92 (for 10 months) the company has earned a revenue
of Rs 97.81 lakhs and net profit of Rs 24.25 lacs. AMC has already performed
an Open Heart Surgery successfully in November, 1991. MAIN OBJECTS OF THE
COMPANY 1. To import, buy,hire all kinds of diagnostic and therapeutic
equipments in the field of medicine. 2. To run medical centres owning
conventional and non-conventional medical equipments and to impart training
and conducting training programmes for such centres. 3. To serve the ailing
poor citizens by rendering medical attention utilising equipments owned or
operated by the company. 4. To form medical trusts and foundations for
rendering medical aids and for owning and operating medical equipments to
cater to the needy and ailing citizens. 5. To carry out services as
Consultants in the field of medicine subject to such regulations as the
Govt.or Indian Medical Council may prescribe in this regard. SUBSIDIARY OF
THE COMPANY, IF ANY : The Company does not have any subsidiary as on date.
PROMOTERS AND THEIR BACKGROUND:- AMC has been promoted by Dr.P.S.Mahadevan,
alongwith some Non-Resident Doctors. Dr.Mahadevan is a Doctor of Medicine(MD)
in Paediatrics. He was a student of J J Group of Hospitals, Bombay before
embarking on his private practice at Trichy in 1966. He has undergone
training in critical care at Bigstone Gap Hospital, Virginia, USA and in
interventional radiology at Alexandra Hospital, Washington, USA. In 1972,
Dr.Mahadevan promoted Bhuvaneswari Nursing Home (BNH) as a polyclinic at
Trichy with equipments like Volume Cycle Ventilators, Blood Gas Analyers,
Ultrasound Scanner, 500 MA X-Ray, Constant Infusion Pumps, Critical Case
Monitors, Flexible Gastro Deudenoscope,etc. Over the years, BNH grew to
become a full-fledged nursing home with 50 beds and was one of the well
equipped private nursing homes in Tamilnadu. During the last two decades, Dr
Mahadevan has treated more than 25,000 patients. During the year ending
30.06.85, 30.06.86,30.06.87 and 31.03.89, Bhuvaneswari Nursing Home's Gross
Receipts were Rs 13,13,291/-, Rs 14,74,318/-, Rs 14,98,634/-, Rs.23,04,877/-
and net profits were Rs 13,734/-,Rs 614/-,Rs 1,70,289/- and Rs.3,43,864/-
respectively. The non-resident promoters of AMC include Dr K Seshadri Raju,
M.S.,A.B. He is presently a Professor of Surgery at the University of
Jackson, Missisippi ,USA. He is a leading transplant/cardiothoracic surgeon
and has the distinction of being the first surgeon in the world to perform a
bilateral isolated lung transplant. Dr.M.Ramakrishnan, M.D.,A.B.(Radiology) a
native of Trichy. He has experience in all aspects of SONO, CT & MRI. He
has a experience of about 20 years, Virginia, USA. MANAGEMENT:- A very
professional board has been constituted to provide the strength needed for a
service industry like a hospital. TECHNOLOGY:- AMC has executed a Memorandum
of Understanding (MOU) which has become effective from July 1st, 1991 with
North Memorial Medical Centre, USA for technology transfer. 2007 -Seahorse
Hospitals has designated an E-mail ID for Investor Complaints as shl_try@yahoo.com.
2008 - Company name has been changed from Seahorse Hospital Ltd to KMC
Speciality Hospitals (India) Ltd. 2011 -KMC Speciality Hospitals (India) Ltd
Issues Rights in the Ratio of 12:1(Share price as on 11/2/19 is Rs.12.5 and Q3 result published yesterday is excellent. It is BSE listed Stock vide
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LORD JESUS CHRIST SAYS
and whoever wants to be first must be slave of all. For even the Son of Man did not come to be served, but to serve, and to give his life as a ransom for many.”

12 Feb 2019
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