The book bill for the GPT Healthcare Limited IPO is Rs. 525.14 crore. This issue is the combination of a new share offering of 0.22 crore, valued at Rs. 40.00 crore, and a share sale offer of 2.61 crore, valued at Rs. 485.14 crore.
The subscription period for the GPT Healthcare Limited IPO begins on February 22, 2024, and it ends on February 26, 2024. On Tuesday, February 27, 2024, allocation for the GPT Healthcare IPO is anticipated to be completed. The BSE and NSE will temporarily list the GPT Healthcare IPO. The date of the listing is scheduled on Thursday, February 29, 2024.
“The pricing range for the GPT Healthcare IPO is ₹177 to ₹186 per share. For all applications, a minimum lot size of 80 shares is required. The minimum needed investment amount for retail investors is ₹14,880. The minimum lot size investment for BNII investors is 68 lots (5,440 shares), worth ₹1,011,840, and for SNII investors it is 14 lots (1,120 shares), worth ₹208,320.”
About GPT Healthcare as a Company
“GPT Healthcare Limited was established in 1989 and, in terms of beds and facilities, by the financial year 2023, it was among the biggest regional healthcare providers in Eastern India. In Eastern India, the firm runs a network of medium-sized, multispecialty hospitals. It offers comprehensive healthcare services under the GPT brand, emphasizing primary and tertiary care.
Including internal medicine and endocrinology, nephrology (including kidney transplantation), laparoscopic and general surgery, obstetrics and gynecology, critical care, gastroenterology, orthopedics and joint replacement, interventional cardiology, neurology, neurosurgery, pediatric medicine, and neonatology, it provides a broad range of healthcare services in over 35 specialties and super-specialties.” “Integrated diagnostic services and pharmacy facilities are also offered by each of its institutions to support patient care. With three cities under its belt, the organization deliberately targets relatively neglected healthcare service areas in Eastern India. Understanding the region’s distinctive features, patient culture, and professional attitudes about healthcare—wherein there is a dearth of high-quality, affordably cost healthcare services-has improved.
Strengths of GPT Healthcare Limited IPO
- Important regional corporate healthcare provider having a solid presence in underserved and heavily populated locations for healthcare delivery
- Well-sized, full-service hospitals with excellent returns on investment are positioned strategically.
- A well-balanced combination of specialization and location
- Capacity to draw in, educate, and keep top-notch medical personnel
- “Operational and Financial Performance and Development Track Record”
- Skilled administration and seasoned direction
GPT Healthcare Limited IPO’s Goals
General corporate purposes; and Full or partial repayment of all or a portion of outstanding loans obtained by the corporation from banks and financial institutions.
Details about GPT Healthcare’s IPO
| IPO Opening Date: | 22nd Feb 2024 |
| IPO Closing Date: | 26th Feb 2024 |
| IPO Size: | ₹525.14 Cr |
| Offer for Sale: | ₹485.14 Cr |
| IPO Listing : | BSE, NSE |
| Fresh Issue: | ₹40.00 Cr |
| Face Value: | ₹10 Per Equity Share |
| Discount: | TBD |
| Holding Pre IPO: | 67.34% |
| Retail Quota: | Not less than 35.00% of the Offer |
| IssueType: | Book Build Issue |
Important Dates for the GPT Healthcare IPO
GPT Healthcare IPO Important Dates
Get updates regarding GPT Healthcare IPO real timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| GPT Healthcare IPO dates | |
| IPO Activity | Date |
| Allotment Date* | 27-02- 2024 |
| Refunds * | 28-02- 2024 |
| Credit of Shares* | 28-02- 2024 |
| IPO Date* | 29-02- 2024 |
GMP
GPT Healthcare IPO last GMP is ₹10 and see here
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