GPT HEALTHCARE PVT LTD IPO 2024 Back ₹525-crore GPT Healthcare IPO begins tomorrow: GMP, issue information, and 10 essential things to know before investing
Subscriptions for the GPT Healthcare IPO begin tomorrow, Thursday, February 22. Under the “ILS Hospitals” brand, GPT Healthcare Ltd. manages a network of mid-sized full-service hospitals that offer integrated healthcare services, with an emphasis on secondary and tertiary care.
GPT HEALTHCARE PVT LTD IPO 2024 : specialities and super specialities
More than 35 specialities and super specialities, including internal medicine and diabetology, nephrology (including renal transplants), general and laparoscopic surgery, obstetrics and gynaecology, critical care, gastroenterology, orthopaedics and joint replacements, interventional cardiology, neurology, and neurosurgery, paediatrics, and neonatology, are among the many medical services offered by the organization, according to the Red Herring Prospectus (RHP).
According to the RHP, the P/E of the company’s listed peers is 90.29 for Global Health Limited, 49.51 for Krishna Institute of Medical Sciences Limited, 81.73 for Jupiter Life Line Hospitals Limited, 37.66 for Yatharth Hospital & Trauma Care Services Limited, 29.93 for Kovai Medical Center & Hospital Limited, and 49.01 for Shalby Limited.
GPT Sons Private Limited, Dwarika Prasad Tantia, Dr Om Tantia, and Shree Gopal Tantia are the company’s promoters. As of the date of this RHP (February 15, 2024), the promoters possess 53,805,600 equity shares in total, or 67.34% of the paid-up equity share capital of the firm.
GPT Healthcare Limited’s financial statements from March 31, 2022 to March 31, 2023
GPT HEALTHCARE PVT LTD IPO 2024 : 10 key things to know
- Here are the 10 key things to know about GPT Healthcare IPO:
- Date of GPT Healthcare IPO: On Thursday, February 22, subscriptions for the IPO will commence, and it will conclude on Monday, February 26.
- The following is the price range for GPT Healthcare’s IPO: Each equity share has a face value of ₹10, and the price range for it is ₹177 to ₹186.
- In the GPT Healthcare IPO, lots will start as 80 equity shares and then be multiples of 80 equity shares.
- Anchor investors: The GPT Healthcare IPO’s allocation to anchor investors is set to take place today, Wednesday, February 21.
- Specifics of the IPO for GPT Healthcare: An offer-for-sale (OFS) of 26,082,786 equity shares of ₹10, totalling ₹485.14 crores, and a new issue of ₹40 crore comprising the ₹525.14 crore GPT Healthcare IPO.
- GPT Healthcare IPO aims: The business plans to finance the following purposes with the net proceeds: general corporate objectives, either fully or partially
Details of the GPT Healthcare IPO allocation and listing date: The shares will be credited to the allottees’ demat accounts on the same day, and the business will begin reimbursements on Wednesday, February 28. The tentative schedule for the GPT Healthcare IPO basis of share allocation is Tuesday, February 27. On Thursday, February 29, shares from the GPT Healthcare IPO are probably going to be listed on the BSE and NSE.
Lead Manager and Registrar of GPT Healthcare IPO: JM Financial Limited is the book-running lead manager for the GPT Healthcare IPO, while Link Intime India Private Ltd is the registrar for the issue.
GPT HEALTHCARE PVT LTD IPO 2024 :Issue Size of GPT Healthcare IPO
GPT Healthcare wants to use the public offering to raise Rs. 525.14 crore. A new issue of 2,150,537 equity shares having a maximum value of Rs 40 and an offer for sale with the promoters dumping 26,082,786 shares with a maximum value of Rs 485.14 crore make up the public issue.
The corporation states that investors may bid for a minimum of 80 shares and in multiples of those shares. Retail investors need to invest a minimum of Rs 14,880.
The goal of GPT Healthcare Promoter is to use the net proceeds from the public offering for general corporate objectives and the full or partial repayment of any outstanding loans the company has obtained from banks and other financial institutions.
