IPO

GPT Healthcare Limited IPO

Mainboard

Hospital

Listed On: Feb 29, 2024 at ₹ 215.0(NSE)

₹ 14880 /80 Shares

Check Allotment

Price Summary

Last Closing

167.40 (-10%)

52 Week High

208.45

52 Week Low

126.10

Last Update

18-Jul-2025 3:30 PM
GPT Healthcare Limited IPO Details

22 Feb, 2024

Open Date

26 Feb, 2024

Close Date

27 Feb, 2024

Allotment Date

29 Feb, 2024

Listing Date

Issue Price

₹177-186 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

215.0(NSE)

Listing Date

2024-02-29

Market Lot

Retail : 80 Shares (₹14,880/-)
S-HNI : 1,120 Shares (₹2,08,320/-)
B-HNI : 5,440 Shares (₹10,11,840/-)

Lead Manager

Jm Financial Limited

Issue Size

Total ₹525.14 Cr :
#Fresh Issue : 2,150,538 shares(aggregating up to ₹40.00 Cr) +
#OFS : 26,082,786 shares of ₹10(aggregating up to ₹485.14 Cr)

Retail Portion

35% (Number of Retail Applications: 1,23,521 Approx),
(Number of S-HNI Applications : 1,260 Approx),
(Number of B-HNI Applications : 2,521 Approx)

Subscription

8.52 times

GPT Healthcare Limited IPO Details


GPT Healthcare Limited IPO is a book-built issue of ₹525.14 crores, The total issue size is ₹525.14 crores. The IPO of GPT Healthcare Limited is priced at ₹177-186 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Feb 22, 2024 and ends on Feb 26, 2024. The allotment for GPT Healthcare Limited IPO will be finalized on Feb 27, 2024. GPT Healthcare Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Feb 29, 2024. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

Retail investors can bid for a minimum of 80 shares, extendable to 14,880. S-HNIs will be able to bid for 1120 shares at ₹2,08,320, while B-HNIs can also apply for a bid of 5440 shares at ₹10,11,840. The book-running lead manager for the IPO is/are Jm Financial Limited.

The total issue ₹525.14 crore, comprising a fresh issue of 21,50,537 shares ₹40 crore and an Offer for Sale (OFS) of 2,60,82,786 shares to mop up ₹485.14 crore.

The GPT Healthcare Limited IPO sets its price band at 177-186 for each share. A single application for GPT Healthcare Limited IPO must contain at least 80 shares. Sentiment investors need to invest a minimum of 80 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,880 In order to participate in the sNII, investors must purchase at least 14 lots of 1120 shares for ₹2,08,320, while the bNII requires 68 lots of 5440 shares for an investment of ₹10,11,840.

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GPT Healthcare Limited IPO Subscription Details

As onQIBNII
bNII   sNII
RetailTotal
Shares Offered / Reserved5,646,6654,234,999
2,823,333    1,411,667
9,881,66319,763,327
Day 1 - 22-02-24 05:00 PM0.00 x0.18
0.14 x   0.25 x
0.66 x0.37 x
Day 2 - 23-02-24 05:00 PM0.19 x0.79
0.69 x   0.99 x
1.25 x0.85 x
Day 3 - 26-02-24 05:00 PM17.30 x11.02
11.98 x   9.09 x
2.44 x8.52 x
Total No. of Applications: 258,361 (Approx)
Retail Subscription on the basis of Applications: 2.09 times

GPT Healthcare Limited Valuations

EPS Pre IPO

₹4.88/-

EPS Post IPO

₹/-

P/E Pre IPO

38.1

P/E Post IPO

32.49

ROE

23.59%

ROCE

26.09%

Debt/Equity

0.39

RoNW

23.77%

Price to Book Value

9.06

GPT Healthcare Limited Company Financials All values are in ₹ Cr.

31-Mar-2331-Mar-2231-Mar-21
Assets326.76323.22317.21
Revenue366.73342.40248.86
Profit After Tax39.0141.6621.09
Net Worth164.14156.96132.68
Reserves & Surplus85.4678.2875.96
Total Borrowing64.6795.52122.93

About The Company

GPT Healthcare Limited operates a chain of mid-sized, multi-specialty, full-service hospitals in Eastern India under the ILS Hospitals brand, providing integrated healthcare services focusing on secondary and tertiary care.

Based in Kolkata, West Bengal, the company offers a range of healthcare services in over 35 specialties and super-specialties, including internal medicine and diabetology, nephrology (including kidney transplant), laparoscopic and general surgery, gynaecology and obstetrics, intensive care, gastroenterology, orthopaedics and joint replacement, interventional cardiology, neurology, neurosurgery, paediatrics, and neonatology. It also offers integrated diagnostic services and pharmacies.

GPT Healthcare's hospitals are located in four cities, namely
Salt Lake, Kolkata (West Bengal) with a capacity of 85 beds, including 17 beds in various ICUs and HDUs (as of June 30,2023)
Agartala (Tripura) with a capacity of 205 beds (as of June 30,2023), including 66 beds in various ICUs and HDUs
Dum Dum, Kolkata (West Bengal) with a capacity of 155 beds, including 53 beds in various ICUs and HDUs as of June 30,2023
Howrah (West Bengal) with a capacity of 116 beds, including 43 beds in various ICUs and HDUs, as of June 30, 2023.

As at June 30,2023, the company operates four multidisciplinary hospitals with a total capacity of 561 beds, offering a comprehensive range of healthcare services in over 35 specialties and super-specialties.

As at June 30,2023, the company had 1,855 employees,85 full-time consultants, and 465 visiting consultants.

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GPT Healthcare Limited - Promoter(s)

Pre Issue Share Holding: 67.34%

Post Issue Share Holding: 65.57%


Company Promoter(s)
  1. GPT Sons Private Limited
  2. Dwarika Prasad Tantia
  3. Dr. Om Tantia
  4. Shree Gopal Tantia

GPT Healthcare Limited IPO - Issue Objectives

  1. Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the company from banks and financial institutions
  2. General corporate purposes.

GPT Healthcare Limited IPO - Anchor Investors

GPT Healthcare raises Rs 157.54 crore from anchor investors ahead of IPO.

Marquee foreign and domestic institutional investors invested in the company via anchor book included Societe Generale, Kotak Mutal Fund, Axis Mutual Fund, Bandhan Duro One Investments, Copthall Mauritius, Kotal Mutual Fund, Aditya Birla Life Insurance, LC Pharos Multi Strategy Fund, and DE Shaw Valence International.

Other Details

Company Contact Details

GPT Healthcare Limited

GPT Centre, JC-25, Sector III, Salt Lake, Kolkata – 700106

Phone: + (91) 33 4050 7000

Email: ghl.cosec@gptgroup.co.in

Website: https://www.gptgroup.co.in/gpt-healthcare/

Registrar Contact Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: gpthealthcare.ipo@linkintime.co.in

Website: https://linkintime.co.in/Initial_Offer/public-issues.html

GPT Healthcare Limited IPO - FAQs

Ans. GPT Healthcare Limited IPO is a Mainboard IPO. The issue is priced at ₹177-186 per equity share. The minimum order quantity is 80 Shares. The IPO opens on Feb 22, 2024, and closes on Feb 26, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The GPT Healthcare Limited IPO opens on Feb 22, 2024 and closes on Feb 26, 2024.

Ans. The size of GPT Healthcare Limited IPO is Total ₹525.14 Cr : #Fresh Issue : 2,150,538 shares(aggregating up to ₹40.00 Cr) + #OFS : 26,082,786 shares of ₹10(aggregating up to ₹485.14 Cr).

Ans. The IPO price band is set between ₹177-186 per equity share.

Ans. To apply for GPT Healthcare Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find GPT Healthcare Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of GPT Healthcare Limited IPO is Feb 27, 2024.

Ans. The GPT Healthcare Limited IPO will be listed on Feb 29, 2024.

Ans. Follow the steps to check the allotment status for GPT Healthcare Limited IPO here.