GPT Healthcare Limited IPO

GPT Healthcare Limited IPO is listed on BSE and NSE, priced at ₹177–₹186 per share. The stock debuted at ₹215, delivering a listing gain of 15.6%. The IPO had a lot size of ₹80 shares and a minimum investment of ₹14,880.

GPT Healthcare Limited IPO

Mainboard Listed
₹14,880 (80 Shares)
Minimum Investment
Check Allotment
IPO Dates
Feb 22, 2024 – Feb 26, 2024
Price band
₹177-186 per equity share
Minimum Investment
₹14,880
Issue size
₹525.14 Cr
Lot size
80
Allotment Date
Feb 27, 2024
Listing
Feb 29, 2024
Listing At
BSE, NSE

IPO timeline

  1. Feb 22, 2024

    Open Date

    Completed

  2. Feb 26, 2024

    Close Date

    Completed

  3. Feb 27, 2024

    Allotment Date

    Completed

  4. Feb 29, 2024

    Listing Date

    Completed

Price Summary

Last closing
140.87 (-24.26%)
52 week high
185.00
52 week low
115.00
Last update

GPT Healthcare Limited IPO Essentials

GPT Healthcare Limited IPO Details

GPT Healthcare Limited IPO is priced at ₹177-186 per share with a total issue size of 525.14 crore. The IPO has a lot size of 80 shares and is listed on BSE and NSE.

Issue price
₹177-186 per equity share
Lot size
80 shares
Face value
₹10 Per Equity Share
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)
Total issue size
2,82,33,323 shares
(aggregating up to ₹525.14 crore)
Fresh issue
21,50,537 shares
(aggregating up to ₹40 crore)
Offer for sale (OFS)
2,60,82,786 shares
(aggregating up to ₹485.14 crore)
Listing at
BSE, NSE
List price
215.0(NSE)
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Jm Financial Limited

Market Lot Size

Investors can bid for a minimum of 80 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 80 ₹14,880
Retail(max) 13 1040 ₹1,93,440
sHNI(min) 14 1120 ₹2,08,320
sHNI(max) 67 5360 ₹9,96,960
sHNI(min) 68 5440 ₹10,11,840

GPT Healthcare Limited IPO Documents

GPT Healthcare Limited IPO Reservation

GPT Healthcare Limited IPO reservation details show category-wise allocation of shares. Out of the total 28,233,323 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 8,469,996 (30%)
QIB Shares Offered 5,646,665 (20%)
NII (HNI) Shares Offered 4,234,999 (15%)
bHNI > ₹10L 2,823,333 (10%) 2,520
sHNI < ₹10L 1,411,667 (5%) 1,260
Retail Shares Offered 9,881,663 (35%) 123,520
Total Shares Offered 28,233,323 (100%)

GPT Healthcare Limited IPO Analytics

GPT Healthcare Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

GPT Healthcare Limited IPO Subscription Status

GPT Healthcare Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 5,646,665
4,234,999
2,823,333
1,411,667
9,881,663 19,763,327
Day 1 22-02-24 05:00 PM
0.00 x
0.18x
0.14x
0.25x
0.66 x 0.37 x
Day 2 23-02-24 05:00 PM
0.19 x
0.79x
0.69x
0.99x
1.25 x 0.85 x
Day 3 26-02-24 05:00 PM
17.30 x
11.02x
11.98x
9.09x
2.44 x 8.52 x
Total No. of Applications
bHNI sHNI Retail
258,361 (Approx) —x —x 2.09x

GPT Healthcare Limited Valuations

Earnings

EPS Pre IPO
₹4.88/-
P/E Pre IPO
38.1
P/E Post IPO
32.49

Returns

ROE
23.59%
ROCE
26.09%
RoNW
23.77%

Fundamentals

Debt / Equity
0.39
Price / Book
9.06

Data sourced from DRHP / RHP • For educational purposes only

GPT Healthcare Limited Financials( In Crs.)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 326.76 323.22 317.21
Revenue 366.73 342.40 248.86
Profit After Tax 39.01 41.66 21.09
Net Worth 164.14 156.96 132.68
Reserves & Surplus 85.46 78.28 75.96
Total Borrowing 64.67 95.52 122.93

GPT Healthcare Limited Company & Offer Insights

About GPT Healthcare Limited

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.

GPT Healthcare Limited Promoter(s)

GPT Sons Private Limited, Dwarika Prasad Tantia, Dr. Om Tantia, Shree Gopal Tantia are the company's promoters of GPT Healthcare Limited.

GPT Healthcare Limited IPO Issue Objectives

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
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.

GPT Healthcare Limited IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
GPT Healthcare Limited 4.88 4.88 20.54 38.1 23.77 N/A Consolidated
Global Health Limited 12.58 12.57 89.65 90.29 13.56 8.67 Consolidated
Krishna Institute Of Medical Sciences Limited 42.03 42.03 206.47 49.51 20.35 9.34 Consolidated
Jupiter Life Line Hospitals Ltd 13.95 12.95 64.7 81.73 19.94 16.38 Consolidated
Yatharth Hospital & Trauma Care Services Limited 10.09 10.09 27.84 37.66 36.06 14.5 Consolidated
Kovai Medical Center & Hospital Ltd. 105.8 105.8 656.65 29.93 16.11 N/A Consolidated
Shalby Ltd 6.31 6.27 85.54 49.01 7.33 3.22 Consolidated

Notes:

  1. The P/E Ratio has been computed based on the closing market price of equity shares on October 13, 2023, divided by the Diluted EPS.
  2. Basic EPS and Diluted EPS refer to the Basic EPS and Diluted EPS sourced from the financial statements of the respective company.
  3. RoNW is computed as net profit after tax attributable to owners of the holding company divided by net-worth excluding non-controlling interest.
  4. Net worth is the aggregate value of the paid-up share capital and all reserves created out of the profits, securities premium account, and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses, deferred expenditure, and miscellaneous expenditure not written off, as per the restated balance sheet, but does not include reserves created out of revaluation of assets, write-back of depreciation, and amalgamation.
  5. NAV per share is computed as net worth divided by the number of equity shares outstanding.

Contact Information

Contact Details

GPT Healthcare Limited

+ (91) 33 4050 7000

ghl.cosec@gptgroup.co.in

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

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

Registrar Contact Details

Frequently Asked Questions

Click any question to reveal the answer

GPT Healthcare Limited IPO is a book-built IPO worth ₹525.14 crore. The price band is ₹177–₹186 per share. The IPO opens on Feb 22, 2024 and closes on Feb 26, 2024. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of GPT Healthcare Limited IPO is ₹177 to ₹186 per share.

The lot size of GPT Healthcare Limited IPO is 80 shares.

The minimum investment for GPT Healthcare Limited IPO is approximately ₹14,880 based on the upper price band .

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

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

GPT Healthcare Limited IPO is expected to be listed on Feb 29, 2024, on BSE and NSE .

GPT Healthcare Limited IPO listed on Feb 29, 2024. It was issued at ₹215.0(NSE) and is currently around ₹140.87 as on 14-May-2026 3:30 PM, which is approximately -24.3% versus issue price. The 52-week high is ₹185.00.

Based on listing and post-listing performance, GPT Healthcare Limited IPO delivered around -24.3% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy GPT Healthcare Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

GPT Healthcare Limited IPO valuation snapshot: P/E 32.49, EPS ₹/-, P/B 9.06, RoNW 23.77%, and market cap N/A.

To apply for GPT Healthcare Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of GPT Healthcare Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for GPT Healthcare Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check GPT Healthcare Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the GPT Healthcare Limited IPO allotment status on IPO Ji for quick and easy access.