GPT Healthcare IPO Details ( GPT Healthcare Limited IPO Review )
(22 Feb 2024 – 26 Feb 2024)
Established in 1989, GPT Healthcare Limited runs a network of medium-sized, multi-specialty hospitals in Eastern India under the ILS Hospitals brand. Our focus is on providing integrated healthcare services with an emphasis on secondary and tertiary care.
Headquartered in Kolkata, West Bengal, our company delivers a diverse range of healthcare services across 35 specialties and super-specialties. These include internal medicine, 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. Additionally, we provide integrated diagnostic services and have pharmacies on-site.
Our hospitals are situated in four cities:
- Salt Lake, Kolkata (West Bengal) – 85 beds (17 in various ICUs and HDUs as of June 30, 2023)
- Agartala (Tripura) – 205 beds (66 in various ICUs and HDUs as of June 30, 2023)
- Dum Dum, Kolkata (West Bengal) – 155 beds (53 in various ICUs and HDUs as of June 30, 2023)
- Howrah (West Bengal) – 116 beds (43 in various ICUs and HDUs as of June 30, 2023)
As of June 30, 2023, GPT Healthcare operates four multidisciplinary hospitals, boasting a total capacity of 561 beds. Our commitment extends to providing a comprehensive array of healthcare services across 35 specialties and super-specialties.
At the same date, our company employed 1,855 individuals, including 85 full-time consultants and 465 visiting consultants.
GPT Healthcare Limited IPO Competitive Strength
- Key regional corporate healthcare company with a strong foothold in under-penetrated and densely populated healthcare delivery markets
- ‘Right-sized’, full service and strategically located hospitals leading to high return on capital
- Well diversified specialty mix and location mix
- Ability to attract, train and retain quality medical professionals
- Track record of operating and financial performance and growth
- Professional management and experienced leadership
- Investment in infrastructure, processes and clinical excellence driving affordability, and a strong value proposition for stakeholders
GPT Healthcare IPO Financials Performance ( Results )
GPT Healthcare Limited Financial Information (Restated Consolidated)
All Amount in ₹ Crores
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 317.21 | 248.86 | 21.09 | 2.64 | 132.68 | 75.96 | 122.93 |
| 31-Mar-22 | 323.22 | 342.40 | 41.66 | 5.21 | 156.96 | 78.28 | 95.52 |
| 31-Mar-23 | 326.76 | 366.73 | 39.01 | 4.88 | 164.14 | 85.46 | 64.67 |
| 30-Sep-23 | 332.09 | 206.70 | 23.49 | 2.94 | 171.43 | 92.75 | 55.57 |
Objective of GPT Healthcare IPO Issue
- 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; and
- General corporate purposes.
GPT Healthcare IPO Basic Details
| IPO Date | Feb 22, 2024 to Feb 26, 2024 |
| Listing Date | Thursday, February 29, 2024 |
| Face Value | ₹10 per share |
| Price | ₹177 to ₹186 per share |
| Lot Size | 80 Shares |
| Issue Size | 28,233,323 shares of ₹10 (aggregating up to ₹525.14 Cr) |
| Fresh Issue | 2,150,537 shares of ₹10 (aggregating up to ₹40.00 Cr) |
| Offer for Sale | 26,082,786 shares of ₹10 (aggregating up to ₹485.14 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Share holding pre issue | 79,904,286 |
| Share holding post issue | 82,054,823 |
| Company Promoters | GPT Sons Private Limited, Dwarika Prasad Tantia, Dr. Om Tantia, and Shree Gopal Tantia |
GPT Healthcare IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
GPT IPO Timetable
GPT IPO will open on February 22, 2024 and close on February 26, 2024. You can join GPT IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 22 February 2024 (Thursday) |
| Closing Date | 26 February 2024 (Monday) |
| Basis of Allotment | 27 February 2024 (Tuesday) |
| Initiation of Refunds | 28 February 2024 (Wednesday) |
| Credit of Shares to Demat | 28 February 2024 (Wednesday) |
| Listing Date | 29 February 2024 (Thursday) |
| Deadline for UPI mandate confirmation | 5 PM on 26 February 2024 |
GPT IPO Lot Size
For retail investors in GPT IPO, 80 shares will come in 1 lot or the minimum investment will be ₹14,880. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹193,440.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 80 | ₹14,880 |
| Retail (Max) | 13 | 1040 | ₹193,440 |
| S-HNI (Min) | 14 | 1,120 | ₹208,320 |
| S-HNI (Max) | 67 | 5,360 | ₹996,960 |
| B-HNI (Min) | 68 | 5,440 | ₹1,011,840 |
GPT Healthcare IPO Promoter Holding
The company’s promoters include GPT Sons Private Limited, Dwarika Prasad Tantia, Dr. Om Tantia, and Shree Gopal Tantia.
| Pre Issue Share Holding | 67.34% |
| Post Issue Share Holding |
GPT Healthcare Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 1526.22 |
| Earning Per Share (EPS) | ₹4.88 per Equity Share |
| Net Asset Value (NAV) | ₹20.54 per Equity Share |
| P/E Ratio (P/E) (x) | 38.10 |
| Post P/E Ratio (P/E) (x) | 32.49 |
| Return on Net Worth (RoNW) (%) | 23.77 |
| Return on equity (ROE) (%) | 23.59 |
| Return on Capital Employed (ROCE) (%) | 26.09 |
| Debt/Equity Ratio | 0.39 |
| Price/Book Value Ratio | 9.06 |
GPT Healthcare IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹17 | – | – |
| 28 February 2024 | ₹17 | – | – |
| 27 February 2024 | ₹17 | – | – |
| 26 February 2024 | ₹17 | – | – |
| 25 February 2024 | ₹16 | – | – |
| 24 February 2024 | ₹16 | – | – |
| 23 February 2024 | ₹13 | – | – |
| 22 February 2024 | ₹12 | – | – |
| 20 February 2024 | ₹0 | – | – |
| 19 February 2024 | ₹0 | – | – |
GPT Healthcare IPO Detail Video:
GPT Healthcare IPO Subscription Status (Bidding Detail)
The GPT Healthcare IPO on February 26, 2024 at 7:00:00 PM was subscribed 8.52 times, with the retail category being subscribed 2.44 times, the NII (Non-Institutional Investor) category being subscribed 11.02 times, QIB (Qualified-Institutional Buyers) category being subscribed 17.30 times.
| Category | Subscription |
| QIB | 17.30x |
| NII | 11.02x |
| Retail | 2.44x |
| Total | 8.52x |
GPT Healthcare IPO Prospectus
| GPT Healthcare IPO DRHP | Download |
| GPT Healthcare IPO RHP | Download |
| GPT Healthcare IPO Anchor Investors Details PDF | Download |
GPT Healthcare IPO Rating
| Our Rating | 2.5/5.0 |
GPT Healthcare Company Contact Information
GPT Healthcare Limited
Registered and Corporate Office: GPT Centre, JC-25, Sector III, Salt Lake, Kolkata – 700106, West Bengal
Tel: + (91) 33 4050 7000
Contact Person: Ankur Sharma, Company Secretary and Compliance Officer
Tel: + (91) 33 4050 7000
E-mail: ghl.cosec@gptgroup.co.in
Website: www.ilshospitals.com
Corporate Identity Number: U70101WB1989PLC047402
Our Promoters: Gpt Sons Private Limited, Dwarika Prasad Tantia, Dr. Om Tantia and Shree Gopal Tantia
GPT Healthcare IPO Registrar
Link Intime India Private Limited
Registered Office: C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai – 400083.
Tel: +91 22 810 811 4949
E-mail: gpthealthcare.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor grievance E-mail: gpthealthcare.ipo@linkintime.co.in
Contact person: Shanti Gopalkrishnan
SEBI registration number.: INR000004058
GPT Healthcare IPO Lead Manager
JM Financial Limited
Registered Office: 7th Floor, Cnergy Appasaheb Marathe Marg Prabhadevi, Mumbai 400 025, Maharashtra, India
Tel: +91 22 6630 3030
E-mail: gpt.ipo@jmfl.com
Website: www.jmfl.com
Investor grievance E-mail: grievance.ibd@jmfl.com
Contact person: Prachee Dhuri
SEBI registration number: INM00001036
GPT Healthcare IPO FAQs
What is the lot size of GPT Healthcare IPO?
The total size of GPT Healthcare IPO is ₹525.14 crores out of which ₹40.00 crores is fresh issue and ₹485.14 crores is offer for sale (OFS).
When will GPT Healthcare IPO start?
GPT Healthcare IPO will open from 22 February 2024 and IPO will close on 26 February 2024.
What is the open date of GPT Healthcare IPO?
GPT Healthcare IPO will open date from 22 February 2024.
What is the last date ( close date ) of GPT Healthcare IPO?
GPT Healthcare IPO will close from 26 February 2024.
What is the price band of GPT Healthcare IPO?
GPT Healthcare IPO price band is ₹177 to ₹186. ( Upper Price Band: ₹186, Lower Price Band: ₹177 )
What is the minimum amount required to apply for GPT Healthcare IPO?
The minimum investment for retailers to apply for GPT Healthcare IPO is ₹14,880 and the maximum investment is ₹193,440.
What is going on gray market premium of GPT Healthcare IPO?
View gray market premium of GPT Healthcare IPO by Clicking Here
How much is the GMP of GPT Healthcare IPO?
Watch GPT Healthcare IPO GMP Today: Click Here
What is the allotment date of GPT Healthcare IPO?
The allotment date of GPT Healthcare IPO is 27 February 2024.
How to check allotment status in GPT Healthcare IPO?
To check the allotment status of GPT Healthcare IPO, first of all go to the registrar website by clicking here, select your bad GPT Healthcare IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of GPT Healthcare IPO?
The listing date of GPT Healthcare IPO is 29 February 2024.
How much will be the listing gain in GPT Healthcare IPO?
View listing gain of GPT Healthcare IPO by Clicking Here
How much time GPT Healthcare IPO is subscribed?
Total 8.52 times subscribed in GPT Healthcare IPO out of which 2.44 times subscription was done in retail quota, 11.02 times subscription in NII quota and 17.30 times subscription in QIB quota.
How to apply for GPT Healthcare IPO from Upstox?
Click Here to see how to apply for GPT Healthcare IPO from Upstox. (step by step)
How to apply for GPT Healthcare PO from Zerodha?
Click Here to see how to apply for GPT Healthcare IPO from Zerodha. (step by step)
How to apply for GPT Healthcare IPO from Angle One?
Click Here to see how to apply for GPT Healthcare IPO from Angle One. (step by step)
