The GPT Healthcare IPO started on February 22, 2024, and ended on February 26, 2024. Shares were allocated on February 27, 2024, and refund processes began on February 28, 2024. On February 28, 2024, the shares were credited to investors demat accounts. GPT Healthcare was officially listed on the stock exchange on February 29, 2024.
During the IPO, GPT Healthcare offered shares at a price range of ₹177 to ₹186 per share, and the lot size was 80 shares. The total issue size was ₹525.14 crores, with ₹40.00 crores from new shares and ₹485.14 crores from shares for sale. The IPO was listed on both the NSE and BSE.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
GPT Healthcare IPO Subscription Update Video
GPT Healthcare IPO Subscription Status
The GPT Healthcare IPO on February 26, 2024 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, the 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 Basic Details
| Company Name | GPT Healthcare Limited |
| Domain of Company | Healthcare |
| GPT Healthcare IPO Open Date | February 22, 2024 |
| GPT Healthcare IPO Close Date | February 26, 2024 |
| GPT Healthcare IPO Allotment Date | February 27, 2024 |
| GPT Healthcare IPO Listing Date | 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 |
| Company Promoters | GPT Sons Private Limited, Dwarika Prasad Tantia, Dr. Om Tantia, and Shree Gopal Tantia |
About GPT Healthcare Limited
Established in 1989, GPT Healthcare Limited runs a series of medium-sized, full-service hospitals in Eastern India under the ILS Hospitals brand, focusing on comprehensive healthcare services in secondary and tertiary care.
Headquartered in Kolkata, West Bengal, the company provides a variety of healthcare services across 35 specialties and super-specialties, covering areas such as 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, they offer integrated diagnostic services and pharmacies.
GPT Healthcare’s 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, the company operates four multidisciplinary hospitals with a total capacity of 561 beds, providing a comprehensive range of healthcare services across 35 specialties and super-specialties.
At the same date, GPT Healthcare had 1,855 employees, including 85 full-time consultants and 465 visiting consultants.
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GPT Healthcare IPO FAQs
What is the start and end date of GPT Healthcare IPO Subscription?
The GPT Healthcare IPO started on February 22, 2024, and ended on February 26, 2024.
When does GPT Healthcare IPO Subscription open?
The GPT Healthcare IPO open on February 22, 2024.
When does GPT Healthcare IPO Subscription close?
The GPT Healthcare IPO Close on February 26, 2024.
What is the allotment date of GPT Healthcare IPO?
The allotment date for GPT Healthcare IPO is February 27, 2024.
When is the initial refund date of GPT Healthcare IPO?
The initial Refund date for GPT Healthcare IPO is February 28, 2024.
When were the shares credited to investors demat accounts for the GPT Healthcare IPO?
The shares for the GPT Healthcare IPO were credited to investors demat accounts on February 28, 2024.
When will GPT Healthcare IPO be listed on the stock market?
GPT Healthcare IPO stock market will be listed on February 29, 2024 at 10 am.
What was the price range of the GPT Healthcare IPO shares?
The GPT Healthcare IPO shares were offered at a price range of ₹177 to ₹186 per share.
What was the lot size for the GPT Healthcare IPO shares?
The lot size for the GPT Healthcare IPO shares was 80 shares.
What was the total issue size of the GPT Healthcare IPO?
The total issue size of the GPT Healthcare IPO was ₹525.14 crores.
How were the shares allocated among different types of investors for the GPT Healthcare IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the GPT Healthcare IPO listed?
The GPT Healthcare IPO was listed on both the NSE and BSE.
What is the GPT Healthcare IPO Subscription Status?
GPT Healthcare IPO is subscribed 8.52 Times.
