Global Longlife Hospital and Research Limited IPO Detail
The company is known as a Multi-Speciality Tertiary Care Hospital of Gujarat with 110 beds well equipped for Medical & Surgical Specialities. As of December 31, 2021, the company has 11 full-time consultants, and a team of more than 30 experienced doctors as consultants to serve patients. The company's staff strength also comprises 37 nurses and more than 50 paramedical, pharmacists, corporate and support staff. Global Longlife Hospital is located in Ahmedabad.
Competitive Strengths:
- Constant innovation.
- Technical expertise.
Company Promoters
Mr. Sureshkumar Babulal Jani and Mr. Dhruv Sureshkumar JaniIPO Details
| IPO Opening Date | Apr 21, 2022 |
| IPO Closing Date | Apr 25, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹140 per equity share |
| Market Lot | 1000 Shares |
| Min Order Quantity | 1000 Shares |
| Listing At | BSE SME |
| Issue Size | ₹49.00 Cr |
| Fresh Issue | ₹49.00 Cr |
| Offer for Sale | - |
| Retail Portion | 50% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 0.13x | 0.16x | 0.14x | |
| Day 2 | - | - | 0.62x | 0.71x | 0.67x | |
| Day 3 | - | - | 1.60x | 1.40x | 1.50x |
IPO Tentative Timetable
The Global Longlife Hospital and Research Limited IPO open date is Apr 21, 2022, and the close date is Apr 25, 2022. The issue may list on May 05, 2022.
| IPO Open Date | Apr 21, 2022 |
| IPO Close Date | Apr 25, 2022 |
| Basis of Allotment Date | Apr 29, 2022 |
| Initiation of Refunds | May 02, 2022 |
| Credit of Shares to Demat Account | May 04, 2022 |
| IPO Listing Date | May 05, 2022 |
IPO Lot Size
The Global Longlife Hospital and Research Limited IPO market lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹140000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1000 | ₹140000 |
| Maximum | 1 | 1000 | ₹140000 |
IPO Promoter Holding
| Pre Issue Share Holding | 81.43% |
| Post Issue Share Holding | 54.29% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 3590.39 | 3276.59 | 103.54 |
| 31-Mar-20 | 4191.69 | 3365.66 | -86.24 |
| 31-Mar-19 | 4329.90 | 3469.49 | 136.47 |
Objects of the Issue:
The company proposes to utilize the Net Proceeds from the issue towards the following objects:
- Acquire land on leasehold basis.
- Repayment of Loan.
- General corporate purposes.
Global Longlife Hospital and Research Limited IPO Registrar:
Bigshare Services Pvt Ltd
Global Longlife Hospital and Research Limited IPO Lead Manager(s):
Interactive Financial Services Ltd
Company Contact Information:
Global Longlife Hospital and Research Limited
Global Hospital,
Opp. Auda Garden, Nr. Water Tank,
Bodakdev, Ahmedabad - 380054
