GPT Healthcare Limited IPO Detail
Incorporated in 1989, 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.
Company Promoters
GPT Sons Private Limited, Dwarika Prasad Tantia, Dr. Om Tantia, and Shree Gopal TantiaIPO Details
IPO Opening Date | Feb 22, 2024 |
IPO Closing Date | Feb 26, 2024 |
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹177 - 186 per equity share |
Market Lot | 80 Shares |
Min Order Quantity | 80 Shares |
Listing At | BSE, NSE |
Issue Size | ₹525.14 Cr |
Fresh Issue | ₹40.00 Cr |
Offer for Sale | ₹485.14 Cr |
Retail Portion | 35% |
IPO Subscription (Bidding Detail)
AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
---|---|---|---|---|---|---|
Day 1 | 0.00x | - | - | 0.18x | 0.68x | 0.38x |
Day 2 | 0.19x | - | - | 0.80x | 1.26x | 0.85x |
Day 3 | 17.30x | - | - | 11.02x | 2.44x | 8.52x |
IPO Tentative Timetable
The GPT Healthcare Limited IPO open date is Feb 22, 2024, and the close date is Feb 26, 2024. The issue may list on Feb 29, 2024.
IPO Open Date | Feb 22, 2024 |
IPO Close Date | Feb 26, 2024 |
Basis of Allotment Date | Feb 27, 2024 |
Initiation of Refunds | Feb 28, 2024 |
Credit of Shares to Demat Account | Feb 28, 2024 |
IPO Listing Date | Feb 29, 2024 |
IPO Lot Size
The GPT Healthcare Limited IPO market lot size is 80 shares. A retail-individual investor can apply for up to 13 lots (1040 shares or ₹193440).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 80 | ₹14880 |
Maximum | 13 | 1040 | ₹193440 |
IPO Promoter Holding
Pre Issue Share Holding | 67.34% |
Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Cr.)
Financial Year | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
31-Mar-21 | 317.21 | 248.86 | 21.09 |
31-Mar-22 | 323.22 | 342.40 | 41.66 |
31-Mar-23 | 326.76 | 366.73 | 39.01 |
30-Sep-23 | 332.09 | 206.70 | 9.98 |
Objects of the Issue:
The company proposes to utilize the Net Proceeds towards funding the following objects:
- 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 Limited IPO Registrar:
Link Intime India Private Ltd
GPT Healthcare Limited IPO Lead Manager(s):
Jm Financial Limited
Company Contact Information:
GPT Healthcare Limited
GPT Centre, JC-25,
Sector III, Salt Lake,
Kolkata – 700106