IPO Issue Details
Issue Price / Price Band₹336 per share (Fixed Price)
Face Value₹2 Per Share
Lot Size44 Shares per Lot
Total Issue Size6,56,41,952 shares (aggregating up to ₹2,205.57 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 03 Nov 2022
Subscription CloseMon, 07 Nov 2022
Anchor AllotmentWed, 02 Nov 2022
Basis of AllotmentFri, 11 Nov 2022
Initiation of RefundsMon, 14 Nov 2022
Credit of Shares to DematTue, 15 Nov 2022
Listing DateWed, 16 Nov 2022
UPI Mandate Deadline2022-11-07
Application & Investment Details
Retail — Min (1 Lots)₹14,784 — 44 shares
Retail — Max (13 Lots)₹192,192 (13 Lots)
HNI — Min (14 Lots)₹2,06,976 — 616 shares
P/E Ratio (Pre-IPO)38.36x
Pre-IPO Promoter Holding25,33,03,930 shares
Post-IPO Promoter Holding26,81,84,882 shares
Fresh Issue Shares1,48,80,952 shares (aggregating up to ₹500.00 Cr)
Offer for Sale Shares5,07,61,000 shares of ₹2 (aggregating up to ₹1,705.57 Cr)
About Global Health Ltd.
Global Health Limited is one of the largest private multi-speciality tertiary care providers operating in the North and East regions of India. The company has key specialities in cardiology and cardiac science, neurosciences, oncology, digestive and hepatobiliary sciences, orthopaedics, liver transplant, and kidney and urology.Global Health Limited have a network of four hospitals currently in operation (Gurugram, Indore, Ranchi and Lucknow) under the "Medanta" brand. The company established "The Medanta Institutional Tissue Repository" in 2017 to promote biomarker and other tissue-based research.In Fiscals 2020, 2021 and 2022 and the three months ended June 30, 2021 and 2022, the company generated income from healthcare services of Rs. 14,805.71 million, Rs. 14,178.41 million, Rs. 21,003.95 million, Rs. 4,732.10 million and Rs. 5,960.89 226 million, respectively, and had EBITDA of Rs. 2,304.54 million, Rs. 2,228.52 million, Rs. 4,897.57 million, Rs. 1,057.69 million and Rs. 1,416.46 million, respectively.As of June 30, 2022, the company provide healthcare services in over 30 medical specialities and engage over 1,300 doctors led by experienced department heads, spanning an area of 4.7 million sq. ft., the operational hospitals have 2,467 installed beds.Global Health Limited's hospital at Gurugram was ranked as the best private hospital in India for three consecutive years in 2020, 2021 and 2022, and was the only Indian private hospital to be featured in the list of top 200 global hospitals in 2021 and was featured in the list of top 250 global hospitals in 2022 by NewsweekCompetitive Strengths:Leading tertiary and quaternary care provider in India, well recognised for clinical expertise in particular in dealing with complicated cases.Focus on Clinical Research and Academics.Large-scale hospitals with world-class infrastructure, high-end medical equipment, and technology.Track record of strong operational and financial performance.Focus on under-served areas with dense population and presence in top or capital cities of large states (NCR, Lucknow and Patna).Growth opportunities in existing facilities and diversification into new services, including digital health.Experienced senior management team with strong institutional shareholder support.
Objects of the Issue
Global Health Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Investment in two of our Subsidiaries, GHPPL and MHPL, in the form of debt or equity for repayment/prepayment of borrowings, in full or part, of such Subsidiaries
375.00
2
2 General corporate purposes
101.70
Shareholding & Lock-in
Pre-IPO Promoter Holding
25,33,03,930 shares
Post-IPO Promoter Holding
26,81,84,882 shares
Lock-in Period (30%)December 11, 2022
Lock-in Period (50%)February 9, 2023