IPO Issue Details
Issue Price / Price Band₹186 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size80 Shares per Lot
Total Issue Size2,82,33,323 shares (aggregating up to ₹525.14 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 22 Feb 2024
Subscription CloseMon, 26 Feb 2024
Anchor AllotmentWed, 21 Feb 2024
Basis of AllotmentTue, 27 Feb 2024
Initiation of RefundsWed, 28 Feb 2024
Credit of Shares to DematWed, 28 Feb 2024
Listing DateThu, 29 Feb 2024
UPI Mandate Deadline2024-02-26
Application & Investment Details
Retail — Min (1 Lots)₹14,880 — 80 shares
Retail — Max (13 Lots)₹193,440 (13 Lots)
HNI — Min (68 Lots)₹10,11,840 — 5,440 shares
EPS (Pre-IPO)₹4.88
EPS (Post-IPO)₹0.00
P/E Ratio (Pre-IPO)38.1x
P/E Ratio (Post-IPO)32.49x
Pre-IPO Promoter Holding7,99,04,286 shares
Post-IPO Promoter Holding8,20,54,823 shares
Fresh Issue Shares21,50,537 shares (aggregating up to ₹40.00 Cr)
Offer for Sale Shares2,60,82,786 shares of ₹10 (aggregating up to ₹485.14 Cr)
About GPT Healthcare Ltd.
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, namelySalt 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 HDUsDum Dum, Kolkata (West Bengal) with a capacity of 155 beds, including 53 beds in various ICUs and HDUs as of June 30, 2023Howrah (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.
Objects of the Issue
GPT Healthcare Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
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
2
General corporate purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding
7,99,04,286 shares
Post-IPO Promoter Holding
8,20,54,823 shares
Lock-in Period (30%)March 28, 2024
Lock-in Period (50%)May 27, 2024