GPT Healthcare IPO Date, Review, GMP, Price Details

GPT Healthcare IPO, after filing its DRHP with market regulators SEBI last August, gets SEBI approval to raise up to ₹500 Cr through an initial share sale. The IPO comprises a fresh issue of equity shares worth 17.5 Cr and an Offer For Sale (OFS) of up to 2.98 crore equity shares by a promoter entity and an investor.

Established in 2000, GPT Healthcare started its operations with a hospital in Salt Lake, Kolkata. Currently, it operates 3 hospitals under the ILS Hospital brand in West Bengal and 1 in Tripura as well. The hospital chain comprises more than 550 beds. The hospital offers 35 specialty and super specialty healthcare services along with integrated diagnostic services.

Currently, GPT Sons hold a 67.34 percent stake in GPT Healthcare, and BanyanTree Growth Capital II, LLC holds a 32.66 percent stake in the company.

GPT Healthcare IPO

5 Key things about GPT Healthcare

  • The first hospital started its operation in Kolkata with a capacity of 8 beds has now more than 85 beds.
  • The second hospital was set up in 2011 in Tripura, Agartala has a capacity of 205 beds.
  • The hospital in Dum Dum, inaugurated in 2013 has a bed capacity of 150 beds and is also authorized to perform renal transplants.
  • The hospital in Howrah started in 2019 is now filled with 116 beds.
  • Recently, the company signed an MoU and long-term lease agreement for a hospital with 140 beds in Ranchi with an investment of Rs 50 crore. The hospital in Ranchi is expected to start its operations in 2025.

Objectives of GPT Healthcare IPO

Funds from the net proceeds of fresh issue of shares will be used for the purchase of medical equipment and general corporate purposes.

GPT Healthcare IPO Promoters

  • GPT Sons.
  • Dwarika Prasad Tantia holding.
  • Om Tantia.
  • Shree Gopal Tantia.

Company Financials

Particulars (In Cr)

FY21

FY20

FY19

Revenue 

242.75

211.84

171.87

PAT

21.09

10.95

14.95

EPS

2.64

1.37

1.87

GPT Healthcare IPO Details

IPO DETAILS GPT Healthcare
Issue Period Opening Date: xx-xx-2022
Closing Date:   xx-xx- 2022
Price Band ₹ – ₹ per equity share
Issue Size ₹500 CR
Face Value ₹- per equity share
Issue Type Book built issue
Fresh Issue [.] Eq Shares of ₹- face value
(aggregating up to ₹17.5 Cr)
Offer for sale 2.98 Eq Shares of ₹- face value
(aggregating up to ₹[.] Cr)
Listing NSE and BSE
Registrar

GPT Healthcare IPO Timeline

GPT Healthcare IPO issue date, issue price, allotment date, and the listing date, and all the details will be announced soon.

IPO Opens To be announced
IPO Ends To be announced
Allotment Begins To be announced
Refund Initiation To be announced
Allotment Date To be announced
Listing Date To be announced

GPT Healthcare IPO Lot Size (Retail Individual Investors)

The lot size of GPT Healthcare IPO will be disclosed soon.

Applications Lots Shares Amount(Cut-off)
Minimum
Maximum

GPT Healthcare IPO Review

GPT Healthcare IPO, with its base in Kolkata, is a well-positioned hospital chain. It has many healthcare delivery centers and serves across various economic segments. It has made its mark during the pandemic period with a customer-friendly approach.

GPT Healthcare IPO GMP

GPT Healthcare IPO has not yet started trading in the grey market. We will update the GMP once it starts trading in the grey market.

Check here for GPT Healthcare IPO GMP updates.

GPT Healthcare Book Running Lead Manager(s)

  • DAM Capital.
  • SBI Capital Markets.

Company Contact Details

JC 25, Sector-III,
Salt Lake,
Kolkata- 700098
Tel : +91-33-4050-7000
E-Mail: info@gptgroup.co.in

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