GPT Healthcare IPO is planning to raise ₹525.14 Crores through its IPO, consisting of 0.22 crore shares as a fresh issue (worth Rs 40.00 crore) and 2.61 crore shares as an offer for sale (worth Rs 485.14 crore).
Subscription opened on 22 February 2024 and closed on 26 February 2024. The allotment result is expected on Tuesday, 27 February 2024. The listing date on BSE and NSE is scheduled for Thursday, 29 February 2024.
The GPT Healthcare IPO share prices are set in the range of ₹177 to ₹186 per share.Retail investors need a minimum investment of ₹14,880 for a lot size of 80 shares. For sNII, the minimum lot size investment is 14 lots (1,120 shares), totaling ₹208,320, while for bNII, it is 68 lots (5,440 shares), amounting to ₹1,011,840.
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IPO GMP
Today, the Gray Market Premium (GMP) for GPT Healthcare IPO is ₹9. After the allotment is announced, you can check your status on the website: https://linkintime.co.in/initial_offer/public-issues.html.
For more information about the GMP of the GPT Healthcare IPO, please read our blog here.
IPO Details
| Date | 22 Feb 2024 to 26 Feb 2024 |
| Listing Date | 29 Feb 2024 |
| Price Band | ₹177 to ₹186 / share |
| Lot Size | 80 Shares |
| Total Issue Size | 28,233,323 shares (around ₹525.14 Cr) |
| Fresh Issue | 2,150,537 shares (around ₹40.00 Cr) |
| Offer for Sale | 26,082,786 shares of ₹10 each (around ₹485.14 Cr) |
| Share holding pre issue | 79,904,286 |
| Share holding post issue | 82,054,823 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 80 | ₹14,880 |
| Retail (Max) | 13 | 1040 | ₹193,440 |
| S-HNI (Min) | 14 | 1120 | ₹208,320 |
| S-HNI (Max) | 67 | 5360 | ₹996,960 |
| B-HNI (Min) | 68 | 5440 | ₹1,011,840 |
IPO Anchor Investors Details
GPT Healthcare IPO secures ₹157.54 Cr. from anchor investors. Anchor bidding took place on February 21, 2024. For List of Anchor Investors Click here
| Bid Date | 21 Feb 2024 |
| Shares Offered | 8,469,996 |
| Anchor Portion Size | 157.54 Cr. |
| End of Lock-in Period: 50% Shares (30 Days) | 28 Mar 2024 |
| End of Lock-in Period: Remaining Shares (90 Days) | 27 May 2024 |
IPO Timeline
| IPO Open Date | 22 Feb 2024 |
| IPO Close Date | 26 Feb 2024 |
| Basis of Allotment | 27 Feb 2024 |
| Initiation of Refunds | 28 Feb 2024 |
| Credit of Shares to Demat | 28 Feb 2024 |
| Listing Date | 29 Feb 2024 |
| Cut-off time for UPI mandate | 26 Feb 2024 (5 PM) |
IPO Reservation Quota
| Investor Type | Shares Offered (%) |
|---|---|
| Anchor Investor Quota | 30.00% |
| QIB Quota | 20.00% |
| NII Quota | 15.00% |
| bNII > ₹10L | 10.00% |
| sNII < ₹10L | 5.00% |
| Retail Quota | 35.00% |
| Total Shares | 100% |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 23.59% |
| ROCE | 26.09% |
| Debt/Equity | 0.39 |
| RoNW | 23.77% |
| P/BV | 9.06 |
IPO Financial Information ( Value in ₹ Cr. )
| Period Ended | Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 332.09 | 326.76 | 323.22 | 317.21 |
| Revenue | 206.70 | 366.73 | 342.40 | 248.86 |
| Profit After Tax | 23.49 | 39.01 | 41.66 | 21.09 |
| Net Worth | 171.43 | 164.14 | 156.96 | 132.68 |
| Reserves and Surplus | 92.75 | 85.46 | 78.28 | 75.96 |
| Total Borrowing | 55.57 | 64.67 | 95.52 | 122.93 |
IPO Objectives
The company plans to use the money raised for:
- Paying back some of the loans it took from banks and financial institutions.
- Covering general corporate needs.
FAQs
Today, the Gray Market Premium for IPO is ₹16.
The expected return for the IPO today is 8.06%.
The start date for applying to the IPO is 22 February 2024.
The end date for applying to the IPO is 26 February 2024.
The allotment date for the IPO is 27 February 2024.
The listing date for the IPO is 29 February 2024.
You can check the allotment status at https://linkintime.co.in/initial_offer/public-issues.html.