This article delves into comprehensive details regarding the GPT Healthcare Limited IPO: Check IPO Date, Lot Size, Price and more. We’ll delve into the company’s financial metrics, past performance, and conduct a thorough analysis to gauge potential future growth. Ultimately, we’ll offer our insight on whether it’s advisable to consider applying for the IPO.
Table of Contents
Company Details
Founded in 1989, GPT Healthcare Limited operates a network of mid-sized, multi-specialty hospitals in Eastern India under the ILS Hospitals brand, emphasizing integrated healthcare services with a focus on secondary and tertiary care. Headquartered in Kolkata, West Bengal, the company provides a diverse range of healthcare services across 35 specialties and super-specialties.
These include internal medicine, diabetology, nephrology (including kidney transplant), laparoscopic and general surgery, gynaecology and obstetrics, intensive care, gastroenterology, orthopaedics and joint replacement, interventional cardiology, neurology, neurosurgery, paediatrics, neonatology, along with integrated diagnostic services and pharmacies.
IPO Details
Issue Size: ₹525.14 Crores (Combination of fresh issue of 0.22 crore shares aggregating to ₹40.00 Crores and offer for sale of 2.61 crore shares aggregating to ₹485.14 Crores)
Type Of IPO: Book Built
Type: Fixed price issue
Subscription Period: February 22, 2024, to February 26, 2024
Allotment Date: Expected on Tuesday, February 27, 2024
Listing Date: Tentatively on BSE, NSE on Thursday, February 29, 2024
Price Band: ₹177 to ₹186 per share
Minimum Lot Size: 80 Shares
Retail Investor Minimum Investment: ₹14,880
sNII Minimum Lot Size Investment: 14 lots (1,120 shares), amounting to ₹208,320
bNII Minimum Lot Size Investment: 68 lots (5,440 shares), amounting to ₹1,011,840
IPO Date
February 22, 2024 to February 26, 2024
Issue Size
₹525.14 Crores
Lot Size
80 Shares
Price Range
₹177 to ₹186 per share
Issue Type
100% book building
Cut-off time for UPI Mandate Confirmation
26 Feb 2024 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding.
Lot Size
Application
Lots
Shares
Price
Retail(min)
1
80
₹14,880
Retail (max)
13
1040
₹193,440
s-HNI (min)
14
1,120
₹208,320
s-HNI (max)
67
5,360
₹996,960
B-HNI (min)
68
5,440
₹1,011,840
Important Dates
IPO opening date
Thursday, February 22, 2024
IPO closing date
Friday, February 26, 2024
Basis of allotment
Monday, February 27, 2024
Initiation of Refunds
Tuesday, February 28, 2024
Credit of Shares to Demat
Tuesday, February 28, 2024
Listing Date
Wednesday, February 29, 2024
Financial Performance
Period
Total Assets
Total Revenue
Profit After Tax
31 Sep 23(half year)
332.09
206.70
23.49
31 Mar 23
326.76
366.73
39.01
31 Mar 22
323.22
342.40
41.66
31 Mar 21
317.21
248.86
21.09
amount in Crores (₹)
Financial Ratios
PE
38.1
ROE
23.59%
ROCE
26.09%
Debt/Equity
0.39
EPS (Rs)
4.88
Apply Or Avoid
Might Apply only for listing gains . However, it’s important to note that while the company has maintained consistent profitability over the years, its growth trajectory appears stagnant.
