Global Health aka Medanta IPO subscription status started on Thursday, November 3, 2022 and will close on November 7, 2022. Global Health IPO to raise around ₹2,206 crores via IPO. The retail quota is 35%, QIB is 50%, and HNI is 15%. The price band is fixed at ₹319 to ₹336 per equity share. The IPO to list on BSE and NSE.
Global Health Limited operates and manages Medanta Hospitals. They are one of the largest private multi-specialty tertiary care providers operating in the North and East regions of India. They have 4 hospitals in operation (Gurugram, Indore, Ranchi, and Lucknow) under the “Medanta” brand.
IPO Subscription Update
- Day 1: General Health IPO Subscribed 0.26 times overall in that QIB 0.54 times, NII 0.18 times and Retail 0.12 times.
- Day 2: General Health IPO Subscribed 0.49 times overall in that QIB 0.56 times, NII 0.96 times and Retail 0.25 times.
- Day 3: General Health IPO Subscribed 9.58 times overall in that QIB 28.64 times, NII 4.02 times and Retail 0.88 times.
IPOWatch View
We recommend investors may apply an IPO with Neutral View. Investors should also look at the QIB, NII, and Retail numbers before investing. You can check the Global Health IPO allotment status here.
Global Health IPO Subscription Status – Final Data
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.54 | 0.56 | 28.64 |
| NII | 0.18 | 0.96 | 4.02 |
| RII | 0.12 | 0.25 | 0.88 |
| Total | 0.26 | 0.49 | 9.58 |
Global Health IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Global Health IPO Review
- Neutral
Global Health IPO Date & Price Band
| IPO Open: | November 3, 2022 |
| IPO Close: | November 7, 2022 |
| IPO Size: | Approx ₹2,206 Crores |
| Fresh Issue: | Approx ₹500 Crores |
| Offer for Sale: | Approx 50,761,000 Equity Shares |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹319 to ₹336 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
Global Health IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 44 | ₹14,784 |
| Retail Maximum | 13 | 572 | ₹192,192 |
| S-HNI Minimum | 14 | 616 | ₹206,976 |
| B-HNI Minimum | 68 | 2,992 | ₹1,005,312 |
Global Health IPO Subscription Dates
| Price Band Announcement: | October 28,2022 |
| Anchor Investors Allotment: | November 2, 2022 |
| IPO Open Date: | November 3, 2022 |
| IPO Close Date: | November 7, 2022 |
| Basis of Allotment: | November 11, 2022 |
| Refunds: | November 14, 2022 |
| Credit to Demat Account: | November 15, 2022 |
| Global Health IPO Listing Date: | November 16, 2022 |
Global Health IPO Form
How to apply for the Global Health IPO? You can apply for Global Health IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Global Health IPO in the Invest section. The other option is you can apply for Global Health IPO via IPO forms downloaded via BSE and NSE. Check out the Global Health forms – Click BSE and NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
