GPT Healthcare IPO Date, Review, Price, Allotment Details

GPT Healthcare IPO Details: GPT Healthcare IPO date is fixed, the IPO is to hit the market on February 22 and will close on February 26. GPT Healthcare IPO to raise around ₹525.14 crores via IPO that comprises fresh issue of ₹40 crores and offer for sale up to 485.14 crores of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
GPT Healthcare IPO

Table of Contents

GPT Healthcare is one of the key regional corporate healthcare companies in Eastern India in terms of several beds and hospitals as of Fiscal Year 2023. (STheirce: CRISIL Report) They operate a chain of mid-sized full-service multispecialty hospitals in Eastern India under the brand and provide integrated healthcare services, with a focus on secondary and tertiary care. As of June 30, 2023, they operate their full-service multispecialty hospitals, with a total capacity of 561 beds.

They offer a comprehensive range of healthcare services across over 35 specialties and super specialties, including internal medicine and diabetology, nephrology (including renal transplants), laparoscopic and general surgery, gynecology and obstetrics, critical care, gastroenterology, orthopedics and joint replacements, interventional cardiology, neurology, neurosurgery, pediatrics, and neonatology. Each of their hospitals also provides integrated diagnostic services and pharmacies that cater to their patients. They strategically focus on the relatively under-penetrated healthcare market in Eastern India where they have a presence in three cities which they believe has provided us an understanding of regional nuances, patient culture, and the mindset of medical professionals and where there is under-penetration of quality and affordable healthcare services.

Their hospitals in West Bengal are strategically located in the densely populated cities of Kolkata (West Bengal) and Howrah(West Bengal), which enables us to be more easily accessible to patients and their attendants for medical requirements. As of June 30, 2023, their capital cost per bed was around ₹ 5.37 million per bed (including land costs), which included two hospitals in a tier-1 city, one hospital in a tier-II city, and one in a tier-III city, compared to the industry average (excluding land costs) of above ₹10.00 million per bed in tier-I cities, ₹ 5.00 million to ₹ 8.00 million per bed in tier-II cities and ₹ 2.5 million to ₹ 5.00 million per bed in tier-III cities, for tertiary care hospitals.

GPT Healthcare has been accredited with certificates and achievements by various domestic and international agencies, which they believe is a testament to the medical services that they provide. Their hospitals at Dum Dum, Kolkata (West Bengal), and Agartala (Tripura) have been accredited by the NABH for complying with NABH standards for hospitals. Their Dum Dum Hospital has also been accredited by NABL for complying with ISO 15189:2012 standards in the field of medical testing.

Their Agartala Hospital is also the only NABH-accredited hospital in Agartala and one among 11 valid accredited hospitals in North-East India as of October 2023. (STheirce: CRISIL Report) Their Agartala Hospital has also been accredited by NABL. The Department of Minimal Access Surgery at Salt Lake Hospital is provisionally accredited by the National Board of Examinations for training of post-graduate surgeons under the Fellowship of National Board in Minimal Access Surgery. Their Salt Lake Hospital has been recognized as a ‘Center of Excellence in Metabolic and Bariatric Surgery’ since the year 2016, by Surgical Review Corporation, USA.

Objects of the Issue

  • Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company from banks and financial institutions
  • General corporate purposes

GPT Healthcare IPO Review (Apply or Not)

  • May Apply

GPT Healthcare IPO Date & Price Band Details

IPO Open:February 22, 2024
IPO Close:February 26, 2024
IPO Size:Approx ₹525.14 Crores
Fresh Issue:Approx ₹40 Crores
Offer for Sale:Approx ₹485.14 Crores
Face Value:₹10 Per Equity Share
IPO Price Band:₹177 to ₹186 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

GPT Healthcare IPO Market Lot

The GPT Healthcare IPO minimum market lot is 80 shares with ₹14,880 application amount. The retail investors can apply up-to 13 lots with 1,080 shares or ₹193,440 amount.

ApplicationLot SizeSharesAmount
Retail Minimum180₹14,880
Retail Maximum131,040₹193,440
S-HNI Minimum141,120₹208,320
B-HNI Minimum685,440₹1,011,840

GPT Healthcare IPO Allotment & Listing Dates

The GPT Healthcare IPO date is February 22, 2024 and the close date is February 26, 2024. The GPT Healthcare IPO allotment will be finalized on February 27, 2024 and the IPO listing on February 29, 2024.

Anchor Investors Allotment:February 21, 2024
IPO Open Date:February 22, 2024
IPO Close Date:February 26, 2024
Basis of Allotment:February 27, 2024
Refunds:February 28, 2024
Credit to Demat Account:February 28, 2024
IPO Listing Date:February 29, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

GPT Healthcare IPO Form

How to apply for the GPT Healthcare IPO? You can apply for GPT Healthcare IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the GPT Healthcare IPO in the Invest section. The other option is you can apply for GPT Healthcare IPO via IPO forms downloaded via NSE and BSE. Check out the GPT Healthcare forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

GPT Healthcare Company Financial Report

  ₹ in Crores
Sep 2023₹206.70₹173.05₹23.27

GPT Healthcare IPO Valuation – FY2023

Check GPT Healthcare IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹4.88 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):23.77%
Net Asset Value (NAV):₹20.54 per Equity Share

Peer Group

  • Global Health Limited
  • Krishna Institute of Medical Sciences Limited
  • Jupiter Life Line Hospitals Limited
  • Yatharth Hospital & Trauma Care Services Limited
  • Kovai Medical Center & Hospital Limited
  • Shalby Limited

Company Promoters

  • Dwarika Prasad Tantia
  • Dr. Om Tantia
  • Shree Gopal Tantia

GPT Healthcare IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]

GPT Healthcare IPO Allotment Status Check

Check GPT Healthcare IPO allotment status on Linkintime website allotment URL. Click Here

GPT Healthcare IPO Lead Managers aka Merchant Bankers

  • JM Financial Limited

Company Address

GPT Healthcare Limited
GPT Centre, JC-25,
Sector III, Salt Lake, Kolkata – 700106
Phone: + (91) 33 4050 7000
Email: [email protected]

GPT Healthcare IPO FAQs

What is GPT Healthcare IPO?

GPT Healthcare IPO is a main-board IPO. They are going to raise ₹525.14 Crores via IPO. The issue is priced at ₹177 to ₹186 pr equity share. The IPO is to be listed on BSE & NSE.

When GPT Healthcare IPO will open?

The IPO is to open on February 2024 for QIB, NII, and Retail Investors.

What is GPT Healthcare IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the GPT Healthcare IPO?

You can apply for GPT Healthcare IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the GPT Healthcare IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “GPT Healthcare”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the GPT Healthcare IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “GPT Healthcare”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the GPT Healthcare IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “GPT Healthcare”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is GPT Healthcare IPO Size?

GPT Healthcare IPO size is ₹525.14 crores.

What is GPT Healthcare IPO Price Band?

GPT Healthcare IPO Price Band is ₹177 to ₹186.

What is the GPT Healthcare IPO Allotment Date?

GPT Healthcare IPO allotment date is February 27,2024.

What is the GPT Healthcare IPO Listing Date?

GPT Healthcare IPO listing date is February 29,2024. The IPO is to list on BSE and NSE.

Note: The GPT Healthcare IPO price band and date are officially announced. The IPO grey market premium (GPT Healthcare IPO Premium) will be added to the IPO grey market page as it will start).

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