GPT Healthcare IPO Subscription Status, GMP, Other Details

GPT Healthcare IPO opened for bidding today. The GPT Healthcare IPO has set a price band of ₹177-186 per share to raise around ₹525 crore. Investors will have the option to bid for shares in lots of 80, with multiples thereafter.

GPT Healthcare IPO Subscription Status

As of 11:12 am on the first day of bidding, the GPT Healthcare IPO was subscribed 0.13 times. The retail category has seen a subscription of 0.25 times, while the Non-Institutional Investors saw a subscription of 0.04 times. As the numbers suggest the GPT Healthcare IPO is off to a slow start.

In terms of allocation, 50% of the issue will be available to qualified institutional buyers (QIBs) on a proportionate basis, while non-institutional bidders (NIIs) will have access to 15%, and retail investors will have access to 35%.

GPT Healthcare IPO Details

Before the IPO opening, GPT Healthcare secured ₹157 crore from anchor investors, which included notable names like Kotak Mutual Fund, Axis Mutual Fund, DE Shaw, and Societe Generale, among others.

The fresh capital raised through the IPO will primarily be utilized for prepayment or repayment of certain outstanding borrowings and general corporate purposes.

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GPT Healthcare IPO GMP

Currently, there are no details about the GPT Healthcare IPO GMP in the unlisted market.

GPT Healthcare Company Details

GPT Healthcare currently operates four full-service multispecialty hospitals, collectively offering 561 beds and providing services across more than 35 specialities and super specialities. The hospital’s specialities include internal medicine, diabetology, gastroenterology, orthopaedics, interventional cardiology, neurology, neurosurgery, paediatrics, and neonatology.

Looking ahead, the company aims to enhance its existing hospitals by optimizing its speciality mix, strengthening expertise in select specialities, and introducing new specialities and services to better cater to patient needs.

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