How To Check GPT Healthcare IPO Allotment Status

GPT Healthcare IPO closed for bidding today. The GPT Healthcare IPO allotment status is set to be finalised today.

If you applied for the IPO, here is how you can check the GPT Healthcare IPO allotment status.

Checking IPO Allotment Status on Registrar's Website:

Follow these steps to check the GPT Healthcare IPO allotment status

  1. Visit the registrar's website.
  2. Click on "Select IPO" and choose "GPT Healthcare" from the dropdown menu.
  3. Then you can enter your PAN, application number, or Demat.
  4. Enter the captcha and click Submit to retrieve the GPT Healthcare IPO allotment status

Checking IPO Allotment Status on BSE:

  1. Go to the BSE website.
  2. Click on the ‘Equity' section and select "GPT Healthcare" from the dropdown menu.
  3. Enter your application number or PAN.
  4. Click on the ‘Search' button.
  5. The result will show the number of shares allotted to you.

If all the details are entered correctly and the allotment has been finalised, the GPT Healthcare IPO allotment status will be visible

GPT Healthcare IPO Subscription Status

On the final day of bidding, GPT Healthcare IPO saw subscriptions reach 8.52 times overall, fueled by significant interest from both qualified institutional bidders (QIBs) and non-institutional investors (NIIs). The QIB quota was oversubscribed by 17.30 times, while the NII quota saw a subscription of 11.02 times. Retail investors also showed interest, with their quota being subscribed 2.44 times during the three-day bidding process.

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%.

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GPT Healthcare IPO Details

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. 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.

GPT Healthcare IPO GMP

In the unlisted market, the GPT Healthcare IPO GMP witnessed a mild recovery. Recent reports indicate that the company is commanding a premium of ₹14 per share, suggesting a modest listing gain of around 7.5% for investors. This marks a slight improvement from the ₹9 reported on Sunday.

GPT Healthcare Company Details

GPT Healthcare presently operates four full-service multispecialty hospitals, collectively boasting a capacity of 561 beds. These hospitals offer comprehensive medical services across more than 35 specialities and super specialities. Notable specialities include internal medicine, diabetology, gastroenterology, orthopaedics, interventional cardiology, neurology, neurosurgery, paediatrics, and neonatology.

Moving forward, the company has outlined strategic initiatives to further elevate its hospitals’ capabilities. This includes optimizing the speciality mix to align with patient demand, strengthening expertise in key specialities, and introducing new specialities and services.

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Posted In: NewsIPOsGPT Healthcare