GPT Healthcare IPO: Proceeds from the contemporary difficulty shall be used for fee of debt and basic company functions.
GPT Healthcare IPO: It operates and manages midsized multispecialty hospitals below the ILS Hospitals model
GPT Healthcare IPO: The Initial Public Offering (IPO) GPT Healthcare Ltd, which operates and manages mid-sized multi-specialty hospitals below the ILS Hospitals model, is about to open on February 22.
The preliminary share sale is scheduled to conclude on February 26.
GPT Healthcare IPO Date
IPO open date: February 22, 2024
IPO shut date: February 26, 2024
The bidding for anchor buyers will open for a day on February 21, in response to the Red Herring Prospectus (RHP).
GPT Healthcare IPO Size
The IPO is a mixture of a contemporary difficulty of fairness shares aggregating to Rs 40 crore, and an Offer For Sale (OFS) of as much as 2.6 crore fairness shares by non-public fairness agency BanyanTree Growth Capital II.
BanyanTree, which holds 2.6 crore shares or 32.64 per cent stake in Kolkata-based GPT Healthcare, is divesting its whole shareholding within the firm.
GPT Healthcare IPO Purpose
Proceeds from the contemporary difficulty shall be used for fee of debt and basic company functions.
About GPT Healthcare
GPT Healthcare, which began with an eight-mattress hospital in Kolkata in 2000, operates 4 full-service multi-specialty hospitals, with a complete capability of 561 beds.
The firm competes with listed business friends, together with Global Health Ltd, Krishna Institute of Medical Sciences Ltd, Jupiter Life Line Hospitals Ltd, Yatharth Hospital & Trauma Care Services Ltd and Shalby Ltd.
Its whole revenue elevated 7.11 per cent to Rs 366.73 crore in FY23 from Rs 342.40 crore in FY22.
The firm’s internet revenue declined to Rs 39.01 crore for FY23 from Rs 41.66 crore a 12 months in the past.
JM Financial is the only real e-book-operating lead supervisor for the problem.
The fairness shares are proposed to be listed on the BSE and the NSE.
(With PTI inputs)
