GPT Healthcare IPO GMP, Price, Date, Allotment

Last updated on March 2, 2024

GPT Healthcare IPO Description – GPT Healthcare operates a chain of mid-sized full-service multispecialty hospitals in Eastern India under the brand name ILS Hospitals. The company provides integrated healthcare services, with a focus on secondary and tertiary care.

As of 30 September 2023, the company operates four full-service multispecialty hospitals with a total capacity of 561 beds. They offer a comprehensive range of healthcare services across more than 35 specialties and super specialties. These include 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.

GPT Healthcare hospitals are located in (i) Salt Lake, Kolkata (West Bengal), (ii) Dum Dum, Kolkata (West Bengal), (iii) Howrah (West Bengal), and (iv) Agartala (Tripura). As of 30 September 2023, the company employed 1,902 individuals, including 91 full-time consultants and 481 visiting consultants.

Promoters of GPT Healthcare – GPT Sons Private Limited, Dwarika Prasad Tantia, Dr Om Tantia, and Shree Gopal Tantia

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GPT Healthcare IPO Details

GPT Healthcare IPO Dates	22 – 26 February 2024
GPT Healthcare Issue Price	INR 177 – 186 per share
Fresh issue	INR 40 crore
Offer For Sale	26,082,786 shares
Total IPO size	INR 525.14 crore
Minimum bid (lot size)	80 shares (INR 14,880)
Face Value	INR 10 per share
Retail Allocation	35%
Listing On	BSE, NSE

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GPT Healthcare Financial Performance

	FY 2021	FY 2022	FY 2023	H1 FY 2024
Revenue	242.75	337.42	361.04	204.18
Expenses	219.98	288.32	310.76	173.05
Net income	21.09	41.66	39.01	23.49
Margin (%)	8.69	12.35	10.80	11.50

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GPT Healthcare Offer News

• GPT Healthcare RHP
• GPT Healthcare DRHP
• GPT Healthcare files prospectus
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Allotment Status

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GPT Healthcare Valuations & Margins

	FY 2021	FY 2022	FY 2023
EPS	2.64	5.21	4.88
PE ratio	–	–	36.27 – 38.11
RONW (%)	15.90	26.54	23.77
NAV	16.60	19.64	20.54
ROCE (%)	14.48	25.04	26.09
EBITDA (%)	22.14	23.02	21.83
Debt/Equity	0.92	0.60	0.39

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GPT Healthcare IPO GMP Today (Daily Trend)

Date	Day-wise IPO GMP	Kostak	Subject to Sauda
28 February 2024	15	–	–
27 February 2024	15	–	–
26 February 2024	10	–	–
24 February 2024	15	–	–
23 February 2024	15	–	–

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GPT Healthcare Offer Objectives

The company proposes to utilize the Net Proceeds towards funding the following objects:

• Purchase of medical equipment – INR 13.21 crore
• General corporate purposes.

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GPT Healthcare IPO Subscription – Live Updates

Category	QIB	NII	Retail	Total
Shares Offered	5,646,664	4,234,999	9,881,664	19,763,327
26 Feb 2024	17.30	11.02	2.44	8.52
23 Feb 2024	0.19	0.79	1.25	0.85
22 Feb 2024	0.00	0.18	0.66	0.37

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GPT Healthcare – Comparison With Listed Peers

Company	PE ratio	EPS	RONW (%)	NAV	Revenue (Cr.)
GPT Healthcare	38.11	4.88	23.77	20.54	361.03
Global Health	61.86	12.57	13.56	89.65	2,694.25
KIMS	45.87	42.03	20.35	206.47	2,197.68
Jupiter Life Line Hospitals	81.85	12.95	19.94	64.70	892.54
Yatharth Hospital	40.01	10.09	36.06	27.84	520.29
Kovai Medical Center	25.31	105.80	16.11	656.65	1,019.75
Shalby	43.96	6.27	1.33	85.54	804.92

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GPT Healthcare IPO Allotment Status

GPT Healthcare IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.

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GPT Healthcare IPO Dates & Listing Performance

IPO Opening Date	22 February 2024
IPO Closing Date	26 February 2024
Finalization of Basis of Allotment	27 February 2024
Initiation of refunds	28 February 2024
Transfer of shares to demat accounts	28 February 2024
GPT Healthcare IPO Listing Date	29 February 2024
Opening Price on NSE	INR 215 per share (up 15.59%)
Closing Price on NSE	INR 200.70 per share (up 7.90%)

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GPT Healthcare IPO Reviews – Subscribe or Avoid?

Angel One –
Anand Rathi –
Axis Capital –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
BP Wealth – Avoid
Capital Market –
Canara Bank Securities – Subscribe
Choice Broking –
Dalal & Broacha –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital – Avoid
Hem Securities – Long term subscribe
ICICIdirect –
Investmentz –
Jainam Broking – Subscribe for listing gains
DR Choksey –
LKP Research –
Marwadi Financial – Subscribe
Mehta Equities – Subscribe with risk
Motilal Oswal –
Nirmal Bang – Subscribe for long term
Reliance Securities –
Religare Broking –
Samco Securities – Avoid
SBI Securities – Subscribe
SMC Global – 2.5/5
Swastika Investmart –
Ventura Securities – Not rated

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GPT Healthcare IPO Lead Manager

JM FINANCIAL LIMITED
7th Floor, Cnergy, Appasaheb Marathe Marg,
Prabhadevi, Mumbai 400 025,
Maharashtra, India
Phone: +91 22 6630 3030
Email: [email protected]
Website: www.jmfl.com

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GPT Healthcare Offer Registrar

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200
Email: [email protected]
Website: www.linkintime.co.in

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GPT Healthcare Contact Details

GPT HEALTHCARE LIMITED
GPT Centre, JC-25,
Sector III, Salt Lake, Kolkata – 700106
Phone: + (91) 33 4050 7000
Email: [email protected]
Website: www.ilshospitals.com

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GPT Healthcare IPO FAQs