GPT Healthcare IPO will open for subscription from 22 February 2024. The company aims for an issue size of ₹525.14 Cr through this IPO.
Company Overview
| Full name | GPT Healthcare Limited |
| Sector | Healthcare |
| Industry | Hospital & Healthcare Services |
| Company Website | https://www.gptgroup.co.in/gpt-healthcare/ |
About Company
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.
The Objectives of the Issue
- GPT Sons Private Limited
- Dwarika Prasad Tantia
- Dr. Om Tantia
- Shree Gopal Tantia
GPT Healthcare IPO Timetable
| IPO Opening date | 22 February 2024 |
| IPO Closing | 26 February 2024 |
| Basis of Allotment | 27 February 2024 |
| Initiation Refund | 28 February 2024 |
| Credit to Demat Account | 28 February 2024 |
| Listing Date | 29 February 2024 |
GPT Healthcare IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹525.14 Cr – 28,233,323 shares |
| Fresh Issue | ₹40 Cr – 2,150,537 shares |
| Offer for sale | ₹485.14 Cr – 26,082,786 shares |
| Face value | ₹10 per share |
| Price Band | ₹177 to ₹186 per share |
| Lot size | 80 Shares |
| Shareholding pre-issue | 79,904,286 |
| Shareholding post-issue | 82,054,823 |
| Listing Exchange | BSE & NSE |
GPT Healthcare IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 80 | ₹14,880 |
| Retail (Max) | 13 | 1040 | ₹193,440 |
| S-HNI (Min) | 14 | 1,120 | ₹208,320 |
| S-HNI (Max) | 67 | 5,360 | ₹996,960 |
| B-HNI (Min) | 68 | 5,440 | ₹1,011,840 |
GPT Healthcare IPO Reservation Details
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
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 |
GPT Healthcare Valuations & Margins
| | FY 2021 | FY 2022 | FY 2023 |
| EPS | 2.64 | 5.21 | 4.88 |
| PE ratio | – | – | – |
| 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 |
Company Promoters
- GPT Sons Private Limited
- Dwarika Prasad Tantia
- Dr. Om Tantia
- Shree Gopal Tantia
Promoter Holding
| Pre Issue Share Holding | 67.34% |
| Post Issue Share Holding |
GPT Healthcare IPO Lead Manager(s)
JM FINANCIAL LIMITED
7th Floor, Cnergy, Appasaheb Marathe Marg,
Prabhadevi, Mumbai 400 025,
Maharashtra, India
Phone: +91 22 6630 3030
Email: gpt.ipo@jmfl.com
Website: www.jmfl.com
GPT Healthcare 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: gpthealthcare.ipo@linkintime.co.in
Website: www.linkintime.co.in
Company Contact Details
GPT HEALTHCARE LIMITED
GPT Centre, JC-25,
Sector III, Salt Lake, Kolkata – 700106
Phone: + (91) 33 4050 7000
Email: ghl.cosec@gptgroup.co.in
Website: www.ilshospitals.com
GPT Healthcare IPO Allotment Status
GPT Healthcare IPO allotment status will be available on Link Intime’s website. Click on this link to get allotment status.
Final thoughts
GPT Healthcare IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
