GPT Healthcare IPO: From financials to key risks, here are 10 things to know from RHP before investing
₹177 to ₹186 per equity share.' GPT Healthcare IPO is open for subscription and will close on 26 February. The price band of the issue is ₹177 to ₹186 per equity share. The minimum lot size for an application is 80 Shares.
The minimum amount of investment required by retail investors is ₹14,880. The minimum lot size investment for NII is 14 lots (1,120 shares), amounting to ₹208,320, and for NII, it is 68 lots (5,440 shares), amounting to ₹1,011,840. The mid-sized multi-specialty hospital aims to raise 525.14 crore from its public offer out of which only ₹40 crore is expected via the issuance of fresh shares.
The remaining ₹485.14 crore is reserved for the offer for sale (OFS). While proceeds from OFS will not come to the company, the Net Proceeds from fresh issue of shares will be used towards repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company from banks and financial institutions; and General corporate purposes. Also Read- Juniper Hotels IPO: Check out 10 key things to know from RHP before investing to ₹1,800-crore issue GPT Healthcare, founded by Dwarika Prasad Tantia, Dr Om Tantia and Shree Gopal Tantia started with a 8 bed hospital at Salt Lake, Kolkata in 2000.
Today it operates four full service multispecialty hospitals, with a total capacity of 561 beds and attends to over 35 specialties and super specialties such as internal medicine, diabetology, gastroenterology, orthopedics and joint replacements,interventional cardiology, neurology, neurology, neurosurgery, pediatrics and neonatology. It also offers integrated diagnostic services and pharmacies. GPT Healthcare's hospitals are located in four location, namely Kolkata (West Bengal) ,
. Read more on livemint.com
