GPT Healthcare Limited garners ₹157 crore from anchor investors before IPO
₹157.54 crores from anchor investors ahead of its initial public offering that opens for public subscription on Thursday, February 22, 2024. The company informed the bourses that it allocated 84,69,996 equity shares at ₹186 per share on Wednesday, February 21,2024, to anchor investors. Also read: GPT Healthcare IPO opens tomorrow: GMP, issue details, 10 key things to know before investing in ₹525-crore issue Foreign and Domestic Institutions who participated in the anchor were Kotak Mutal Fund, Axis Mutual Fund, Bandhan Mutual Fund, Aditya Birla Life Insurance, Societe Generale, Duro One Investments Limited, India Capital Growth Fund, Copthall Mauritius, LC Pharos Multi Strategy Fund, Subhkam Ventures and DE Shaw.
Out of the total allocation of 84,69,996 equity shares to the anchor investors, 38,09,760 equity shares were allocated to 3 domestic mutual funds through a total of 7 schemes amounting to ₹70.86 crore (approx.) i.e. 44.98 percent of the total anchor book size. JM Financial Limited is the sole book-running lead manager to the Issueand Link Intime India Private Limited is the registrar of the offer.
The equity shares are proposed to be listed on the BSE and NSE. GPT Healthcare IPO is a book built issue of ₹525.14 crores. The issue is a combination of fresh issue of 0.22 crore shares aggregating to ₹40 crores and offer for sale of 2.61 crore shares aggregating to ₹485.14 crores.
Mid-sized multispecialty hospitals operator will open for subscription on February 22, 2024 and closes on February 26, 2024. GPT Healthcare IPO price band is set at ₹177 to ₹186 per share. Also read: GPT Healthcare IPO: Price band set at ₹177-186 per share; check issue size, key dates, more Investors can bid for a minimum of 80 equity
. Read more on livemint.com
