IPO Details
Bidding Dates
22 Feb 24 - 26 Feb 24
Price Range ₹
177 - 186
Total Equity
₹ 525.14Cr
Lot Size
80
Exchange Status
BSE,NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
2.44×
Qualified Institutional Buyers
17.30×
Employees
0.00×
Retail Investors
2.44×
Total subscription Rate
8.52×
IPO Timeline
Offer start
22 Feb 2024
Offer end
26 Feb 2024
Allotment
27 Feb 2024
Refund initiation
28 Feb 2024
Demat transfer
28 Feb 2024
Listing
29 Feb 2024
Offer start
22 Feb 2024
Offer end
26 Feb 2024
Allotment
27 Feb 2024
Refund initiation
28 Feb 2024
Demat transfer
28 Feb 2024
Listing
29 Feb 2024
About Company
Incorporated in 1989, GPT Healthcare Limited operates a chain of mid-sized, multi-specialty, full-service hospitals in Eastern India under the ILS Hospitals brand, providing integrated healthcare services focusing on secondary and tertiary care. Based in Kolkata, West Bengal, the company offers a range of healthcare services in over 35 specialties and super-specialties, including internal medicine and diabetology, nephrology (including kidney transplant), laparoscopic and general surgery, gynaecology and obstetrics, intensive care, gastroenterology, orthopaedics and joint replacement, interventional cardiology, neurology, neurosurgery, paediatrics, and neonatology. It also offers integrated diagnostic services and pharmacies.
Year Founded
17-08-1989
Promotor Details
Dwarika Prasad Tantia
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 67.34 | 65.57 |
| Share Capital | 53806500 | 53806500 |
Offer to Public
2,82,33,323.00 Cr
Project Details
- General corporate purposes - 75.21cr
- Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings - 300cr
Objectives
- Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company from banks and financial institutions
- andGeneral corporate purposes
Highlights
- GPT Healthcare offers a wide array of services covering over 35 specialties and super-specialties, ensuring that patients receive comprehensive care under one roof.
- The inclusion of integrated diagnostic services allows for swift and accurate diagnosis, facilitating timely treatment and care.
- By strategically siting hospitals in key cities across Eastern India, GPT Healthcare ensures accessibility to a larger population, enhancing its reach and impact.
- With a substantial number of full-time and visiting consultants, as well as employees, the company boasts a skilled workforce capable of delivering high-quality healthcare services.
- The presence of beds in various ICUs and HDUs demonstrates the company's commitment to providing critical care services, catering to patients with severe medical conditions.
Challenges
- Maintaining multiple hospitals with comprehensive services can incur significant operational expenses, potentially impacting profitability.
- The healthcare industry is often competitive, with various players vying for market share. GPT Healthcare may face challenges in standing out amidst this competition.
- Healthcare operations are subject to stringent regulatory requirements, necessitating ongoing compliance efforts, which can be time-consuming and resource-intensive
- Infrastructure issues, such as outdated facilities or insufficient medical equipment, may hinder the delivery of optimal healthcare services.
- Ensuring an adequate number of skilled healthcare professionals, including consultants and support staff, may pose challenges, particularly in remote or less populated areas.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2022 | 31,951.05 | 7,990.43 | 149.52 | 149.52 | 2.778 |
| 2020 | 3,045.09 | 579.41 | 4,166.25 | 4,169.77 | 5.2185 |
| 2019 | 2,489.54 | 579.41 | 2,109.40 | 2,109.40 | 3.9191 |
| 2021 | 31,061.30 | 5,794.10 | 4,166.25 | 4,169.77 | 5.2185 |
