News: The GPT Healthcare IPO is creating quite a buzz in the financial world. If you’re curious about what it entails, read on! We’ll break down the essential details in simple terms.
Subscription Status
As of the first day of bidding, the GPT Healthcare IPO has been subscribed 0.13 times.
Anchor Investors
- The GPT Healthcare IPO raised ₹157.54 crore from anchor investors.
- Anchor investors have a lock-in period of 30 days for 50% of their shares (ending on March 28, 2024) and 90 days for the remaining shares (ending on May 27, 2024).
What Is the GPT Healthcare IPO?
1. The GPT Healthcare IPO is a book-built issue with a total value of ₹525.14 crores.
2. It combines a fresh issue of 0.22 crore shares (worth ₹40.00 crores) and an offer for sale of 2.61 crore shares (worth ₹485.14 crores).
Key Dates and Price Range
1. Subscription Period: The IPO opens for subscription on February 22, 2024, and closes on February 26, 2024.
2. Allotment Date: Expect the allotment results by Tuesday, February 27, 2024.
3. Listing Date: The shares will be listed on both the BSE and NSE with a tentative listing date of Thursday, February 29, 2024.
Grey Market Premium (GMP)
1. The unofficial Grey Market Premium (GMP) for the GPT Healthcare IPO is currently ₹9.
2. This means that the IPO is trading ₹9 above its issue price band of ₹177 to ₹186 per share.
Investment Details
1. Minimum Lot Size: You can apply for a minimum of 80 shares.
2. Retail Investors: The minimum investment for retail investors is ₹14,880.
3. Super High Net Worth Individuals (sNII): They can bid for 14 lots (1,120 shares), amounting to ₹208,320.
4. Big High Net Worth Individuals (bNII): Their minimum lot size investment is 68 lots (5,440 shares), totaling ₹1,011,840.
Promoters and Shareholding
1. The promoters of GPT Healthcare are GPT Sons Private Limited, Dwarika Prasad Tantia, Dr. Om Tantia, and Shree Gopal Tantia.
2. Shareholding Pre-Issue: Before the IPO, they held 67.34% of the company’s shares.
The GPT Healthcare IPO promises exciting opportunities for investors. Keep an eye out for the listing date, and consider your investment wisely. Remember, this is not financial advice—always consult a professional before making investment decisions.
FAQs
How much money do regular investors need to invest at least?
Regular investors can buy a minimum of 80 shares, and that comes to Rs 14,880.
When will the IPO officially appear on the stock market?
The shares are set to be on the stock market starting February 29, 2024.
How many shares are available in the GPT Healthcare IPO?
The overall number of shares available is 28,233,323, totaling Rs 525.14 Crores.