look news india
New Delhi: Kolkata-based hospital running company GPT Healthcare is coming out with its IPO. Its IPO will open on Thursday 22 February. Investors can place bids till 26 February 2024. The company, which operates and manages medium-sized multispecialty hospitals under the ILS Hospitals brand, has set a price band of Rs 177 to Rs 186 per share with a face value of Rs 10.
How many shares is the lot?
To bet on the IPO of GPT Healthcare, investors will have to bid for at least 80 equity shares. A retail investor has to invest a minimum of Rs 14880 for one lot as per the upper price band.
What is the company's plan?
The company will sell 26.08 million equity shares through offer for sale through this IPO. Apart from this, new shares worth Rs 40 crore will be issued. According to DRHP, Rs 30 crore of the amount raised through the fresh issue will be used to repay old loans and for general corporate purposes.
what does the company do
Dwarika Prasad Tantia, Dr. Om Tantia and Gopal Tantia, founders of GPT Healthcare. It started in the year 2000 with only 8 bedded hospital in Salt Lake area of Kolkata. Today it operates four 561-bed multispecialty hospitals. Internal Medicine, Diabetology, Gastroenterology, Orthopedics and Point Replacement, Interventional Cardiology, Neurology, Neurosurgery services are available in his hospital. Dr. Om Tantia has over 4 decades of experience as a surgeon and is an expert in the field of laparoscopic surgery. He has been the President of the Association of Minimal Access Surgeons of India and has many honors to his name.
what is balance sheet
The total revenue of this company increased by 7.3% to ₹ 3610.37 million in FY 2023 from ₹ 3374.15 million in FY 2022. This increase was mainly due to increase in revenue from hospital services. Revenue from operations for the week to September 30, 2023 stood at ₹ 2,041.76 million and net profit at ₹ 234.85 million.