GPT Healthcare Ltd. IPO

GPT Healthcare Ltd.

IPO Listing Details

Listed On


Listed On

Issue Price


Issue Price

Listing Price


Listing Price

Listing Gains

+₹30.15 (+16.21%)

Listing Gains

IPO Details

Bidding Dates

22 Feb - 26 Feb '24

Bidding Dates

Min. Investment


Min. Investment

Lot Size


Lot Size

Price Range

₹177 - ₹186

Price Range

Issue Size

500 Cr

Issue Size

Subscription Rate

  • Retail Individual Investor
  • Non-Institutional Investor
  • Qualified Institutional Buyers
  • Employees

About Company

Established in 1989, GPT Healthcare Limited operates under the brand name ILS Hospitals, managing a network of mid-sized, multi-specialty hospitals primarily situated in Eastern India. Headquartered in Kolkata, West Bengal, the company specializes in delivering comprehensive healthcare services with a focus on secondary and tertiary care. The hospital chain provides a wide array of medical services across more than 35 specialties and super-specialties. These include internal medicine, diabetology, nephrology (including kidney transplant procedures), laparoscopic and general surgery, gynaecology and obstetrics, intensive care, gastroenterology, orthopaedics and joint replacement, interventional cardiology, neurology, neurosurgery, paediatrics, and neonatology. Additionally, the company offers integrated diagnostic services and operates pharmacies within its facilities.

Important Dates - GPT Healthcare IPO

Application opens on 22nd February 2024
Last date of application 26rd February 2024
Date of Allotment 27th February 2024
Refund begins from 28th February 2024
Credit of shares to Demat 28th February 2024
Listing date 29th February 2024

GPT Healthcare Ltd. IPO - SWOT Analysis


  • Experienced promoters and a capable management team.
  • Strong and enduring relationships with a dedicated customer base.



  • Significant dependence on clientele from the United States.
  • Requirement to comply with various laws and regulations in these jurisdictions.



  • Global market access facilitating worldwide reach.



  • Facing competition from other market participants.


Financial Snapshot - GPT Healthcare IPO

Check out the financial performance of GPT Healthcare for recent years:

Financial Year Total Assets Total Revenues Net Profit
March 2021 Rs 317.21 crore Rs 248.86 crore Rs 21.09 crore
March 2022 Rs 323.22 crore Rs 342.40 crore Rs 41.66 crore
March 2023 Rs 326.76 crore Rs 366.73 crore Rs 39.01 crore


GPT Healthcare IPO Noteworthy Highlights

The company intends to utilize the Net Proceeds for the following purposes:

  • Repayment or prepayment, either fully or partially, of specific outstanding borrowings obtained from banks and financial institutions.
  • Meeting general corporate requirements

How to apply for GPT Healthcare Ltd. IPO?

You can apply for the GPT Healthcare Ltd. IPO in these ways:

Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.

Demat Account

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GPT Healthcare Ltd. IPO FAQs

What are the opening and closing dates for GPT Healthcare IPO?

GPT Healthcare IPO will open for subscription on February 22 and close on February 26.

What is the price band for GPT Healthcare IPO?

The price band for GPT Healthcare IPO is ₹177 to ₹186 per share.

What is the minimum and maximum lot size for the GPT Healthcare IPO?

The minimum lot size is 80 shares. 

Who are GPT Healthcare IPO Lead Managers?

JM Financial is the sole Book Running Lead Manager (BRLM) to the issue.

Who is the registrar of the issue?

Link Intime India is the registrar for GPT Healthcare IPO.

When will the GPT Healthcare IPO allotment take place?

The finalisation of the basis of allotment for GPT Healthcare IPO will be done on February 27 2024, and the allotted shares will be credited to investors’ demat accounts by February 28.

When and where will the GPT Healthcare shares be listed?

The equity shares of GPT Healthcare are proposed to be listed on February 29 ,2024, on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).


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