GPT Healthcare Ltd. IPO

GPT Healthcare, a leading Eastern Indian healthcare provider, operates 4 multispecialty hospitals with 561 beds. They focus on secondary and tertiary care, offering a wide range of specialties from cardiology to neonatology. Established in 2000 by Dr. Om Tantia, a renowned surgeon, they prioritize quality and affordability, catering to the underserved Eastern Indian market. Their success is reflected in a CAGR of 53.87% (FY2021-23) and a strong leadership team. With a commitment to patient care and regional expertise, GPT Healthcare is shaping Eastern India's healthcare landscape.

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GPT Healthcare Ltd. IPO Details

Check out the issue details for GPT Healthcare Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 186

Price Band

₹ 177 - 186

Issue Size

525.14 Cr.

Issue Type

Book Built

Open

2024-02-22

Close

2024-02-26

Listing price

₹ 215

Listing Gain

15.59%

Listing Date

2024-02-29

CMP

₹ 156.75

Current Return

-15.73%

Company Financials

You can get the following financial statements of GPT Healthcare Ltd. as of now.

The details about the GPT Healthcare Limited IPO is as:

  • The issue size of the IPO is 525.14 Cr.
  • The price band for GPT Healthcare Limited IPO is Rs 177 to Rs 186.
  • The shares of GPT Healthcare Limited IPO will list on 29th February 2024.
  • The latest tentative GMP of GPT Healthcare Limited IPO is Rs 10.
  • The shares of GPT Healthcare Limited IPO is subscribed 8.47 Times as of 4:35 pm, 26th February 2024.

 

GPT Healthcare Limited IPO Valuation

The approx valuation of GPT Healthcare Limited IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 186
Existing Shares (Qty) 7.99 Cr
Fresh Issue 40 Cr
Market Cap 1526.14 Cr
EPS (FY23) Rs 4.88
PE Ratio 38.11x
Industry PE 56.36x

 

GPT Healthcare Limited IPO Issue Size

GPT Healthcare Limited IPO issue size is 525.14 Cr

Issue Amount
Fresh Issue 40 Cr
Offer For Sale 485.14 Cr

 

GPT Healthcare Limited IPO Market Lot

An Individual can apply for a minimum 1 lot of 80 shares and a maximum of 13 lots of 1040 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 80 14,880
 Maximum 13 1040 1,93,440

 

GPT Healthcare Limited IPO share offer

The shares of GPT Healthcare Limited IPO is subscribed 8.47 Times as of 4:35 pm, 26th February 2024. The category-wise shares offered are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 17.30 Times
Non-Institutional Minimum 15% 10.92 Times
Retail Individual Minimum 35% 2.38 Times
Total   8.47 Times

Find below the dates for GPT Healthcare Limited IPO:

Schedule Date
Basis of Allotment 27 February 2024
Refunds 28 February 2024
Credit to Demat Account 28 February 2024
IPO Listing Date 29 February 2024

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 337.42 361.04 400.19 407.09 472.55
Total Expenditure 263.58 286.69 312.35 323.74 388.36
Operating Profit 73.84 74.35 87.84 83.35 84.18
Other Income 4.99 5.69 5.29 8.49 5.95
Interest 11.15 9.16 7.11 3.47 8.24
Depreciation 13.59 14.91 17.98 19.03 27.09
Exceptional Items 0 0 0 0 0
Profit Before Tax 54.08 55.97 68.04 69.35 54.81
Provision for Tax 12.42 16.96 20.27 19.42 12.59
Net Profit 41.66 39.01 47.77 49.92 42.22
Adjusted EPS (Rs.) 0.52 0.49 0.58 0.61 0.51

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 79.9 79.9 82.05 82.05 82.05
Total Reserves 78.28 85.46 136.44 165.8 187.37
Borrowings 72.44 40.27 3.62 5.53 7.16
Other N/C liabilities 20.41 68.95 87.76 80.61 124.83
Current liabilities 68.48 81.84 77.21 74.24 79.49
Total Liabilities 319.51 356.43 387.08 408.23 480.92
Assets
Net Block 220.19 227.85 224.05 227.88 342.25
Capital WIP 0.72 2.61 6.4 46.33 0.71
Intangible WIP 0 0 0 0 0
Investments 5 5.17 19.17 0 0
Loans & Advances 7.78 39.45 57.07 54.69 45.23
Other N/C Assets 0.14 0.08 0.23 0.52 3.45
Current Assets 85.69 81.27 80.16 78.82 89.28
Total Assets 319.51 356.43 387.08 408.23 480.92
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Other Income 1.57 1.56 1.34 1.42 1.63
Profit Before Tax 16.37 11.11 15.07 12.76 15.87
Tax 3.48 3.43 4.47 3.39 1.3
Profit After Tax 12.89 7.68 10.6 9.37 14.57
Adjusted EPS (Rs) 1.57 0.94 1.29 1.14 1.78

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2026 65.57 0
Dec 2025 65.57 0
Sep 2025 65.57 0
Jun 2025 65.57 0
Mar 2025 65.57 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 54.08 55.97 68.04 69.35 54.81
Adjustment 19.95 18.65 21.95 18.74 33.88
Changes in Assets & Liabilities 5.46 2.03 -6.17 -3.61 5.5
Tax Paid -13.49 -10.29 -15.02 -17.08 -13.03
Operating Cash Flow 65.99 66.36 68.8 67.4 81.16
Investing Cash Flow -5.34 5.15 -25.21 -32.59 -47.25
Financing Cash Flow -57.16 -73.18 -48.5 -34.84 -31.43
Net Cash Flow 3.49 -1.67 -4.91 -0.03 2.47
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