Rays Power Infra announced closure of INR 127 Crore Equity Capital Fund Raise - “Urban Whispers” An Exhibition of Paintings will be displayed by renowned artist Ajit Deswandikar at Jehangir Art Gallery in Mumbai - ARTIVAL FOUNDATION Presents "ART CONTINUUM" An Exhibition of Paintings & Sculptures will displayed at Nehru Centre Art Gallery in Mumbai - Cancer Survivors Meet 2025 Celebrates Strength, Hope, and Resilience at HCG ICS Khubchandani Cancer Centre - Kalyan Jewellers Launches ‘Crafting Futures’ Initiative to Uplift Artisans This initiative is dedicated to improving the livelihoods of jewellery artisans - Hexaware Technologies Limited Announced its Initial public offering (IPO) to open on Wednesday, February 12, 2025 Sets Price Band fixed at ₹ 674 per equity share to ₹ 708 per equity share of the face value of ₹1 each - Ajax Engineering Limited Announced its Initial public offering to open on Monday, February 10, 2025 Sets Price Band fixed at ₹ 599 per equity share to ₹ 629 per equity share of the face value of ₹1 each - Cyber for HER’ Hackathon witnessed enthusiastic participation from women throughout India, Cyber for HER is a capacity building initiative dedicated to empowering young women aged 18 to 23 in the field of cybersecurity - pollo Cancer Centre Navi Mumbai launches nationwide campaign to fight against cancer Unify to Notify’-- Urges Government to Classify Cancer a Notifiae Disease in India - Tata Play Collaborates with Salesforce to Drive AI-Powered Customer Experience, Tata Play will redefine customer engagement with hyper-personalized experiences and actionable insights - Brigade Hotel Ventures Limited gets SEBI nod for IPO

GPT Healthcare Limited raises Rs. 157.54 crore from Anchor Investors


Mumbai, February 21, 2024 (GNI) : Eastern India focused GPT Healthcare, which operates and manages mid-sized multispecialty hospitals under the ILS Hospitals brand, has garnered Rs. 157.54 crores from anchor investors ahead of its initial public offering that opens for public subscription on Thursday, February 22, 2024. The company informed the bourses that it allocated 84,69,996 equity shares at Rs. 186 per share on Wednesday, February 21, 2024, to anchor investors.

Foreign and Domestic Institutions who participated in the anchor were Kotak Mutal Fund, Axis Mutual Fund, Bandhan Mutual Fund, Aditya Birla Life Insurance, Societe Generale, Duro One Investments Limited, India Capital Growth Fund, Copthall Mauritius, LC Pharos Multi Strategy Fund, Subhkam Ventures and DE Shaw.
Out of the total allocation of 84,69,996 equity shares to the anchor investors, 38,09,760 equity shares were allocated to 3 domestic mutual funds through a total of 7 schemes amounting to Rs. 70.86 crore (approx.) i.e. 44.98% of the Total Anchor Book Size.
JM Financial Limited is the sole book-running lead manager to the Issue and Link Intime India Private Limited is the registrar of the offer. The equity shares are proposed to be listed on the BSE and NSE.
IPO Details
The issue consists of a fresh issue of equity shares worth ₹ 40 crore and an offer for sale (OFS) of up to 26.08 million equity shares by investor selling shareholders.

The Company is proposing to open its initial public offering of Equity Shares (the “Offer”) on Thursday, February 22, 2024, and closes on Monday, February 26, 2024. The price band for the Offer has been determined at Rs 177 – Rs 186 per equity share.

The IPO will fetch Rs 525.14 crore at the upper end of the price band.

Investors can bid for a minimum of 80 equity shares and in multiples of 80 equity shares thereafter.

The Offer is being made through the Book Building Process, wherein not more than 50% of the Offer shall be available for allocation to Qualified Institutional Buyers, not less than 15% of the Offer shall be available for allocation to Non-Institutional Bidders and not less than 35% of the Offer shall be available for allocation to Retail Individual Bidders.ends GNI

Be the first to comment on "GPT Healthcare Limited raises Rs. 157.54 crore from Anchor Investors"

Leave a comment

Your email address will not be published.


*