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Global Health (Medanta) IPO

Healthcare - Listed on 16 November 2022

+23.6% listing gain
Issue Price (Upper)
Rs 336
Listing Price
Rs 415.3
Closing Price (NSE)
Rs 393
Total Subscription
28.46x

Global Health (Medanta) IPO listing summary

Global Health (Medanta) (Healthcare) closed its IPO window in 2022 and listed on NSE and BSE on 16 November 2022 at an upper band issue price of Rs 336, opening at Rs 415.3 for a listing gain of +23.6% and closing day one at Rs 393 (+17.0% on closing basis). The IPO was subscribed 28.46x overall - QIB 62.32x, HNI/NII 31.82x, Retail 7.98x. The total issue size was Rs 540 Cr (Fresh Issue Rs 440 Cr, OFS Rs 100 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+23.60%
Listing Gain (Close)
+16.96%
Day Change After Listing
-6.64%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB62.32x
HNI / NII31.82x
Retail7.98x
Overall28.46x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.43x
Day 21.76x
Day 3 (Final)28.46x

Global Health (Medanta) IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 20+5.95%
Day 2Rs 25+7.44%
Day 3Rs 28+8.33%
Day 4Rs 20+5.95%
Day 5Rs 18+5.36%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
5.4%-8.3%
IPOGyani AI Prediction
-
Actual Listing Gain
+23.6%

Issue & financials

Issue SizeRs 540 Cr
Fresh IssueRs 440 Cr
OFSRs 100 Cr
IPO PE44.53
Peer / Sector PE41.73
PE vs Sector Ratio1.29
Latest EBITDA (Cr)12.43
Debt / Equity0.80

Market context at listing

How the broader market moved around the Global Health (Medanta) IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return+0.01%
Nifty 1W Return+0.01%
Nifty 1M Return+0.01%
Nifty during IPO window+0.02%

Global Health (Medanta) IPO - FAQs

What was the listing gain of Global Health (Medanta) IPO?

Global Health (Medanta) IPO listed at +23.6% versus the upper issue price of Rs 336 on 16 November 2022.

How many times was Global Health (Medanta) IPO subscribed?

Global Health (Medanta) IPO was subscribed 28.46x overall. QIB portion was subscribed 62.32x, HNI / NII 31.82x and Retail 7.98x.

What was the IPO GMP for Global Health (Medanta)?

IPO GMP started at Rs 20 on Day 1 and moved to Rs 18 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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