Healthcare - Listed on 16 November 2022
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.
Healthcare
Global Health (Medanta) operates in the Healthcare space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The Global Health (Medanta) issue was offered at an upper price of Rs 336 and raised approximately Rs 540 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
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.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 20 | +5.95% |
| Day 2 | Rs 25 | +7.44% |
| Day 3 | Rs 28 | +8.33% |
| Day 4 | Rs 20 | +5.95% |
| Day 5 | Rs 18 | +5.36% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
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.
Global Health (Medanta) IPO listed at +23.6% versus the upper issue price of Rs 336 on 16 November 2022.
Global Health (Medanta) IPO was subscribed 28.46x overall. QIB portion was subscribed 62.32x, HNI / NII 31.82x and Retail 7.98x.
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.