Healthcare/Diagnostics - Listed on 29 February 2024
GPT Healthcare (Healthcare/Diagnostics) closed its IPO window in 2024 and listed on NSE and BSE on 29 February 2024 at an upper band issue price of Rs 186, opening at Rs 215 for a listing gain of +15.6% and closing day one at Rs 200.7 (+7.9% on closing basis). The IPO was subscribed 8.52x overall - QIB 17.30x, HNI/NII 11.02x, Retail 2.44x. The total issue size was Rs 525.14 Cr (Fresh Issue Rs 40 Cr, OFS Rs 485.14 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Healthcare/Diagnostics
GPT Healthcare operates in the Healthcare/Diagnostics 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 GPT Healthcare issue was offered at an upper price of Rs 186 and raised approximately Rs 525.14 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 120 | +8.06% |
| Day 2 | Rs 125 | +8.06% |
| Day 3 | Rs 120 | +8.06% |
| Day 4 | Rs 120 | +5.38% |
| Day 5 | Rs 110 | +8.06% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the GPT Healthcare IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
GPT Healthcare IPO listed at +15.6% versus the upper issue price of Rs 186 on 29 February 2024.
GPT Healthcare IPO was subscribed 8.52x overall. QIB portion was subscribed 17.30x, HNI / NII 11.02x and Retail 2.44x.
IPO GMP started at Rs 120 on Day 1 and moved to Rs 110 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.