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GPT Healthcare IPO

Healthcare/Diagnostics - Listed on 29 February 2024

+15.6% listing gain
Issue Price (Upper)
Rs 186
Listing Price
Rs 215
Closing Price (NSE)
Rs 200.7
Total Subscription
8.52x

GPT Healthcare IPO listing summary

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.

Listing day performance

Listing Gain (Open)
+15.59%
Listing Gain (Close)
+7.90%
Day Change After Listing
-7.69%
Retail Quota
10.0%

Subscription breakdown

Final (Day 3) subscription

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

QIB17.30x
HNI / NII11.02x
Retail2.44x
Overall8.52x

Day-wise overall subscription

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

Day 10.37x
Day 20.85x
Day 3 (Final)8.52x

GPT Healthcare 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 120+8.06%
Day 2Rs 125+8.06%
Day 3Rs 120+8.06%
Day 4Rs 120+5.38%
Day 5Rs 110+8.06%

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%-8.1%
IPOGyani AI Prediction
-
Actual Listing Gain
+15.6%

Issue & financials

Issue SizeRs 525.14 Cr
Fresh IssueRs 40 Cr
OFSRs 485.14 Cr
IPO PE10.17
Peer / Sector PE36.20
PE vs Sector Ratio0.28
Latest EBITDA (Cr)4.21
Debt / Equity1.63

Market context at listing

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.

Nifty 3D Return-1.43%
Nifty 1W Return-0.71%
Nifty 1M Return-0.01%
Nifty during IPO window+1.04%

GPT Healthcare IPO - FAQs

What was the listing gain of GPT Healthcare IPO?

GPT Healthcare IPO listed at +15.6% versus the upper issue price of Rs 186 on 29 February 2024.

How many times was GPT Healthcare IPO subscribed?

GPT Healthcare IPO was subscribed 8.52x overall. QIB portion was subscribed 17.30x, HNI / NII 11.02x and Retail 2.44x.

What was the IPO GMP for GPT Healthcare?

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.

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