What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the GPT Healthcare Limited IPO allotment date?

The basis of allotment for GPT Healthcare Limited IPO is scheduled to be finalized on 27 Feb 2024.

Where can I check GPT Healthcare Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 28 Feb 2024.

GPT Healthcare Limited

ListedMainboard

Industrial & Financial Services · NSE / BSE

Incorporated in 1989, GPT Healthcare Limited operates a chain of mid-sized, multi-specialty hospitals under the ILS Hospitals brand, providing integrated secondary and tertiary healthcare services in Eastern India. Headquartered in Kolkata, West Bengal, the company offers a comprehensive range of medical services across 35+ specialties and super-specialties, including nephrology, cardiology, neurology, gastroenterology, orthopaedics, laparoscopic surgery, and paediatrics. GPT Healthcare runs four hospitals with a total capacity of 561 beds, strategically located in Salt Lake (Kolkata), Dum Dum (Kolkata), Howrah, and Agartala. As of June 30, 2023, the company employed 1,855 professionals, including 85 full-time consultants and 465 visiting consultants, ensuring high-quality patient care and medical expertise.

Price Band

₹177 – ₹186

Issue Size

₹525 Cr

Lot Size

80 shares

GMP

₹18.5

+9.9%

Est. Listing

₹204.5

at current GMP

Subscribed

8.52x

overall

Open

22 Feb 2024

26 Feb 2024

Allotment

27 Feb 2024

Refund

28 Feb 2024

Demat Credit

29 Feb 2024

Listing

29 Feb 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

GPT Healthcare Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

27 Feb 2024

Basis finalization

Refunds Initiate

28 Feb 2024

Mandate release

Demat Credit

29 Feb 2024

Shares in demat

Listing Debut

29 Feb 2024

Trading begins

How to Check GPT Healthcare Limited IPO Allotment Status

Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
Select GPT Healthcare Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About GPT Healthcare Limited Public Issue & Market Profile

GPT Healthcare Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹525.14 Crores. The shares are offered at a price band of ₹177 to ₹186 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2024-02-26, the basis of allotment is scheduled to be finalized on 2024-02-27. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.