GPT Healthcare IPO

GPT Healthcare IPO: Subscription Frenzy and Allotment Updates

Exciting updates on the GPT Healthcare IPO subscription status and how to check allotment details!

The GPT Healthcare IPO has caused a frenzy in the market, with the Kolkata-based hospital chain attracting massive investor interest. Operating a chain of multi-specialty hospitals under the ILS Hospitals brand, GPT Healthcare's IPO worth Rs 525 crore has been fully subscribed, showcasing high demand. Investors eagerly await the finalization of the allotment process by Link Intime India Private Limited and the BSE website.

As the IPO is oversubscribed, investors are keen to check their application status and allotment details. The offer, comprising a fresh issue of Rs 40 crore and an offer for sale of 2.61 crore shares, is generating significant buzz. In the unlisted market, GPT Healthcare's shares are trading at a premium, indicating positive market sentiment.

On the final day, the GPT Healthcare IPO was oversubscribed by 8.52 times, reflecting strong investor confidence. Subscription details reveal that the offer received bids for 16.84 crore shares against 1.97 crore shares available. The IPO subscription data highlights the market's enthusiasm for the healthcare sector's growth prospects.

As the basis of allotment is set to be finalized by February 27, investors can anticipate the allocation of equity shares to their demat accounts. Stay tuned for further updates on the GPT Healthcare IPO as investors track the performance of this promising healthcare company in the market.