business

LIVE: Kolkata based mid-sized, multi-specialty – GPT Healthcare to hit the primary markets on Feb 22

Kolkata-based hospital chain GPT Healthcare Ltd has set the price band for its initial public offering at Rs 177-186. The issue will be open for subscription from February 22 to 26 and the anchor book will be open on February 21. The IPO aims to raise around Rs 40 crore from the fresh issue. It also plans to raise funds through OFS by issuing up to 2.61 crore shares. With this, on the upper band price of the issue, the company will raise a total Rs 485.14 crore and its total market capitalisation will stand at Rs 1,500 crore.Catch Nickey Mirchandani in conversation with Mr. Anurag Tantia, Director & Mr. Atul Tantia, Group CFO of GPT Healthcare.

first published: Feb 19, 2024 01:59 pm