GPT Healthcare Ltd, known for its chain of mid-sized full-service hospitals operating under the ‘ILS Hospitals’ brand, is set to open its Initial Public Offering (IPO) for subscription today i.e. Thursday, February 22.
The IPO, with a price band of Rs 177 to Rs 186 per equity share and a face value of Rs 10, is closely watched as it enters the market. GPT Healthcare IPO’s lot size is fixed at 80 equity shares, with multiples available in increments of 80 equity shares.
Investorgain.com reports a Grey Market Premium (GMP) of zero, indicating shares are trading at the issue price of Rs 186 with no premium or discount. The allocation to anchor investors is scheduled for Wednesday, February 21.
USFDA gives nod to Indoco Remedies to market generic formulation for withdrawal treatment OLA Electric IPO: Here are 8 points you should know ahead of listing Sanofi gets marketing authorisation for its vaccine to treat RSV in India Akums Drugs IPO last day; Here are 8 things to know before you subscribe
Also Read
The GPT Healthcare IPO is valued at Rs 525.14 crore, comprising a fresh issue of Rs 40 crore and an offer-for-sale (OFS) of 26,082,786 equity shares of Rs 10 each. BanyanTree Growth Capital II, LLC, the investor selling shareholder, aims to raise up to Rs 485.14 crore through the OFS.
The net proceeds from the IPO will be channeled towards general corporate objectives and the full or partial repayment of existing loans from banks and financial institutions.
The IPO reservation includes not more than 50% of shares for Qualified Institutional Buyers (QIB), a minimum of 15% for Non-Institutional Investors (NII), and at least 35% reserved for retail investors.
Also Read
Basis of allotment for GPT Healthcare IPO shares is expected to be finalized on Tuesday, February 27. Refunds are set to begin on Wednesday, February 28, with shares credited to demat accounts on the same day. The listing on BSE and NSE is tentatively scheduled for Thursday, February 29.
JM Financial Limited is the book running lead manager for the GPT Healthcare IPO, while Link Intime India Private Ltd serves as the issue’s registrar.
Related Posts
Video game streaming service Twitch has been forced to heavily moderate streaming content on the newly-launched PlayStation 4 console, after some users have been abusing the video capture functionality to broadcast explicit images. User-generated videos will only become more pervasive, as next generation consoles have the functionality built-in. Situations like this will only become more of a headache for companies whose businesses rely on recording and streaming of game-related videos. The Twitch functionality on the PS4 allows users to stream gameplay on the internet for others to watch. However, the game Playroom also allows users to stream live video from their own living room. As reported by Kotaku, this has led…
Just hours after its November 19 launch, Microsoft Flight Simulator 2024 is experiencing a number of bugs and performance issues that have led to the game being review-bombed on Steam, where it currently sits at an “overwhelmingly negative” rating.
From missing aircraft to excessively long loading times, the issues in question have left the game nearly unplayable according to users airing their grievances with the game on Steam. Developer Asobo Studio has acknowledged the issues via a Twitter post, and the studio says it is currently working to rectify the issues as quickly as possible.
According to Asobo Studio, both the missing aircraft bug and the extremely long loading times are a result of server issues caused in part by the large number of players c…
Earlier this week, Amazon and Walmart dropped a limited-time deal on the new Lego board game, and now that deal is even better. The family-friendly strategy game Lego Monkey Palace is on sale for only $25.56, which is over 35% off its $40 list price. Considering the retailer says it has sold over 10,000 copies of Monkey Palace over the past month, we wouldn’t be surprised if it sold out soon. The Lego Store recently sold through its stock at full price.
What happens when a monkey stumbles upon an ancient palace in the jun…
Almost a month after it first launched by pitting the peak of human muscle against medieval siege technology, Age of Empires 4 developers World’s Edge and Relic Entertainment have outlined plans to grow the latest chapter in the real-time strategy game. Come from malaysia online casino
The Winter 2021 update will add over 100 balance updates, in-game player scores, more performance fixes, changes to the user interface of the Chinese dynasty, and mini-map adjustments.
…
New World will not see the player count of its 50v50 PVP Wars reduced following player feedback, Amazon Games has confirmed.
“Based on the feedback we received, we’re going to hold off on the 40v40 change,” a member of the New World team writes on the game’s forums. “We were hoping to get it tested in PTR to validate our view that it plays better Come from online casino bangladesh . But that hasn’t happened yet, and we underestimated how important losing 20 people in War is. Even if it is slightly better for the 80 people, those 20 missing out are really hurt.”
…
The developer behind the survival game Subnautica, Unknown Worlds, is working on the next entry in the series.
Back in February, Unknown Worlds posted a call out for a lead programmer within the studio and new job listings have continued to be published online Come from online casino bangladesh . These include a senior narrative designer, environmental artists, and material artists. The most recent of these, the senior narrative designer position, explicitly notes that the role will be working on “the next game in the Subnautica universe.”
…
March has been a discourse-laden month, mainly thanks to Elden Ring and its difficulty. For some folks, the game is simply too hard, leading one person to create a mod that makes it much easier. Seeing that though, another modder took it upon themselves to create the exact opposite.
The two dueling mods can be found on NexusMods. Easy Mode For Elden Ring does exactly what it says, scaling the game’s difficulty down for “angry gamers” according to its description. By downloading and enabling this mod (which shouldn’t be used in the game’s online mode), players take 50% less damage from enemies, deal 25% more damage themselves, and gain a massive ten times boost to rune drops. With these changes, just about anyone should be able to beat the game.
…
By Gaurav Arora
The March series Nifty futures is currently trading with a premium of around 155 points. For the Index futures, FII has recently reduced shorts inducing their Net Index Long exposure to 45% which was at 22% at the start of series.
The Index is likely to trade with Positive Bias till 21700 is not breached on a closing basis, for the first fortnight of the Mar series. 21600-700 might be the immediate support and only a decisive close below it might bring in further downside.
VIX for the Nifty is currently at around 16 and likely to …
The stock markets on Wednesday ended near record highs after a rangebound session. The Sensex closed above the 75,000 mark for the first time ever. The Nifty 50 closed the day’s trading 111 points or 0.49% higher at 22,642.75. Similarly, Sensex jumped 354 points to finish the session at 75,038.15. The gainers included Coal India, BPCL, Kotak Bank, Hindalco, and ITC. The Indian Volatility Index (India VIX) closed 2.29% lower.
Nifty Bank closed the day’s trading 256 points higher at 48,986.60. The Nifty Midcap 100 gained 485.70 points or 0.97% to settle at 50,380.40.
On the sectoral front, FMCG, metal, and oil & gas stocks pushed the indices higher. In the broader indices, smallcap and midcap stocks closed in the green.
India launches…
The benchmark equity indices closed Friday’s trading session in negative territory. The NSE Nifty 50 ended down by 7.30 points or 0.04% to settle at 19,790.55, while the BSE Sensex ended down by 47.77 points or 0.07% to 65,970.04. Bank Nifty index gained over 191.60 points or 0.44% to settle at 43,769.10.
The broader indices ended largely mixed, with gain led by Smallcap and Midcap stocks. Healthcare and Banking stocks gained among the other sectoral indices while IT and FMCG stocks shed.
Also Read
“Markets consolidated in a range for yet another session and ended unchanged. After the flat start, Nifty oscillated in a narrow band till the end and finally settled at 19794.70 level…