GPT Healthcare's IPO launches on February 22. Here's key information to consider before making an investment
The GPT Healthcare IPO is set to open for subscription on Thursday, February 22. Operating under the 'ILS Hospitals' brand, GPT Healthcare Ltd focuses on secondary and tertiary care, managing four multispecialty hospitals in West Bengal and Agartala with a combined bed capacity of 561.
Offering a diverse range of medical services across 35 specialties, the organization provides healthcare in areas like internal medicine, diabetology, nephrology, general and laparoscopic surgery, obstetrics and gynaecology, critical care, and more.
As of September 30, 2023, the company's listed peers include Global Health Limited, Krishna Institute of Medical Sciences Limited, Jupiter Life Line Hospitals Limited, Yatharth Hospital & Trauma Care Services Limited, Kovai Medical Center & Hospital Limited, and Shalby Limited.
GPT Healthcare Limited's promoters are GPT Sons Private Limited, Dwarika Prasad Tantia, Dr. Om Tantia, and Shree Gopal Tantia, collectively owning 67.34% of the company's paid-up equity share capital. The profit after tax (PAT) decreased by -6.37%, while revenue saw a 7.11% increase between March 31, 2022, and March 31, 2023, according to the Red Herring Prospectus (RHP). Investors should consider these factors before making investment decisions in the IPO.
