GPT Healthcare shares listed with over 16 percent premium
Written By : Ruchika Sharma
Medically Reviewed By : Dr. Kamal Kant Kohli
Published On 2024-12-25 07:41 GMT | Update On 2024-12-25 07:41 GMT
New Delhi: GPT Healthcare Ltd shares listed with a premium of over 16 percent on Thursday against the issue price of Rs 186. GPT Healthcare Ltd operates and manages mid-sized multi-specialty hospitals under the ILS Hospitals brand. The stock made its debut at Rs 216.15, up 16.20 percent on the BSE.
The company's market valuation stood at Rs 1,653.40 crore, PTI reported.
The initial share sale of GPT Healthcare Ltd was subscribed 8.52 times on the final day of the offer on Monday.
The price range for the offer was Rs 177-186 apiece.
GPT Healthcare, founded by Dwarika Prasad Tantia, Om Tantia, and Shree Gopal Tantia, started with an eight-bed hospital in Kolkata in 2000.
The company operates four full-service multi-specialty hospitals, with a total capacity of 561 beds.
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