Global Health Limited IPO : Company Info. and Key Dates

Global Health Limited is the largest private multi-speciality tertiary care provider operating in North and East regions of India. The company owns 4 hospitals in Gurugram, Lucknow, Ranchi and Indore under the name Medanta. It specialises in liver transplant, neurosciences, cardiology, digestive and hepatobiliary sciences, orthopaedics, kidney and urology etc. 

The company provides its services in more than 30 medical specialities and has a network of 1300 doctors. The operational hospitals have 2467 beds. The Hospital in Gurugram has been ranked as the best private hospital in India for the last 3 years. It is als the only Indian hospital to get a name in the top 200 global private hospital list. 

IPO DETAILS

Global Health Limited IPO is set to launch on 3rd Nov., 2022. The subscription timeline extends till 7th Nov., 2022. The size for the IPO is 2205.57 Crore Rs.. Shares issued through Offer For Sale are worth 1705.57 Crore Rs. Shares issued through Fresh Issue mode are worth 500 Crore Rs. The lot size is 44 shares and the price range is 319 Rs. – 336 Rs./ share. The company is going to get listed at both the exchanges NSE and BSE. The face value per share is Rs. 2 and this is a book built issue. The registrar for the company is KFin Technologies Limited.

TABULAR REPRESENTATION OF IPO DETAILS

IPO OPENING DATE	3rd Nov., 2022
CLOSING DATE FOR IPO	7th Nov., 2022
ISSUE TYPE	Book Built Issue
Face Value per share	2 Rs. per share
IPO price band	319 Rs. – 336 Rs.
LOT SIZE	44 shares
MINIMUM ORDER QUANTITY	44 shares
ISSUE SIZE	2205.57 Crore Rs.
OFFER FOR SALE	1705.57 Crore Rs.
FRESH ISSUE	500 Crore Rs
LISTING AT	NSE, BSE
LISTING DATE	16th Nov., 2022

IMPORTANT DATES

IPO OPENING DATE	3rd Nov., 2022
CLOSING DATE FOR IPO	7th Nov., 2022
IPO ALLOTMENT DATE	11th Nov., 2022
REFUNDS	14th Nov., 2022
DEMAT A/C CREDITED ON	15th Nov., 2022
IPO LISTING DATE	16th Nov., 2022

Global Health Limited IPO begins for subscription from 3rd Nov., 2022. The IPO subscription would continue till 7th Nov, 2022. The allotment status for the shareholders who applied would come on 11th Nov., 2022. The refunds for the ones who did not get allotment would be initiated on 14th Nov., 2022. The DEMAT accounts of shareholders would be credited on 15th Nov., 2022. The listing of the company would be accompanied on 16th Nov., 2022.

Lead Managers

The lead managers are :

• Credit Suisse Securities India Private Limited
• Kotak Mahindra Capital Company Limited
• JM Financial Consultants Private Limited
• Jefferies India Private Limited

The minimum lot size for the company is decided at 44 shares. This holding accounts to 14784 Rs.. The maximum lot size is decided at 572 shares. This amounts to 192192 Rs.. Hence the company’s final holdings would be set as :

	Shares	Amount
Minimum	44 shares	14784 Rs.
Maximum	572 shares	192192 Rs.

OBJECTIVES FOR THE IPO

• For General corporate purposes.
• To meet the future capital requirements.
• For payments of dues in full or half of the subsidiaries MHPL and GHPPL.

COMPANY FINANCIALS

Particularly (in Crore Rs.)	2021-22	2020-21	2019-20
ASSETS	3145	2694	2666
Revenue	2206	1478	1544
PAT	196	29	36

The assets of the company are 2666 Crore Rs in 2020 which went slightly up to 2694 Crore Rs. However in the next year the assets shot up by 3145 Crore Rs. Thus the asset growth was huge for the Financial Year ending in March 2022. The revenue generation is also quite impressive for March 2022. The company generated 2206 Crore rs of revenue in the same Financial year. However in 2021 the company generated just 1478 Crore Rs of revenue which is lesser than its revenue generated in 2020 at 1544 Crore Rs. The profits of the company have also shot up in the last year. The profits were 36 Crore Rs in 2020 and 29 Crore Rs in 2021 which went up to 196 Crore Rs in 2022. 

PROS

• Global Health Limited is the largest private multi-speciality tertiary care provider operating in North and East regions of India.
• The company owns 4 hospitals in Gurugram, Lucknow, Ranchi and Indore.
• Global Health Limited’s Hospital in Gurugram has been ranked as the best private hospital in India for the last 3 years.

CONS

• The company works in a competitive segment.

Global Health Limited IPO APPLICATION PROCESS WITH ZERODHA

It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :

1. Logging into Zerodha console through its website or KITE platform.
2. Clicking the IPO link present in the Portfolio section.
3. Click the Global Health Limited IPO button and press the BID button.
4. Entering the details asked for like UPI ID, Quantity and price.
5. Submit the application form for the IPO.
6. Visiting the application of UPI for approving the transaction.

Now, applying for an IPO online is possible with most of the Discount and online brokers.