The selling shareholders in the OFS included International Finance Corporation, NYLIM Jacob Ballas India Fund III LLC, and Resurgence PE Investments.
Under the "ILS Hospitals" brand, GPT Healthcare Ltd. manages a network of mid-sized full-service hospitals that offer integrated healthcare services, with an emphasis on secondary and tertiary care.
Allotment is scheduled for February 27, and listing on NSE and BSE is set for February 29, 2024.
With a price band set at ₹177-186 per share, the IPO is scheduled to close for subscription on February 26.
Recommendation: Buy; Target price: ₹ 1060
The price band for the ₹525.14 Crore offer has been set at ₹177 – ₹186 per equity share.
Sheetal Agarwal of IIFL chats with the management on the eve of the IPO.
Investors with very high risk appetite and want to invest for 5 to 7 years to diversify their portfolio in healthcare companies stocks should invest in DSP Nifty Healthcare ETF.
GLS has seen a 52% increase in its share price over the past three months, reaching a 52-week high of Rs 595
The company announced plans to consider a fund-raise in an upcoming board meeting scheduled for July 11.
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
