Everything You Need to Know About the Global Health Limited IPO

Global Health Limited is one of the largest private multi-specialty tertiary care providers operating in the North and East regions of India, with key specialties of cardiology and cardiac science, neurosciences, oncology, digestive and hepatobiliary sciences, orthopedics, liver transplant, and kidney and urology.

Under the “Medanta” brand, Global Health has a network of four hospitals currently in operation (Gurugram, Indore, Ranchi, and Lucknow). They provide healthcare services in over 30 medical specialties and engage over 1,100 doctors led by highly experienced department heads, spanning an area of 3.7 million sq. ft, and their operational hospitals have 2,176 installed beds.

Global Health Limited’s public offer comprises a fresh issue of equity shares aggregating up to Rs. 500 crores and an offer for sale of 4.84 crore equity shares from existing shareholders.

Financial Snapshot

Financial Year Ended Revenue (₹ Crores) Profit/Loss for the period (₹ Crores) EPS (₹)
March 2019 1505.98 51.30 2.06
March 2020 1544.26 36.32 1.45
March 2021 1478.15 28.80 1.15

For more information, you can read the IPO prospectus filed by the company:

IPO Details

Issue period 3rd November 2022 - 7th November 2022
Price band ₹ 319 - 336
Minimum Bid Quantity 44 and in multiples thereof
Face value ₹ 2
No of shares 6,64,34,981 shares
Issue size ₹ 500 crores
Date of Allotment 11th November 2022
Initation of Refund 14th November 2022
Credit of shares 15th November 2022
Date of Listing 16th November 2022
Mandate end date 22nd November 2022
Anchor Investors Lock-in End Date 7th December 2022

How do I apply for the Global Health Limited IPO?

You can apply for it using any supported UPI app by following two steps:

  • Enter your bid on Kite
  • Accept the UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for Global Health Limited IPO?

You can check the allotment status on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.