Newsletter Subject

The shares GPT Healthcare is expected to be listed on exchanges on February 29

From

scheduleretry.com

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newsletters@scheduleretry.com

Sent On

Thu, Feb 22, 2024 09:10 AM

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... To Unlist

[GPT Healthcare IPO Opens For Subscription From Today Key Points To Know]( [The initial public offering IPO of Kolkatabased hospital chain GPT Healthcare Ltd opens for subscription today. With the IPO the company aims to raise approximately Rs 40 crore from the fresh issue and an Offer For Sale OFS of up to 2.61 crore shares. The company has set price band at Rs 177186 per share. Of the proceeds from the fresh issue Rs 30 crore will be earmarked for debt repayment with the remainder allocated for general corporate purposes said the company. BanyanTree Growth Capital II LLC a Mauritiusbased private equity fund will be divesting its entire shareholding of over 2.60 crore equity shares representing 32.64 percent of the paidup equity. GPT Healthcare operates a chain of midsized fullservice hospitals under the ILS brand focusing on integrated healthcare services with an emphasis on secondary and tertiary care.](... [Read More]( To Unlist [Click Here](

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