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Global Health IPO

Global Health IPO combines fresh issues of Rs 500 crores and an offer for sale of 4.84 crore equity shares. Global Health is one of the largest private multispecialty, tertiary healthcare providers in north and east India. Click here to Apply for Global Health IPO .

Opening Date

Nov 3, 2022

Closing Date

Nov 7, 2022

Price Band

₹319 - ₹336

per equity share

Issue Size

₹2,206 Cr

Face Value

₹2

per equity share

Market Lot

44 Shares

Opening Date

Nov 3, 2022

Closing Date

Nov 7, 2022

Price Band

₹319 - ₹336

per equity share

Issue Size

₹2,206 Cr

Face Value

₹2

per equity share

Market Lot

44 Shares

Listing at NSE, BSE

Global Health IPO Important Dates

IPO Open Date Nov 3, 2022
IPO Close Date Nov 7, 2022
Allotment Date Nov 11, 2022
Initiation Of Refunds Nov 14, 2022
Credit Of Shares To
Demat Account
Nov 15, 2022
IPO Listing Date Nov 16, 2022
UPI Mandate Expiry Date To be announced

View all upcoming IPOs

Global Health IPO Latest News and Subscription Status Today [Live]

At 05:47:00 PM.
  • This IPO has been subscribed 9.58x by 05:47 PM. on Day 3
  • It is a public issue of 46,742,397 equity shares.
  • Status of Subscription
    • (QIB) Qualified institutional buyers: 28.64
    • (NII) Non-institutional buyers: 4.02
    • (RII) Retail Individual buyers: 0.88
    • Employees: [.]
    At 03:23:00 PM.
  • This IPO has been subscribed 5.91x by 03:23 PM. on Day 3
  • It is a public issue of 46,742,397 equity shares.
  • Status of Subscription
    • (QIB) Qualified institutional buyers: 16.38
    • (NII) Non-institutional buyers: 3.72
    • (RII) Retail Individual buyers: 0.75
    • Employees: [.]
    At 01:14:00 PM.
  • This IPO has been subscribed 1.75x by 01:14 PM. on Day 3
  • It is a public issue of 46,742,397 equity shares.
  • Status of Subscription
    • (QIB) Qualified institutional buyers: 3.50
    • (NII) Non-institutional buyers: 2.31
    • (RII) Retail Individual buyers: 0.48
    • Employees: [.]
    At 11:08:00 AM.
  • This IPO has been subscribed 0.38x by 11:08 AM. on Day 3
  • It is a public issue of 46,742,397 equity shares.
  • Status of Subscription
    • (QIB) Qualified institutional buyers: 0.68
    • (NII) Non-institutional buyers: 1.51
    • (RII) Retail Individual buyers: 0.38
    • Employees: [.]
    At 05:00:00 PM.
  • This IPO has been subscribed 0.49x by 05:00 PM. on Day 2
  • It is a public issue of 46,742,397 equity shares.
  • Status of Subscription
    • (QIB) Qualified institutional buyers: 0.56
    • (NII) Non-institutional buyers: 0.96
    • (RII) Retail Individual buyers: 0.25
    • Employees: [.]
    At 03:39:00 PM.
  • This IPO has been subscribed 0.45x by 3:39 PM. on Day 2
  • It is a public issue of 46,742,397 equity shares.
  • Status of Subscription
    • (QIB) Qualified institutional buyers: 0.56
    • (NII) Non-institutional buyers: 0.85
    • (RII) Retail Individual buyers: 0.21
    • Employees: [.]
    At 01:33:00 PM.
  • This IPO has been subscribed 0.44x by 01:33 PM. on Day 2
  • It is a public issue of 46,742,397 equity shares.
  • Status of Subscription
    • (QIB) Qualified institutional buyers: 0.56
    • (NII) Non-institutional buyers: 0.82
    • (RII) Retail Individual buyers: 0.20
    • Employees: [.]
    At 11:32:00 AM.
  • This IPO has been subscribed 0.36x by 11:32 AM. on Day 2
  • It is a public issue of 46,742,397 equity shares.
  • Status of Subscription
    • (QIB) Qualified institutional buyers: 0.54
    • (NII) Non-institutional buyers: 0.55
    • (RII) Retail Individual buyers: 0.17
    • Employees: [.]
    At 05:07:00 PM.
  • This IPO has been subscribed 0.26x by 05:07 PM. on Day 1
  • It is a public issue of 46,742,397 equity shares.
  • Status of Subscription
    • (QIB) Qualified institutional buyers: 0.54
    • (NII) Non-institutional buyers: 0.18
    • (RII) Retail Individual buyers: 0.12
    • Employees: [.]
    At 03:57:00 PM.
  • This IPO has been subscribed 0.22x by 03:57 PM. on Day 1
  • It is a public issue of 46,742,397 equity shares.
  • Status of Subscription
    • (QIB) Qualified institutional buyers: 0.54
    • (NII) Non-institutional buyers: 0.08
    • (RII) Retail Individual buyers: 0.10
    • Employees: [.]
    At 01:22:00 PM.
  • This IPO has been subscribed 0.02x by 01:22 PM. on Day 1
  • It is a public issue of 46,742,397 equity shares.
  • Status of Subscription
    • (QIB) Qualified institutional buyers: 0.00
    • (NII) Non-institutional buyers: 0.03
    • (RII) Retail Individual buyers: 0.07
    • Employees: [.]
    At 10:49:00 AM.
  • This IPO has been subscribed 0.02x by 10:44 AM. on Day 1
  • It is a public issue of 46,742,397 equity shares.
  • Status of Subscription
    • (QIB) Qualified institutional buyers: 0.00
    • (NII) Non-institutional buyers: 0.01
    • (RII) Retail Individual buyers: 0.03
    • Employees: [.]

    About Global Health

    Global Health is one of the largest private hospitals offering multispecialty healthcare services. They started operation in 2009 in Gurugram. On Match 31, 2020, their total installed bed capacity was 2,176.

    The hospital offers speciality care in cardiology and cardiac science, neurosciences, oncology, digestive and hepatobiliary sciences, orthopedics, liver transplant, and kidney and urology under the flagship brand, Medanta.

    Global Health IPO Objectives

    The net proceeds from selling new shares will be used for payment and prepayment of some borrowings and general corporate purposes.

    Why should you invest in the Global Health IPO?

    Here are your top reasons to invest in the IPO:

    • The healthcare segment is expected to grow, with the budget allocation rising to 2.23 trillion in Fiscal 2022.
    • The company focuses on underserved areas with massive potential for growth in healthcare and well-being.
    • As of March 2021, Global Health provides healthcare services in over 30 medical specialities, engaging over 1000 doctors. They are expanding with two new hospitals.

    Financial Highlights

    Particulars For the year/period ended (₹ in million)
      FY21 FY20 FY19
    Revenue from operation 14,178.41 14,805.71 14,368.34
    EBITDA 2,228.52 2,304.54 2,178.98
    EBITDA Margin (%)      
    Profit After Tax 211.05 363.27 609.78
    EPS      
    ROE      

    How to apply for Global Health IPO?

    Retail investors need to apply for the IPO using UPI.

    UPI

    • Link your bank account to a UPI ID.
    • Register your UPI id with your Demat account.
    • Subscribe for Global Health IPO and approve the payment on your UPI ID.

    Demat Account

    Global Health IPO Noteworthy Highlights:

    • They are a leading tertiary and quaternary healthcare provider, well recognised for their expertise in complicated cases.
    • They are known for their patient-centric design and services.
    • Global Health exhibited a stable financial and performance track record.

    The Brand’s Pros & Cons:

    Pros Cons
    They focus on serving underserved areas to leverage the benefits of potential new markets. Stringent Covid-19 restrictions have impacted the cash flow of the hospital.
    The company offers world-class healthcare in over thirty speciality areas. The company’s profitability is highly linked to retaining qualified doctors, nurses, and other medical staff.
    With increasing emphasis on public healthcare and well-being, Global Health is well-positioned to leverage the traction. Since they are concentrated in the Delhi NCR region, economic and business losses in the area will hurt Global Health’s future cash flow.

    Competitive Analysis: Market Peers

    Global Health faces challenges from its listed peers. Here is a comparative analysis of their financial performance.

    Company Name Net Profit (in million ₹) EPS NAV
    Apollo Hospitals Enterprise Ltd. 1368.00 10.74 334.00
    Fortis Healthcare Limited (561.69) (1.45) 88.98
    Max Healthcare Institute Limited (1375.50) (1.59) 58.37
    Narayana Hrudayalaya Limited (142.94) (0.70) 54.85
    Global Health Ltd. 288.05 1.14 55.76

    Global Health IPO FAQs

    What is Global Health IPO?

    The Global Health IPO consists of Rs 500 crore in new shares and an offer for sale of 50,761, 000 equity shares. The approximate value of the IPO is Rs 2,119-2,206 crore.

    When will the Global Health IPO allotment be available?

    The IPO shares will be allotted to successful applicants on November 11, 2022.

    What will be the Global Health IPO lot size?

    One lot of Global Health IPO contains 44 equity shares.

    When will Global Health IPO open for subscription?

    The subscription window for the IPO opens on November 3, 2022.

    What minimum lot size can retail investors subscribe to?

    The minimum investment size is one lot for retail investors.

    When will Global Health list on exchanges?

    Usually, it takes ten working days from the last day of subscription to finally list the IPOs on the stock exchanges.

    How to check the allotment status of Global Health IPO?

    Angel One investors can log in to their account to check the allotment status of Global Health IPO.

    Which exchanges will Global Health IPO list on?

    The IPO will list on NSE and BSE exchanges.

    Is it possible for NRIs to use Angel One App to apply for Global Health IPO?

    NRIs can apply for Global Health IPO through Angel One App using their UPI app if their bank supports it for NRE/NRO accounts.

    Is it necessary to approve a UPI mandate request immediately?

    Approving the UPI payment is the final step of the IPO application. You will get T+1 days to approve the payment mandate in your UPI handle.

    How to apply for this Global Health IPO via the Angel One App?

    To apply for the IPO from the Angel One app, search for Global Health in the active IPO list and click on apply.

    What is the minimum order quantity for Global Health IPO?

    Details are not available.

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