Mumbai: The majority of this year’s initial public offerings (IPOs) have been hits – generating strong investor responses and delivering significant returns following substantial listing gains. About 38 IPOs have taken place so far in 2024 with an average listing gain of 25% and average returns after debuting at 49% till date. Four stocks – … Read more
After a slow start for the first two days, the initial public offer (IPO) of GPT Healthcare was fully subscribed on the last day of the bidding process. The overall subscription stood at 2 times with all the categories (retail, NII and QIB) getting fully booked. GPT Healthcare IPO GMP In the unlisted market, the … Read more
ET Intelligence Group: Backed by Banyan Tree Growth Capital, GPT Healthcare operates multispecialty hospitals under the ILS brand in eastern India. The Kolkata-based healthcare company is rolling out a ₹525 crore IPO comprising an offer of sale of ₹485 crore and a fresh issue of ₹40 crore. The IPO represents 34% of the post-paid capital … Read more
