Fixed Price IPO | ₹49 Cr | Listed at BSE SME | Thu, Apr 21, 2022 - Mon, Apr 25, 2022
Global Longlife Hospital IPO is a fixed price issue of ₹49.00 crores. The issue is entirely a fresh issue of 0.35 crore shares of ₹49.00 crore.
Global Longlife Hospital IPO bidding started from Apr 21, 2022 and ended on Apr 25, 2022. The shares got listed on BSE SME on May 4, 2022.
Global Longlife Hospital IPO price is ₹140 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹1,40,000 (1000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,000 shares), amounting to ₹2,80,000.
Interactive Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Rikhav Securities Ltd..
Refer to Global Longlife Hospital IPO RHP for detailed Information.
IPO Open
Thu, Apr 21, 2022
IPO Close
Mon, Apr 25, 2022
Issue Price
₹140 per share
Market Cap (Pre-IPO)
₹147.00 Cr
| IPO Date | 21 to 25 Apr, 2022 |
| Listed on | Wed, May 4, 2022 |
| Face Value | ₹10 per share |
| Issue Price | ₹140 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 35,00,000 shares (agg. up to ₹49 Cr) |
| Reserved for Market Maker | 1,76,000 shares Rikhav Securities Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 33,24,000 shares (agg. up to ₹47 Cr) |
| Net Offered to Public | 33,24,000 shares (agg. up to ₹47 Cr) |
| Share Holding Pre Issue | 70,00,000 shares |
| Share Holding Post Issue | 1,05,00,000 shares |
| BSE Script Code | 543520 |
| ISIN | INE0J2K01014 |
Global Longlife Hospital IPO comprises a total issue size of 35,00,000 shares. The net offer to the public is 33,24,000 shares, after excluding 1,76,000 shares allotted on a firm basis. Of the Net offer 16,62,000 (50.00%) allocated to NII 16,62,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 16,62,000 | 50.00% | 47.49% |
| Retail Shares Offered | 16,62,000 | 50.00% | 47.49% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,76,000 | 5.03% | |
| Total Shares Offered | 35,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,40,000 |
| Retail (Max) | 1 | 1,000 | ₹1,40,000 |
| HNI (Min) | 2 | 2,000 | ₹2,80,000 |
Global Longlife Hospital and Research Limited provides health care services. The company offers Oncology, Ophthalmology, Cardiology, Dermatology, Gynecology, Spine Surgery, Plastic Surgery, Ultrasound, Microbiology, Dialysis, and Physiotherapy among other healthcare services. Global Longlife Hospital is certified by the National Accreditation Board for Hospitals and Healthcare Providers (" NABH Accredited").
The company is known as a Multi-Speciality Tertiary Care Hospital of Gujarat with 110 beds well equipped for Medical & Surgical Specialities. As of December 31, 2021, the company has 11 full-time consultants, and a team of more than 30 experienced doctors as consultants to serve patients. The company's staff strength also comprises 37 nurses and more than 50 paramedical, pharmacists, corporate and support staff. Global Longlife Hospital is located in Ahmedabad.
Competitive Strengths:
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquire Land on Leasehold Basis | 20.00 |
| 2 | Repayment of Loan | 14.80 |
| 3 | General corporate purposes | 10.70 |
| KPI | |
|---|---|
| Debt/Equity | 1.36 |
| RoNW | 11.54% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 1.48 | |
| P/E (x) | 38.04 | |
| Promoter Holding | 81.43% | 54.29% |
| Market Cap | ₹147.00 Cr. |
The Global Longlife Hospital IPO is subscribed 1.5 times on April 25, 2022 5:39:00 PM (Day 3). The public issue subscribed 1.4 times in the retail category, [.] times in the QIB category, and 1.6 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.6 | 16,62,000 | 26,63,000 |
| Retail | 1.4 | 16,62,000 | 23,30,000 |
| Total | 1.5 | 33,24,000 | 49,93,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees including Underwriting Commission. | 0.24 |
| 2 | Brokerage, selling commission and upload fees | 0.02 |
| 3 | Registrar to the Issue | 0.01 |
| 4 | Legal Advisors | 0.03 |
| 5 | Advertising and marketing expenses | 3.00 |
| 6 | Regulators including stock exchanges | 0.05 |
| 7 | Printing and distribution of issue stationary | 0.03 |
| 8 | Others (Market Making fees etc.) | 0.12 |
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹140.00 |
| Open | ₹141.10 |
| Low | ₹134.05 |
| High | ₹141.10 |
| Last Trade | ₹135.35 |
Lead Manager Reports
Global Longlife Hospital IPO is a SME IPO of 35,00,000 equity shares of the face value of ₹10 aggregating up to ₹49 Crores. The issue is priced at ₹140 per share. The minimum order quantity is 1000.
The IPO opens on Thu, Apr 21, 2022, and closes on Mon, Apr 25, 2022.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Global Longlife Hospital IPO using UPI as a payment gateway. Zerodha customers can apply in Global Longlife Hospital IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Global Longlife Hospital IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Global Longlife Hospital IPO opens on Thu, Apr 21, 2022 and closes on Mon, Apr 25, 2022.
Global Longlife Hospital IPO lot size is 1000, and the minimum amount required for application is ₹1,40,000.
You can apply in Global Longlife Hospital IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Global Longlife Hospital IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Global Longlife Hospital IPO allotment status.
The Global Longlife Hospital IPO listing date is on Wed, May 4, 2022.
