Global Health IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Apr 28, 2022Let’s have a detailed review of the company and analytics of the Global Health IPO release date, IPO offer price, subscription, Global Health Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 2 |
| Price Band | Rs [●] |
| Listing At | BSE, NSE |
| Min. Order Quantity | NA |
| Listing Date | NA |
| Offer for Sale | Rs Million |
| Fresh Issue | Rs 5,000 Million |
| IPO Size | Rs Million |
| Tick Size | 1 |
Global Health IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
Global Health IPO – Summary
They are 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, according to CRISIL Report.
Under the “Medanta” brand, they have a network of four hospitals currently in operation (Gurugram, Indore, Ranchi, and Lucknow), a hospital which is under construction with an operational outpatient facility (Patna), and one hospital (Noida) planned for development. As of March 31, 2021, they provide healthcare services in over 30 medical specialties and engage over 1,100 doctors led by highly experienced department heads and, spanning an area of 3.7 million sq. ft., their operational hospitals have 2,176 installed beds.
The Promoter of this company is DR. NARESH TREHAN. The lead manager to the issue is Kotak Mahindra Capital Company Limited, Credit Suisse Securities (India) Private Limited, Jefferies India Private Limited, JM Financial Limited, and the Registrar to this issue is KFin Technologies Private Limited.
Global Health IPO Date
The opening and the closing date of Global Health IPO are not available yet.
Global Health IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – | ||||
| 2nd Day – | ||||
| 3rd Day – | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Check Global Health IPO LIVE Subscription
- Global Health IPO LIVE Bid details on BSE
- Global Health IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
Global Health IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Global Health Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | – |
| Refunds Initiation | – |
| Credit of Shares to Demat Account | – |
| Share Listing Date | – |
Global Health IPO Price Band
The face value of each share is Rs.2, but the price band of the IPO is Rs.[●]
Global Health IPO Equity Size
This Initial Public Issue of X Equity Shares of Rs.2 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Million.
Global Health IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.2/ each.
Issue Size: X Equity Shares of Rs.2 each, aggregating to Rs.[●] Million
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Global Health IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Global Health Share Price |
Global Health IPO Grey Market Premium
The Global Health Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Global Health IPO – Company Overview
They were founded by Dr. Naresh Trehan, a world-renowned cardiovascular and cardiothoracic surgeon. He has been awarded the prestigious Padma Bhushan and the Padma Shri, the third and fourth-highest civilian awards in India, and the BC Roy Award, in recognition of his distinguished contribution to medicine. Dr. Trehan is the driving force behind their hospitals.
They strive to deliver world-class healthcare by establishing institutes of excellence that integrate medical care, teaching and research all while providing affordable medical services to patients.
Their hospital at Gurugram was ranked as the best private hospital in India for two consecutive years in 2020 and 2021 and was the only Indian private hospital to be featured in the list of top 200 global hospitals in 2021 by Newsweek. Their hospital at Gurugram was also featured in the list of the world’s best-specialized hospitals for cardiology in 2021 by Newsweek.
Also, their pharmacies provide convenient access to necessary pharmaceuticals for patients. For their home-care services, they have scaled up their telemedicine and remote delivery of healthcare services, and the monthly average consultation via video and telephone increased by 1,419.33% from 419.00 in Fiscal 2020 to 6,366.00 in Fiscal 2021 in Gurugram.
Global Health IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Million) | |||
| 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Total Assets | 26,941.05 | 26,662.87 | 24,300.05 |
| *Total Revenue | 14,781.58 | 15,442.67 | 15,059.87 |
| Total Expense | 14,456.94 | 14,803.78 | 14,227.19 |
| Profit After Tax | 288.05 | 363.27 | 513.03 |
Earnings per Equity Share (in Million)
| 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Basic | 1.15 | 1.45 | 2.06 |
| Diluted | 1.14 | 1.44 | 2.04 |
Further, their PAT for the period ended on March 31, 2021, March 31, 2020, and March 31, 2019, were Rs. 288.05 Million, Rs. 363.27 Million, and Rs. 513.03 Million respectively.
Global Health IPO – Promoters
The Promoter of this company is:
- DR. NARESH TREHAN
List of Related Parties (Key Managerial Personnel)
- Naresh Trehan, Chairman and Managing Director
- Sunil Sachdeva, Non-Executive Director
- Ravi Kant Jaipuria Non-Executive Nominee Director
- Venkatesh Ratnasami Non-Executive Nominee Director
- Praveen Mahajan, Non-Executive Independent Director
- Vikram Singh Mehta, Non-Executive Independent Director
Global Health IPO – Promoters Holding
- Pre Issue Share Holding – %
- Pos Issue Share Holding – %
Global Health IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to X Equity Shares aggregating up to Rs.[●] Million |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue | 253,223,925 Equity Shares |
| Equity Shares outstanding after the Issue | X Equity Shares |
Global Health IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. Repayment/prepayment of borrowings, in full or part, of their Subsidiaries, GHPPL and MHPL; and
2. General corporate purposes
Global Health IPO – Business Strategy
- Continue to invest in bed capacity expansion in existing facilities and develop further super-specialties, employ new technology and focus on preventive healthcare
- Continue to attract, engage and train prominent, skilled doctors and other healthcare professionals
- Enhance clinical capabilities and improve operating efficiencies
- Extend clinical services outside the hospital and across the lifetime of the patient
- Leverage technology to improve patient experience and grow their digital health services
- Build on their thought leadership through increased focus on academics and research
Global Health IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Leading tertiary and quaternary care provider in India, well recognized for clinical expertise in particular in dealing with complicated cases
- Focus on clinical research and academics;
- Doctor-led’ hospitals driven by skilled and experienced doctors who are among the best in the healthcare space;
- Large-scale hospitals with world-class infrastructure and high-end medical equipment and technology;
- Track record of strong operational and financial performance;
- Focus on under-served areas with dense population and presence in top or capital cities of large states (NCR, Lucknow, and Patna);
- Growth opportunities in existing facilities and diversification into new services, including digital health; and
- Experienced senior management team with strong institutional shareholder support.
The relevant quantitative factors are:
| Basic EPS | Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-21 | 1.15 | 1.14 | 2.08 | 55.76 |
| 31-Mar-20 | 1.45 | 1.44 | 2.69 | 54.70 |
| Mar-19 | 2.06 | 2.04 | 3.96 | 52.73 |
Global Health IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Millions) | |
| Global Health Limited | 2 | [●] | 1.15 | 2.08 | 14,781.58 |
| Listed Peers | |||||
| Apollo Hospitals Enterprise Limited | 5 | 410.71 | 10.74 | 2.85 | 1,06,050.00 |
| Fortis Healthcare Limited | 10 | NA | (1.45) | (0.84) | 40,766.77 |
| Max Healthcare Institute Limited | 10 | NA | (1.59) | (2.44) | 26,194.10 |
| Narayana Hrudayalaya Limited | 10 | NA | (0.70) | (1.28) | 26,105.22 |
Global Health IPO Lead Managers
| Lead Managers |
| Kotak Mahindra Capital Company Limited Credit Suisse Securities (India) Private Limited Jefferies India Private Limited JM Financial Limited |
Global Health IPO Registrar to offer
| Registrar to the Offer |
| KFin Technologies Private Limited (formerly known as Karvy Fintech Private Limited) Selenium, Tower-B Plot 31 and 32, Financial District Nanakramguda, Serilingampally Hyderabad, Rangareddi 500 032 Telangana, India Tel: +91 40 6716 2222 E-mail: globalhealth.ipo@kfintech.com Investor grievance e-mail: einward.ris@kfintech.com Website: www.kfintech.com Contact Person: M Murali Krishna SEBI Registration No.: INR000000221 |
Global Health IPO – Other Details
- Statutory Auditor – Walker Chandiok & Co LLP, Chartered Accountants
- Legal Counsel to the Company – S&R Associates
- Bankers to the Company – Yes Bank Limited, HDFC Bank Limited, and ICICI Bank Limited
Global Health IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Global Health Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Global Health IPO Review FAQs
Ques – What is the Issue Size of Global Health IPO?
Answer – The Company is making an initial public offer of NA equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
Ques – What is the Price band of Global Health IPO?
Answer – The price band for this particular IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.2 per share.
Ques – What is the Global Health IPO Open Date?
Answer – The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
Ques – What is the Global Health IPO Allotment Date?
Answer – They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
Ques – What is the Global Health IPO Listing Date?
Answer – Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Ques – Who is the Registrar of Global Health IPO?
Answer – One of the reputed registrars is managing the issue of this IPO, i.e. KFin Technologies Private Limited. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of Global Health IPO?
Answer – Here are the promoters of this IPO – DR. NARESH TREHAN. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is the GMP of Global Health IPO?
Answer – They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is Global Health IPO good for Investment?
Answer – They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of Global Health Company?
Answer – They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Million is 288.05, 2020 is 363.27, 2019 is 513.03.
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