Global Longlife Hospital and Research IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Sep 01, 2023Let’s have a detailed review of the company and analytics of the Global Longlife Hospital and Research IPO release date, IPO offer price, subscription, Global Longlife Hospital, and Research 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 10 |
| Price Band | Rs 140 |
| Listing At | BSE SME |
| Min. Order Quantity | 1000 Shares |
| Listing Date | NA |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 4900 Lakh |
| IPO Size | Rs 4900 Lakh |
| Tick Size | 1 |
Global Longlife Hospital and Research IPO are listed at a [●] premium. Check out the live share price by clicking on the below link.
Global Hospital IPO – Summary
Their Company was originally incorporated as ―Global Longlife Hospital and Research Private Limited‘‘ as a private limited company under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated January 20, 2012, issued by the Registrar of Companies, Gujarat, Dadra, and Nagar Haveli.
Subsequently, their Company was converted into a public limited company pursuant to a special resolution passed by their shareholders at the EGM held on August 05, 2021, and consequently, the name of their Company was changed to ―Global Longlife Hospital and Research Limited‖ and a fresh certificate of incorporation was issued by the Registrar of Companies, Ahmedabad dated August 31, 2021.
The Promoter of this company is MR. SURESHKUMAR BABULAL JANI AND MR. DHRUV SURESHKUMAR JANI. The lead manager to the issue is INTERACTIVE FINANCIAL SERVICES LIMITED, and the Registrar to this issue is BIG SHARE SERVICES PRIVATE LIMITED.
Global Hospital IPO Date
The opening and the closing date of Global Longlife Hospital and Research IPO are Apr 21, 2022 and Apr 25, 2022 Respectively.
Global Hospital IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 21st April | 0.13x | 0.16x | 0.14x |
| 2nd Day – 22nd April | 0.62x | 0.71x | 0.67x |
| 3rd Day – 25th April | 1.60x | 1.40x | 1.50x |
| Shares Offered or Net Issue | 1,662,000 | 1,662,000 | 3,324,000 |
The shares subscribed by the public will be updated here.
Check Global Hospital IPO LIVE Subscription
- Global Longlife Hospital and Research IPO LIVE Bid details on BSE
- Global Longlife Hospital and Research IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
Global Longlife Hospital and Research 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 Hospital 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 Hospital IPO Price
The face value of each share is Rs.10, but the price band of the IPO is Rs.140
Global Hospital IPO Size
This Initial Public Issue of 35,00,000 Equity Shares of Rs.10 each for cash at a price of Rs.140 per equity share aggregating to Rs.4900 Lakh.
Global Hospital IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 3,500,000 Equity Shares of Rs.10/ each.
Issue Size: 35,00,000 Equity Shares of Rs.10 each, aggregating to Rs.4900 Lakh
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Global Longlife Hospital and Research 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 Longlife Hospital and Research Share Price |
Global Hospital IPO Grey Market Premium
The Global Longlife Hospital and Research Limited IPO Grey Market Premium price are Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Global Longlife Hospital and Research IPO – Company Overview
Mr. Suresh Jani along with the team of doctors and the investors have incorporated the Company with the vision to bring healthcare of international standards within the reach of every individual. The Company had acquired 1339 sq. mt land in the prime locality of Ahmedabad for starting hospital in the month of March 2012, within approximately two months from the incorporation of the Company.
The promoter with the help of the Doctor team had completed the Hospital within a period of three years and started a hospital in the year 2015-16. Mr. Dhruv Jani had also joined the hospital business with his father in the month of July 2015.
The majority of Equity shares of the Company were taken over by the present promoters by acquiring the Equity shares from the Doctors and investors in the year 2017. At present, the Promoters along with his family members hold an 81.43 % stake in the Company. Their experience and understanding of business have been instrumental in the growth of their Company’s performance over a period of time.
Their Company is known as a Multi Speciality Tertiary Care Hospital of Gujarat with 110 beds well equipped for Medical & Surgical Specialities. As a policy, any doctor having experience of more than 3 years can admit his patient to their hospital. They provide a platform to the doctors for the treatment of their patients.
Global Hospital 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 & Lakh) | ||||
| 30-Jun-21 | 31-Mar-21 | Mar-20 | 31-Mar-19 | |
| Total Assets | 3622.48 | 3590.39 | 4191.69 | 4329.90 |
| *Total Revenue | 1454.44 | 3276.59 | 3365.66 | 3469.49 |
| Total Expense | 907.76 | 3095.03 | 3472.10 | 3200.73 |
| Profit After Tax | 304.05 | 103.54 | (86.24) | 136.47 |
Earnings per Equity Share (in Million)
| 30-Jun-21 | 31-Mar-21 | Mar-20 | 31-Mar-19 | |
| Basic & Diluted | 4.34 | 1.48 | (1.23) | 2.53 |
Further, their PAT for the period ended on March 31, 2021, March 31, 2020, and March 31, 2019, were Rs. 103.54 Lakh, Rs. (86.24) Lakh, and Rs. 136.47 Lakh respectively.
Global Hospital IPO – Promoters
The Promoter of this company is:
- MR. SURESHKUMAR BABULAL JANI
- MR. DHRUV SURESHKUMAR JANI
List of Related Parties (Key Managerial Personnel)
- Sureshkumar Babulal Jani, Executive Director, and Chairman
- Dhruv Sureshkumar Jani, Managing Director
- Sucheta Dhruvkumar Jani, Non-Executive Director
- Manasvi Manu Thapar, Non-Executive Independent Director
- Sandeep Motilal Shah, Non-Executive and Independent Director
Global Longlife Hospital and Research IPO – Promoters Holding
- Pre Issue Share Holding – 81.43%
- Pos Issue Share Holding – 54.29%
Global Hospital IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 35,00,000 Equity Shares aggregating up to Rs.4900 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 1,76,000 Equity Shares aggregating up to Rs.246.40 Lakh |
| Net Issue to the Public | Up to 33,24,000 Equity Shares aggregating up to Rs.4653.60 Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 16,62,000 Equity Shares |
| Other than Retail Individual Investors | Not more than 16,62,000 Equity Shares |
| Equity Shares outstanding prior to the Issue | 70,00,000 Equity Shares |
| Equity Shares outstanding after the Issue | 1,05,00,000 Equity Shares |
Global Longlife Hospital and Research IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. Acquire land on a leasehold basis.
2. Repayment of Loan and
3. General corporate purposes
Global Longlife Hospital and Research – Business Strategy
- Ultra-Modern Medicinal Practices
- Prime Location of their Hospital
- Team of Medical Practitioners
- Clinical excellence and affordable health care
- Grow their presence in adjacent markets.
- Improve Operational efficiencies
Global Longlife Hospital and Research 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:
- Ultra-Modern Medicinal Practices
- Prime Location of their Hospital
- Team of Medical Practitioners
- Clinical excellence and affordable health care
- Grow their presence in adjacent markets.
- Improve Operational efficiencies
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-21 | 1.48 | 11.54 | 12.81 |
| 31-Mar-20 | (1.23) | (11.72) | – |
| Mar-19 | 2.53 | 17.85 | – |
Global Hospital IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Global Longlife Hospital and Research Limited | 10 | 94.59 | 1.48 | 11.54 | 3276.59 |
| Listed Peers | |||||
| Aashka Hospitals Limited | 10 | 21.11 | 2.29 | 11.87 | 4069.23 |
| KMC Speciality Hospitals (India) Limited | 10 | 82.63 | 0.78 | 8.59 | 10456.40 |
Global Hospital IPO Lead Managers
| Lead Managers |
| INTERACTIVE FINANCIAL SERVICES LIMITED Address: A-1006, Premium House, Behind Handloom House, Ashram Road, Ahmedabad – 380009, Gujarat, India Tel No.:+079-2658-1240 Web Site: www. infinservices.com Email: mbd@infinservices.com Investor Grievance Email: info@infinservices.com Contact Person: Ms.Pooja Shah SEBI Reg No: INM000012856 |
Global Longlife Hospital and Research IPO Registrar to offer
| Registrar to the Offer |
| BIGSHARE SERVICES PRIVATE LIMITED Address: 1st Floor, Bharat Tin works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri East, Mumbai-400059 Tel No:+91 22-62638200 Fax No +91 22-62638299 Website: www.bigshareonline.com E-Mail: ipo@bigshareonline.com Investor Grievance Email: investor@bigshareonline.com Contact Person: Mr. Swapnil Kate SEBI Reg. No.: INR000001385 |
Global Hospital IPO – Other Details
- Statutory Auditor – Manish Dave &Co., Chartered Accountants
- Legal Counsel to the Company – Candour Legal
- Bankers to the Company – The Kalupur Commercial Co-op. Bank Limited (KCCB)
Global Longlife Hospital and Research 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 Longlife Hospital and Research Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Global Longlife Hospital and Research IPO Review FAQs
Ques – What is the Issue Size of Global Longlife Hospital and Research IPO?
Answer – The Company is making an initial public offer of 35,00,000 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 Longlife Hospital and Research IPO?
Answer – The price band for this particular IPO ranges between Rs 140. As far as the face value of the share is of concern, it is Rs.10 per share.
Ques – What is the Global Longlife Hospital and Research IPO Open Date?
Answer – The opening and closing dates for this IPO have been updated. The IPO is set to open on Apr 21, 2022, while the closing date is set at Apr 25, 2022.
Ques – What is the Global Longlife Hospital and Research 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 Longlife Hospital and Research 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 Longlife Hospital and Research IPO?
Answer – One of the reputed registrars is managing the issue of this IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of Global Longlife Hospital and Research IPO?
Answer – Here are the promoters of this IPO – MR. SURESHKUMAR BABULAL JANI AND MR. DHRUV SURESHKUMAR JANI. 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 Longlife Hospital and Research 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 Longlife Hospital and Research 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 Longlife Hospital and Research 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 Lakh is 103.54, 2020 is (86.24), 2019 is 136.47. PAT from June 2021 is 304.05.
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