GPT Healthcare Shares Climb Nearly 8% In Debut Trade

File Photo

New Delhi: Shares of GPT Healthcare Ltd, which operates and manages mid-sized multi-specialty hospitals under the ILS Hospitals brand, ended with a premium of nearly 8 percent on Thursday against the issue price of Rs 186. The stock made its debut at Rs 216.15, up 16.20 percent on the BSE.

Shares of the company during the day jumped 18.11 percent to Rs 219.70. The stock ended at Rs 200.75, a premium of 7.93 percent. ()

It listed at Rs 215, registering a gain of 15.59 percent on the NSE. Shares of the firm ended at Rs 200.25, up 7.66 percent. The company's market valuation stood at Rs 1,647.25 crore. ()

In traded volume terms, 11.58 lakh shares of the company were traded on the BSE and over 2 crore on the NSE during the day.

The initial share sale of GPT Healthcare Ltd was subscribed 8.52 times on the final day of the offer on Monday. The price range for the offer was Rs 177-186 apiece.

GPT Healthcare, founded by Dwarika Prasad Tantia, Om Tantia, and Shree Gopal Tantia, started with an eight-bed hospital in Kolkata in 2000.

The company operates four full-service multi-specialty hospitals, with a total capacity of 561 beds.