GPT HEALTHCARE LISTING
Koo calls it a day; Paytm Bank, auditor lock horns
Once touted as India’s response to Twitter, it’s curtains for homegrown microblogging app Koo. Details on this and more in today’s ETtech Top 5.
73% IPOs trading above issue price as primary market shines in H1, four turn multibaggers
The fundraising of Rs 26,272 crore, however fell short of the previous two years likely due to the absence of mega issues. Investors' reception also remained positive with only one failed IPO.
Go Digit IPO opens; quick commerce boost for FMCG firms
Go Digit General Insurance launched its Rs 2,615 crore initial public offering (IPO) on Wednesday. More details on this in today's ETtech Top 5.
New AI law to protect Indian publishers; Navi eyes $2 billion valuation
News publishers in India have been seeking changes to the information technology rules to ensure fair compensation for the use of their content by generative AI models. The Digital News Publishers Association (DNPA) grouping has sent a letter and made representations to the ministries of electronics and information technology, and information and broadcasting, seeking protection from likely copyright violations by AI models, ET reported in January.
GPT Healthcare debut exceeds expectations. Should you wait for more upside?
The shares of GPT Healthcare debuted with a 15% premium over the issue price on Thursday, which was slightly above expectations. Most analysts priced in a 9-10% premium listing.
Paytm shares extend losses, fall 10% in three sessions
Paytm Share Price: Vijay Shekhar Sharma's resignation as the part-time non-executive chairman and board member at Paytm Payments Bank did not cut much ice with the investors who preferred to sell shares in hordes. Around 10 am, nearly 42.78 lakh shares were trading on the NSE.
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GPT Healthcare shares list at 16% premium over IPO price
GPT Healthcare Share Price: GPT Healthcare's IPO debuted with a 16.2% premium. It raised Rs 525 crore for prepayment/repayment of borrowings. The company operates four multispecialty hospitals. Revenue grew at 53.87% CAGR. Three-month total income was Rs 97.63 crore, net profit was Rs 9.98 crore.
Stocks in news: RIL, Shriram Finance, GPT Healthcare, Coal India, Oil India
Shriram Finance Ltd will replace UPL Ltd in benchmark Nifty 50 index with effect from March 28, the National Stock Exchange said on Wednesday.
GPT Healthcare to debut tomorrow. Here's what GMP indicates ahead of listing
The shares of GPT Healthcare will debut on the exchanges on Thursday. Ahead of the listing, the company's shares are trading with a premium of Rs 17 in the unlisted market.
GPT Healthcare IPO allotment: Check status, listing date, GMP and other details
GPT Healthcare IPO received 8.5 times subscription. Share allotment to be finalized. Check status on BSE or registrar website. Shares trading with Rs 10 premium. Proceeds used for repayment. Competing with listed peers. JM Financial is the sole book running lead manager.
GPT Healthcare IPO fully subscribed on last day. Check GMP and other details
In the unlisted market, the company's shares are trading with a premium of Rs 10, marginally up from the previous week.
Global cues, FII flows, F&O expiry among 8 factors to drive Dalal Street this week
Benchmark indices gained close to 1% last week, reaching lifetime highs, driven by foreign investor inflows. Volatility is expected due to the expiry of the February derivative series. Nifty may reach 22400 and possibly 22700. Macro data and global markets will be monitored. Auto sales and IPOs are also noteworthy.
IPO calendar: 6 new issues, 5 listings to keep primary market busy next week
In the week gone by, two mainboard IPOs Juniper Hotels and GPT Healthcare opened with a target to raise Rs 2,325 crore.
GPT Healthcare IPO: Check subscription on Day 2, GMP and other details
The proceeds from the fresh issue will be used for prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company besides general corporate purposes.
GPT Healthcare IPO: Check subscription on Day 1, GMP and other details
GPT Healthcare IPO is priced at Rs 177-186 per share for its Rs 525-crore IPO. Investors can make bids for 80 shares in one lot and its multiples thereafter.
GPT Healthcare IPO opens for subscription. Should you apply?
GPT Healthcare IPO: GPT Healthcare's IPO, valued at Rs 525 crore, opened for subscription. The company raised Rs 157 crore from anchor investors. Analysts advise subscribing for fair valuations, comprehensive services, and quality medical practices. The price band is Rs 177-186 per share.
GPT Healthcare has promising prospects, but wait for listing to get clearer picture
Set up in 2000 as an eight-bed hospital at Salt Lake in Kolkata by laparoscopic surgeon Dr Om Tantia, the company now operates four secondary and tertiary care hospitals in Dum Dum, Salt Lake and Howrah in West Bengal and Agartala in Tripura with a total capacity of 561 beds.
GPT Healthcare garners Rs 157 cr from anchor investors ahead of IPO
GPT Healthcare Ltd, which operates and manages mid-sized multi-specialty hospitals under the ILS Hospitals brand, on Wednesday collected Rs 157.54 crore from anchor investors a day before its Initial Public Offering (IPO).
GPT Healthcare IPO to open on Thursday. What GMP signals ahead of subscription?
GPT Healthcare has fixed a price band of Rs 177-186 per share for its Rs 525-crore IPO. The issue closes on February 26. Investors can make bids for 80 shares in one lot and multiples thereafter. The proceeds will be used for prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company and for general corporate purposes.
Thai Casting IPO booked 48 times on Day 3. Check GMP and other details
The IPO, which will close on February 20, is priced at Rs 77 at the upper end. About 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors and the rest 15% for non-institutional investors.
GPT Healthcare sets price band of Rs 177-186 for its Rs 525-cr IPO
The IPO is a combination of a fresh issue of equity shares aggregating to Rs 40 crore and an Offer For Sale (OFS) of up to 2.6 crore equity shares by private equity firm BanyanTree Growth Capital II.
IPO calendar: 4 new issues, 7 listings to drive primary market activity next week
In the upcoming week, mainboard IPOs of Juniper Hotels and GPT Healthcare will hit the street to raise over Rs 2,000 crore. Meanwhile, SME companies Zenith Drugs and Dream Roll Tech are also scheduled to launch their issues.
Kolkata-based GPT Healthcare announces IPO dates. Check details
The IPO, with a face value of Rs 10, consists of a fresh issue of equity shares, aggregating to Rs 40 crore, and an offer for sale (OFS) of up to 2.6 crore equity shares by BanyanTree Growth Capital II, LLC, a Mauritius-based structured private equity.
GPT Healthcare's IPO to open on Feb 22; PE firm BanyanTree Growth Capital to exit
The IPO is a combination of a fresh issue of equity shares aggregating to Rs 40 crore, and an Offer For Sale (OFS) of up to 2.6 crore equity shares by private equity firm BanyanTree Growth Capital II.
Kolkata-based GPT Healthcare refiles DRHP with Sebi for IPO
The offer is being made through the book-building process, wherein 50% will be available for allocation on a proportionate basis to qualified institutional buyers, 15% for non-institutional bidders, and 35% for retail investors.
UN talks aim to harness AI power and potential
The "AI for Good Global Summit", being held in Geneva on Thursday and Friday, will bring together around 3,000 experts from companies like Microsoft and Amazon as well as from universities and international organisations to try to sculpt frameworks for handling AI.
EU lawmakers to back world's first AI rules
Although the EU's plans date back to 2021, the draft rules took on greater urgency when ChatGPT exploded onto the scene last year, showing off AI's dizzying development and the possible risks.
Can money buy you happiness? Here's what AI has to say
Both OpenAI's ChatGPT and Google's Bard are dominating headlines recently, for their generative capabilities and vast storehouses of information.
ChatGPT powered tools for consumer complaints in the works; draft online gaming rules to be notified soon
Indian consumers will be able to register their complaints on the National Consumer Helpline (NCH) with the help of a ChatGPT-powered mechanism being developed by the Ministry of Consumer Affairs (MCA), ET has learnt.
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