GPT Healthcare Limited IPO Message Board (Page 16)

Apologies for other topic query.....
Can someone explain with an example how rights allotment works for shareholders when the applicant applies for extra shares in an oversubscribed rights issue. Extra allotment of shares depends on which factor: original rights or no. of extra shares applied or something else ....

Peer comparison

Best company to compare with GPT seems to be Yatharth (on the basis of revenue & NP).
On margin front, Yatharth is a little better but on valuation front, GPT seems to be much cheaper (if we ignore a few negatives already discussed).

Recieved Some Queries Regarding GPT Healthcare IPO ,
Both Were Good So Posted

1.One of the Members of the Promoter Group was published in the list of Wilful Defaulters by Certain Financial
Institutions
[Mr.I P Tantia ,
Tantia Constructions]

Is There Any Impact Of This Risk Factor On The Company?

➡️The Answer Is NO ,
Both The Groups Are Different ,
They Have A "Family Separation Agreement"
Made in 2009 which states that In Past/Present/Future ,
There will be no Cross Directorship/Ownership/Related Transactions/Equity Exchange

The Management Has Clearly Clarified That There Will Be No Impact on The Company With Respect To This Matter

2.Raipur Hospital Is Expected To Get Commenced in Q3FY25,

Will The Company Raise Additional Debt/Funding To Manager The Expenses of Building It Or Buying Required Medical Machines

➡️The Hospital Will Require Around 105 cr ,

The Company Has 38 cr Cash in Hand ,
And Next Year's Cash Flows will be sufficient to finance it ,
And About Medical Equipments ,
The Company is Going To Use Equipment Financing To Finance That

​@newgen consultancy  Thanks for clarifying the one downgradable point and bringing desired hopes .
Do you feel current upward sectoral movement will have a positive effect on listing gains

Many thanks to @newgen consultancy for clearing doubts regarding wilful defaulter case on one of the promoters, IP Tantia & another query.

Little help needed .

I am going to open a new Demat/trading account.
can some one please tell which broker allows us to place the sell order for the IPO allotted shares in Pre-Open Market (9:00 to 9:44 am) from DHAN, FYERS, GROW ?

( i already have the account with Zerodha and upstox.)

Thanks @MVP  Guru ji,,

Dhan allows pre open

i m starting important discussion...

huge role LM (BRLM) in sme ipo

script performance mostly depends on LM

but in mainboard ipo's, i m not able to find so much important of LM..

still please share expert nd experience members about LM role in mainboard ipo,good lm in mainboard ipo nd more about lm.....

(unistone etc mostly sme lm also sometimes seen in mainboard ipo too)

​@Hope is life , SMEs are much smaller in size compared to mainboard and few bad quarters can lead to shutting shop.
In case of mainboard IPOs SEBIs approval (along with exchanges) is required, while in case of SME just the exchange (either BSE or NSE) has to approve the IPO, which means less compliance requirement.
Also, SMEs don't have to report financial numbers every quarter, they need to report bi-annually.
Due to all these things, LM's role in identifying solid business with good promotor background becomes very important.
Few notable LM's like Hem, CCV and few others do due diligence before the IPO process while few like Interactive just work for their fees without doing due diligence.

​@Imhilli 
​@MuStrFc 
​@GrayIsTheNewBlack 

thank u all of u🙏

After reading the comments I am in two minds on whether or not to apply. Funds are available and there is no other main board IPO at the same time. Wonder if we will get about 10% listing gains. Will this turn out to be a dark horse?

Not sure about dark horse, but if you are medium to long term investor, this is not a bad stock. And I believe, you will get a chance in secondary market too to enter, so I dont any reason to block funds here in IPO on a luck.

I feel there could be a minor probability of discount listing. But it should be okay longer term.

The TTM EPS on post-issue equity works out to Rs 5.55. At the upper price band of Rs 186, P/E works out to 34.

As of 19 February 2024, its listed peers such as Global Health traded at TTM P/E of 83, Jupiter LifeLine Hospitals at TTM P/E of 62, Yatharth Hospital & Trauma Care Services at TTM P/E of 44 and Shalby at TTM P/E of 40. For FY2023, GPT Healthcare’s OPM and ROE stood at 20.59% and 23.77%, respectively, as compared to 22.72% and 10.57% for Global Health, 22.56% and 22.27% for Jupiter Life Line Hospitals, 25.71% and 35.94% for Yatharth Hospital & Trauma Care Services, and 16.99% and 7.29% for Shalby.

Considering above from capital market it is must apply for me, however other decide as per their risk appetite ....

Thank you senior investor

[Off Topic] Can someone suggest me a discount stock broker, which can used exclusively via laptop, with no access to phone during trading hours/using normal phone. Which does not depend on OTP for login/trades.

Even Zerodha has full laptop compatibility. For login you will need authenticator TOTP, which also can be accessed from laptop. & while opening the Zerodha account, opt for DDPI, so you will not need OTP for first sell order every day. Even if you don't opt for it, you can get the OTP on mail also.
In short, you can easily trade exclusively from laptop.

Which banks are creating lien on FD against ASBA application for IPO. Many banks break FD and transfer amount to Saving a/c for creating lien against ASBA.
If I remember correctly somebody told Indusbank/ IDFC First bank/ ICICI Bank. Kindly confirm.

​@Vikas Rana No special process, initially when I went for the enquiry, even the bank people were not sure. Then I took the risk, I went one month later and explained to them I want a bank account for my son, and asked them use PAN of my son as primary while account creation.

​@MVP need to vivit RBL then..thanks

GPT P 15 only

GPT & JUNIPER me satta hone ki rah dekh raha hu... utha le re deva utha le...

juniper gone . . . hope GPT will rocks . . .

Finally . . .

GMP
Platinum ₹88/=
GPT ₹13/=
Hotel ₹2/=
Purva SME ₹100/=
Zenith ₹21/=
Deem roll ₹71/=

​@B.M.SURANA Thanks so much. Request if GMP be mentioned in percentage terms too 🙏

ExiCom Tele ₹114/- (80%)
Platinum ₹88/- (51%)
GPT ₹13/- (7%)
Hotel ₹2/- (0.56%)
Purva SME ₹100/- (141%)
Zenith ₹21/- (27%)
Deem roll ₹71/- (55%)

​@Heritage Wale From Local Sources?

​@Heritage Wale Any input sir ?

I am taking risk here.
Applying FF, after refund from SMEs.
Not fearing of discount listing.
Expect GMP I am satisfied, और हा यहाँ करण-अर्जुन भी आऐंगे

करण-अर्जुन तो क्लायमॅक्स मे आयेंगे
If ready for (+ -) रिस्क लेना बनता है

Those who are in for listing gain GMP is only 4. They must wait Karan-Arjun. Apply only if crosses 20x.

Applied 5 Retail..👍

I applied here,for one retail lot.
Let's see

GPT premium 17 only

Bhai.. Aap gaayab mat hua karo 😋🥀

Not applying FF. Will be applying 1 retail

Off topic :-
Dear Experts

Your views on IREDA for long term ?

Considering CMP is it right time to add ?

​@PBPatel  Hi,

IREDA has covered journey from 32 to 200 plus and is at about 168 of CMP levels. Offlate the counter is hitting series of lower circuits after showing accelerated momentum. Those who are holding it from two digit levels are finding it easy to hold, however new entry at current levels could be less rewarding. Take your own call as no body has got that 'Crystal Ball' to predict the future.

Best Wishes 👍

Only buy below 140

Other than the East India concentration, I don't see any major red flag with GPT Healthcare. Considering it's a leading player in West Bengal and Tripura, I'm very bullish on this. Made 1 retail application. Thanks.

Good listing. Sold full 2 retail lots and acquired principal from the 3rd. A sweet 5K profit, enough for a quick preventive health checkup for me and Mrs. Crow.

​@Crow  You have real guts - first for taking faster decision to sell ........second dare enough to write Mrs Crow 😄

Pls take it in lighter vein my bro