JSA advised JM Financial Limited, the book running lead managers in relation to the initial public offering of equity shares of GPT Healthcare Limited (“IPO”) comprising a fresh issue of ₹400.00 million by the Company and an offer for sale by Banyan Tree Growth Capital II, LLC, of 26,082,786 Equity Shares aggregating to ₹4851.40 million.
GPT Healthcare Limited is one of the key regional corporate healthcare companies in Eastern India in terms of number of beds and hospitals as of Fiscal Year 2023. (Source: CRISIL Report) They operate a chain of mid-sized full service multispecialty hospitals in Eastern India under the “ILS Hospitals” brand and provide integrated healthcare services, with a focus on secondary and tertiary care.
Deal value: INR 5,251.40 million
Our Transaction Team Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya, Senior Associate – Sourav Modi, and Associate – Jeebitesh Bhattacharya and Reshmi Prabhakar.
Arka’s practice area covers primarily equity capital markets issuances which covers a wide range of products such as Initial Public Offerings, Rights Issues, Qualified Institutions Placements, Initial Public Offering of Infrastructure Trusts and foreign currency convertible bonds.