Global Health IPO. Key Things Investors Should Know?
The Global Health IPO started on November 3 and will close on November 7.
What are some important things to know about this IPO? Let's see
This share issue date is November 3, - November 7, 2022
Face value - Rs.2 #per #share Price - Rs. 319 - 336 Lot Size - 44 Shares Value of Share Issue - Rs.2205.57 Crore Retail - 35% Not Less Anchor Investors? 500 crore to be raised through fresh issue of shares in Global Health's IPO. Through this, 5,07,61,000 shares will be sold. The launch is priced at Rs 319-336. While it has already raised Rs 662 crore from anchor investors, the IPO will raise nearly #Rs. 2206 crore against its upper band price. What is this fund for? The issue of new shares will be used to repay the company's debt and for general corporate purpose. Meanwhile, various brokerages including #Ashika Research and #Jyoth have recommended buying the stock in this share issue.
Noida Hospital continues to expand #and the company expects to have a hospital under construction in Noida by 2025. With this, the total number of beds will #exceed# 3500 in the financial year 2025. According to the company, this will help both local and foreign patients.
For the attention of investors, the cut-off time for the customers investing in the IPO to transact through UPI has also been announced to be November 7, 2022, 5 PM. This is the last day of the IPO.
The Global Health IPO that stirred the dust. Investors gathered on the first day. Have you applied?
Generally in stock market investment, medical sector is a stock that gives average return in long term. Stock market investors think that there will be no huge loss for the investors.
If that is the case, if a company related to the medical sector is doing its share issue, will they just let it go?
That is why Global Health has made investments on the first day of its IPO.
Good opportunity for small investors Generally, share issue is a good opportunity for small investors. Because stocks of good companies can be bought at low prices. One such issued share is Global Health Limited Company #Medanda. As it is also a medical sector stock, it has also attracted a lot of interest among investors.
Overwhelming response on first day Global Health said the first day of the share issue was well received, with 26% oversubscription. The share issue of this global health company will start on November 3 and end on November 7. The launch price was pegged at Rs 319-336. What is the total output? 500 crores worth of new shares will be issued in this share issue. Through this, 5,07,61,000 shares will be sold. It also reported that it has raised Rs 662 crore from anchor investors. A total of #Rs. 2206 crore will be raised through this share issue. Brokerage firms have said in the release that the funds raised through the new issue will be used to repay its debt and for general corporate purposes of the company.
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