IPO Update: Global Longlife Hospital IPO; Subscription Date, Price and Other Details

Global Longlife Hospital and Research Limited’s public offering will begin accepting subscriptions on April 21, 2022, and will remain up for bidding until April 25, 2022. The company filed a DRHP (Draft Red Herring Prospectus) for NSE SME listing and will open for BSE SME listing tomorrow. The price band for Global Longlife Hospital’s IPO (Initial Public Offering) has been set at 140 per share, and the business expects to raise a total of 49 crore through the sale of 3,500,000 equity shares with a face value of ten dollars each.

1. Global Longlife Hospital Initial Public Offering (IPO): The initial public offering (IPO) will start for subscription on April 21, 2022, and will remain open for interested subscribers until April 25, 2022.

2. Global Longlife Hospital IPO pricing: The company has set a price band of 140 per share for this public offering.

3. IPO size of Global Longlife Hospital: The firm plans to raise Rs.49 crore through its first public offering.

4. Lot size for the Global Longlife Hospital IPO: Bidders will be able to apply in lots of 1000 business shares.

5. The Global Longlife Hospital IPO application limit is one lot per bidder.

6. Global Longlife Hospital IPO investment limit: Because each bidder can only apply for one lot, each bidder can invest maximum ₹1,40,000 in this public offer.

7. IPO allotment date for Global Longlife Hospital: The tentative date for share allocation is April 29, 2022.

8. BSE SME Exchange will list Global Longlife Hospital IPO: The public offering will be listed on the BSE SME Exchange.

9. IPO listing date for Global Longlife Hospital: The public offering is expected to begin on May 5, 2022.

10. Global Longlife Hospital IPO financials: The company is regarded as a Multi-Specialty Tertiary Care Hospital of Gujarat with 110 beds well equipped for Medical & Surgical Specialties. The organisation employs 11 full-time consultants and a team of more than 30 skilled doctors to serve patients as of December 31, 2021. A total of 37 nurses, as well as more than 50 paramedical, pharmacist, corporate, and support staff, make up the company’s workforce.

The Global Longevity Hospital is promoted by Sureshkumar Babulal Jani and Dhruv Sureshkumar Jani.