Global Longlife Hospital and Research Limited provides health care services. The company offers Oncology, Ophthalmology, Cardiology, Dermatology, Gynecology, Spine Surgery, Plastic Surgery, Ultrasound, Microbiology, Dialysis, and Physiotherapy among other healthcare services. Global Longlife Hospital is certified by the National Accreditation Board for Hospitals and Healthcare Providers (” NABH Accredited”).
The company is known as a Multi-Speciality Tertiary Care Hospital of Gujarat with 110 beds well equipped for Medical & Surgical Specialities. As of December 31, 2021, the company has 11 full-time consultants, and a team of more than 30 experienced doctors as consultants to serve patients. The company’s staff strength also comprises 37 nurses and more than 50 paramedical, pharmacists, corporate and support staff. Global Longlife Hospital is located in Ahmedabad.
Competitive Strengths:
- Constant innovation.
- Technical expertise.
Company Promoters:
Mr. Sureshkumar Babulal Jani and Mr. Dhruv Sureshkumar Jani are the company promoters.
Company Financials:
| Particulars | For the year/period ended (Rs in Lakhs) | |||
|---|---|---|---|---|
| 31-Dec-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 4001.04 | 3590.39 | 4191.69 | 4329.90 |
| Total Revenue | 2674.28 | 3276.59 | 3365.66 | 3469.49 |
| Profit After Tax | 386.31 | 103.54 | -86.24 | 136.47 |
Objects of the Issue:
The company proposes to utilize the Net Proceeds from the issue towards the following objects:
- Acquire land on leasehold basis.
- Repayment of Loan.
- General corporate purposes.
Global Longlife Hospital IPO Details
| IPO Opening Date | Apr 21, 2022 |
| IPO Closing Date | Apr 25, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹140 per equity share |
| Market Lot | 1000 Shares |
| Min Order Quantity | 1000 Shares |
| Listing At | BSE SME |
| Issue Size | 3,500,000 Eq Shares of ₹10 (aggregating up to ₹49.00 Cr) |
| Fresh Issue | 3,500,000 Eq Shares of ₹10 (aggregating up to ₹49.00 Cr) |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Global Longlife Hospital IPO Lot Size
The Global Longlife Hospital IPO market lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹140,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1000 | ₹140,000 |
| Maximum | 1 | 1000 | ₹140,000 |
Global Longlife Hospital IPO Promoter Holding
| Pre Issue Share Holding | 81.43% |
| Post Issue Share Holding | 54.29% |
3rd Party IPO Application
SBI Bank, Axis Bank, Bank of Baroda (BoB), RBL Bank and IndusInd Bank. Know more…
Global Longlife Hospital IPO Review
The company that originally filed its offer documents for NSE SME listing is now settling for BSE SME listing and raises concern over the IPO approval process. Boosted profits for the current fiscal first nine months’ performance raises eyebrows and suspension on window dressing for such fancy valuation and lure investors. Despite super earnings for 9M-FY22, its IPO pricing is at a higher P/E of 38. There is no harm in skipping this pricy bet. Read detail review…
Global Longlife Hospital IPO Subscription Status (Bidding Detail)
The Global Longlife Hospital IPO is subscribed 0.67 times on Apr 22, 2022 5:03:00 PM. The public issue subscribed 0.71 times in the retail category, times in the QIB category, and 0.62 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 0.62 |
| Retail | 0.71 |
| Total | 0.67 |
Company Contact Information
Global Longlife Hospital and Research Limited
Global Hospital,
Opp. Auda Garden, Nr. Water Tank,
Bodakdev, Ahmedabad – 380054
Phone: 079-29708041/42/43
Email: investor@globalhospital.co.in
Website: https://globalhospital.co.in/