GPT Healthcare IPO: Subscribe or skip?

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Key Points

As of the most recent update, the company's IPO has garnered a lukewarm response from investors, with subscription rates amounting to just 0.18 times the total offering...

The Initial Public Offering (IPO) of GPT Healthcare Ltd, a regional healthcare company operating primarily in Eastern India, made its stock market debut on Thursday, February 22, 2024...

Priced in the range of Rs 177 to Rs 186 per share, the GPT Healthcare IPO requires a minimum investment of Rs 14,880 for retail investors..

Mehta Equities suggested that only high-risk investors should subscribe to the IPO for the long term, while conservative investors may prefer to observe the stock's performance post-listing...

The IPO's performance will be closely monitored in the coming days as investors evaluate its long-term potential in the healthcare sector...

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