Global Health Limited operates and manages Medanta Hospitals. They are one of the largest private multi-specialty tertiary care providers operating in the North and East regions of India. They have 4 hospitals in operation (Gurugram, Indore, Ranchi, and Lucknow) under the “Medanta” brand.
Their specialties are cardiology and cardiac science, neurosciences, oncology, digestive and hepatobiliary sciences, orthopedics, liver transplant, and urology. They provide 30 medical specialties having over 1300 doctors engaged with the hospitals. They have around 2450 installed beds operational in hospitals. Upon operation in Noida Hospital, the company’s total installed beds are expected to exceed 3,500 by 2025.

Objects of the Issue
  • Repayment/prepayment of borrowings, in full or part, of the Subsidiaries, GHPPL and MHPL.
  • General corporate purposes.

Company Financials



(Amount in ₹ Crore)

IPO Details



IPO Tentative Timetable

Global Health IPO opens on Nov 3, 2022 and closes on Nov 7, 2022.



IPO Lot Size

The Global Health IPO lot size is 44 shares. A retail-individual investor can apply for up to 13 lots (572 shares or ₹192,192).

IPO Promoter Holding

Pre-Issue Share Holding - 35%
Post-Issue Share Holding - 33%

How to apply for IPO?

1. ASBA - All you have to do is, know if your demat is with NSDL or CDSL. Make a note of your Demat ID/DP ID/BO ID - 16 digit number from your broker terminal. Once you have these 2 information, go ahead and apply from your internet banking. One advantage in this process is that, once you submit the application, process ends there and amount gets blocked. While in UPI, you need to get mandate from your bank and need to authorize on time. Many parties are involved in UPI process (Bank, broker, 3rd party UPI app provider etc) and there are chances of delayed UPI mandates. This is a recent process and will take time to settle. Till then, it is better to apply from net banking, but ensure you enter correct 16 digit DP ID.

List of banks that support ASBA. https://www.bsesme.com/static/getlis...x?expandable=0

2. UPI - Visit your broker terminal, select the IPO, enter UPI ID and other bid details to submit the application. Wait for mandate to arrive on UPI app. Approve the mandate to block the amount.

Refer to this video to apply for IPO using UPI at Zerodha.