Investors can subscribe for the Initial Public Offering (IPO) of Global Health on Monday, November 7. It will also be the last day to subscribe for the public issue. Global Health opened for public subscription on Thursday, November 3, 2022. On the second day of the bidding process the issue got subscribed 0.49 times. As per market observers, Global Health shares were available at a premium (GMP) of Rs. 15 in the grey market on Friday, November 4, according to a report by Live Mint.
It can be known that the Global Health IPO has a fresh issue of up to Rs. 500 crore and an offer for sale of up to 5,07,61,000 equity shares. Its price range is at Rs. 319-336 a share. At the upper end of the price band, the company is expected to fetch Rs. 2206 crore through the IPO. Also, on the second day of the bidding process, the public issue got subscribed 0.25 times in the retail category, 0.56 times in the QIB category, and 0.96 times in the NII category.
Once the subscription concludes, the share allotment status of the Global Health IPO is expected to be finalized on November 11, 2022. While, the company's shares will likely list on leading stock exchanges BSE and NSE on Wednesday, November 16, 2022.
After the Global Health IPO share allotment status is finalised, investors will be able to check the status online by visiting the official website of BSE or the registrar of the IPO that is- KFin Technologies Limited. Here is how:
1. Visit the official website of BSE or click on the direct link given here— https://www.bseindia.com/investors/appli_check.aspx.
2. Select Global Health IPO in the menu, available only after the finalisation of the share allotment status.
3. Enter your application number allotted for Global Health IPO.
4. Then
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