Medanta IPO Allotment Date: Check subscription status online on direct link | Medanta Share Price Listing Date NSE

Medanta IPO Subscription Status, Allotment Date, Medanta IPO Registrar: The allotment of initial public offering (IPO) of Global Health, which operates hospitals under the Medanta brand, has been announced today as the company had fixed November 11 as the tentative date for this purpose. The IPO has got good response from investors and according to the NSE data, it received bids for 44.79 crore shares against 4.67 crore shares on offer.

The category meant for Qualified Institutional Buyers (QIBs) got subscribed 28.64 times, while the portion for non-institutional investors was subscribed 4.02 times and that of Retail Individual Investors (RIIs) got subscribed 88 per cent. The IPO comprises fresh issuance of shares worth up to Rs 500 crore and an offer-for-sale of up to 5,07,61,000 equity shares.

Medanta IPO Price Band

 
The price band of Global Health has been fixed Rs 319-336 a share. At the upper end of the price band, the company is expected to fetch Rs 2,206 crore.

Last week, Global Health said it has mobilised Rs 662 crore from anchor investors.

Medanta Shares Listing Date 

Global Health IPO will list on both the leading exchanges BSE and NSE and listing date is likely to be November 16.

Medanta IPO allotment: Step-by-step guide to check status online 

Those who have applied for Medanta IPO can check the allotment status of the IPO application online. For this, one can either visit the official website of the Bombay Stock Exchange (BSE) or can use a direct link. 

Medanta IPO allotment: Check status on BSE
 

Step 1: As stated earlier, a bidder can visit the official website of the BSE to check the status of the IPO application online. Alternatively, he or she can directly click on the link - https://www.bseindia.com/investors/appli_check.aspx

Step 2: Select the option of 'Equity' under 'Issue Type' 

Step 3: Select 'Issue Name' i.e. Global Health IPO from the menu.

Step 4: Either enter your application number in the box or provide your PAN detail to proceed further.

Step 5: Click on 'I'm not a robot' and then submit. 

Status of your Medanta IPO application status will be available on the screen. 

Medanta IPO allotment: Check status via direct link or official registrar

It is to be noted that KFin Technologies Limited (kprism.kfintech.com) is the official registrar appointed for Medanta IPO. 

Step 1: Visit the official website of the registrar or click - kprism.kfintech.com/ipostatus.

Step 2: Select Global Health IPO.

Step 3: Now you will have to provide your PAN details. You can also provide details of your Demat Account or Application No. 

Step 4: Click on 'Search' and the allotment status will be available on your screen.

Global Health's IPO is the largest ever in the hospital space in India till date. Founded by Naresh Trehan, a renowned cardiovascular and cardiothoracic surgeon, Global Health is a leading private multi-speciality tertiary care provider in north and east regions of India.

Global Health, backed by private equity investors such as Carlyle Group and Temasek, operates a network of five hospitals under 'Medanta' brand in Gurugram, Indore, Ranchi, Lucknow and Patna. In addition, one hospital is under construction in Noida.

Credit Suisse Securities (India), Jefferies India, JM Financial and Kotak Mahindra Capital are the managers to the offer.