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Medanta IPO Award Date: Check Online Subscription Status at Direct Link | Medanta share price NSE quote date

Medanta IPO Subscription Status, Grant Date, Medanta IPO Registrar: The allocation of initial public offering (IPO) of Global Health, which operates hospitals under the Medanta brand, was announced today as the company had set November 11 as a tentative date for this purpose. The IPO received a good response from investors and, according to NSE data, it received offers for 44.79 crore shares against 4.67 crore shares offered.

The Qualified Institutional Buyers (QIB) category was subscribed 28.64 times, while the Non-Institutional Investors portion was subscribed 4.02 times and the Retail Individual Investors (RII) portion was 88% subscribed. The IPO includes a new issue of shares worth up to Rs 500 crore and a sale offer of up to 5,07,61,000 shares.

Medanta IPO price range

Global Health’s price range was set at Rs 319-336 per share. At the upper end of the price range, the company is expected to fetch Rs 2,206 crore.

Last week, Global Health said it had raised Rs 662 crore from anchor investors.

Date of quotation of Medanta shares

Global Health’s IPO will be listed on both major BSE and NSE exchanges and the listing date will likely be November 16.

Medanta IPO Award: Step-by-Step Guide to Check Status Online

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

Medanta IPO Allocation: Checking BSE Status

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

2nd step: Select the ‘Equity’ option under ‘Issue Type’

Step 3: Select “Issue name” i.e. Global Health IPO from the menu.

Step 4: Enter your application number in the box or provide your PAN details to continue.

Step 5: Click on “I’m not a robot” then validate.

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

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

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

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

2nd step: Select Global Health IPO.

Step 3: You will now need to provide your PAN details. You can also provide details of your Demat account or application number.

Step 4: Click “Search” and the award status will be available on your screen.

Global Health’s IPO is the largest ever in the hospital space in India to date. Founded by Naresh Trehan, a renowned Cardiovascular and Cardiothoracic Surgeon, Global Health is one of the leading private multi-specialty tertiary care providers in the northern and eastern regions of India.

Global Health, backed by private investors such as Carlyle Group and Temasek, operates a network of five hospitals under the “Medanta” brand in Gurugram, Indore, Ranchi, Lucknow and Patna. Additionally, a hospital is under construction in Noida.

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