JSA advised JM Financial Limited, the book running lead managers in relation to the initial public offering of equity shares of GPT Healthcare Limited (“IPO”) comprising a fresh issue of ₹400.00 million by the Company and an offer for sale by Banyan Tree Growth Capital II, LLC, of 26,082,786 Equity Shares aggregating to ₹4851.40 million.
GPT Healthcare Limited is one of the key regional corporate healthcare companies in Eastern India in terms of number of beds and hospitals as of Fiscal Year 2023. (Source: CRISIL Report) They operate a chain of mid-sized full service multispecialty hospitals in Eastern India under the “ILS Hospitals” brand and provide integrated healthcare services, with a focus on secondary and tertiary care.
Deal value: INR 5,251.40 million
Our Transaction Team Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya, Senior Associate – Sourav Modi, and Associate – Jeebitesh Bhattacharya and Reshmi Prabhakar.
Arka Mookerjee is a Partner and Co-Head of the Equity Capital Markets practice, with over 21 years of experience advising on India’s most complex and high-value transactions. Widely recognised for pioneering mandates—including India’s first QIP and InvIT IPO—he represents issuers, underwriters and investors across capital markets and investment structures. Arka actively engages with regulators and industry bodies, playing a key role in shaping India’s evolving capital markets framework.