GPT Healthcare Ltd (Ticker: Pending) is a healthcare services company based in India, specializing in operating multispeciality neighbourhood tertiary care hospitals under the ILS Hospitals brand. The company owns and operates four hospitals with a total of over 560 beds across Eastern India and aims to expand to more than 1000 beds in the next three years. GPT Healthcare Ltd is set to list its shares in an IPO in India. The IPO is expected to raise INR 4.85 billion (approximately USD 58.42 million) through the sale of 26.08 million shares, with a price range set between INR 177.00 and INR 186.00 (USD 2.13 to USD 2.24). The offering is solely comprised of secondary shares and is managed by JM Financial Ltd. The expected listing date is February 29, 2024. Note that GPT group is named after Founder Shri Govardhan Prasad Tantia and has no connection to ChatGPT or A.I. technology.