India, Feb. 21 -- The price band for GPT Healthcare's initial public offering has been fixed in the range of Rs.177 to Rs.186 per equity share of the face value of Rs.10. The date of subscription is scheduled for February 22. The IPO will close on February 26 and the allocation to anchor investors will take place on February 21.

The lot size is 80 equity shares and in multiples of 80 equity shares thereafter. The IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), 15% for non-institutional Institutional Investors (NII), and 35% /for retail investors.

Through the IPO, the company hopes to raise around Rs.40 crore and issue up to 2.61 crore shares as part of an offer-for-sale (OFS...