IPO : Global Longlife Hospital and Research Limited

Established in 2015, Global Longlife Hospital and Research Limited provides health care services. The company offers Oncology, Ophthalmology, Cardiology, Dermatology, Gynaecology, Spine Surgery, Plastic Surgery, Ultrasound, Microbiology, Dialysis, and Physiotherapy among other healthcare services. Global Longlife Hospital is certified by the National Accreditation Board for Hospitals and Healthcare Providers (” NABH Accredited”).

The company is known as a Multi-Speciality Tertiary Care Hospital of Gujarat with 110 beds well equipped for Medical & Surgical Specialities. As of December 31, 2021, the company has 11 full-time consultants, and a team of more than 30 experienced doctors as consultants to serve patients. The company’s staff strength also comprises 37 nurses and more than 50 paramedical, pharmacists, corporate and support staff. Global Longlife Hospital is located in Ahmedabad.

Competitive Strengths:

  • Constant innovation.
  • Technical expertise.

Objectives of the Issue:

The company proposes to utilize the Net Proceeds from the issue towards the following objects:

  1. Acquire land on leasehold basis.
  2. Repayment of Loan.
  3. General corporate purposes.

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