GPT Healthcare debut exceeds expectations. Should you wait for more upside?

The shares of GPT Healthcare debuted with a 15% premium over the issue price on Thursday, which was slightly above expectations. Most analysts priced in a 9-10% premium listing. The shares ended the day with a gain of around 8% over the issue price of Rs 200.7. The IPO was priced at Rs 186 at the upper end. GPT Healthcare is a prominent regional corporate healthcare company.