KIMS Hospitals is preparing for a 700 crore initial public offering (IPO) to give General Atlantic a route to partly exit its investment of three years, as well as raise 200 crore for the company through a fresh issue of shares.
Demand high for ICU beds in Hyderabad even as Covid spread sees fall in Telangana
Updated May 19, 2021, 7:39 am IST
Hospitals that have ventilators but no dialysis machines are not of use to Covid-19 patients in a serious condition
Experts say those who require ventilator support have been at treatment at home for six days and in small hospitals for at least four to seven days. (Representational Photo: AFP)
Hyderabad: Despite the fall in Covid cases, the demand for intensive care unit beds has not come down in the state. There are a minimum of 10 to 20 inquiries for ICU beds to private hospitals in Hyderabad. Small hospitals on the outskirts say they get between 50 and 100 calls a day from districts.
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Last financial years most rewarding IPOs included Happiest Minds, Chemcon Speciality Chemicals, Route Mobile, Burger King, Mrs. Bectors Food, Indigo Paints, Mtar Technologies, which doubled investors wealth on the listing day. The average listing gains from the IPOs of 2020 stood at 61 per cent, best since 2007.