KIMS Hospitals Rs 2,144-crore IPO subscribed 56% on second day of bidding msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
KIMS Hospitals IPO a good bet for long-term investors
KIMS Hospital’s ₹2,144-crore initial public offering (IPO) this week will provide a partial exit to private equity investor General Atlantic Singapore, reducing its share from 40.9% to 20% post issue.
Synopsis
Business strength amid Covid and core focus bode well, but KIMS Hospitals will have to outdo peers post listing
ET Intelligence Group: Hyderabad-based Krishna Institute of Medical Sciences (KIMS Hospitals) is the largest corporate healthcare group in Andhra Pradesh and Telangana with nine multi-speciality hospitals having 3,064 beds.
The company’s ₹2,144-crore initial public offering (IPO) this week will provide a partial exit to private equity investor General Atlantic Singapore, reducing its share from 40.9% to 20% post issue.
General Atlantic-backed hospital chain Krishna Institute of Medical Science Ltd. will sell shares at Rs 815-825 apiece to raise up to Rs 2,144 crore in its initial public offer next week.
KIMS Hospitals public issue subscribed 23% on day 1 of bidding msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Krishna Institute of Medical Sciences (KIMS Hospitals) initial public offering (IPO) Opens For Bidding Should You Subscribe? ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.