Apollo Hospitals opens QIP with floor price of Rs 2,508.58 a

Apollo Hospitals has opened QIP today with floor price set at Rs 2,508.58 a share.
Business Standard had reported last month that Apollo Hospitals was planning to raise up to Rs 1,500 crore from investors to support its inorganic growth, strengthen its balance sheet and its digital platform.
Sources said that the hospital chain is targeting large Domestic Mutual Funds, Sovereign Funds among others.
The money, according to hospital sources, will be deployed in Apollo 24/7, the company's six-month old digital health platform. The money will also be used to support growth in the hospital business and to deleverage the balance sheet.
The hospital chain is also prepared for any bolt on acquisitions that would strengthen its presence in key markets that we have identified.

Related Keywords

Kolkata , West Bengal , India , , Apollo Gleneagles Hospital , Apollo Hospitals , Domestic Mutual Funds , Sovereign Funds , Apollo Gleneagles Hospital Limited , Iqip , Pharma Stocks , Mutual Funds , Online Pharmacy , கொல்கத்தா , மேற்கு பெங்கல் , இந்தியா , அப்பல்லோ க்ல்நேயேஜ்ல்ஸ் மருத்துவமனை , அப்பல்லோ மருத்துவமனைகள் , உள்நாட்டு பரஸ்பர நிதி , இறையாண்மை நிதி , அப்பல்லோ க்ல்நேயேஜ்ல்ஸ் மருத்துவமனை வரையறுக்கப்பட்டவை , பார்மா ஸ்டாக்ஸ் , பரஸ்பர நிதி , நிகழ்நிலை மருந்தகம் ,