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The initial share-sale of Global Health Limited, which operates and manages hospitals under the Medanta brand, will open for public subscription on November 3.
Backed by private equity investors such as Carlyle Group and Temasek, Global Health operates a network of five hospitals under the 'Medanta' brand in Gurugram, Indore, Ranchi, Lucknow and Patna.
Get latest articles and stories on Latest News at LatestLY. Global Health Ltd, which operates and manages hospitals under the Medanta brand, and clinical research organisation Veeda Clinical Research has received markets regulator Sebi's go-ahead to raise funds through an initial public offering (IPO). Latest News | Medanta Brand Owner Global Health, Veeda Clinical Get Sebi's Go-ahead to Float IPOs.
Global Health Ltd. has attained a green signal from the Securities and Exchange Board of India to go ahead with an Initial Public Offering to raise funds.
The initial public offering (IPO) consists of a fresh issue of equity shares aggregating to Rs 500 crore, and an offer for sale of up to 4.84 crore equity shares, according to the draft red herring prospectus (DRHP)