Yatharth Hospital IPO GMP, Subscription, Review; Should You Buy on Last Day?
Yatharth Hospital IPO intends to use the net proceeds to pay off or advance debt; Should you invest?
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Yatharth Hospital IPO intends to use the net proceeds to pay off or advance debt; Should you invest?
Yatharth Hospital & Trauma Care Services is a private hospital that provides healthcare services and is based in the northern region of India. It has four operational hospitals and 1,405 beds and as of March 23, with 609 doctors engaged on its panel for servicing the patients.
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According to market sources, the grey market premium (GMP) of Yatharth Hospital was Rs 55. Ahead of the IPO opening, the company raised nearly Rs 206 crore from 18 anchor investors.
Yatharth Hospital said it will utilise fresh issue proceeds for repaying debts, capital expenditure for hospitals, and funding inorganic growth initiatives, besides general corporate purposes.