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Yatharth Hospitals, a leading hospital chain in Delhi-NCR, has opened its initial public offering (IPO) for public subscription. The IPO includes a fresh issue of up to INR 490 crore and an offer for sale of INR 65.51 lakh shares, with a price range of INR 285-300 per share.
Yatharth Hospital: Marquee investors participated in the anchor book included ICICI Prudential, Nippon Life, HDFC Mutual Fund, Aditya Birla Sun Life Trustee, Bandhan Mutual Fund, and HSBC Global Investment Funds.
The initial public offering (IPO) of Yatharth Hospital will open for subscription on July 26. The issue closes on July 28. The company's shares are expected to get listed on both exchanges. Here are 10 things to know about the offer.
Upcoming IPOs launches next week: It will be yet another busy week for the primary market with four public issues getting rolled out for bidding. Check all the IPOs to watch for next week ending July 29, 2023.
Yatharth Hospital will utilise fresh issue proceeds for repaying debts, capital expenditure for hospitals, and funding inorganic growth initiatives, besides general corporate purposes