Global Health, is a leading private multi-speciality tertiary care providers in the north and east regions of India. Under the “Medanta” brand, the firm has a network of four operational hospitals in Gurugram, Indore, Ranchi and Lucknow, a hospital which is under construction with an operational outpatient facility in Patna, and one hospital in Noida is planned for development.
The fresh issue of equity shares worth Rs 500 crore, and an offer for sale (OFS) up to 5.08 crore equity shares.
The proceeds from the fresh issue will be used to pay debt and general corporate purposes.
The Global Health IPO opens on 3rd November and closes on 7th November.
The price band of the Medanta IPO is set at Rs. 319 – Rs. 336 per share.
The Global Health IPO lot size is 44 shares per lot. A retail-individual investor can apply for up to 13 lots (572 shares).