The IPO of Global Health Limited, a company that runs a chain of hospitals in the country under the name of Medanta brand, will be launched next week. The company's IPO will open on November 3, 2022, and investors will be able to apply for it till November 7, 2022 (Monday). Soon the company will also reveal the price band of its IPO.
Global Health Limited is going to raise Rs 500 crore through an IPO fresh issue, for which the promoters of the company will sell shares under the offer for sale. The existing investors and promoters of the company are going to sell their stake in the company through an offer for sale. The company will pay off the outstanding debt from the proceeds to be raised through the IPO. Global Health Patiliputra Private Limited and Medanta Holdings Private Limited will pay the debt dues by the company through debt or equity.
Let us inform you that in the year 2004, Dr. Naresh Trehan, a well-known cardio surgeon in the country, started the hospital under the brand name Medanta. Medanta Hospital is a well-known name in the North and Eastern states of the country. The world's leading private equity investors have invested in Global Health Company, including Carlyle and Temasek Holdings. Both these holding companies hold 25.67% and 17% respectively. Dr. Naresh Trehan holds a 35 percent stake. While Sunil Sachdeva, co-founder of Medanta, holds 13.43 percent and RJ Corp holds 3.95 percent.
Let us inform you that in the year 2021-22, the revenue of the company was Rs 2206 crore. While the company's profit during this period was Rs 196 crore. The book-running lead managers of the Global Health Limited IPO are Kotak Mahindra Capital Company, Credit Suisse Securities, Jefferies India, and JM Financial. The shares of the company are expected to be listed on BSE and NSE on November 16, 2022.
Congress vs Congress: 'Shashi Tharoor has become the super spokesperson of BJP', Udit Raj attacks the party MP
Everything is not going well in the Congress party. This was indicated on Wednesday when Congress party leader and former MP Udit Raj launched a scathing attack on his party MP Shashi Tharoor and
Narendra Modi Nomination: 'A son can never be kind to his mother', when Modi cried in the MPs' meeting saying this; Advani was surprised
Prime Minister Narendra Modi will file a nomination for the Lok Sabha elections from the Varanasi seat for the third time today i.e. on Tuesday. During PM Modi's nomination, Home Minister
Narendra Modi: Banaras became 'Modi's family'; How happy are the people of Kashi with the work of their MP? Read the special ground report
When RJD supremo Lalu Prasad Yadav recently took a dig at Prime Minister Narendra Modi for not having a family, his supporters across the country and the world started a campaign 'Main Modi ka
Luthra Bros. Deportation: News of the Luthra brothers' extradition to India after their passports were suspended; both are currently in Thailand.
The Luthra brothers, the main accused in the Goa nightclub fire, have been detained in Thailand, and the process to bring them back to India to face trial has begun. The devastating fire claimed the
Canada has become a base for Khalistani terrorists, why is Trudeau still nurturing 'Bhasmasura' even after the embarrassment, this is the reason.
The attack on Hindu Sabha Mandir in Brampton has once again exposed the Khalistan love of Canadian PM Justin Trudeau. Despite knowing about the protest by Khalistani extremists in advance, the Trudeau
Adani-Ambani in the race to acquire SKS Power: The company owes about Rs 1,900 crore, the deal is important for the business of both
Two of India's biggest business houses, the Adani Group and Reliance Industries (RIL), are in the race to acquire Chhattisgarh-based SKS Power. Bank of Baroda and SBI owe about Rs 1,900 crore on this
Trump will meet his friend, Modi, the meeting may take place in Washington next month; what issues will be discussed?
Diplomats from India and the US are trying to organize a meeting between Prime Minister Narendra Modi and President Donald Trump in February, which could be held in Washington. India is keen to boost
US Capitol Attack: Donald Trump is responsible for the attack on the US Parliament, the investigation committee recommended running the case
Former US President Donald Trump's difficulties may increase. The committee probing the Capitol Hill violence (US Capitol Riot) has recommended criminal prosecution against Donald Trump. The
MEA: 'Relationship with them is different from the rest, the reason for this...', Jaishankar told why the distance between India and China is increasing, know
External Affairs Minister S Jaishankar said that India wants to ensure that its relations with all countries move forward without any conditions. He said, recently China violated the border agreements
Sarfaraz Khan: Sarfaraz Khan became clean and bold in love with a Kashmiri girl, read Nikah secretly
Star batsman Sarfaraz Khan, who plays for Delhi Capitals in IPL, has married a girl from Kashmir. Photos of Sarfaraz Khan's wedding are becoming increasingly viral on social media. Born in Mumbai,
