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Language , Updated: Aug 8, 2022, 6:22 PM
New Delhi, Aug 8 (PTI) Health care sector company Asthathi Hospital and Trauma Care Services Ltd has were given capital markets regulator SEBI’s nod to head for an preliminary public providing (IPO). The corporate operates 3 tremendous uniqueness hospitals in Delhi-NCR. Recently it has additionally expanded its presence in Madhya Pradesh. According to the draft report submitted to SEBI, the IPO of Yatharth Hospital will see recent factor of fairness stocks of as much as Rs 610 crore. In addition, 65.51 lakh fairness stocks are presented on the market (OFS) through the promoters of the corporate and the promoter crew entities.
The corporate operates 3 tremendous uniqueness hospitals in Delhi-NCR. Recently it has additionally expanded its presence in Madhya Pradesh.
According to the draft report submitted to SEBI, the IPO of Yatharth Hospital will see recent factor of fairness stocks of as much as Rs 610 crore. Apart from this, the be offering on the market (OFS) of 65.51 lakh fairness stocks through the promoters of the corporate and the promoter crew entities may also be integrated.
The proceeds from the IPO might be used to finance enlargement plans and for normal company functions.