 "IPO")
Global Health IPO subscribed 26%
The initial public offering (IPO) of Global Health, the company which owns the “Medanta” chain of hospitals was subscribed 26 per cent on Thursday, the first day of the issue. The institutional portion was subscribed 54 per cent, wealthy investor portion was subscribed 18 per cent, and the retail portion by 12 per cent. The Rs 2,205-crore IPO comprises a fresh issue of Rs 500 crore and an offer for sale of Rs 1,705 crore. They raised Rs 661 crore via anchor allotment.
The initial public offering (IPO) of Global Health, the company which owns the “Medanta” chain of hospitals was subscribed 26 per cent on Thursday, the first day of the issue. The institutional portion was subscribed 54 per cent, wealthy investor portion was subscribed 18 per cent, and the retail portion by 12 per cent. The Rs 2,205-crore IPO comprises a fresh issue of Rs 500 crore and an offer for sale of Rs 1,705 crore. They raised Rs 661 crore via anchor allotment.
As many as 52 investors subscribed to the IPO
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